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Real Estate Tips and Trends… Downtown St. Petersburg’s Changing Landscape

October 1, 2014 by Estelia Mesimer

Real Estate Tips and Trends… Downtown St. Petersburg’s Changing Landscape

Two weeks ago the Tampa Bay Tribune and the Tampa Bay Times published a story titled, 41-story condo planned for prime downtown St. Pete property. Developer of the project is the Kolter Group of West Palm Beach.

Kolter GroupTo say the article created a buzz is an understatement. Tentatively named Tropicana Block, the 800,000 sq. ft. proposal includes a 456-foot high tower with 253 condo units sitting atop 15,000 sq. ft. of street level retail stores and eateries. It would be adjoined by parking garages to a 152,000 sq. ft. hotel with 174 rooms.

According to Brian Van Styke, a development executive with Kolter, sales records show there is still a strong demand for condos. “It’s a growing, thriving community and a lot of people are attracted to it{St. Petersburg}as a place to live, as well as a destination and weekend travel. He said his company firmly believes in St. Petersburg’s current and long-term growth.

If you are interested in buying or selling a condo in Downtown St. Petersburg,

Call me at: 727-686-2859 or email at Estelia@kw.com

Remember – I’m only a call, click or text away.

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Estelia Mesimer
150 2nd Ave N, Suite 100
St. Petersburg, FL 33701
Estelia@Estelia.com
Direct: 727.686.2859

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