Mixed-use retail building approved for downtown St. Pete’s EDGE District
A mixed-use retail building has been administratively approved for a prominent parcel in downtown St. Pete’s EDGE District.
Central Ave Corner Holding, LLC, an entity which is controlled by local developer Jonathan Daou, President of Eastman Equity, has submitted plans to build a two-story building at 1053 Central Avenue. The lot sits directly on the roundabout in the EDGE District at the northeast corner of Central Avenue and 11th Street next to Independent Bar.
The approved building features 1,472 square feet of ground floor retail and two second floor residential units.
The retail space will feature large storefront windows with a black façade resembling a neighborhood pub. White brick veneer will adorn the second floor.
No retail tenant has been announced for the space, but given the popularity of the EDGE District it will likely lease quickly.
The residences will be accessible by a stairwell off Central Avenue. Each apartment will have one-bedroom and one-bathroom and will feature a kitchen island and a balcony overlooking the EDGE District roundabout. Unit A will be 734 square feet facing Central Avenue and Unit B will be 630 square feet facing Baum Avenue.
The building will have no on-site parking as residential units in downtown St. Pete do not require onsite parking if they are under 750 square feet. However, the building will have indoor bike parking.
As part of the administrative approval, the developer requested a storefront width variance to add the residential access along Central Avenue. It was approved on May 17th.
“The storefront will maintain the existing pattern of small and medium-sized storefront widths to reinforce the importance of St. Petersburg’s small-scale business sector,” says the narrative in the submitted plans. “The distribution patterns of windows and activated doorways preserve the physical character of the block.”
No construction timeline has been announced.