February 27, 2016

801 Conway Residences Destined for Downtown St. Pete

February 27, 2016/ Brian Zucker

The residential boom in Downtown St. Petersburg is showing no signs of slowing down. One more project will add to the 2,000+ residential units that are either under construction or proposed for the downtown area. This summer, construction will begin on 801 Conway, a new 35-unit townhome community located on the corner of Burlington Street and 8th Street North, just four blocks from the bustling Central Avenue. Each residence will range from around 1,300 to 2,200 square feet.

January 05, 2016

9-Story Apartments to Break Ground in Downtown St. Pete This Month

January 05, 2016/ Anthony Close

Yesterday, St. Pete Rising broke the news of a proposal for a 22-story luxury apartment tower at the former Onyx nightclub site in Downtown St. Pete. Today, directly west of that block, there is another proposal for a 9-story luxury rental building being developed by The NRP Group.

The NRP Group is no stranger to Downtown St. Pete. They also developed Beacon 430, which is one block south of this project. In September 2015, Beacon 430 sold for $84.5 million — which works out to around $259,000 per apartment at the 324-unit property.

July 06, 2015

Authentic Brownstones Coming to Downtown St. Pete

July 06, 2015/ Brian Zucker

Downtown St. Pete’s newest residential community will bring a bit of northeast charm to the Sunshine City. The Brownstones St Petersburg will pay homage to an architectural style found frequently in cities such as Chicago, Boston, and New York City. Located on the corner of 4th Ave N and 1st St N, these new homes will be only one block away from the popular Beach Dr. and at the site of formerly proposed condo project Maranatha by the Bay.

June 02, 2015

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

June 02, 2015/ Anthony Close

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.

March 12, 2015

Feldman Equities is Making Their Mark on Downtown St.Pete

March 12, 2015/ Anthony Close

With the hustle and bustle of Downtown St.Pete's residential real estate market, you may never notice the impact that the boom is having on downtown's office market. Over the past few years Feldman Equities, led by CEO Larry Feldman, and their partners, have been making their mark on Downtown St.Pete's office scene by scooping up underperforming office buildings.

December 23, 2014

Project: Towns on Fifth

December 23, 2014/ Anthony Close

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.