Done Deals is a new weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Read MoreSt. Pete-based developer Stoneweg is adjusting its plans to transform the beleaguered Coquina Key Plaza in south St. Petersburg into a thriving retail center with market rate and workforce housing.
The real estate firm, which purchased the 14.5-acre plaza at 4350 6th Street South in 2022 for $8.9 million, is modifying the layout of the $124 million development to deliver the project in phases.
The previous plan, approved in July 2022, called for the construction of four separate residential buildings containing 465 apartments and more than 20,000 square feet of new retail space in front of the residences.
Read MoreA planned mixed-use development proposed for the former Coquina Key Plaza in south St. Pete has been approved by St. Pete’s Development Review Commission.
As previously reported, St. Pete-based real estate company Stoneweg purchased the beleaguered Coquina Key Plaza located on 14.5 acres at 4350 6th Street South in March 2022 for $8.9 million.
After purchasing the land, Stoneweg revealed plans for a mixed-use development featuring four separate buildings containing a total of 465 apartments and 20,817 square feet of retail space.
Read MoreA new mixed-use development has been proposed for the former Coquina Key Plaza in south St. Pete. If approved, the project would bring hundreds of apartments, including much-needed income-restricted units, and new retail space to the neighborhood.
In March, St. Pete-based real estate company Stoneweg purchased the beleaguered Coquina Key Plaza located on 14.5 acres at 4350 6th Street South for $8.9 million.
In a recent interview with St. Pete Rising, Stoneweg laid out their proposal for the property. Plans call for the construction of four separate buildings containing a total of 458 apartments and 20,000 square feet of retail space.
Read MoreSt. Pete Rising is an online urban development publication covering retail, restaurants, and real estate news in St. Petersburg, FL
