Nearly $100 million invested as developer continues buying spree along Salt Creek in south St. Pete
/Clearwater-based real estate firm Prometheus Partners has acquired another property along Salt Creek, pushing its total investment in the area to nearly $100 million over the past year and a half.
Prometheus purchased a 4.63-acre property at 263 13th Avenue South for $28.215 million from Bayboro Partners LTD on December 31st.
The site is home to Bayboro Station, an 80,991-square-foot, three-story office building originally constructed in 1924 as one of St. Petersburg’s first power plants, and an adjacent surface parking lot.
Today, the building houses several tenants, including Pinstripe Marketing, Carbon Design & Architecture, and the Southeast regional headquarters of the National Oceanic and Atmospheric Administration (NOAA) Fisheries.
With this latest purchase, Prometheus has now spent more than $93.8 million acquiring nearly 23 acres in the Salt Creek area, making it one of the largest private landholders in the neighborhood.
Read More


A permanent ferry dock at the St. Pete Pier moved closer to reality Friday, as the Pinellas Suncoast Transit Authority celebrated $850,000 in newly secured federal funding for the future Tampa Bay Ferry terminal.
PSTA leaders joined U.S. Rep. Kathy Castor, St. Petersburg Mayor Ken Welch, and representatives from Hubbard’s Marina at the Pier to announce the funding, which will help support a new dock near the St. Petersburg Museum of History.
The permanent facility is planned to include a security gate, ticket booth, and ADA-compliant access. It is expected to accommodate two ferry vessels at once, according to Captain Dylan Hubbard of Hubbard’s Marina.
“This is a key piece in the puzzle,” PSTA CEO Brad Miller said during the event.
The federal funding, secured by Castor through the Fiscal Year 2026 Transportation, Housing and Urban Development appropriations bill, comes as PSTA prepares to relaunch passenger ferry service between downtown St. Pete and Tampa later this year.