ARK Innovation Center completion marks new era for St. Pete’s entrepreneurial scene
/The long-awaited ARK Innovation Center will officially open next month - creating a first-of-its-kind entrepreneurial hub in Pinellas County.
ARK Invest founder Cathie Wood, St. Petersburg Mayor Ken Welch, Pinellas County Economic Development Director Cynthia Johnson, among leaders from the Tampa Bay Innovation Center, cut a ribbon Monday morning, celebrating the completion of the 45,000-square-foot facility at 1101 4th Street South.
In the coming months, engineers, data scientists and entrepreneurs will fill the center's empty suites, conference rooms, and 3D-printing, and prototyping studios.
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Plans have been revealed for two 44-story condominium towers at the site of the Hilton St. Petersburg Bayfront, in what would be one of the largest condo developments ever proposed for downtown St. Pete.
Delray Beach-based Kolter Urban recently circulated a site plan application to neighborhood and business associations outlining a $325 million redevelopment of the hotel property at 333 1st Street South.
If built as proposed, the towers would rise up to 509 feet. Only two existing or planned towers in St. Petersburg would be taller: the 515-foot Residences at 400 Central and the 539-foot Waldorf Astoria Residences planned at 150 2nd Avenue South.
The two new towers, which have been designed by 10 Design, would tie for the city’s third-tallest buildings, ahead of the 450-foot Art House and ONE St. Petersburg towers and the 408-foot Saltaire.
The proposal calls for 325 condo units, 17,988 square feet of commercial space, and a 519-space parking garage.
Kolter would also make 207 spaces in the adjacent Saltaire garage available to residents, for a total of 726 parking spaces.