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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The first of two vessels that will launch the new Tampa Bay Ferry service arrived in Pinellas County on Monday, bringing the return of ferry service between downtown St. Pete and Tampa another step closer to reality.
The arrival comes as the Pinellas Suncoast Transit Authority (PSTA) has secured a $16.5 million federal grant to build a new 249-passenger vessel for the service, which is expected to launch later this year.
The 250-passenger Bay Breeze arrived at Tarpon Marine Service in Tarpon Springs on Monday and will now undergo inspections and refurbishment for passenger service.
A second vessel, the 149-passenger Bay Clipper, formerly known as the San Juan Clipper, is expected to arrive in Pinellas County within the next few weeks and will be refurbished at the same facility.