Miami Developer to redevelop 39 waterfront acres in St.Petersburg

cliggittvaluation • Oct 04, 2022

39 Acres off Gandy Boulevard planned for redevelopment

Miami investment firm Key International purchased 39 acres of waterfront off Gandy Boulevard in St. Petersburg. Pinellas County Records indicate the purchase price was $19 million. The unnamed development plans include 324 waterfront apartments, 52 rental townhomes, and an 8,000 SF restaurant that is adjacent to a marina and slips. The development will also include amenities such as pools, playgrounds, pickleball courts, and a public boardwalk that will include a kayak launch. There is no planned date for development to begin at time of blog being posted.

Information Source: Jay Cridlin, Tampa Bay Times

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