Four-story boutique hotel planned for Pass-a-Grille in St. Pete Beach
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A new boutique hotel has been proposed for a waterfront property on Pass-a-Grille in St. Pete Beach.
Local developer DevMar Development, which has built several projects in St. Pete, is seeking site plan approval from the City of St. Pete Beach to construct a four-story, 17-unit hotel called Helios at 702 Pass-a-Grille Way.
The 0.35-acre property is currently home to a small one-bedroom short-term rental, which would be demolished to make way for the new development.
All 17 units will feature two bedrooms and range from 909 to 1,112 square feet, more than twice the size of a typical hotel room.
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The City of St. Petersburg has closed a $6.4 million land sale for The Central, a planned $200 million mixed-use development in the EDGE District, completing a property transfer that had held up construction for months.
The deal was signed on Election Day, November 3rd, the same day Charlie Crist defeated Mayor Ken Welch, transferring portions of the former police headquarters property at 1300 1st Avenue North to entities affiliated with Ellison Development.
The closing clears the way for continued work on the 2.1-acre development, which will include Class A offices, a Marriott Autograph Collection hotel, retail space, 42 workforce apartments, and public gathering spaces.
“This is a big day for The Central and for the EDGE District,” Casey Ellison, president and CEO of Ellison Development, said in a press release. “The excitement surrounding this project has continued to grow, and this milestone brings us one step closer to delivering a destination that will create new opportunities and fresh energy to the neighborhood.”
For nearby businesses and residents, the most visible progress so far has been the 531-space public parking garage, which opened in June 2025 across from Ferg’s Sports Bar.
The sale excludes 400 parking spaces spread across five floors of the garage, matching the number of public spaces promised when the redevelopment proposal was selected in 2019.