Cathie Wood's ARK Invest to move headquarters to EDGE District in downtown St. Pete

/
Cathie Wood's ARK Invest to move headquarters to EDGE District in downtown St. Pete

ARK Invest, a leading global investment firm known for its focus on disruptive innovation, will relocate its downtown St. Pete headquarters to the EDGE District.

Tampa-based Ellison Development announced Wednesday that ARK Invest, which is currently headquartered at 200 Central Avenue, will occupy 13,000 square feet on the 11th floor of Halcyon, a new office building expected to break ground later this year at 1301 Central Avenue.

Halcyon represents the first Class A office building constructed in downtown St. Pete since the 1980s.

The 11-story, 130,000-square-foot office building is one of the main components of The Central, a 2.1-acre mixed-use development that will also contain a 168-room Marriott Autograph Collection hotel, 14,000 square feet of retail space, a 42-unit affordable housing community, and a newly opened 540-space parking garage.

Read More

Treasure Island’s iconic Thunderbird Beach Resort could be rebuilt bigger than before

/
Treasure Island’s iconic Thunderbird Beach Resort could be rebuilt bigger than before

After suffering major hurricane damage last year, Treasure Island’s iconic Thunderbird Beach Resort will be completely demolished and rebuilt, potentially larger than before, while preserving its nostalgic charm.

The city’s Planning and Zoning Board unanimously approved a site plan last Thursday for a new four-story resort that will replace the 68-year-old property at 10700 Gulf Boulevard.

As first reported by St. Pete Rising, the rebuild calls for one single U-shaped building to house all 106 hotel rooms—the same number as before—on three levels above a 124-space surface parking lot beneath the structure, along with a 1,750-square-foot lobby and office space.

The resort’s appearance is expected to change significantly, but the Thunderbird name and its historic neon sign will remain.

Read More

29-story condo tower planned for 4th Street South in downtown St. Pete, replacing earlier condotel proposal

/
29-story condo tower planned for 4th Street South in downtown St. Pete, replacing earlier condotel proposal

A Clearwater-based developer is moving forward with revised plans for a high-rise residential tower in downtown St. Pete, significantly altering a previously approved design.

Valor Capital is seeking city approval to amend its original proposal for the Roche Bobois Residences, a project initially envisioned as a 25-story, 152-unit condotel tower.

The development is slated for the northeast corner of 4th Street South and 4th Avenue South, just two block from the Publix-anchored University Village retail plaza.

The revised plan reimagines the project as a 29-story condominium tower with 165 residential units, 4,103 square feet of commercial space, and 103 parking spaces (83 in a parking garage and 20 surface spaces to the west of the tower).

Read More

Five-story resort with waterpark and rooftop bar rejected by St. Pete Beach officials

/
Five-story resort with waterpark and rooftop bar rejected by St. Pete Beach officials

A proposed resort on Gulf Boulevard in St. Pete Beach has encountered another setback after city officials rejected the plan for a second time.

The City Commission unanimously voted last Tuesday to reject a variance, density allocation, and a conditional use permit to construct a 104-unit resort on a vacant 2.76-acre strip of land between the Sand Cove Apartments and Sun Harbor Condos.

The Windward Pass Resort, led by Jack Bodziak of Bodziak/Hayes Architects, would feature a five-story, art deco-inspired building. Amenities include a waterpark with slides and a lazy river, a main pool, a sundeck with a swim-up bar, on-site restaurants, a rooftop bar, a 12-slip boat dock offering paddleboard and kayak rentals, and a 190-space parking garage.

Read More

16-story hotel approved to replace 100-year-old storm-damaged building in downtown St. Pete

/
16-story hotel approved to replace 100-year-old storm-damaged building in downtown St. Pete

An 11-story storm-damaged building in the heart of downtown St. Pete is one step closer to being demolished and redeveloped into a 16-story boutique hotel after receiving its first approval from the city.

St. Pete City Council, meeting as the Community Redevelopment Agency (CRA), found the proposed plan to demolish the 100-year-old building at 300 Central Avenue and construct a 16-story tower with 74 hotel rooms and 4,000 square feet of commercial space consistent with the City’s Intown Redevelopment Plan.

The existing structure, historically known as the Smith Empire Building and called the Coronet 300 since 1966, was constructed in 1924 as a commercial building and later adapted for mixed-use residential purposes in the 1960s. The building is not listed on the Local or National Register of Historic Places.

Local entrepreneur and developer Steve Gianfilippo of Gianco Companies, who purchased the building in 2017, said the vacant structure suffered significant damage from Hurricanes Helene and Milton. Interim repairs will be made to ensure safety while plans for the new hotel are finalized.

