$27 million penthouse sale at Waldorf Astoria Residences in downtown St. Pete shatters Tampa Bay condo record

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$27 million penthouse sale at Waldorf Astoria Residences in downtown St. Pete shatters Tampa Bay condo record

A local business leader has purchased a two-story penthouse atop the planned 50-story Waldorf Astoria Residences tower in downtown St. Petersburg for $27 million.

Planned for 150 2nd Avenue South, the Waldorf Astoria Residences will be the city’s tallest building and the first five-star branded condo tower in St. Petersburg. The project will include 163 condominiums, 73,000 square feet of Class A office space, 10,000 square feet of ground-floor retail, and a wide range of luxury amenities.

The sale of the 11,000-square-foot rooftop unit has shattered the record for the most expensive condominium ever sold in the Tampa Bay area.

The previous high in St. Pete was an $8.25 million penthouse at Saltaire, located next to the proposed Waldorf Astoria tower in downtown St. Pete, which sold in 2024. In Tampa, the record is an $11.6 million penthouse at the Ritz-Carlton Residences, sold in 2021.

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A Rosie the Riveter-themed restaurant and bar to replace The Avenue in downtown St. Pete

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A Rosie the Riveter-themed restaurant and bar to replace The Avenue in downtown St. Pete

A new restaurant and bar inspired by the cultural icon Rosie the Riveter is coming to downtown St. Pete, replacing The Avenue, which closed in February after 13 years in business.

Tampa’s Riveters, a concept celebrating female empowerment and the women who worked in factories and shipyards during World War II, will bring its historical theme and made-from-scratch menu to 330 1st Avenue South later this year.

The 3,925-square-foot space will be transformed into a sports bar featuring World War II memorabilia, including Rosie the Riveter posters, veteran patches, and wings from crashed bomber jets mounted on the walls.

The female staff, called “Rosies,” wear red bandanas and denim tops inspired by the iconic poster, while the male staff wear military and tactical-style uniforms.

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Mayor Welch unveils $1.1 billion budget focused on housing, public works, and safer neighborhoods

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Mayor Welch unveils $1.1 billion budget focused on housing, public works, and safer neighborhoods

Mayor Ken Welch has released his recommended Fiscal Year 2026 (FY26) budget for the City of St. Petersburg, a $967 million spending plan focused on affordable housing, infrastructure resilience, equitable development, and neighborhood health and safety.

The Capital Improvement Plan, which is funded through the city’s budget, includes an additional $202 million in funding for projects ranging from road resurfacing and wastewater treatment upgrades to municipal facility improvements.

The city’s total operating budget plus the proposed Capital Improvement Plan totals over $1.1 billion in spending for FY26.

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New concierge primary care office opens in Historic Kenwood offering preventive care, easy access, and longer visits

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New concierge primary care office opens in Historic Kenwood offering preventive care, easy access, and longer visits

A new kind of doctor’s office has opened its doors in Historic Kenwood, offering a more personalized, relationship-based approach to primary care.

The practice brings concierge medicine, a model focused on prevention, accessibility, and longer visits, to a freshly renovated space at 2552 1st Avenue North in St. Pete.

The 3,700-square-foot clinic is the second location for Griffin Concierge Medical, a membership-based primary care practice founded by Dr. Radley Griffin in South Tampa in 2008.

Dr. Griffin founded his practice after working in emergency medicine and at a large primary care group in Manhattan, where he became frustrated by the rushed, transactional nature of traditional healthcare. He envisioned a slower, more thoughtful model where doctors could truly connect with their patients.

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Beau & Mo’s Italian Steakhouse in Historic Kenwood purchases neighboring property, announces new menu offerings

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Beau & Mo’s Italian Steakhouse in Historic Kenwood purchases neighboring property, announces new menu offerings

Finding a parking spot at one of St. Pete’s most popular steakhouses just got a lot easier, thanks to a major new investment by the restaurant’s owners.

In June, the owners of Beau & Mo’s Italian Steakhouse, located at 2924 5th Avenue North in Historic Kenwood, purchased the neighboring auto shop for $1 million.

The family-owned steakhouse has faced limited parking since it opened in 2015.

