Townhomes proposed in downtown St. Pete near USF St. Pete
A 15-unit townhouse development is in the works for downtown St. Petersburg. St. Pete-based NJR Construction Group has proposed the townhouses on a vacant .35-acre lot at 357 3rd St. S, across the street from apartment tower Camden Pier District and Harbour’s Edge senior apartments. The development will be two blocks from University of South Florida St. Pete. Development costs are estimated at $9.6 million in city filings. The 15 units will be split between two four-story buildings, according…Original Article
The condominium associations that will feel the financial impact most acutely are those that have historically underfunded their reserves and/or deferred maintenance and repairs.
“Communities like San Francisco have got it right because while they have a huge affordable housing issue they also have a business community that is willing to put their money behind helping their workers be able to live in close proximity to where they work," Brandi Gabbard, vice chairwoman of St. Pete City Council, told the Business Journal.
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A waterfront penthouse has been listed for $16.35 million — making it the highest-priced condominium listing in Sarasota. The property comes with contemporary finishes and includes views of the bay and the city skyline. Located at 605 South Gulfstream Ave. in the Epoch building, the listing is marketed exclusively by Moriah Taliaferro of Premier Sotheby’s International Realty’s downtown Sarasota office. The condo is listed with over 5,600 square feet of living space. It also features…