A weekly roundup of local real estate deals.
Red Mesa unveils new Mercado design
The Veytia family, the owners of the Red Mesa restaurant brand, have unveiled the new design of the Red Mesa Mercado restaurant.
The new restaurant will open next year at 6001 Central Ave. in the Pasadena neighborhood, where Two Graces and Reading Room formerly operated.
Construction will start in October. The Red Mesa group is working with St. Petersburg-based Place Architecture on the design.
The new 250-seat restaurant will have a 20-person freestanding full-liquor bar and an 80-space parking area.
The Red Mesa Group has operated in St. Pete since 1995, first opening the Red Mesa Restaurant at 4th Street. In 2008, Red Mesa Cantina opened on 3rd Street. The last brick-and-mortar concept, Red Mesa Mercado, opened in 2014 on 1st Ave. N.
“We try to build food destinations, and Mercado is – without a doubt – the concept we developed to be replicated,” COO Pete Veytia said in a statement. “We look forward to debuting a truly unique space that allows us to stay true to our roots while continuing to meet the community where they are with this concept.”
The Mercado concept features an urban drive-by dining style. The new location will serve Southern California-inspired dishes.
St. Pete estate sells for $5 million
The estate at 9 Bayfront Court S. in the Marina Bay community has sold in a $5 million deal.
The nearly 5,000-square-foot estate was built in 2019 and features high ceilings and hardwood floors.
The previous owner invested over $250,000 worth of improvements in the four-bedroom home, including adding new lighting fixtures and renovating the closets, according to the listing.
The home has a nine-car garage, a pool and a dock with a boat lift.
Paul Simon with Coldwell Banker Realty represented the seller. Steve Marshall with Compass Real Estate represented the buyer.
The home last sold in 2020 for $3.8 million.
Industrial center in Pinellas progresses
Vertical construction has commenced on the Highpoint Commerce Center in Clearwater.
The 123,000-square-foot Class A industrial center will open late this year at 14775 62nd St. N.
In a construction progress video posted on LinkedIn, Caitlin Shick, a senior associate at Foundry Commercial, said the construction team installed the walls this week.
The warehouse will also feature two 1,500-square-foot spec office spaces, Shick said.
New apartments are planned along Pinellas Trail
New apartments will rise in Clearwater at 520 South East Ave. along the Pinellas Trail.
Chestnut and Trail LLC, which is connected to Largo-based Square Peg Development, has filed a stormwater application for a project called Marquis Trail Apartments.
Aro Engineering’s submitted site plan shows a 15,455-square-foot apartment complex with 53 parking spaces at the 0.74-acre vacant lot.
Industrial site next to Tyrone Square Mall sells
Anvil LLC has sold a 10,000-square-foot warehouse near the Tyrone Square Mall in St. Petersburg.
The 3 Birds LLC entity, which is connected to swimming pool contractor Oasis Pavers and Pools, purchased the 1.38-acre property at 2501 Anvil St. N. in a $2.35 million deal.
The buyer assumed a roughly $1.763 million loan from Anvil LLC.
The one-story warehouse on the property was constructed in 1983. StormFitters, a direct-to-consumer business providing windows, doors, and storm shutters, currently utilizes the warehouse.