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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After nearly three years in the EDGE District, The Sourdough Co. is preparing to relocate to one of downtown St. Pete’s most recognizable historic buildings.
The bakery and café will move from 1113 Central Avenue to the former Union Trust bank building at 895 Central Avenue.
The 1926 building has remained vacant since its last bank tenant left in 1996.
The Sourdough Co. will occupy nearly 11,000 square feet across the building’s ground floor, mezzanine, and basement.
Owner Ariana Duksa announced the move on social media Monday.
“From baking inside our home to filling a historic building in the heart of St. Pete… we can hardly believe we get to say that,” Duksa wrote. “Thank you to every person who has ever purchased a loaf, pastry, coffee or meal from us. From a cottage bakery, to our first storefront, to this beautiful historic bank.”
Before opening its first storefront in 2023, The Sourdough Co. operated as a cottage bakery out of Duksa’s Seminole home.