Developer plans $120 million tower near Eckerd College

A prolific local developer plans to build a 12-story luxury condominium tower on the last significant vacant property along the Pinellas Bayway in St. Petersburg.

Reza Yazdani’s $120 million, environmentally resilient project will sit within Marina Bay, an upscale gated community adjacent to Eckerd College. The Marina Bay Residence will feature 96 units with views of Boca Ciega Bay and the Gulf beaches.

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Flood gates could benefit several St. Pete neighborhoods

St. Petersburg administrators believe installing two flood gates in Shore Acres, the city’s lowest-lying neighborhood, will benefit multiple areas along an interconnected stormwater system.

Councilmember Mike Harting said the project, which would mitigate tidal and storm surge impacts, involves “damn near a quarter of the entire city.” He and his colleagues unanimously approved a $147,451 contract with Jacobs Engineering Group at their Sept. 24 meeting to analyze designs, locations, benefits and risks.

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