Orlando Health completes Institute Square, a new medical campus next to Bayfront Hospital in downtown St. Pete
/Orlando Health has completed construction on Institute Square, a new medical campus just north of its 480-bed Bayfront Hospital in downtown St. Petersburg’s Innovation District.
The development spans an entire city block bounded by 5th Avenue South, 6th Avenue South, 7th Street South, and 8th Street South.
It includes a four-story Orlando Health Medical Pavilion, a three-story Orlando Health Women’s Pavilion, and a five-story, 817-space parking garage that also houses an imaging center and a wound care center.
Hospital leaders are expected to formally mark the opening with a ribbon-cutting ceremony on February 12th.
Construction on the project began in late 2023, led by Turner Construction Company. Orlando-based construction firm Finfrock built the parking garage.
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Contrary to recent reports, Jannus Live, the iconic open-air concert venue in downtown St. Petersburg, is not for sale and will continue operating, according to the property's owner.
The confusion began when a two-story, 10,500-square-foot commercial building at 200 1st Avenue North, immediately north of the courtyard music venue, was listed for sale for $11.5 million.
Although the two properties share a longstanding connection, they have separate owners.
The building listed for sale is owned by The Jannus Landing Retail Building, LLC, associated with local businessman Jeff Knight, while the courtyard concert venue is owned by St. Pete Jannus, LLC, led by Tony Amico.
"Jannus music venue is not for sale and will continue to operate," Amico said in a conversation with St. Pete Rising. “There may be a short pause due to a change of operators, but the music will continue.”
The distinction comes after several local publications reported that Jannus Live was being sold, raising concerns about the future of the courtyard that has hosted concerts in downtown St. Pete since 1984.