High Demand Drives Downtown St. Pete Townhome Development

High Demand Drives Downtown St. Pete Townhome Development

Over a thousand new residential units will be coming to Downtown St. Pete over the next couple of years. With over 15 developments either under construction or proposed, the combined impact of these projects is creating Tampa Bay’s best community to live, work, and play.

Showing confidence in the Downtown St. Pete market, investor Jeff Craft with NV Holdings is embarking on multiple projects in and around St. Pete’s urban core.

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Reservations Remain Strong as ONE St. Petersburg Releases New Penthouse Renders

Reservations Remain Strong as ONE St. Petersburg Releases New Penthouse Renders

With the tailwinds of a red hot downtown real estate market at its back, ONE St. Petersburg has continued to far exceeded expectations.

Since having an official grand opening event in February around 120 units have been reserved, representing sales of over $126 million. Dave Traynor, of Smith & Associates, said about a third of the reservations have come from existing St. Pete residents while another third have come from other areas in Tampa Bay. The remaining third have come from out of area buyers primarily from the Northeast and the Midwest.

Soaring over 450 feet, ONE St. Petersburg will be the tallest building in St. Petersburg and in Pinellas County. The 41-story, 253 unit condo tower, which is expected to break ground in the first quarter of 2016, will be located at 100 First Ave N. 

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The Blue Goose Bar Opening Early April in EDGE District

The Blue Goose Bar Opening Early April in EDGE District

During the past year, over twenty businesses have opened in the blossoming EDGE District of downtown St. Petersburg.And in a few days, The Blue Goose will join Green Bench Brewing, The Amsterdam, The Bends, and more in what is becoming a new hub for nightlife.

“It started out as a whiskey bar.Now we are going to do craft cocktails and a good selection of beer. We are not going to be a whiskey bar, but we will have an above average selection of whiskey and scotch,” says Alex Gahhos, co-owner along with Dan Wing. 

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St. Pete Pier Public Survey Opens Today

St. Pete Pier Public Survey Opens Today

Today, St Petersburg is another step closer to having a brand new pier.  A public survey opened this morning on the city’s official website encouraging residents over the age of 18 to vote on up to three of their favorite pier designs.  Residents will have until March 6th to cast their vote.

City officials are hoping to receive input from 40,000-50,000 residents in the two weeks the poll is open.

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Project: Quattro Beach Drive

Project: Quattro Beach Drive

Just 400 steps from Beach Drive is a new project named Quattro Beach Drive. Quattro, meaning four in Italian, is a development of 4 two-story town homes located in the Old Northeast neighborhood but within walking distance to Downtown St.Pete.  Each town home will be around 3300 square feet and will feature a private courtyard separating the main home from the guest house. 

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Project: Towns on Fifth

Project: Towns on Fifth

If you follow this blog or any local news site you're probably very aware of the building boom going on in Downtown St.Pete. From apartments to condos to hotels and office there's a very strong wave of new development that is transforming downtown. Adding to the building boom is a new project: The Towns on Fifth. Located just one block from Beach Drive at 145 5th Ave NE, the Towns on Fifth is a development of 8 luxury town homes. Each unit will feature 3 floors with a rooftop terrace and a two car garage that opens to a private central driveway.

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Project: ONE St. Petersburg

Project: ONE St. Petersburg

I'm a little late with this post but nonetheless I'm very excited to tell you about ONE St.Petersburg, a huge new project in the heart of downtown. ONE St.Petersburg will be a 41 story, 253 unit condo tower complemented by a garage and retail base along with a second tower featuring 174 hotel rooms.

The Kolter Group is developing this $120 million project that will likely become St.Petersburg's tallest building.

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Project: USFSP Kate Tiedemann College of Business building

Project: USFSP Kate Tiedemann College of Business building

From the green benches of  "God's Waiting Room" to the green and gold of the USF Bulls, USF St.Petersburg (USFSP) seems poised to expand it's role on downtown. Over the past few years there has been a lot of change on the small bay front campus including the addition of on-campus housing, a newly constructed student center, and the creation of new campus green space.

But don't expect the projects to stop there. If newly hired Chancellor Sophia Wisniewska has her way USFSP could double its enrollment to 10,000 students by 2024.

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Project Update: The Arlington

Project Update: The Arlington

Quick update on The Arlington where construction is progressing smoothly. The first phase, which consists of 12 of 34 town homes in the development, is currently underway and plumbing being installed now. In the next few weeks the foundations should begin being poured. Completion of phase 1 is expected in April or May of 2015.

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PROJECT UPDATE: Rowland Place

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From the Rowland Place's Facebook: 

It starts with a great foundation!

Rowland Place's first concrete pour creating its solid foundation was completed last week. Now, it’s only "up" from here!

One thousand five (1,005) square yards of concrete make up the foundation at Rowland Place. The Rowland Place construction team worked 14 hours straight and the results are “rock solid.” Stay tuned to watch Rowland Place develop into the newest in Luxury Urban Living!

Rowland Place is a six story, 20 unit currently under construction near Beach Drive. Its units will sell for between $500,000 and $800,000. It is being developed by JMC Communities.

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For more information on Rowland Place visit their website.

To view more of our articles written about Rowland Place, click here.