$121 million construction loan secured for 39-acre waterfront apartment project off Gandy Boulevard

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$121 million construction loan secured for 39-acre waterfront apartment project off Gandy Boulevard

Miami-based Key International has secured a $121 million construction loan for Amara Bay Residences & Marina, a 39-acre waterfront mixed-use community rising at 12000 Gandy Boulevard in north St. Pete.

Led by ABANCA USA, a financial group headquartered in Spain, the loan will fund the ongoing construction of the project, which will include 415 luxury apartments, an 8,000-square-foot restaurant, a 150-slip marina, and a host of resort-style amenities.

“Securing this construction financing marks a significant milestone for the transformative development of Amara Bay,” said Michael Vassilaros, Chief Investment Officer at Key International. “Our vision is to create one of the most sought-after multifamily communities in the country, furthering our legacy of developing distinctive destinations around the world.”

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Beloved St. Pete dive bar Dead Bob’s to debut larger west side location in coming weeks

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Beloved St. Pete dive bar Dead Bob’s to debut larger west side location in coming weeks

Dead Bob’s, the beloved neighborhood dive bar and restaurant known for its affordable, yet delicious pub fare, is preparing to open the doors to its new location in west St. Pete.

After more than a decade at 6716 Central Avenue, the popular hangout is putting the finishing touches on its new home at 6475 Central Avenue, just a half-mile away in the former Kay’s Family Restaurant building.

The grand opening is expected by the end of October or early November.

“We’re really excited and proud of how this place turned out,” said Ben Scherlis, owner of Dead Bob’s, in a conversation with St. Pete Rising. “It’s better than I thought it would be. We’ve doubled our seating, tripled our kitchen size, and finally have our own parking lot.”

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Iconic Tampa Bay restaurant Datz has closed in downtown St. Pete

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Iconic Tampa Bay restaurant Datz has closed in downtown St. Pete

Datz in downtown St. Pete has permanently closed, marking the end of what was once one of Tampa Bay’s most popular restaurants.

Earlier yesterday morning, a message was taped to the restaurant’s door:

“An ending to an era! It’s been a great and memorable journey throughout the years. Unfortunately, we have finished our final chapter in our Datz story.”

The message continued, “It’s been a privilege and our pleasure throughout the years! Be well and until we meet again. Stay Datzy!”

The note did not provide a reason for the closure, and a call to the owners, Suzanne and Roger Perry, was not returned.

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Celebrity Chef Geoffrey Zakarian to open new restaurant at The Central in downtown St. Pete

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Celebrity Chef Geoffrey Zakarian to open new restaurant at The Central in downtown St. Pete

Internationally recognized chef and TV personality Geoffrey Zakarian will introduce a new restaurant concept at The Central, a new mixed-use development under construction in St. Petersburg’s EDGE District.

Zakarian, known for his modern American cuisine, more than 25 years of leading top kitchens across the country, and appearances on competitive cooking shows, announced on Tuesday the flagship restaurant will be located in the 168-room Central Hotel within the 2.1-acre development at 1301 Central Avenue. The Central Hotel will be part of Marriott’s Autograph Collection.

“St. Petersburg is a city brimming with energy and creativity, and we are thrilled to create a dining experience that captures that spirit,” Zakarian said in a statement.

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Publix plans bigger store at Gateway Market Center on 9th Street North in St. Pete

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Publix plans bigger store at Gateway Market Center on 9th Street North in St. Pete

One of St. Petersburg’s largest shopping centers is preparing for a major upgrade.

Gateway Market Center, located six miles north of downtown at 7751-8229 9th Street North, will soon break ground on a new Publix supermarket as part of a broader redevelopment effort led by InvenTrust Properties Inc.

The Illinois-based real estate investment trust, which owns and manages open-air shopping centers nationwide, plans to demolish the 60,450-square-foot Bealls, which recently closed, and replace it with a new 54,964-square-foot Publix, according to plans obtained by St. Pete Rising.

The store will be built adjacent to the existing 37,888-square-foot Publix, which has anchored the site for more than two decades.

The current Publix is expected to stay open during construction to avoid disrupting service, with operations likely shifting to the larger store once it is complete.

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$33 million Tierra Verde Marina redevelopment revised, residents remain opposed

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$33 million Tierra Verde Marina redevelopment revised, residents remain opposed

A developer has revised its plans to redevelop a prominent seven-acre property on Tierra Verde, but many residents believe the project is still not in the city’s best interest.

