Downtown St. Pete Development Update: July 2014

Downtown St. Pete Development Update: July 2014

Construction crews have been hard at work in Downtown St. Pete so far this year.  Read more to get the latest construction updates!

Read More

Downtown St. Pete Development Update: March 2014

Downtown St. Pete Development Update: March 2014

The future of Downtown St Pete is big and bright.  Construction has been rampant so far in 2014.  Read more to get the latest construction updates!

Read More

PROJECT UPDATE: Rowland Place

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From the Rowland Place's Facebook: 

It starts with a great foundation!

Rowland Place's first concrete pour creating its solid foundation was completed last week. Now, it’s only "up" from here!

One thousand five (1,005) square yards of concrete make up the foundation at Rowland Place. The Rowland Place construction team worked 14 hours straight and the results are “rock solid.” Stay tuned to watch Rowland Place develop into the newest in Luxury Urban Living!

Rowland Place is a six story, 20 unit currently under construction near Beach Drive. Its units will sell for between $500,000 and $800,000. It is being developed by JMC Communities.

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For more information on Rowland Place visit their website.

To view more of our articles written about Rowland Place, click here.

PROJECT: Rowland Place

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Name: Rowland Place

Stories: 6

Units: 20

Price Range: $500,000-$800,000

Developer: JMC Communities

Website:

Developer plans condo project in downtown St. Petersburg

ST. PETERSBURG — The developer of downtown mega-tower Ovation has a subtler new plan in the works, a six-story condo project called Rowland Place built off the bustle of Beach Drive.

The mid-rise is planned to hold 20 condos sized between 1,700 and 2,200 square feet, said JMC Communities CEO Mike Cheezem.

Far from Ovation's multimillion-dollar price tags, each condo will sell for between $500,000 and $800,000.

Developers expect to start sales next month, and financing plans are in place, Cheezem said. Construction, expected to begin in the fall, should last about a year.

Planners expect the condos will attract buyers flocking from Snell Isle, the beaches or the Old Northeast, largely empty nesters looking to downsize into somewhere walkable, vibrant and fresh.

"Downtown St. Pete is just going to continue to become a better and better place to live," said Cheezem, whose firm also built Clearwater Beach's Sandpearl Resort. "I've no doubt the demand will continue. It's just a matter of identifying where the need is."

The condos will be built on half an acre at 146 Fourth Ave. NE, between the gallery of artist P. Buckley Moss and a bed-and-breakfast, the Watergarden Inn at the Bay. A 1920s bungalow now on the condo site will be moved and remodeled.

Parts of Rowland Place's rooftop terrace and upper floors may be able to see North Straub Park and the waterfront beyond, though much of its eastern views will face the newly renovated Birchwood Inn.

Renderings show the building will be modeled in the beaux-arts style, similar to that of the historic Kress Building, on Fifth Street and Central Avenue.

The project will be named after E.B. Rowland, a prominent St. Petersburg real estate broker at the turn of the 20th century who a 1913 Evening Independent story called "one of the pioneer business men of the Sunshine City." With most luxury condos built during the boom long sold, developers have begun again to break ground on posh condos downtown.

Across Fourth Avenue from Rowland Place, developers are now taking reservations for the 14-story Silhouette high-rise, where two- and three-bedroom condos will sell for more than $700,000.

[Source: Tampa Bay Times]