Downtown St. Pete development site near Central Avenue hits the market

Downtown St. Pete development site near Central Avenue hits the market

A redevelopment site in the heart of downtown St. Petersburg has hit the market.

The property is located one block from Central Avenue at 125 5th Street South and sits across the street from the 46-story Residences at 400 Central building, which is slated to be completed later this year. The parcel currently houses an 11,357-square-foot office building anchored by Wells Fargo Bank.

“This property has generated a lot of interest from developers over the past few years who wanted to redevelop the property into a high-rise tower,” Vector Commercial Real Estate Services Broker Blakemore Kearney said to St. Pete Rising.

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21-story apartment tower proposed near USF in downtown St. Pete

21-story apartment tower proposed near USF in downtown St. Pete

A local developer has proposed to construct a 21-story, 213-unit apartment building directly across from the University of South Florida in downtown St. Pete.

St. Pete-based real estate company Stadler Development has filed a site plan application with the city for a $67 million tower that is expected to rise on a 0.69-acre property at 446 4th Street South, which is currently home to a 5,000-square-foot commercial building occupied by Fresenius Kidney Care American Dialysis Center.

“This site will deliver the demand for the Innovation District. The whole community, including students and hospital workers, should be well-served by this project,” Stadler Development Managing Partner John Stadler said in a conversation with St. Pete Rising.

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St. Pete Ferments and Queen & Colony relocate to new home near downtown

St. Pete Ferments and Queen & Colony relocate to new home near downtown

The longtime farmer's market vendor who's garnered a name for herself making kombucha and fermented vegetables in St. Pete has found a new permanent home.

Jars of raw honey, bottles of kombucha with fruity flavors, and fermented kimchi and sauerkraut fill the shelves and cooler along the brick walls and cooler inside St. Pete Ferments' new brick-and-mortar shop at 326 MLK Jr. Street North, a space with Queen and Colony Bee Company, which specializes in local, raw honey and beekeeper education.

The two businesses previously shared a space at an industrial building 4922 8th Avenue South in Gulfport.

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Local hotelier buys Old Florida hotel property on St. Pete Beach

Local hotelier buys Old Florida hotel property on St. Pete Beach

The 18-key Beach Haven Villas hotel, located on the picturesque shores of St. Pete Beach, now has a new owner—a prominent and well-established local hotelier.

Kevin Bowden, owner of St. Pete Beach's Miramar Resort and Cambria Hotel on Madeira Beach, purchased the Art Deco-styled hotel at 4980 Gulf Boulevard from Beach Haven LLC in a roughly $6.24 million deal. Beach Haven LLC is a local small business whose President is Carolyn Thatcher.

Bowden took out a $4.65 million mortgage loan from St. Pete-based real estate specialty finance firm Directed Capital in the transaction.

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Home of the Week: 1957-built Mid-Century Marvel in St. Petersburg's Pinellas Point

Home of the Week: 1957-built Mid-Century Marvel in St. Petersburg's Pinellas Point

This week’s featured home is a fascinating piece of mid-century architecture located at 801 Pinellas Point Drive South. Built in 1957, this three-bedroom, two-and-a-half-bath home offers 2,538 square feet of living space on a spacious 0.27-acre lot.

Nicknamed a “Mid-Century Marvel” by the St. Petersburg Times decades ago, the house showcases design elements that capture the spirit of its era. Highlights include a triangular fireplace, geometric wall features, a built-in fish tank, and a circular dining table.

Small touches in the kitchen, like pull-out storage for aluminum foil and plastic wrap, reflect the innovative thinking of the time.

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