Developer buys more land on Salt Creek as investment now tops $59 million
/Clearwater-based real estate firm Prometheus Partners has once again expanded its portfolio along Salt Creek in St. Pete.
The company, which has now spent $59 million acquiring over 15 acres in recent years, quietly acquired two more industrial properties just south of downtown as part of its ongoing effort to assemble a large swath of contiguous land in the Old Southeast neighborhood.
According to property records, Prometheus purchased the 3.4-acre site at 333 16th Avenue South, the 57,000-square-foot former home of Captain’s Fine Foods, for $7.5 million on Monday.
Last Tuesday, the company acquired the 0.48-acre property at 205 15th Avenue Southeast for $2 million. The site includes a 7,000-square-foot warehouse currently occupied by Universal Stenciling and Marking Systems.
Both sites are zoned IC (Institutional Center), which is intended for public and semi-public uses such as hospitals, universities, utilities, and government facilities.
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A Japanese mini truck is being transformed into a mobile café that will soon serve specialty coffee around St. Pete.
Evangeline’s Cafe is expected to debut later this summer, serving espresso drinks, matcha, chai, and more from the bed of a converted kei truck.
Owner Evangeline Fox plans to take the mobile café to local markets, concerts, art shows, and other events throughout St. Pete.
Fox, 25, moved from Maryland in 2019 to attend Eckerd College. While studying there, she became immersed in the local hospitality scene and developed an appreciation for the city’s independent coffee shops.
That sense of community is what eventually pushed her to start a café of her own.
“My friends and I would go to local coffee shops all the time, and I just saw how naturally a community could form around something as simple as a cup of coffee,” Fox said in a conversation with St. Pete Rising. “For me, it’s all about how coffee can connect people.”