Construction begins on The Cade, a seven-story boutique condo building overlooking Mirror Lake in downtown St. Pete
/The Cade, a 15-unit luxury condominium building planned for Mirror Lake in downtown St. Pete, is now under construction | Backstreets Capital
Construction is underway on a new boutique condo building overlooking Mirror Lake in downtown St. Pete.
St. Pete-based Backstreets Capital has officially broken ground on The Cade, a seven-story residential project planned for 749 Burlington Avenue North featuring just 15 luxury residences overlooking the historic lake.
The project has seen strong early sales demand, with 40% of residences already under contract since sales launched two months ago.
“The response to The Cade has validated what we set out to create,” said Will Conroy, President of Backstreets Capital. “With construction now underway and nearly half the residences already spoken for, it’s clear there is strong demand for a more refined, residential experience in our downtown.”
“The Cade is perfect for people who want the privacy, space, and character of a custom home, paired with an irreplaceable lakefront location,” Conroy added.
The Cade will be located at 749 Burlington Avenue North in downtown ST. Pete | Backstreets Capital
The building is designed with just two to three residences per floor, with an emphasis on privacy, larger floor plans, and direct views of Mirror Lake.
All homes will feature east-facing living spaces overlooking the lake and downtown skyline, with upper floors offering views of Tampa Bay.
Residences will range from three-bedroom units measuring just over 2,100 square feet to two full-floor penthouses exceeding 3,400 square feet.
Each unit includes a private balcony, an air-conditioned storage room within or adjacent to the unit, and a second dedicated storage space located in front of an assigned parking space inside the first-floor parking garage.
Parking spaces will be prewired for electric vehicle charging, with select spaces designed to accommodate optional car lifts.
Standard residences will feature Thermador appliance suites with 42-inch French door refrigerators, while the penthouses will include Sub-Zero 48-inch French door refrigerators and Wolf appliances.
All kitchens will include natural gas cooktops, paneled refrigerators and dishwashers, two full-height pantries, and large islands wrapped in matching cabinetry.
Primary bathrooms are designed with European-style cabinetry, freestanding soaking tubs, tiled showers with frameless enclosures, built-in benches, and private water closets.
Amenities are intentionally scaled to match the size of the building.
Plans include a second-floor amenity deck with a plunge pool, covered seating, and a gas fireplace, along with a fitness center and a resident lounge equipped with a catering kitchen, beverage station, and work areas.
The project’s design draws from the neighboring historic Cade Allen House, located at 250 Mirror Lake.
The 1930s-era home, originally built by local developer and architect Cade Allen, is currently being restored by Backstreets Capital.
Materials salvaged from the structure, including original stone, are expected to be incorporated into The Cade’s lobby, tying the new building to the site’s architectural history.
PLACE Architecture is serving as the project’s design lead, marking its fourth collaboration with Backstreets Capital following The Salvador, The Nolen, and Clemmons Court.
Safety Harbor-based GSA Contractors is serving as the project’s general contractor.
Construction is being managed by Clearwater-based Valin Construction, with Kathy Hess and Albert Valin overseeing the project.
the historic 89-year-old Cade Allen House, which sits directly east of The Cade, is currently being restored by Backstreets Capital | Backstreets Capital
Stephanie Smart of s.p.a.c.e. is leading the interior design of The Cade.
Sales are being handled by The Wittner Wollman Group, with a dedicated sales gallery now open at 600 1st Avenue North.
Remaining residences are priced starting at approximately $1.9 million.
Backstreets Capital, the family office of the Conroy and Sher families, has been active across St. Petersburg and the broader Tampa Bay region since 2014, with a portfolio that includes a mix of residential, commercial, and mixed-use developments.
For more information on The Cade, visit the property’s website.
