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Seven ideas to transform the Edge District

Margie Manning

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The old St. Petersburg Police Headquarters as seen from the window of the Chief of Police in the new headquarters across the street.

Mayor Rick Kriseman has on his desk seven plans to transform the old St. Petersburg Police headquarters site.

Each of the proposals submitted last week envisions a mixed-use project with office and retail space. Most, but not all, have a housing component, and some of them include hotels.

Kriseman will recommend one of the plans for consideration by the City Council. Whichever plan is picked will be transformative for the Edge District, the area bounded by 1st Avenues North and South and by Dr. Martin Luther King Jr. and 16th Streets.

Here are the choices:

 

1301 Central Avenue LLC

Developer: 1301 Central Avenue LLC

Managing members: John Stadler, Bob Glaser

Office: 51,000 square feet

Retail/restaurant: 20,000 square feet

Hotel: 42,000 square feet

Workforce housing apartments: 50

Market rate apartments: 220

Development budget: $125.4 million

Permanent jobs: 475

Parking spaces: 700

Unique feature: 53-key boutique hotel

Altis Cardinal

Developer: Altis Cardinal LLC

Founders and principals: Frank Guerra, Alberto Suarez

Office: 123,700 square feet

Retail/restaurant: 40,700 square feet

Apartments: 250

Workforce housing: 5% of total apartment

Development budget: $115 million

Permanent jobs: 938

Parking spaces: 700

Unique features: Coworking/incubator space; food hall; artist studio; bicycle parking

Edge Central Development Partners

Developer: Edge Central Development Partners

Partners: Jay Miller, Bowen Arnold, Will Conroy, Craig Sher

Office: 77,000 square feet

Retail/restaurant: 20,500 square feet

Workforce apartments: 104

Market rate condos: 40

Parking spaces: 500

Development budget: $70.4 million

Permanent jobs: 399

Unique feature: New civic plaza, living green wall

Harrod Properties

Developer: Harrod Properties, Harrod Healthcare Real Estate

Office: 80,000 square feet, medical office building

Retail/restaurant: 19,000 square feet

Hotel: 65,000 square feet

Parking spaces: 580

Multifamily housing: 0

Permanent jobs: 254-284

Development budget: $59.4 million

Unique feature: Primary tenant for medical office is a multi-specialty women’s health services provider

Midtown Real Estate

Developer: Midtown Real Estate

Principals: Dan Harvey, Sean Williams

Office: 150,000 square feet

Retail: 50,000 square feet

Living units: 180

Parking spaces: 500

Permanent jobs: did not disclose

Development budget: $40 million-$50 million Phase 1, $100 million-$120 million, Phase 2

MIlhaus Development

Developer: Milhaus Development

CEO: Tadd Miller

Office/cowork: 60,000 square feet

Retail/gallery: 27,000 square feet

Apartments: 200

Workforce and affordable housing: 15 units

Hotel: 85 rooms

Parking spaces: 625

Permanent jobs: 167

Development budget: $99.3 million

Unique feature: Two outdoor plazas along Central Avenue and 13th Street

Waverly Capital

Developer: Waverly Capital

Co-founders: Jugal Taneja, managing member; Fazal Fazlin, CEO

Office: 100,000 square feet

Retail: 25,000-30,000 square feet

Housing: none

Parking spaces: 700

Permanent jobs: 350

Project cost: $36.5 million-$43.3 million

Unique feature: Potential office tenants include biotech, pharma and construction companies

 

 

 

 

 

 

 

 

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