12-story luxury condo tower to rise in St. Pete’s 67-acre Marina Bay waterfront community
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A new luxury condominium tower will be developed on the Pinellas Bayway, marking the final major development within Marina Bay, a 67-acre gated waterfront community adjacent to Eckerd College and southwest of the Skyway Marina District in St. Petersburg.
Marina Bay developer Reza Yazdani plans to submit plans in early October to the City of St. Pete for the Marina Bay Residence, a 12-story condominium tower featuring panoramic views of Boca Ciega Bay and the Gulf of Mexico.
The $120 million project will include 96 residential units, two levels of parking, and a suite of upscale amenities.
Since acquiring the initial Marina Bay property from Eckerd College in 2003, Yazdani has transformed the site into a premier coastal residential enclave featuring a deep-water marina and 187 homes, including single-family residences, villas, and condominiums located along almost 2,000 feet of the Intracoastal Waterway.
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A former church property in St. Pete’s Lake Euclid neighborhood could soon become an affordable homeownership community.
Habitat for Humanity Tampa Bay Gulfside plans to build 14 affordable single-family homes at 2500 16th Street North, the former home of St. Bede Episcopal Church.
The church, constructed in 1952, was demolished in 2023.
Last July, Habitat purchased the vacant two-acre property from the Episcopal Diocese of Southwest Florida for $1.4 million.
The local Habitat chapter initially considered building up to 39 townhomes on the site. However, following community meetings and financial analysis, the organization shifted to a smaller single-family home development.
“After numerous community meetings with the Lake Euclid neighborhood, and looking at multiple pro forma scenarios, we decided single-family homes were the best route for us,” Habitat for Humanity Tampa Bay Gulfside CEO Mike Sutton said in a conversation with St. Pete Rising.