The acquisition adds over 30 parking spaces for the 125-seat restaurant, which itself only has 15 on-site spaces.

Guests frequently relied on street parking or overflow parking across the street at the nearby PPG Paint Store.

For now, there are no plans to repurpose the vacant auto shop.

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Castille Urbana nearing sellout as some buyers opt for mid-rise living over high-rises

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Castille Urbana nearing sellout as some buyers opt for mid-rise living over high-rises

As downtown St. Pete continues to grow skyward, one boutique condo building is nearly sold out by offering something refreshingly different.

Castille Urbana, a 40-unit mid-rise located at 600 3rd Avenue South, just three blocks south of Central Avenue, is down to its final six three-bedroom residences.

Developed by NJR Castille Urbana, LLC, a member of the NJR Companies Group, the five-story building brings a more laid-back feel to downtown living.

While some projects flaunt rooftop pools and other resort-style amenities, Castille Urbana emphasizes thoughtful design, practical features, and a walkable location.

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Wine bar and specialty grocer announced as first retail tenant for 46-story 400 Central in downtown St. Pete

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Wine bar and specialty grocer announced as first retail tenant for 46-story 400 Central in downtown St. Pete

Downtown St. Pete’s tallest tower just landed its first retail tenant, marking a major milestone for the 46-story Residences at 400 Central set to open later this year.

Volta Wine + Market, an independent wine shop, specialty grocer, and boutique wine bar, is set to open in 2026 on the ground floor of the 301-unit condo tower being developed by New York-based Red Apple Group.

Wendy Giffin of Cushman & Wakefield represented Volta in the lease transaction.

The 2,000-square-foot storefront will be located mid-block on Central Avenue and marks the first announced retail tenant in the tower.

Volta is the creation of local residents Zach Pace and Rachelle Tomushev, who are bringing a curated but approachable food and wine experience to the downtown St. Pete.

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Two local businesses expand to Bayfront Tower in downtown St. Pete

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Two local businesses expand to Bayfront Tower in downtown St. Pete

A new storefront combining a modern barbershop and tattoo-inspired streetwear has opened in downtown St. Pete.

Broken Compass Barber Co. and Iron and Ink Clothing Co., which previously shared a space at 6160 Ulmerton Road in Clearwater, have relocated their joint shop to the ground floor of the 29-story Bayfront Tower at 1 Beach Drive SE, Suite 106, which previously housed the pet grooming salon PetWorks.

Blakemore Kearney of Vector Commercial Real Estate Services represented the landlord, while Alex Kamm of Axxos Commercial represented the tenants.

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Jungle Boys plants roots with new dispensary in St Pete

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Jungle Boys plants roots with new dispensary in St Pete

Los Angeles cannabis cultivators, the Jungle Boys have planted a new dispensary in St. Petersburg, Florida.

The brand officially opened its St. Pete storefront at 4500 4th Street North on Thursday, July 10th.

Jungle Boys is known for its exotic, one-of-a-kind strains, all pheno-hunted in-house. They offer award-winning premium flower, pre-rolls, rosin and resin concentrates, vape pens, edibles, and RSO.

“Proudly serving Pinellas County and surrounding areas, including Clearwater, Largo, Seminole, Gulfport, and Treasure Island, our newest location brings Jungle Boys’ legendary flower and genetics to Florida’s west coast,” Jungle Boys' website reads.

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20-story, $134 million apartment tower proposed for 5th Avenue North in downtown St. Pete

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20-story, $134 million apartment tower proposed for 5th Avenue North in downtown St. Pete

Seven small apartment buildings in downtown St. Pete could soon be demolished to make way for a 20-story luxury apartment tower.

St. Pete-based Stadler Development, led by John Stadler and his son Chris, has submitted plans for a $134 million tower with 370 apartments, 3,819 square feet of ground-floor retail, and a 485-space parking garage.

The 1.3-acre site is bordered by 4th Street North, 5th Avenue North, 5th Street North, and an alley. It shares a block with the Hollander Hotel and Trinity Lutheran Church, which sit on the opposite side of the alley.

Stadler is under contract to purchase the property from local investor Michael Andoniades, who owns the Hollander Hotel and several other nearby buildings.

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