Inside Blake Investment Group's $260 million cash offer for the Tropicana Field site
/After decades of debate and negotiations for the redevelopment of the Gas Plant District and securing the future home of the Rays, the deal with the team is no longer on the table, but one local developer is ready to sign a big check to make the long-awaited grand vision a reality.
Investor Thompson Whitney Blake, CEO of private equity firm Blake Investment Partners, is offering the City of St. Petersburg $260 million in an all-cash deal to buy the Gas Plant District following the Tampa Bay Rays' abrupt announcement of abandoning the $1.3 billion stadium agreement.
"My entire strategy is to get public support for a sale of the property and let the private market fix this 86-acre parking lot problem. I don't want to wait any longer," Blake said in a conversation with St. Pete Rising.
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Madeira Beach’s longtime grocery store is reopening this week in a new format.
Aldi will debut this Thursday, September 24th, at 15200 Municipal Drive in Carter Plaza, across from Archibald Beach Park and R.O.C. Park.
The store replaces the former Winn-Dixie, which closed last year after more than 50 years in business. The Municipal Drive store was built in 1975 and had operated as a Winn-Dixie ever since.
Winn-Dixie Liquors will remain open.
To mark the grand opening, the first 200 customers in line Thursday will receive a bag of branded items and a “golden ticket,” an Aldi gift card worth up to $100. Employees will also distribute free Aldi shopping totes throughout the day.
The store will be open daily from 9 a.m. to 8 p.m.