During a community meeting on July 10th, it was announced that Sprouts Farmers Market’s has signed a deal with the developer behind the Skyway Village mixed-use development project in St. Petersburg’s Skyway Marina District. Altis Cardinal is redeveloping the 34-acre Ceridian office park located at 3201 24th Street S. into a large mixed-use development.
The project includes 2,084 apartments, 119,160 square feet of self-storage, and 92,000 square feet of commercial space. Originally only 49,000 square feet of office space was planned. Sprouts will anchor the development with 23,000 square feet of space in the Skyway Village.
Groundbreaking for Sprouts and the retail outparcel is anticipated for mid-2024, along with one of the multifamily buildings. Sprouts is anticipated to be completed by mid-2025 and the apartment building that features ground floor retail is hoped to be finished by the second quarter of 2026. Sprouts is also anchoring at a retail plaza in Kenneth City and expects to open August 18th.
Frank Guerra, principal of Altis Cardinal, spoke with the Tampa Bay Business Journal, and says he plans to also bring in boutiques, coffee shops, and more unique concepts aiming to make the Skyway Village a self-efficient neighborhood. 32,000 square feet is also set aside for restaurants.
An 8,000 square foot food truck park will be placed in an outdoor area between Sprouts and the former Ceridian office tower, which is going to be transformed into an amenity tower for residents. There will be a mix of studio, one-, two-, and three-bedroom units, with the majority being one and two bedrooms. Apartments in the development will span across six five-story buildings with parking garages. 3,572 parking spaces will be available throughout Skyway Village, and two streets and two avenues will be added to the site with on-street parking.
Atlis Cardinal purchased the office park being used as the project site in December 2021 in an all-cash deal for $40 million.
Source: Tampa Bay Business Journal
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