Saltaire<\/a>, has agreed to make several updates to improve the property\u2019s public benefits.\u00a0<\/p>\nKolter Urban will double the amount of Class A public use dock slips on the property from four to eight, joining 31 Class B private slips. These will be available upon the opening of a property restaurant or the park, said Stearns Weaver Miller shareholder Elise Batsel \u2013 who represented Kolter Urban at the Oct. 28 meeting.\u00a0<\/p>\n
The company will also build a kayak launch. Additionally, it will design and construct a shaded structure, such as a gazebo or pavilion, in the park.\u00a0<\/p>\n
Kolter Urban has agreed to provide the City of St. Pete Beach with a one-time payment of $150,000 to help with maintenance costs for the public land surrounding the project site, Batsel added. The organization will also help repair the seawall near the property.\u00a0<\/p>\n
St. Pete Beach mayor Adrian Petrila appreciated Kolter Urban\u2019s willingness to collaborate and work actively with the City to create a project that offers public benefits.\u00a0<\/p>\n
\u201cRarely do we have people come in and say \u2018look, let\u2019s be partners in this community and because we want to be invested in this community, here\u2019s how we want to contribute\u2019,\u201d Petrila said at the meeting. \u201cThese are lasting impacts.\u201d\u00a0<\/p>\n
Ram Realty Advisors was originally planning to develop the land into a 243-unit apartment complex with retail space, a restaurant and a park. This was approved by the City of St. Pete Beach in 2022. However, in 2023 the organization chose not to move forward with the venture.\u00a0<\/p>\n
Kolter Urban acquired the approximately 3.9-acre property in 2024 for $9.85 million.\u00a0<\/p>\n
It additionally bought a 0.37-acre parcel at 75 Corey Avenue for $3.5 million (once home of Charlie\u2019s Transmissions) and a 0.23-acre piece of land at 85 Corey Circle for $1.75 million (the former location of the Blue Parrott Bar & Grill).<\/p>\n
The company plans to combine the properties for the project.\u00a0<\/p>\n
\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"A vacant St. Pete Beach property will finally get new life.\u00a0 An updated plan for a mixed-use development…\n","protected":false},"author":2,"featured_media":31854,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-31853","post","type-post","status-publish","format-standard","has-post-thumbnail","category-st-petersburg","tag-st-pete","tag-st-pete-headlines","tag-st-pete-news","tag-st-petersburg","tag-st-petersburg-headlines","tag-st-petersburg-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/31853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=31853"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/31853\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/31854"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=31853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=31853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=31853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}