- Warehouse facilities are located in the Tampa Bay area.
- A developer seeks to establish new retail presence in Tampa, which is situated on the Tampa Bay estuary.
33-Story Apartment Tower Pre-Leases Near Publix in St. Petersburg
What happened
Pre-leasing has opened at 3rd & 3rd, a 33-story apartment tower located in downtown St. Petersburg. The tower sits across from the Publix-anchored University Village shopping center and holds 262 units. The building also includes approximately 15,000 square feet of retail space on the ground floor.
From 925maxima.com
Why it matters
The new residential and retail space in St. Petersburg signals increased commercial and residential market activity in the Tampa Bay region. The tower offers various unit sizes, with rents for one-bedroom units ranging from $2,730 to $3,075 a month.
A developer is seeking to establish a new retail presence in Tampa, which is situated on the Tampa Bay estuary, and warehouse facilities are located in the Tampa Bay area.
From 925maxima.com
Who's involved
- PublixOperates within the University Village shopping center in St. Petersburg.
- St. PetersburgThe city where the new apartment tower is located.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Pinellas CountySpeculative
Pinellas County might see increased property tax revenue and economic activity from new residential and retail units.
- Swiss ReSpeculative
Swiss Re may see the regional risk profile analyzed by Swiss Re altered by increased density and investment in St. Petersburg.
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The entities involved
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Publix
American supermarket chain headquartered in Lakeland, Florida
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St. Petersburg
city in Pinellas County, Florida, United States
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Tampa Bay
estuary and natural harbor in Florida, off the Gulf of Mexico
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