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!
If you follow this blog or any local news site you're probably very aware of the building boom going on in Downtown St.Pete. From apartments to condos to hotels and office there's a very strong wave of new development that is transforming downtown. Adding to the building boom is a new project: The Towns on Fifth. Located just one block from Beach Drive at 145 5th Ave NE, the Towns on Fifth is a development of 8 luxury town homes. Each unit will feature 3 floors with a rooftop terrace and a two car garage that opens to a private central driveway.
Chai Mixology, boba tea and poke bowls, is NOW OPEN at 1106 Central Avenue (formerly Milagros Soap Company) in the EDGE District! 🍵🍣😄 Cool off from the Florida heat with boba tea! Options include tapioca boba, popping boba, or jelly, and a selection of 15 different flavors. 🙌😋 Ask for sugar-free or vegan boba! And for poke, protein options are salmon (regular or spicy), ahi tuna (regular or spicy), or chicken. If you're in the area, check them out! Hours are 11am-6pm 🥳☀️
Art Fusion Galleries, a contemporary art gallery, is NOW OPEN at 106 Central Avenue, in the building that also houses The James Museum of Western & Wildlife Art. 🎨👨🎨 The goal of the gallery is to provide opportunity for emerging to mid-career artists from around the globe to exhibit, promote, and enter the discerning art market. 😊🖌️ Art Fusion Galleries has one other outpost in Miami's Wynwood District. 😎☀️ 📸: Lindsey Porter's Picture St. Pete
Icon Central is NOW OPEN at 855 Central Avenue in Downtown St Pete! 🙌😁 Move-ins began a few weeks ago at St. Petersburg's newest luxury apartment community, featuring 368 units across 15 floors. 🏢🤩 The building is currently over 15% leased and will continue to fill up over the next 18 months.
Amenities include an expansive ground-floor pool deck, indoor fitness center, an eighth level rooftop terrace, and more. 🏊♂️🏋️♂️🍻 The project also has over 38,000 square feet of ground retail space, however no tenants have been announced yet. We'll be sure to let you know who's moving in once we find out! 😉