Developer behind 46-story 400 Central condo tower to redevelop Mirror Lake property into residential tower

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Developer behind 46-story 400 Central condo tower to redevelop Mirror Lake property into residential tower

After St. Pete Rising announced earlier this week that a prime redevelopment site on Mirror Lake was under contract, the developer behind Florida’s tallest residential tower revealed themselves to be the undisclosed buyer.

New York-based Red Apple Group is reportedly set to purchase the property for $13.2 million by the end of the year.

“As Mr. Catsimatidis alluded to recently, we are under contract to acquire this exciting piece of land near beautiful Mirror Lake in the heart of the Sunshine City’s downtown,” Kevin King, director of Florida operations for Red Apple, said in a statement to St. Pete Rising.

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A missed opportunity: St. Pete commission denies bid to convert historic church to event venue

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A missed opportunity: St. Pete commission denies bid to convert historic church to event venue

Bricks stacked inside the Euclid Methodist Church are crumbling and gaping holes puncture the ceilings, welcoming black mold throughout the walls in the historic church that one local couple is desperate to save and convert into an event venue with a bed & breakfast operation.

“We are entrepreneurs - you see the disrepair and work needed, but we see how this building can be a beautiful destination and serve the community in a new way,” owners Noam and Irene Krasniansky said to St. Pete Rising during a tour of the 100-year-old church at 919 10th Avenue North.

The fenced-off property, which was added to the St. Petersburg Register of Historic Places in 2004, borders the edge of the Euclid-St. Paul neighborhood where commercial businesses dot Dr. MLK Jr. Street and craftsman-style residences line 10th Street North.

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Exclusive: Johns Hopkins All Children's Hospital announces $62 million expansion of its St. Pete campus

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Exclusive: Johns Hopkins All Children's Hospital announces $62 million expansion of its St. Pete campus

Johns Hopkins All Children’s Hospital, which was recently ranked the #1 children’s hospital in Florida, will expand its downtown St. Petersburg campus to further its surgical capabilities to treat complex cases and enhance services.

The hospital has submitted permits to start work on a $62 million project to expand its Emergency Center and its second-floor surgical suite.

The 28,000-square-foot expansion will rise on the northwest corner of the existing emergency center and will extend into the current parking lot at the corner of 5th Avenue South and 6th Street South.

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Done Deals: Group acquires more property on Salt Creek, Trop damage tops $55 million, Pin on Cafe moves next week

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Done Deals: Group acquires more property on Salt Creek, Trop damage tops $55 million, Pin on Cafe moves next week

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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42-story Art House condo tower tops out in downtown St. Pete

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42-story Art House condo tower tops out in downtown St. Pete

Soaring 450 feet, the 42-story Art House condominium tower in downtown St. Pete has now reached vertical completion.

The topping off of Art House marks a key milestone in the construction of the new 244-unit luxury condo tower at 235 1st Avenue South.

South Florida-based developer Kolter Urban, which has developed two other condo projects in downtown St. Pete, the 41-story ONE St. Petersburg and the recently completed 35-story Saltaire, will hold a private celebration on Thursday evening commemorating the construction milestone.

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