Quick update on The Arlington where construction is progressing smoothly. The first phase, which consists of 12 of 34 town homes in the development, is currently underway and plumbing being installed now. In the next few weeks the foundations should begin being poured. Completion of phase 1 is expected in April or May of 2015.
Read MoreLast 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.
The apartment building formerly known as Bayway Aprtments have a new name: Modera Prime 235. This property is being developed by Mill Creek Residential of Dallas, TX and will consist of studios, one bedroom, and two bedroom units.
The development features a parking structure, two rooftop lounges with city views, a pool, and a two story fitness studio.
Read MoreSt. Pete Rising is an online urban development publication covering retail, restaurants, and real estate news in St. Petersburg, FL
