The Common Thread yarn shop and cafe opens this August in the Warehouse Arts District
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A cozy new yarn shop and coffee shop is weaving its way into the Warehouse Arts District this summer.
The Common Thread is opening this August at 2462 5th Avenue South, in the location that previously housed HaleLife Bakery and Bistro, and before that, The Chelsea coffee shop.
Nicole Potts Hart of KW Commercial represented both O’Brien and the property owner in the lease transaction.
Founder Shannon O’Brien, a longtime crocheter and San Francisco transplant who made St. Pete her permanent home in 2022, had been searching for a local yarn shop in St. Pete.
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Mayor Ken Welch has selected Magellan Housing as the preferred developer for Commerce Park, a 3.03-acre, city-owned site near 22nd Street South and 7th Avenue South across from the Manhattan Casino in south St. Pete.
Magellan, through its local affiliate Deuces Rising, LLC, was one of seven teams that responded to the city’s April request for proposals.
Its plan, called The Deuces at Commerce Park, includes an eight-story, 120-unit affordable apartment building, about 6,000 square feet of retail space along 22nd Street South, and six for-sale townhomes in a second phase.
The selection gives the Texas-based affordable-housing developer the opportunity to negotiate a deal with the city. Any final agreement must return to City Council for a separate vote, and the council is not likely to approve an agreement before November’s mayoral election.
All 120 apartments would be income-restricted, meaning residents would have to meet income limits to qualify. The proposal calls for 24 apartments reserved for households earning up to 30% of the area median income, 60 for households earning up to 60% of AMI, and 36 for households earning up to 80% of AMI.