Seven-story Frontier building set for major transformation in downtown St. Pete

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Seven-story Frontier building set for major transformation in downtown St. Pete

After sitting underutilized for years, the windowless Frontier building at 821 1st Avenue North is finally set to see new life.

Plans have been filed with the City of St. Petersburg to redevelop the seven-story, 233,590-square-foot office and data center, which is partially leased by Frontier Communications. The proposed redevelopment includes 41,333 square feet of ground-floor retail space, 137,663 square feet of self-storage, and 54,594 square feet of office space.

Originally constructed in 1928 by the General Telephone Company of Florida, the building was expanded in 1967 and 1970. It remains a key part of St. Petersburg's internet infrastructure, housing extensive fiber optic cable, switch rooms, frame rooms, and generators as large as jet engines.

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New renderings reveal Foot Locker’s $20 million global HQ in north St. Pete

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New renderings reveal Foot Locker’s $20 million global HQ in north St. Pete

New renderings obtained by St. Pete Rising provide a first look at the planned buildout of Foot Locker’s new global headquarters in north St. Petersburg.

The company, previously based in New York City, signed a 110,998-square-foot lease in March to relocate its operations to 570 Carillon Parkway in the Carillon Business Park.

Foot Locker will occupy the first, third, and fourth floors of the five-story office building. The space was previously leased by Protect My Car and Tata Consulting Services.

The buildout of the office space is expected to cost $10.7 million, according to a permit application submitted to the City of St. Pete. An additional $14 million will be spent on furniture, fixtures, and equipment.

The new headquarters will be surrounded by major employers such as Raymond James Financial, Jabil, and Franklin Templeton.

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50-story Waldorf Astoria Residences in downtown St. Pete launch sales starting at $2.5 million

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50-story Waldorf Astoria Residences in downtown St. Pete launch sales starting at $2.5 million

Sales have launched for the Waldorf Astoria Residences in downtown St. Petersburg, a project that will become the city’s tallest tower and its first hotel-branded luxury condominium.

The 50-story, 539-foot-tall tower planned for 150 2nd Avenue South will include 163 condominiums, 73,000 square feet of Class A office space, 10,000 square feet of ground-floor retail, and an extensive collection of high-end residential amenities.

Pricing for the luxury condominiums start at $2.5 million.

The $500 million tower, which will be managed by Hilton, is being co-developed by Miami-based Property Markets Group and St. Petersburg-based Feldman Equities, who own the adjacent City Center office building. Vancouver-based City Office REIT and Orlando-based Tower Realty Partners are also involved. Smith & Associates Real Estate is overseeing the sales.

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City considers demolishing Rowdies' Al Lang Stadium for envisioned waterfront redevelopment

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City considers demolishing Rowdies' Al Lang Stadium for envisioned waterfront redevelopment

The City of St. Petersburg is exploring the possibility of demolishing Al Lang Stadium—home of the professional soccer team Tampa Bay Rowdies—and replacing it with an amphitheater and a highly activated waterfront park.

On Thursday morning, the St. Petersburg Economic and Workforce Development Committee reviewed initial plans and conceptual renderings for the proposed Center for the Arts District.

The district, located just south of the St. Pete Pier, would stretch from 1st Avenue South to 5th Avenue South and include the Mahaffey Theater, Salvador Dalí Museum, Al Lang Stadium, and the site of the Saturday Morning Market.

Architecture firm ASD | SKY presented the conceptual designs, which reflect a long-term vision for the area. Key components include expanded green space near the Dalí Museum and Mahaffey Theater, a new parking garage with at least 1,100 spaces, a 60,000-square-foot conference center, and 35,000 square feet of new retail space, among other features.

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Derby Lane sold to new owners who may redevelop the 130-acre property

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Derby Lane sold to new owners who may redevelop the 130-acre property

Spanning 130 acres along Gandy Boulevard, the shuttered Derby Lane greyhound racetrack has a new owner. The St. Pete Kennel Club Inc., which owns the property, has merged with Connecticut-based Rally Acquisition Co.

“The goal is to develop the 130-acre site in a way that benefits the community, while continuing the strong performance of the club’s gaming operations,” said Scott Esterbrook, an attorney representing Rally Acquisition, in an interview with the Tampa Bay Times, which first reported the news.

While specific redevelopment plans for the site at 10490 Gandy Boulevard North have not been disclosed, the new ownership recently secured a $58.25 million loan from Broadway Agency Services LLC.

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