Mixed-use building breaks ground at 2700 Central Avenue in the Grand Central District
/Construction has begun on a mixed-use building at 2700 Central Avenue in St. Pete’s Grand Central District.
Simply known as 2700 Central, the project is being developed by MTB Urban, a sister company of builder Modern Tampa Bay Homes, and will feature three 3-bed and 3.5-bath homes ranging between 2,500 and 4,500 square feet. The building will also have 2,500 square feet of ground floor retail space fronting Central Avenue.
Located in the heart of St. Pete’s vibrant Grand Central District, 2700 Central will be within walking distance of some of St Pete’s most popular restaurants, bars, cafes, art establishments, entertainment venues, and shops - including local favorites like Bandit Coffee Co, Baba Restaurant and Bakery, and Wild Child.
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A 16-story apartment tower has been proposed across from the University of South Florida St. Petersburg campus, replacing a larger project approved for the same property last year.
The proposed development would rise at 446 4th Street South, at the northeast corner of 5th Avenue South and 4th Street South.
The 0.7-acre property is currently home to a 105-year-old commercial building previously occupied by Fresenius Kidney Care American Dialysis Center and an adjacent surface parking lot.
The project, which would be developed by Charleston, South Carolina-based The Beach Company, will contain 165 apartments, approximately 3,200 square feet of ground-floor retail space, a 176-space parking garage, and 178 bicycle spaces.
It’s a significant change from the development St. Petersburg City Council approved for the site in February 2025.