83-unit infill apartment buildings to rise in downtown St. Pete
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About a year ago, St. Pete City Council approved a package of Land Development Regulation (LDR) changes in an effort to help reduce the cost of building housing in the city. The package of code changes was just one prong in a multifaceted approach to help address housing affordability in the Sunshine City.
One of the approved code changes was the removal of mandatory parking minimums for residential units under 750 square feet in downtown St. Pete. Mandatory parking minimums are development regulations which require a certain number of vehicular parking spaces per residential unit.
There’s a growing body of evidence that mandatory parking minimums come at an immense cost to the cities that implement them.
A 2015 study even estimated that the cost of a single parking space in a structured garage increases residential rent by $225 per month.
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Contrary to recent reports, Jannus Live, the iconic open-air concert venue in downtown St. Petersburg, is not for sale and will continue operating, according to the property's owner.
The confusion began when a two-story, 10,500-square-foot commercial building at 200 1st Avenue North, immediately north of the courtyard music venue, was listed for sale for $11.5 million.
Although the two properties share a longstanding connection, they have separate owners.
The building listed for sale is owned by The Jannus Landing Retail Building, LLC, associated with local businessman Jeff Knight, while the courtyard concert venue is owned by St. Pete Jannus, LLC, led by Tony Amico.
"Jannus music venue is not for sale and will continue to operate," Amico said in a conversation with St. Pete Rising. “There may be a short pause due to a change of operators, but the music will continue.”
The distinction comes after several local publications reported that Jannus Live was being sold, raising concerns about the future of the courtyard that has hosted concerts in downtown St. Pete since 1984.