This quarter was packed full of groundbreakings! After over a decade of planning, construction has finally commenced on the new St. Pete pier. Construction crews have started driving piles into Tampa Bay to support the over-water portion of the pier. It will take 6 months to complete the pile driving process, however construction on the pier deck is scheduled to begin as early as October.
In other groundbreaking news, located on Fourth Avenue North between Third and Fourth streets, the Museum of the American Arts of Crafts Movement site was fenced off this quarter for site preparation. The $70 million privately funded museum will occupy 137,000 square feet and stand 5 stories tall. The museum will include a 100-seat auditorium, a resource library, a children's education center, a 300-seat upscale restaurant, a cafe, retail store and event space. The expected opening date is May 2019.
The fourth quarter of 2016 saw an enormous amount of progress on many of Downtown St. Pete's active developments. The demolition of the "cheese grater" building at 400 Central Ave concluded. The Rowdies launched an official campaign to join the MLS, which included an expanded Al Lang Stadium. A new site plan was approved for 801 Central, which now includes a 15 and 7-story apartment building and ground-level retail.
Also, a few projects broke ground including Bainbridge 930 Central Flats, and retail along 1st Ave S that will house an Orangetheory Fitness and a yet-to-be-determined restaurant.
Additionally, AER Apartments and The Hermitage Apartment Homes started leasing, which helped to relieve the extremely low apartment occupancy rates that Downtown St. Pete has grown accustomed to over the past few years.
Looking to the future, we should see the groundbreaking of a few notable projects this coming quarter including The Brownstones, 801 Conway, The District on 9th, and the Museum of the American Arts and Crafts Movement.
Lastly, be sure to check out Downtown St. Pete's first, second, and third quarter development updates of 2016 to see how your favorite projects have progressed!
Downtown St. Pete has experienced an overabundance of construction over the past three months. It's nearly impossible to walk through downtown and not run into a construction site. For starters, the demolition of the "cheese grater" building at 400 Central Ave begun. In the EDGE District, The District on 9th townhouses were announced and the site of Bainbridge 930 Central Flats started to undergo site preparation in anticipation for new apartments and retail. Also, The Chihuly Collection completed their move from Beach Drive to 720 Central Ave. We cannot wait for these projects to be complete, but for now we hope you enjoy this quarter's photo update!
After years of sitting vacant, more details have been announced about the planned museum at 100 Central Ave, the former site of now-defunct Universal Healthcare. Last night Tom James, Executive Chairman of Raymond James Financial, revealed details about his highly anticipated legacy project: the Tom and Mary James Museum of Western and Wildlife Art.
Blue Lotus Condos, a 19-story residential tower, has been proposed to replace Bezu, a long beleaguered project that fought intense resistance earlier this year. 👊💥 Located at 100 4th Avenue North in the heart of Downtown St. Pete. What are your thoughts on this project? 🤔
Valhalla Bakery is now OPEN at 1113 Central Avenue! 🙌😁 Located inside Baum Avenue Market, Valhalla offers cookies, cakes, muffins, cupcakes, tarts, pies, scones, and more. 🍰🍪 Their only other location is in Orlando, where they’ve won Best Bakery TWICE! 🏆 Oh and everything is 100% vegan, but we promise you would’ve never known if we hadn’t told you! 😉 — Full article posted to StPeteRising.com ☀️
BREAKING❗️We've just received info on a new 21-story residential tower proposed for Downtown St. Pete! While not on Central Avenue, this development is situated just a few blocks from the buzz of downtown and the serenity of Mirror Lake. ☀️ What do you guys think of this new project? 👍👎🤷♂️