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.
Read More




Pre-leasing is now underway at 3rd & 3rd, a 33-story apartment tower expected to welcome its first residents in mid-December in downtown St. Petersburg.
The 262-unit building is located at 235 3rd Street South across from the Publix-anchored University Village shopping center. Third Lake Partners, along with St. Pete-based developer Echelon, are developing the project.
KAST Construction broke ground on the tower about two years ago.
3rd & 3rd will include one-, two-, three-, and four-bedroom residences, including three four-bedroom penthouses, along with a 330-space parking garage and approximately 15,000 square feet of ground-floor retail space.
One-bedrooms are currently priced from $2,730 to $3,075 a month, while two-bedroom residences start at $4,570 and three-bedroom units start at $8,585.
The development is already 20% reserved, according to Echelon Senior Vice President of Development Cody LeClair.