$70M apartments to break ground in downtown St. Petersburg
St. Petersburg’s next high-end apartment development is imminent. Coral Gables-based Allen Morris Co. will break ground on the Hermitage, a 348-unit apartment building at 750 First Ave., on Wednesday. The Hermitage will include studio, one- and two-bedroom units. The building will stand eight stories and feature a rooftop pool. The $70 million project is backed […]
Exclusive: New apartment development planned in Ballast Point
EWI Construction is building a 48-unit apartment complex at the intersection of Paxton and Macdill avenues in the Ballast Point area. The site was once slated for a townhouse development that never came to fruition, said Casey Ellison, EWI Construction founder. ABC Capital is the developer of the project, Ellison said, and he anticipates construction […]
5 things to start the day: Voting on the Pier, and what can Ringo open with his key to Sarasota?
The city of St. Petersburg is conducting a public survey on seven designs for the Pier on the waterfront. The Pier has been an attraction for downtown, previously housing retail, restaurants and gatherings. Surveying lasts until Friday. Tampa landed on BuzzFeed’s list of ” 9 places to move if you want Wall Street as your […]
Behind the financial fraud headlines, victims tell their story
Years before Leigh Farrington Fiske of Tampa pled guilty to defrauding small business owners, Dominick and Michelle Alesandrini say they lost $18,000 in their dealings with Fiske. In 2005, the couple signed a lease-purchase contract with Fiske for a home in Seminole Heights, and Dominick Alesandrini, a contractor, agreed to restore and renovate parts of […]
Pending home sales at highest level since 2013
January may have been a weak month for home sales, but it was a strong month for contract signings. Pending home sales jumped to their highest level since August 2013, according to the National Association of Realtors. The group’s Pending Home Sales Index, which is based on contract signings, rose from 102.5 in December to […]
Boutique hotel with rooftop bar planned on former Crawdaddy’s site on Rocky Point
A boutique hotel is in the works for the site of a shuttered restaurant on the Rocky Point waterfront. Tampa-based Lifsey Real Estate Holdings is partnering with Pinnacle Hotel Management, based near West Palm Beach, on a nine-story, 180-room boutique hotel, said Stan Lifsey, principal. The project will be built on the site of the […]