St. Pete approves purchase of three-acre property along Salt Creek for new park

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St. Pete approves purchase of three-acre property along Salt Creek for new park

Nearly three acres of vacant property along Salt Creek may become a lush park space with landscaping, public art, and educational components.

During a Committee of the Whole meeting held on January 23rd, committee members unanimously approved moving forward on pursuing the acquisition of a property located on 4th Street South between 17th Avenue South and 18th Avenue South.

The property comprises 1.7 acres zoned Corridor Commercial Traditional (CCT-1) fronting on 4th Street South and 1.26 acres zoned Neighborhood Suburban Multi-Family (NSM-1).

The city is seeking to purchase the property at or below the asking price of $2.9 million.

The property was appraised in July 2024 with an estimated market value of $2.88 million.

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Aerial St. Pete: The Sunshine City continues to rise as major projects progress

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Aerial St. Pete: The Sunshine City continues to rise as major projects progress

The latest edition of Aerial St. Pete shows the progress of six major real estate projects currently under construction in St. Petersburg.

Aerial St. Pete is a column by St. Pete Rising which features exclusive aerial photography of projects under construction in St. Petersburg, FL. To accomplish this, we have teamed up with AB3 Visuals who captured these photos in December.

In the article, we show the construction progress for projects including Residences at 400 Central, Art House, 3rd & 3rd, Echelon Site 7 & 8, Institute Square, and Marina Club Apartments.

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St. Petersburg YMCA sells land set to be developed into a retail village and residential community

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St. Petersburg YMCA sells land set to be developed into a retail village and residential community

The YMCA of Greater St. Petersburg has sold a portion of its property in St. Pete’s Grand Central District to a group of developers planning to build a new pedestrian-only retail village and residential complex.

Last Thursday, GS Blake Owner, LLC, an entity connected to national multifamily developer Greystar Real Estate Partners, purchased 4.5 acres on the east side of the Jim & Heather Gills YMCA at 3200 1st Avenue South for $12 million.

Proceeds from the sale will go towards renovating the 25-year-old, 55,000-square-foot YMCA facility, which is located on the west side of the property. Upgrades will include relocated athletic fields with artificial turf and lighting, expanded parking including access to a covered parking garage, and updated locker rooms.

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Home of the Week: A 1914-built historic inn nestled in the Old Northeast

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Home of the Week: A 1914-built historic inn nestled in the Old Northeast

This week’s featured home is a former historic inn located at 635 Bay Street Northeast in the heart of St. Petersburg’s Old Northeast neighborhood, just a block from Downtown St. Pete and The Vinoy. Built in 1914, this home blends Prairie and Craftsman architectural styles and is listed for $3,200,000.

Originally known as the Boyce Guest House, this home has a rich history of providing comfort to visitors. Recognized as a Historic Landmark in 1997, it continues to be a treasured part of the city’s architectural heritage.

The main house spans 3,946 square feet, featuring six bedrooms, each with a private bath. A 1,330-square-foot carriage house adds three efficiency suites, ideal for guests, live-in accommodations, or rental income.

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46-story 400 Central condo tower tops out in downtown St. Pete

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46-story 400 Central condo tower tops out in downtown St. Pete

Topping out at 515 feet tall, the roof of the 46-story Residences at 400 Central condominium tower has been poured — marking the completion of vertical construction for the tallest residential building on Florida's Gulf Coast.

New York billionaire John Catsimatidis Sr., founder of development company Red Apple Group, alongside select media members, met at the site on Saturday morning for an exclusive view from atop the tower being constructed at 400 Central Avenue in downtown St. Pete.

Crews from Suffolk Construction are actively building out the Sky Lounge and Observatory on the 46th floor of the tower, which Catsimatidis Sr. refers to as the “Empire State Building of St. Pete.”

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