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’s newest residential community will bring a bit of northeast charm to the Sunshine City. The Brownstones St Petersburg will pay homage to an architectural style found frequently in cities such as Chicago, Boston, and New York City. Located on the corner of 4th Ave N and 1st St N, these new homes will be only one block away from the popular Beach Dr. and at the site of formerly proposed condo project Maranatha by the Bay.
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? 👍👎🤷♂️