New Mixed-Use Development Proposed for Corey Avenue

News Summary

Kolter Urban has proposed a new mixed-use condominium project on Corey Avenue in St. Pete Beach, featuring 162 luxury condos, retail spaces, and public amenities. This initiative, which aims to reshape the local landscape, includes plans for a park and a scenic promenade, enhancing the community’s atmosphere. Kolter Urban seeks to engage with residents through consultations and aims to create a development that harmonizes with the area’s charm, following a previous unsuccessful proposal for a different project on the same site.

Change is Coming to St. Pete Beach’s Corey Avenue

In sunny St. Pete Beach, exciting new developments are on the horizon as Kolter Urban, a respected name in the world of real estate, has made a bold proposal for a mixed-use condominium project at the east end of Corey Avenue. This initiative promises to deliver stunning luxury condos that will undoubtedly enhance the local landscape and community atmosphere.

A Peek into the Plans

The proposed development aims to create a vibrant space featuring 162 luxury condo units, designed to cater to those who crave a blend of comfort and style. But that’s not all—this project will also include 4,000 square feet set aside for restaurants and an 8,540 square foot retail area, enticing shoppers and food lovers alike. Plus, there will be 39 boat slips available, ensuring that those with a penchant for the water can easily access the beautiful Gulf coast.

Public amenities are part of the vision too, with plans to introduce a charming park, a welcoming plaza, and a scenic promenade. These additions are sure to draw in visitors and create a community ambience that everyone can enjoy.

Community Engagement and Vision

Kolter Urban is not just pushing this proposal through. They held a community meeting at the picturesque Sirata Beach Resort to showcase their vision and gather input from local residents. Given Kolter’s long history in the region, building impressive structures like ONE St. Petersburg and the recently opened Saltaire, they’ve definitely got the experience to back up their plans.

This project will breathe new life into the previously proposed Corey Landing site. Originally envisioned as a 243-unit apartment complex, that plan fell through in June 2023. Instead, Kolter purchased the Corey Avenue property for a cool $9.85 million in late 2024, with intentions to create something truly unique for the community.

Smart Design Choices

Rather than constructing a massive building, like previous proposals, Kolter has thoughtful redesign in mind. They plan to develop four smaller eight-story buildings instead of one big structure, reducing density from 63 units per acre to under 34 units per acre. Each of these buildings will feature seven levels of residential units, ensuring the development complements the area’s charm while providing ample space for parking and retail on the ground floor.

In addition to more parking, a realignment of Corey Avenue is on the cards, with the introduction of 34 public parking spaces. As part of the project, renderings reveal lush landscaping, wide sidewalks, and plenty of green space for both residents and visitors to relish.

Next Steps and Community Involvement

Brian Van Slyke, the Regional President of Kolter Urban, has expressed eagerness to work hand-in-hand with the City of St. Pete Beach, aiming to honor the waterfront’s beauty and the community’s character. To get things rolling, Kolter plans to submit a request to amend the existing Conditional Use Permit initially granted for the Corey Landing project. This approval is a task that rests in the hands of the St. Pete Beach City Commission.

Should they face hurdles in this amendment process, Kolter might resort to the originally approved plans from 2022. A dream team of legal experts, architects, and civil engineers has been assembled to ensure the project runs smoothly, enhancing its chances of success.

The Unfolding Future

As stints of residential redevelopment in the area have faced mixed community sentiment over the last decade, the memory of previous rejections lingers in the air. A new era of development at Corey Avenue is within sight, and hopes are high that this project will pave the way for a harmonious balance between growth and community needs. Stay tuned as this story unfolds, and keep your eyes peeled for more updates from the exciting realm of St. Pete Beach developments!

Deeper Dive: News & Info About This Topic

HERE Resources

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Boca Raton Moves Towards Mixed-Use Community Development
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St. Petersburg Expands Green Spaces with New Park and Pump Station
Revitalization Plans for the Merriwether Building Site in St. Petersburg
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Additional Resources

• St. Pete Rising: 162-Unit Condo Development
• St. Pete Catalyst: Kolter Loan for St. Pete Tower
• TBB Business: One-Liners – Kolter Urban
• Wikipedia: St. Petersburg, Florida
• Google Search: St. Pete Beach developments