OPINION: Bezu is Back, Here’s Why it Should be Approved

OPINION: Bezu is Back, Here’s Why it Should be Approved

City Council, Preserve the Burg, developer Michel Regignano and residents of the Flori de Leon. They’ve all been players in the Downtown St. Pete development saga that has played out over the last eighteen months. We’re talking about the controversial Blue Lotus (formerly Bezu) condominium project.

While many of you think you’ve been staying up to date, you probably don’t know all of the details. Or maybe you don’t know any details. Regardless, over the past year, we’ve heard comments such as “Wait… I thought that project was denied?” Or “Hasn’t that been approved already?” Well the answer to both is yes. Confused? We are here to help.

There are a lot of details to this story, let’s take a step back and remember how we got here…

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Blue Lotus to Rise 19-Stories at 100 4th Ave N in Downtown St. Pete

Blue Lotus to Rise 19-Stories at 100 4th Ave N in Downtown St. Pete

Downtown St. Pete’s urban core continues to expand with the introduction of the Blue Lotus condominiums at the southwest corner of 4th Avenue North and 1st Street North. Arclight Development Group is proposing a 19-story boutique high-rise which will feature 18 residential units including a three level penthouse. 

The project is proposed for the site of a 24-story condominium concept which was shot down by the Development Review Commission and City Council earlier this year. Since that setback, developer Michel Regignano has worked to envision a project that is more compatible with the surrounding neighborhood.

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