Weather Data Source: 30 days weather St. Petersburg

New Mixed-Use Development Proposed for Corey Avenue

Conceptual design of the Corey Avenue mixed-use development

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

New Hotel and Apartment Tower Approved for St. Petersburg
Florida’s Millionaire Count Surges Amid National Downturn
Business Developments and Real Estate Changes in St. Petersburg and Clearwater
Boca Raton Moves Towards Mixed-Use Community Development
New Townhome Development Planned in St. Petersburg’s Harbordale
St. Petersburg Expands Green Space with New Park Development
St. Petersburg Expands Green Spaces with New Park and Pump Station
Revitalization Plans for the Merriwether Building Site in St. Petersburg
New Mixed-Use Development Approved for St. Petersburg
YMCA Sells Land for Whitney Village Development in St. Petersburg

Additional Resources

STAFF HERE PETERSBURG WRITER
Author: STAFF HERE PETERSBURG WRITER

ST PETERSBURG STAFF WRITER The ST PETERSBURG STAFF WRITER represents the experienced team at HEREStPetersburg.com, your go-to source for actionable local news and information in St Petersburg, Pinellas County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Grand Prix of St. Petersburg, Localtopia, and SHINE Mural Festival. Our coverage extends to key organizations like the St. Petersburg Area Chamber of Commerce and St. Pete Downtown Partnership, plus leading businesses in finance, manufacturing, and healthcare that power the local economy such as Raymond James Financial, Jabil, and Bayfront Health St. Petersburg. As part of the broader HERE network, including HEREJacksonville.com, HEREOrlando.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.

ADD MORE INFORMATION OR CONTRIBUTE TO OUR ARTICLE CLICK HERE!
Advertising Opportunity:

Stay Connected

More Updates

Would You Like To Add Your Business?

Sign Up Now and get your local business listed!