Done Deals is a 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.
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Read MoreA new ultra high-end 25-story condominium tower, with a mix of short-term rental and permanent residential units, will rise on 4th Street South.
Clearwater-based real estate firm Valor Capital plans to build a 152-unit upscale condo development at 332, 340, and 344 4th Street South. The property is located at the intersection of 4th Street South and 4th Avenue South and was assembled in a series of purchases that closed in 2022 for $5.2 million.
In an exclusive interview with St. Pete Rising, Valor Capital CEO Moises Agami said the $55 million project will be renamed Roche Bobois Residences as the team is working with the Paris, France-based luxury furniture designer Roche Bobois. Gomez Vazquez International is the building’s architect.
Read MoreSix months after announcing plans for a new development in downtown St. Petersburg, Clearwater-based Valor Capital is revealing new details for their mixed-use project planned for 344 4th Street South.
The 25-story building will reach a height of 325-feet and will contain 152 dwelling units or hotel units along with 4,893 square feet of commercial space and a 130-space parking garage.
The base of the tower will include retail space and a residential lobby along with a 4,000 square foot open space plaza. A sky bar is proposed for the rooftop.
Read MoreValor Capital, a Clearwater-based estate development firm, has announced that its latest development will be in downtown St. Petersburg. The proposed mixed-use development will feature luxury condominiums.
The group previously developed The SkyView condominiums at 412 Cleveland Street in downtown Clearwater and is current building Serena by the Bay, an 80-unit project at 1020 Sunset Point Road, also in Clearwater. In late 2022, Valor announced that Serena by the Bay had sold out.
Moises Agami, CEO of Valor Capital, says the development team is, “always on the lookout for up-and-coming areas like St. Petersburg, which offers a thriving atmosphere of opportunities, bursting with arts, culture, and high-tech industry.”
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