5-story mixed-use development proposed for the Grand Central District
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St. Pete’s Grand Central District continues to attract new businesses and pique developer interest as demand for commercial space and new housing radiates from the downtown core. A recent land sale in the heart of the neighborhood will pave the way for the District’s next mixed-use development.
Vertica Commercial Advisors, a subsidiary of Vertica Partners, a Tampa-based real estate advisory and investment firm, has announced the sale of a parcel at the southwest corner of Central Avenue and 28th Street to ASH Developers. The site is nearly a quarter acre and sits in an Opportunity Zone – it sold for $740,000, or $70 per square foot.
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For years, The Joint’s patio had the bones of a great outdoor hangout: space to sit, a neighborhood crowd, and the kind of laid-back setting that feels made for a cold beer and a game on TV.
What it did not have was much protection from Florida’s sun and rain.
That is about to change. The Joint, the longtime Jungle Terrace tavern at 7630 34th Avenue North, has added a covered patio, an outdoor bar, fans, and seven TVs.
Owners Ben Scherlis and Francesco “Fran” Balzano expect to welcome customers into the new space later this month, although an opening date has not yet been finalized.
“We just wanted to open this space up and make it a whole new outdoor concept where people can sit outside, order food and drinks, and watch TV, same as you could inside,” Scherlis said in a conversation with St. Pete Rising. “It’s just giving people another option.”