St. Pete-Clearwater Airport moves forward with redeveloping 128-acre Airco site

/
St. Pete-Clearwater Airport moves forward with redeveloping 128-acre Airco site

A former golf course property spanning 128 acres next to the St. Pete-Clearwater International Airport (PIE) is set to be redeveloped, beginning with the construction of a new taxiway that will lay the groundwork for a future aviation business park.

For the past two decades, PIE has been working toward redeveloping the county-owned property known as the Airco site. The site is the largest contiguous piece of developable land in Pinellas County. PIE is now moving forward with selecting a contractor for the first phase of the project, a new taxiway located off Ulmerton Road.

“The taxiway is the first step to redeveloping the property and providing the infrastructure for future businesses there, especially aviation companies, which we’ve seen a lot of demand for,” said PIE Public Relations Director Michelle Routh in a conversation with St. Pete Rising.

Read More

Real estate investor purchases another property near Salt Creek in St. Pete for $6 million

/
Real estate investor purchases another property near Salt Creek in St. Pete for $6 million

Clearwater-based real estate company Prometheus Partners, which has been quietly assembling acres of contiguous property just south of downtown St. Petersburg, has acquired another site.

Through its affiliate, Prometheus Franchise Restaurant Holdings LLC, the group purchased the 24,500-square-foot warehouse at 1499 Beach Drive SE for $6 million from Cato Holdings LLC.

Built in 1959, the art deco-style building sits on 1.37 acres near Salt Creek. It currently houses the Salt Creek Arts Center, a maker space offering studios and galleries for local artists, as well as moving company Swift Moves.

Read More

Historically St. Pete: How the 100-year-old Jungle Country Club Hotel became Admiral Farragut Academy in west St. Pete

/
Historically St. Pete: How the 100-year-old Jungle Country Club Hotel became Admiral Farragut Academy in west St. Pete

At St. Pete Rising, we are constantly providing comprehensive coverage on everything new and coming soon to the Sunshine City, but we think it’s also important to take a look back at our city's rich history.

Historically St. Pete, a monthly column on St. Pete Rising written by Executive Director of the St. Petersburg Museum of History Rui Farias, covers everything from the legend of underground mobster tunnels to the buildings and people that created the Sunshine City.

Follow us each month as we explore how these projects shaped St. Pete into the city we know and love today.

This month we explore the history of the 100-year-old The Jungle Country Club Hotel, located at 501 Park Street North, and how it became home to St. Petersburg’s Admiral Farragut Academy.

Read More

Four-story boutique hotel planned for Pass-a-Grille in St. Pete Beach

/
Four-story boutique hotel planned for Pass-a-Grille in St. Pete Beach

A new boutique hotel has been proposed for a waterfront property on Pass-a-Grille in St. Pete Beach.

Local developer DevMar Development, which has built several projects in St. Pete, is seeking site plan approval from the City of St. Pete Beach to construct a four-story, 17-unit hotel called Helios at 702 Pass-a-Grille Way.

The 0.35-acre property is currently home to a small one-bedroom short-term rental, which would be demolished to make way for the new development.

All 17 units will feature two bedrooms and range from 909 to 1,112 square feet, more than twice the size of a typical hotel room.

Read More

Three-story apartment community proposed for southern tip of Pass-a-Grille in St. Pete Beach

/
Three-story apartment community proposed for southern tip of Pass-a-Grille in St. Pete Beach

A hurricane-damaged apartment complex on the southern tip of Pass-A-Grille could soon be redeveloped into a new eight-unit residential community called Barracks by the Sea.

Located at 100 Pass-A-Grille Way in St. Pete Beach, the 0.28-acre property is owned by Barracks by the Sea LLC, who purchased the site in 2021 for $2.25 million.

The property sits directly across from the Intracoastal Waterway and currently consists of three residential buildings, two of which were originally constructed in the early 1940s as army barracks and later converted to permanent residences.

Read More

29-story condo tower approved for 4th Street South in downtown St. Pete

/
29-story condo tower approved for 4th Street South in downtown St. Pete

A Clearwater-based developer has received approval to build a new 29-story residential tower in downtown St. Petersburg.