Tampa-based Greenleaf Capital, the real estate division of HCI Group Inc., is seeking approval from the City of St. Petersburg to transform the Tierra Verde Marina at 100 Pinellas Bayway South into a modern boat club with expanded amenities.

The goal, according to the developer, is to revitalize the island’s waterfront entryway.

The marina currently has 64 wet slips, 314 high-and-dry racks within a 58,000-square-foot storage complex, a 24,000-square-foot shopping center, and a gas station.

The $32.7 million redevelopment calls for demolishing the retail plaza and marina facilities to make way for a larger storage facility and private boat club with a restaurant, bar, and pool.

Greenleaf Capital acquired the site in 2011 for $5 million, three years after 28 acres of Tierra Verde, including the marina, were annexed by St. Petersburg.

The company is also seeking a 15-foot height bonus to build a nine-story, 90-foot-tall storage facility.

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Two-story retail building planned for former gas station site in the Grand Central District

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Two-story retail building planned for former gas station site in the Grand Central District

A Citgo gas station on the corner of Central Avenue and 28th Street is set to be redeveloped into a new retail destination.

Clearwater-based general contractor Build America Luxury Homes has submitted plans to demolish the 1957-built station and replace it with a two-story, 13,500-square-foot retail building at 2801 Central Avenue, next to Cheeky’s Fish & Raw Bar.

“We are experienced in taking old, rundown, or neglected places and turning them into community assets,” said Qemal Hasanbelli, owner of Build America Luxury Homes and BA Construction, in a conversation with St. Pete Rising.

Hasanbelli purchased the 0.22-acre lot in December 2023 for $1.75 million.

Designed by Oldsmar-based ArchEvoke Studio LLC, the building would accommodate multiple retailers and restaurants, bringing new business opportunities to this stretch of the Grand Central District.

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2,084-unit Sky Town begins vertical construction on first apartments in St. Pete

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2,084-unit Sky Town begins vertical construction on first apartments in St. Pete

Vertical construction has commenced on the first phase of apartments at Sky Town, a planned $800 million mixed-use development at 3201 34th Street South in the Skyway Marina District.

The 34.3-acre site, once home to the Ceridian office campus, is being redeveloped in six phases to include 2,084 apartments, 69,000 square feet of retail anchored by a 23,000-square-foot Sprouts Farmers Market, and 120,000 square feet of self-storage.

It is the largest project currently in development in St. Pete, based on acreage and number of units.

The Sprouts Farmers Market, now nearing completion, sits along the east side of the property and will serve as the gateway to the future redevelopment. A 4,500-square-foot retail outparcel fronting 34th Street South is also under construction.

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Three new restaurants, including St. Pete’s first Huey Magoo’s, coming to Skyway Marina District

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Three new restaurants, including St. Pete’s first Huey Magoo’s, coming to Skyway Marina District

The Skyway Marina District’s 34th Street South corridor in St. Pete is about to welcome more dining options.

National restaurant franchise Huey Magoo’s, Jersey Mike’s Subs, and Smoothie King are coming to a new 5,900-square-foot building that will be built at 4311 34th Street South.

Prominent developer Jack Dougherty of Allied Group Holdings, who has led multiple commercial and residential projects in the district, broke ground on the new commercial building in mid-August on a vacant 1-acre outparcel.

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Corey Landing condo development moves forward with scaled-back design in St. Pete Beach

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Corey Landing condo development moves forward with scaled-back design in St. Pete Beach

St. Pete Beach’s waterfront could be on track for a major transformation, as the long-anticipated Corey Landing project continued to move through the review process at a Technical Review Committee (TRC) meeting last Wednesday.

The slightly revised proposal for the east end of Corey Avenue reflects reduced density compared to the plans Kolter Urban submitted in February, blending luxury condominiums with retail, dining, and public spaces designed to reconnect residents and visitors with Boca Ciega Bay.

Kolter’s latest plan calls for 132 condominiums across two eight-story buildings, 11,600 square feet of retail and restaurant space, and a 39-slip marina.

An earlier iteration of the project contained 162 condos.

The condos will feature layouts ranging from two-bedroom, two-bathroom units at 1,718 square feet to three-bedroom residences topping 2,400 square feet. Each unit will include an outdoor terrace overlooking the bay.

Community amenities include a rooftop pool and pickleball courts.

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