| Location | Class | Floors |
|---|---|---|
| 153 2nd Ave N | Retail | 2 |
| Units | Completion | Website |
|---|---|---|
| 18 | November 2014 | Click Here |
Nearly a year after purchasing the Sundial retail and dining center at 153 2nd Avenue North in downtown St. Pete for $21.13 million, St. Petersburg-based Paradise Ventures and Tampa-based Ally Capital Group have unveiled a plan to renovate a portion of the 85,357-square-foot plaza.
Designed by Behar and Peteranecz, a St. Petersburg-based architecture firm, the reimagined Sundial will feature multimillion dollars in improvements intended to revitalize the once upscale retail destination into a modern mixed-use urban destination.
The most significant change will be a complete overhaul and activation of the plaza’s courtyard. Plans call for an updated courtyard with a large outdoor bar and plenty of communal green space for engaging programming and for guests to sit and enjoy food and drink.
Last week Sundial released its tenant lineup and announced it was 90% leased. I've given the store lineup a few days to sink in and I must say that while I'm not taken aback by the stores, I am impressed. In today's retail market it takes a lot for a brand to risk opening a store, let alone in a previously failed downtown retail center.
While there isn't a famed J.Crew or an Apple store, what we got is a very diverse mix of national and local retailers, which I think is great.
One of the biggest mysteries surrounding Sundial St.Pete is whether or not its tenant lineup will create a shopping and dining destination. In its heyday, Baywalk was a booming shopping center with bustling shops and restaurants but controversy sunk the retail complex and brought vacancy rates close to 90%. Sundial St.Pete hopes revive the shopping center and give it new glory. I'm confident that Bill Edwards will bring a strong tenant list to- once again- make the complex a top destination. Recently the Tampa Bay Times revealed that a Marilyn Monroe spa and possibly a Ruth's Chris Steak House will be among the tenants in Sundial. Joining these two tenants are the return of Chico's and White House Black Market.
The future of Downtown St Pete is big and bright. Construction has been rampant so far in 2014. Read more to get the latest construction updates!
St. Pete Rising is an online urban development publication covering retail, restaurants, and real estate news in St. Petersburg, FL
Downtown St. Pete staple Sea Salt, an upscale Venetian-inspired seafood restaurant, will permanently close by the end of the year after nearly a decade in business.
Located at 183 2nd Avenue North in the Sundial shopping plaza, the restaurant will serve its last meal on December 31st, according to an announcement from the owners and husband-and-wife Ingrid Aielli and Chef Fabrizio Aielli.
The owners of Sundial are not wasting any time filling the soon-to-be empty space. In a conversation with St. Pete Rising, a representative from Paradise Ventures hinted that discussions are ongoing with a replacement tenant for the Sea Salt space and stated, “good things are in the works.”
As for Sea Salt, the owners sent out an email to their customers stating, “The past 10 years have been nothing short of amazing.”