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Groundbreaking Begins 12-acre Master Development in Kenwood

Groundbreaking Begins 12-acre Master Development in Kenwood

The city has big plans for the Historic Kenwood neighborhood. On June 14, officials broke ground on a new, mixed-use 4 story storage and retail building on 34th Street North off 5th Avenue North. The new structure will have a full floor of ground-level neighborhood retail shops.

Kenwood is a special neighborhood and a charming pocket of St. Petersburg full of wonderful bungalow homes, beautiful parks and fully engaged neighbors who care deeply about the area.

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– Altis Cardinal Founder and Principal Frank Guerra.

Future plans for 248 apartments on 10-acres of land

Altis, a Miami-based real estate firm, says more phases are to follow within the more than 12-acre master development that began with the successful renovation of Skyline Fifth, a 178-unit apartment building at 441 33rd Street complete with lounge pool, dog park, pet wash station, state of the art gym and sweeping views of the Burg.

Future construction phases include 248 apartments in a 10-acre campus-style setting, including 78 cutting edge lofts with eleven foot ceilings in a converted commercial building.

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The growth of the Kenwood area is a testament to the great neighbors who are here, and the vision of people like those at Altis Cardinal who recognize a good opportunity when they see one. I congratulate both the Altis team and the neighborhood for bringing such a great project to life. I also want to thank Council member Amy Foster for her passion and persistence.

– Mayor Rick Kriseman

Similar plans in store for Skyway Marina District

The development of Kenwood complements similar plans in the Skyway Marina District. Formed in October of 2013, the district comprises the nearly 2 mile stretch between 54th Avenue and 29th Avenue South along 34th Street. The area boasts a bounty of retail and restaurant staples, as well as prime access to Ft. De Soto and St. Pete Beach.

Toward the end of 2016, the Publix at Bay Point Plaza (5295 34th Street South) revealed a fresh new look, and Pet Supermarket (5001 34th Street South) officially opened its doors to the public. The city also got to know Elite Watersports — a family owned business in the heart of the Skyway Marina District.

Construction on $70 million mixed-use development to begin soon

The forward momentum continues in 2017 with the addition of Wawa; a new sushi restaurant is also in the works for the area. It’s first major project — a $70 million mixed-use development — will feature apartments, retail space and foodie spots on 9 acres of land at 30th Avenue South and 34th Street South.

An estimated 35,000 sq. ft. will be devoted to retail. The apartments are said to be tailored to the millennial demographic. Construction on the site should begin this summer. Visit the district’s Facebook page for updates on new developments, openings and events.

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