Dutch Bros Coffee and PNC Bank proposed for former SunTrust property in Seminole
/A former SunTrust bank property in Seminole could soon be redeveloped into a Dutch Bros Coffee shop and a new PNC Bank.
During a June 23 Seminole City Council workshop, council members unanimously authorized City Manager Ann Toney-Deal to negotiate and finalize a development agreement with real estate group Paradise Ventures for the property at 7405 Seminole Boulevard.
A previous version of the agreement called for demolishing the 10,000-square-foot SunTrust Bank building and constructing a new PNC Bank in its place.
Previous plans also called for Greenlane, a healthy drive-thru salad chain, to occupy a second building on the site.
However, after Greenlane withdrew from the project, Paradise Ventures secured Dutch Bros Coffee as its replacement.
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An updated plan for a proposed 13-story, 120-unit residential project in the Grand Central District would reserve 48 apartments for affordable housing.
Tampa-based BendinRoad Development is seeking $4.8 million in federal disaster-recovery funding through the City of St. Petersburg for Residences at 1663, planned at 1663 1st Avenue South.
City staff has recommended the request for approval, and City Council will vote on it October 1st.
The site is currently home to a vacant commercial building that was previously occupied by Sunshine Kitty Catfe, which closed three years ago, and the Dolman Law Group.
Plans, which were approved in 2025, call for a 13-story building with 60 apartments and 60 short-term rental units that could be rented nightly, weekly, or monthly.
While the building’s design and layout remain unchanged, the developer delayed its original construction timeline to pursue the affordable housing funding.
A groundbreaking is now planned for early 2027.