Trader Joe’s will open its first store in St. Petersburg early 2015, just prior to Valentine’s Day. The store will be located at 2742 Fourth Street North and store hours will be open from 8 a.m. to 9 p.m. daily. Trader Joe’s recently opened a Tampa store and has received a phenomenal response and huge following from customers around the bay area, including customers from St. Petersburg. In fact, on many evenings and during the weekends, the store is jam-packed and traffic and parking just outside of the retailer usually has to be directed because of traffic problems. Now, St. Petersburg patrons will have easier access to a local Trader Joe’s location which is scheduled to open Feb. 13, 2015. Read more at TBBJ. Photo courtesy Eric Snider.
St. Petersburg has been at the forefront of condominium development and the area doesn’t show any signs of slowing down any time soon. A new condo project, The Salvador, is scheduled to make it’s debut in downtown St. Petersburg February 1, 2015. The developers, Tampa-based DDA Development, are overseeing the 74-unit project which will be located at Second Street and Fifth Avenue South. The 13-story residential development, according to the developer, will help to fill a void in the market.
Prices will begin around $315,000, according to David Moyer who is representing the project and is the listing agent with Smith and Associates. The Salvador will include an 11,000 square foot amenity deck with a spa, heated saltwater pool, fitness center, gated dog walking area and pet bathing stations.
Moyer says that once 30 units have sold, The Salvador will break ground around Feb. 1, 2015 with construction taking about 14 to 16 months to complete. Read more at TBBJ.
Photo courtesy of Smith and Associates.
America II Electronics Inc., a St. Petersburg-based company, is an official sponsor of the Bitcoin St. Petersburg Bowl in December. The Bitcoin St. Petersburg Bowl is a college football, postseason game played at Tropicana in St. Petersburg, Florida annually.
The 25 year-old company, who globally distributes semiconductors and components will host the event’s welcome press conference and will provide reception for participating schools as mentioned in a statement.
Brett Dulaney, executive director of the Bitcoin ST. Petersburg Bowl states, “We are excited to have an international company based in St. Petersburg joining our family of corporate sponsors.” Michael Galinski, CEO and founder of America II Electronics says that “America II is delighted to be part of the Bitcoin St. Petersburg Bowl.” This is about so much more than college football. This sponsorship is part of America II’s ongoing commitment to support our community. It’s about promoting the St. Petersburg area with the goal of strengthening our local economy.” Although the sponsorship has officially been announced, financial terms of the sponsorship were not disclosed. Read more here. Photo courtesy TBBJ.
It looks like St. Petersburg will be getting a new luxury tower soon. The 41-story project will feature 253 condo units, and a hotel with 173 rooms which will be located on Second Street North, across from Jannus Landing. The Kolter Group, a South Florida developer who is planning the project, has yet to release condo prices, although construction costs are estimated at $120 million.
Brian Van Slyke, the Kolter executive overseeing the project says that the group filed site plans with the city and that Kolter will be opening a sales office during the early part of 2015. This is contingent on the city signing off on the plans.
“There’s not a firm percentage that’s been established, but we do want to get a certain level of pre-sale reservations before we go vertical,” Van Slyke said. Read more.
Photo courtesy pharris.