St Pete Rising

St Pete Rising

St. Pete Rising was launched in May 2013 to provide the newest news on urban development in Downtown St. Petersburg. Our mission is to keep you informed about real estate, retail, and restaurant news, and to inspire you to share why Downtown St. Pete is such a fantastic place to be. As the city continues to thrive, we invite you to join us in witnessing the exciting growth of Downtown St. Pete.

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  • 3 days ago | stpeterising.com | Veronica Brezina

    The basement of the historic 99-year-old Snell Arcade in downtown St. Petersburg, once a bustling hub during the Prohibition era, will be reborn as an exclusive business and social club catering to the city’s movers and shakers. Former Major League Baseball player turned entrepreneur Robin Jennings will lease and transform the 9,240-square-foot space at 405 Central Avenue into a new private club called The Medina, which is scheduled to open in 2026.

  • 1 week ago | stpeterising.com | Veronica Brezina

    A 348-unit apartment complex in the heart of downtown St. Petersburg has a new owner and a new name. Boston-based real estate management firm General Investment & Development (GID) has purchased The Hermitage Apartment Homes, located at 151 7th Street South in a $104.46 million deal. The buyer also took out a $75.254 million loan from Walker and Dunlop LLC.

  • 1 week ago | stpeterising.com | Veronica Brezina

    Five years ago, the City of St. Petersburg unveiled the long-anticipated St. Pete Pier and its sprawling 26-acre district, reconnecting downtown to the waterfront. Today, it has become a signature landmark, drawing millions of tourists and residents each year. To celebrate the Pier's five-year milestone, the City of St. Petersburg is hosting PierFest—a month-long series of family-friendly events every weekend in July.

  • 1 week ago | stpeterising.com | Anthony Close

    Foxtail Coffee Co. will soon bring its signature craft coffee and cozy aesthetic to downtown Largo, becoming the first tenant announced for Liberty Yards, a modern two-story retail and restaurant development set to rise at the southwest corner of 4th Street Southwest and West Bay Drive. Atlanta-based real estate investment firm The Ardent Companies, which acquired the site last year for $1.85 million from The Liberty Worship Center across the street, is behind the 11,175-square-foot project.

  • 1 week ago | stpeterising.com | Veronica Brezina

    The Cross Bay Ferry, which has linked passengers between downtown St. Petersburg and downtown Tampa since 2017, could once again sail under a new operator. The Pinellas Suncoast Transit Authority (PSTA), which operates the Clearwater Ferry, is now leading efforts to restore ferry service between St. Pete and Tampa after Hillsborough County recently ended its contract with HMS Ferries.

St Pete Rising journalists