Doubling down on Seminole Heights
At first blush, Wesley Burdette’s development plans in Seminole Heights sound nothing short of aggressive. He’s under contact to buy .87-acre site at the corner of North Florida and East Wilder avenues, where he’ll build about 50 apartments and some retail space. In December, the first residents will move into the Warehouse Lofts, a 54-unit […]
Old Northeast shelter to be demolished, redeveloped into townhouses
A former shelter for domestic abuse victims in Old Northeast will be demolished next week to make way for eight luxury townhouses. Aspen Venture Group, based in St. Petersburg, closed on the site at 426 11th Ave. NE in August, according to Pinellas County property records. The townhouses, named The Sanderling, will range in price […]
Canadian philanthropist lists Redington Beach home for sale at $7.9M (Photos)
A 7,500-square-foot home in Redington Beach with sweeping views of the Gulf of Mexico from nearly every room is listed for sale at $7.9 million. Tracey Gardiner, an agent with Coldwell Banker Residential Real Estate’s Belleair office, took the property to market about 10 days ago. At $7.9 million, it is one of the highest-priced […]
New mixed-use development in the works in Seminole Heights (Renderings)
The developer behind the Warehouse Lofts in Seminole Heights is zeroing in on a nearby site for his next project — a mixed-use building at the corner of North Florida and East Wilder avenues. Wesley Burdette said Tuesday he is under contract to acquire the .87-acre site at 5023 N. Florida Ave., where he’ll demolish […]
New Compass exec wants to change the way you see homeownership
It’s not often we find a job that perfectly combines professional experience and personal hobbies, but in her new role as vice president of product for New York-based Compass real estate brokerage, Christina Allen found exactly that. Allen, who previously worked at LinkedIn, will develop digital products to change how people buy and sell houses. […]
Construction spending at seven-year high; worker shortage limits gains
Construction spending hit $1.1 trillion in September, its highest level since March 2008. That’s according to an analysis by Associated General Contractors of America, which pointed out the number would have been even higher if it weren’t for a shortage of construction workers. “Overall, demand for construction continues to grow at a very robust rate,” […]