Done Deals: $182M loan secured for condo tower, 8-story hotel coming to Madeira Beach, St. Pete estate sells for over $9M

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Done Deals: $182M loan secured for condo tower, 8-story hotel coming to Madeira Beach, St. Pete estate sells for over $9M

Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.

Have real estate news to share? Send us an email at hello@stpeterising.com.

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Done Deals: Art House eclipses $200m in sales, Developer buys land for affordable housing, St. Pete apartments sell

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Done Deals: Art House eclipses $200m in sales, Developer buys land for affordable housing, St. Pete apartments sell

Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.

Have real estate news to share? Send us an email at hello@stpeterising.com.

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Development Review Commission approves 11-story Mirror Lake condo tower 

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Development Review Commission approves 11-story Mirror Lake condo tower 

A new version of a scaled-back Mirror Lake condominium tower is moving forward. 

During a Wednesday, March 3rd St. Petersburg Development Review Commission meeting, officials unanimously approved Skyward Living's plans to build Lake House, an 11-story upscale condo building at 200 Mirror Lake Drive North. 

The applicant St. Pete-based Skyward Living, which is helmed by St. Pete local developer Hudson Harr, must meet more than 20 different conditions for the project. 

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36-unit condo building coming to 3rd Street in downtown St. Pete

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36-unit condo building coming to 3rd Street in downtown St. Pete

Local real estate firm NJR Investment and Development Company has revised plans for its latest St. Pete project - more than doubling the number of residential units. 

The team has filed plans for Aerie on 3rd, a 36-unit condo building that will rise at 357 3rd Street South, across from Camden Pier District.

NJR previously planned to build a 15-unit townhome community dubbed Claridge Lane Townhomes on the 0.34-acre lot. 

“We think the market can support a condo project with 36 units in a five-story building,” CEO Neil J. Rauenhorst said to St. Pete Rising. “We see continued strong demand for condos in several downtown high-profile buildings.”

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Philanthropist Kiran Patel proposes luxury beachfront condo building in Indian Rocks Beach

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Philanthropist Kiran Patel proposes luxury beachfront condo building in Indian Rocks Beach

A new eight-unit luxury condominium building is set to break ground this summer in Indian Rocks Beach. 

The boutique Sai Ocean Front Residences will rise at 404 Gulf Boulevard, the site of the former 45-key Gulf Towers Motel across from The Original Crabby Bill’s seafood restaurant.  

Tampa philanthropist and real estate investor Dr. Kiran Patel, most notably known for selling WellCare for $200 million in 2002, is developing the project. 

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