Stay informed about business news and updates in St. Petersburg, FL.
Duke Energy Foundation has made a significant contribution of $350,000 to assist Florida nonprofits in the aftermath of Hurricane Milton. This donation will support various local organizations, including the We Are St. Pete Fund, St. Petersburg College Foundation, and Ready for Life Pinellas, enhancing community resilience during recovery efforts.
Horse Soldier Bourbon, a distillery rooted in the legacy of U.S. Army Green Berets, is expanding its operations with a new facility in Kentucky. This initiative not only celebrates the bravery of veterans but also highlights the bourbon industry's growth in the region.
The Art House condominium tower in downtown St. Petersburg has officially topped out at 42 stories, marking a significant milestone in its development. Construction began in June 2022, and 75% of the 244 luxury units have already been sold, indicating strong demand for housing in the area.
The Art House, a new 42-story luxury condominium tower in downtown St. Petersburg, has officially topped out, marking a significant milestone for the community. Developed by Kotler Urban and constructed by Coastal Construction, the project began in June 2022, with 75% of its 244 units already sold. This development is poised to enhance the skyline and real estate market of St. Pete.
Prometheus Partners LP has acquired Salt Creek Marina in St. Petersburg for $16.425 million, marking a significant development in local real estate. This sale, finalized on November 8, 2024, highlights the continued interest in waterfront properties in the area.
Dr. Tim Holcomb has been appointed as the new CEO of Embarc Collective, a key player in the Tampa Bay tech ecosystem. With over 35 years of experience in supporting startups, Holcomb aims to leverage institutional expertise to expand and enhance the region's entrepreneurial landscape.
American Freight locations in St. Petersburg, Clearwater, and Tampa are set to close as their parent company, Franchise Group Inc., has filed for bankruptcy. The retailer will shut down all 328 stores nationwide, with discounts of up to 30% on remaining inventory.
Jackie Z Style Co., a family-owned boutique, is celebrating its 10-year anniversary at the Sundial shopping center in downtown St. Petersburg, defying recent business closures in the area. Owner Jackie Zumba expresses optimism about the future while expanding the store's footprint amid challenges faced by local businesses.
American Freight is set to close its locations in St. Petersburg, Clearwater, and Tampa due to bankruptcy filings by its parent company, Franchise Group Inc. The retailer will shut down all 328 stores across the nation and is offering discounts of up to 30% on remaining stock in an effort to clear inventory.
St. Petersburg's first "car condo community," Motocave, is nearing full occupancy, with only seven units remaining available for sale. Situated on 3.75 acres at the northeast corner of I-275 and Gandy Boulevard, this unique development caters to car enthusiasts seeking secure storage and community amenities.