Real Estate Blog

Melanie Ave writes in this morning’s St. Petersburg Times:

ST. PETERSBURG - A California developer submitted plans Thursday to build twin 26-story condominium towers on the site of two old downtown hotels.

Marc Harris, president of San Diego’s Granville Pacific Inc., said he wants to build 360 condominiums at 400 Fourth Street N that would feature a 20,000-square-foot gourmet grocery store, 8,000 square feet of retail space on the bottom floor and four stories of enclosed parking.

The former Bond Hotel, which is vacant, and another building that also once was a hotel and is now being used as an adult learning center are on the property. They would both be torn down.

The new units would range in size from 760 to 1,260 square feet. Four 2,250-square-foot penthouses would top each tower. Harris said prices would start in the low $200,000s.

The bottom tier of the towers would be designed with traditional St. Petersburg architecture found in the Old Northeast neighborhood. But Harris said most of the structure would have a more modern appearance and feature “quite a bit of glass.”

The condos are not yet officially on the market, but they will sell very quickly once they’re made available to the public. Contact me now to be notified when these hot new highrise condos in beautiful downtown St. Petersburg go on the market at these amazing low prices for highly desirable downtown living!

-John Mudd

“Mr. Real Estate”