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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