Valor Capital plans to construct a $70 million, 165-unit condominium tower on the northeast corner of 4th Street South and 4th Avenue South, just two blocks from the Publix-anchored University Village retail plaza.

At a Development Review Commission meeting on Wednesday, commissioners unanimously approved a floor area ratio (FAR) bonus and a building height bonus for the project, known as the Roche Bobois Residences. Construction is expected to begin in 2026.

The approval follows a prior site plan approval for the project by the St. Petersburg City Council, acting as the Community Redevelopment Agency, in July.

Read More

Construction begins on 86-unit affordable housing community at Palm Lake Christian Church in Disston Heights

/
Construction begins on 86-unit affordable housing community at Palm Lake Christian Church in Disston Heights

Vacant land next to Palm Lake Christian Church in St. Pete’s Disston Heights neighborhood will be developed into an 86-unit affordable housing community restricted to low-income households.

Tampa-based Newstar Development recently announced the full execution of a land lease agreement between the church, the Pinellas County Housing Authority (PCHA), and Newstar itself.

Construction also recently commenced on the project, known as Palm Lake Urban Sanctuary, or PLUS, located at 5401 22nd Avenue North.

The development will include a four-story building with 86 units, all reserved for households earning up to 80% of the area median income (AMI).

Specifically, the breakdown includes 13 units reserved for households earning 30% AMI, 14 units for 50% AMI, 42 units for 60% AMI, and 17 units for 80% AMI.

Read More

Massive redevelopment brewing on Salt Creek as plans emerge for waterfront district south of downtown St. Pete

/
Massive redevelopment brewing on Salt Creek as plans emerge for waterfront district south of downtown St. Pete

A once-sleepy industrial stretch along Salt Creek in south St. Pete is on the cusp of major transformation as Clearwater-based real estate company Prometheus Partners has quietly assembled more than 10.5 acres of contiguous property just south of downtown.

Over the past few years, the group has spent over $43.7 million acquiring a portfolio of waterfront parcels in the Old Southeast neighborhood.

Now, newly filed plans suggest a redevelopment may be in motion, one that could dramatically reshape this underutilized waterfront into a lively mixed-use neighborhood.

Prometheus began acquiring land in the area in March 2024, beginning with the purchase of Progressive Marine Service Inc. at 1351 Bay Street SE for $4.8 million.

That was followed by a $10 million deal in April for 1421 Bay Street SE, the former Sailor’s Wharf yacht yard.

In July 2024, it picked up the St. Petersburg Marine Center at 101 16th Avenue South for $12.5 million.

Then in November 2024, the company added the Salt Creek Marina at 105 15th Avenue SE to its portfolio for $16.425 million.

In total, the company now controls more than 10.5 acres across several parcels on the south side of Salt Creek.

Read More

Developer buys St. Pete property in $16.5 million deal for 304-unit affordable housing complex

/
Developer buys St. Pete property in $16.5 million deal for 304-unit affordable housing complex

Houston-based The Hanover Company, a private real estate developer, has purchased a retail plaza that is expected to be redeveloped into a 304-unit affordable housing community.

The group has acquired the 8.95-acre site at 3100 22nd Avenue North in North Kenwood for $16.5 million from ZSPR PROPCO of Tampa LLC, according to a deed recorded on August 4th. The existing 71,064-square-foot retail plaza previously housed JB Factory Flooring, Studio Physique, and a MetroPCS store.

The Hanover Company also took out a $46.92 million loan from Texas-based Comica Bank.

The company’s redevelopment plans, which were filed in 2024, represented the first Live Local Act application received by the City of St. Petersburg.

Read More

South Pasadena Winn-Dixie to be converted into Aldi

/
South Pasadena Winn-Dixie to be converted into Aldi

After more than a decade serving the South Pasadena community, the Winn-Dixie at 6851 Gulfport Boulevard is set for a major transformation.

The store will be converted into an Aldi, joining a wave of former Winn-Dixie locations being rebranded under the German discount grocery chain following its acquisition of Southeastern Grocers in March 2024.

Plans for the 55,720-square-foot supermarket include a renovation that will subdivide the existing space, with Aldi occupying a portion of the building.

Located directly across from a Publix and Walmart Neighborhood Market, the site has long been a hotspot for grocery competition.

Read More