St. Pete reaches preliminary deal to buy CSX rail line running through downtown St. Pete
/A years-long effort to bring a key stretch of the CSX rail corridor in downtown St. Pete into public ownership, including the segment that cuts directly through Ferg’s Sports Bar & Grill, is finally moving forward.
According to an October 15th email from St. Pete Transportation and Parking Management Director Evan Mory, CSX Transportation has accepted a conditional offer from the City of St. Petersburg to acquire nearly a mile of rail right-of-way stretching from Dr. Martin Luther King Jr. Street along 1st Avenue South to 5th Avenue North.
The city plans to create a trail linking the Historic Gas Plant District redevelopment and the Pinellas Trail up to 5th Avenue North, with the longer-term goal of extending it to Booker Creek Park in North Kenwood.
The purchase is expected to cost $7 million, with $1 million coming from the City of St. Pete, $4 million from Mark Ferguson of Ferg’s Sports Bar, and $2 million from Ellison Development.
The offer cannot move forward without City Council approval, which is expected within the next 30 days.
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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.