Planned townhome community The Bismarck expands in Historic Kenwood
/A luxury townhome community planned for Historic Kenwood is expected to triple in size with the acquisition of two adjacent parcels.
The Bismarck was announced late 2021 as a 6-unit luxury townhome development planned for 3023 1st Avenue North.
The development is the latest project by St. Pete-based Salt Palm Development, an environmentally conscious developer.
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St. Petersburg has a rule that protects our waterfront. If the city wants to lease public waterfront land for longer than a short term, voters decide. That rule is worth keeping, and a "yes" vote on Charter Amendment #2 does not weaken it.
Here is what it changes. Under the City Charter, Port leases are capped at 10 years unless voters approve more in a citywide referendum. Charter Amendment 2 would raise that cap to 25 years, the same limit Albert Whitted Airport has had since 2004, when voters raised it from five years. Giving the Port the same terms as its neighbor is sensible.
Here is what it does not change. The ballot language says the amendment "would not change the permitted use of the Port." It does not approve residential development at the site, and it does not approve any redevelopment of the Port. It changes one number, the maximum lease length. Every lease would still go through the city administration and City Council. The amendment does not hand anyone a blank check. It lets the city negotiate from a stronger position.