Read More

The Vinoy's new signature restaurant Elliott Aster announces May opening date

/
The Vinoy's new signature restaurant Elliott Aster announces May opening date

The Vinoy Resort and Golf Club's highly anticipated new signature restaurant, Elliott Aster, is preparing to welcome guests next week.

The restaurant, located at 501 5th Avenue Northeast inside the historic waterfront resort, is set to open on May 20th.

Elliott Aster replaces Marchand's Bar & Grill, which closed in 2020, and introduces a sophisticated Italian steak and seafood concept developed in collaboration with the Chicago-based Boka Restaurant Group. Leading the culinary team is Michelin-award-winning Chef Lee Wolen, a 2025 James Beard Award semifinalist.

Read More

50-story Waldorf Astoria Residences in downtown St. Pete launch sales starting at $2.5 million

/
50-story Waldorf Astoria Residences in downtown St. Pete launch sales starting at $2.5 million

Sales have launched for the Waldorf Astoria Residences in downtown St. Petersburg, a project that will become the city’s tallest tower and its first hotel-branded luxury condominium.

The 50-story, 539-foot-tall tower planned for 150 2nd Avenue South will include 163 condominiums, 73,000 square feet of Class A office space, 10,000 square feet of ground-floor retail, and an extensive collection of high-end residential amenities.

Pricing for the luxury condominiums start at $2.5 million.

The $500 million tower, which will be managed by Hilton, is being co-developed by Miami-based Property Markets Group and St. Petersburg-based Feldman Equities, who own the adjacent City Center office building. Vancouver-based City Office REIT and Orlando-based Tower Realty Partners are also involved. Smith & Associates Real Estate is overseeing the sales.

Read More

100-year-old storm-damaged building in downtown St. Pete expected to be demolished for boutique hotel

/
100-year-old storm-damaged building in downtown St. Pete expected to be demolished for boutique hotel

After suffering significant damage from last year’s back-to-back hurricanes, a 10-story, 100-year-old building in downtown St. Pete is expected to be demolished and replaced with a boutique hotel.

Local entrepreneur and developer Steve Gianfilippo of Gianco Companies, who purchased the building at 300 Central Avenue in 2017, filed plans on Monday with the City of St. Pete for a 16-story hotel, named The Coronet, which will incorporate mid-century design elements reminiscent of the original structure.

The existing, vacant structure will undergo interim repairs while plans for the new hotel are being drawn up.

“In the seven years that I’ve owned the building, we’ve looked at a few different options,” said Gianfilippo in a conversation with St. Pete Rising. “At first, we considered turning it into fully furnished apartments. But with thousands of new apartments already planned or built recently, we saw a larger opportunity to bring a new boutique hotel to downtown St. Pete.”

Read More

Treasure Island’s iconic Thunderbird Beach Resort to be demolished and rebuilt

/
Treasure Island’s iconic Thunderbird Beach Resort to be demolished and rebuilt

The iconic Thunderbird Beach Resort, a Treasure Island landmark for the past 68 years, is set to be completely demolished and rebuilt after sustaining catastrophic damage caused by last year’s back-to-back hurricanes.

The courtyard-style resort, located at 10700 Gulf Boulevard, was among many properties hit hard by Hurricanes Helene and Milton, which left behind piles of debris and extensive structural damage, forcing the immediate closure of the beloved beachfront destination.

In a social media post on December 9th, the Thunderbird wrote, “We are deeply touched by the outpouring of love from our guests and the community. It means the world to us—and we want to make one thing clear: The Thunderbird Beach Resort is NOT going anywhere.”

Originally built in 1957 as the 64-unit Thunderbird Motel at a cost of $750,000, the resort has long been a staple of the area.

Read More

Downtown favorite Paradeco Coffee Roasters opens stunning new waterfront location in south St. Pete

/
Downtown favorite Paradeco Coffee Roasters opens stunning new waterfront location in south St. Pete

Downtown St. Petersburg’s beloved Paradeco Coffee Roasters is bringing its signature blend of specialty coffee and Art Deco charm to the waterfront with a second location in the Skyway Marina District.

The specialty coffee shop and cafe, which currently operates in the Plaza Tower & Courtyard Shops in downtown St. Pete, has quietly debuted at the newly revamped SkyBeach Resort, located at 6800 Sunshine Skyway Lane South.

The new poolside coffee spot, which features an impressive 3D-printed bar made from renewable and recyclable materials, is one of the latest additions to the 18-acre property, formerly known as the Magnuson Hotel Marina Cove, which recently underwent a significant rebrand and renovation after being purchased.

Impressed by the waterfront setting and extensive renovations at SkyBeach, husband-and-wife duo Thomas Maloney and Sonya Sarkar hope to replicate their downtown success in the resort’s more relaxed, coastal environment.

Read More