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.

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.

January 14, 2015

Project: Quattro Beach Drive

January 14, 2015/ Anthony Close

Just 400 steps from Beach Drive is a new project named Quattro Beach Drive. Quattro, meaning four in Italian, is a development of 4 two-story town homes located in the Old Northeast neighborhood but within walking distance to Downtown St.Pete. Each town home will be around 3300 square feet and will feature a private courtyard separating the main home from the guest house.

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.

December 04, 2014

Project: Central & 16th Redevelopment

December 04, 2014/ Anthony Close

On the western edge of Downtown St. Petersburg lies the appropriately named Edge District, a Florida Main Street Community of shopping, dining, and living. If you haven't explored the Edge District you're missing out, they have a ton of restaurants and cool antique shops. This area has been booming and has become a unique destination.

November 24, 2014

Project: ONE St. Petersburg

November 24, 2014/ Anthony Close

I'm a little late with this post but nonetheless I'm very excited to tell you about ONE St.Petersburg, a huge new project in the heart of downtown. ONE St.Petersburg will be a 41 story, 253 unit condo tower complemented by a garage and retail base along with a second tower featuring 174 hotel rooms.

The Kolter Group is developing this $120 million project that will likely become St.Petersburg's tallest building.

October 22, 2014

Project: USFSP Kate Tiedemann College of Business building

October 22, 2014/ Anthony Close

From the green benches of "God's Waiting Room" to the green and gold of the USF Bulls, USF St.Petersburg (USFSP) seems poised to expand it's role on downtown. Over the past few years there has been a lot of change on the small bay front campus including the addition of on-campus housing, a newly constructed student center, and the creation of new campus green space.

But don't expect the projects to stop there. If newly hired Chancellor Sophia Wisniewska has her way USFSP could double its enrollment to 10,000 students by 2024.

August 14, 2014

Sundial Releases Tenant Lineup

August 14, 2014/ Anthony Close

Last week Sundial released its tenant lineup and announced it was 90% leased. I've given the store lineup a few days to sink in and I must say that while I'm not taken aback by the stores, I am impressed. In today's retail market it takes a lot for a brand to risk opening a store, let alone in a previously failed downtown retail center.

While there isn't a famed J.Crew or an Apple store, what we got is a very diverse mix of national and local retailers, which I think is great.

August 13, 2014

St.Pete "Pocket Projects"

August 13, 2014/ Anthony Close

Pocket parks are small parks that are accessible to the public, but they are usually very tiny in comparison to larger parks (think Central Park). However, despite their size, they can create a network of green space to help enhance neighborhoods and communities. I see smaller real estate developments the same way. These so-called "pocket projects" can enhance urban corridors and revitalize neighborhoods. Because many pocket projects lack the size and scale of larger developments they usually receive less publicity, but I think they are just as important. While there's no definition of what makes a development a "pocket project" I'm going to share a few local developments I would consider pocket projects that you may not have heard about.

July 10, 2014

Project: Arlington Townhomes

July 10, 2014/ Anthony Close

The Arlington
Stories: 4
Units: 34 townhomes

A new townhome project in Downtown St.Petersburg is under development a few blocks west of Mirror Lake. This 34-unit development will feature homes between 1,700-2,100 square feet. Looking at the renders it appears that each townhome will be 3 stories with a 4th floor terrace, some of which will offer striking skyline views. This project will be a great addition to downtown.

A statement from The Arlington St.Pete website:

We are excited to announce that The Arlington St Pete is coming soon to Downtown St Petersburg! Located at 8th Street North and Arlington Avenue North the urban contemporary community will offer thirty-four townhomes ranging in size from 1,700 to 2,100 square feet.