Mixed Use

Massive Mixed-Use Development Gets The Green Light In St. Petersburg’s Skyway Marina District

St. Petersburg’s Development Review Commission has given the green light to an expansive mixed-use development slated for the Skyway Marina District. Spanning 34.3 acres, the project, known as Skyway Village, is a phased, master-planned endeavor. It involves the demolition of most of the existing 380,000-square-foot office park at 3102 34th Street South, to be replaced by a series of new mid-rise buildings featuring a blend of apartments and walkable community retail. Notably, a Sprouts Farmers Market is set to anchor the retail component. Initially reported by St. Pete Rising, the project was proposed for an underutilized office park, formerly housing Minneapolis-based Ceridian, known for its human resources software and services.

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UNCG And Vertical Developments Buy Edgewater Site For $13.5 Million With Plans To Build A Condo-Hotel

Urban Network Capital Group (UNCG), in collaboration with Vertical Developments, has acquired a land parcel in the Edgewater neighborhood of Miami’s urban core at 3618 Northeast 5th Avenue. The transaction closed for $13.5 million, with the previous owner being Hotelex Midtown LLC, an affiliate of Hotelex Group. The 4,725-square-foot parcel is zoned T6-24a-O, permitting a structure of up to 24 stories. The partnership between UNCG and Vertical Developments plans to develop a condo-hotel tower on the property; details have not yet been disclosed. Alfonso Jaramillo from Fortune International Realty represented the buyers in the deal.

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