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Exterior view of Carillon Bay Apartments in St. Petersburg, Florida, showcasing its amenities.

Texas Investment Firm Acquires Carillon Bay Apartments

August 16, 2025

News Summary A Texas-based investment firm has purchased the Carillon Bay Apartments in St. Petersburg for $37 million. This multifamily complex features 304 units with various layouts and desirable amenities....

Airplanes flying between St. Petersburg and Huntsville

Allegiant Air Launches New Nonstop Route from St. Petersburg to Huntsville

August 13, 2025

News Summary Allegiant Air has announced a new nonstop route connecting St. Petersburg, Florida, and Huntsville, Alabama, starting on March 5, 2026. One-way fares will begin at $39, making it...

Aerial view of Florida residential neighborhoods demonstrating housing market trends.

Florida Housing Market at Risk of Price Decline Amid Economic Pressures

August 11, 2025

News Summary The Florida housing market faces potential price declines due to increasing economic pressures, as detailed in the August 2025 Cotality US Home Price Insights report. Cities like Cape...

Visitors interacting with capybaras in a cafe

St. Augustine’s Capybara Cafes Gain Popularity Amid Wild Sightings

August 10, 2025

News Summary In St. Augustine, Florida, capybara cafes are enjoying a surge in popularity as visitors seek unique experiences with these gentle giants. Two cafes offer patrons opportunities to interact...

Interior view of Allelo Wine Bar showcasing a glass wine wall and chandeliers

Allelo Wine Bar Ranked No. 5 in the United States

August 9, 2025

News Summary Allelo, a wine bar located in downtown St. Petersburg, has been recognized as the No. 5 wine bar in the United States by a leading travel and dining...

Aerial view of Disston Plaza Shopping Center in St. Petersburg, Florida.

St. Petersburg Acquires Disston Plaza Shopping Center for $31.4 Million

August 9, 2025

News Summary A joint venture has acquired the Disston Plaza shopping center in St. Petersburg, Florida, for $31.4 million. The center, which is anchored by a new Publix supermarket, spans...

Aerial view of Duke Energy Florida electric grid

Brookfield Acquires Stake in Duke Energy Florida

August 8, 2025

News Summary Brookfield Asset Management has acquired a 19.7% stake in Duke Energy Florida for $6 billion, significantly enhancing the utility’s infrastructure. This investment aims to address the rising energy...

Interior of Allelo Wine Bar showcasing wine selections and dishes

Allelo Wine Bar Recognized as No. 5 in the U.S.

August 8, 2025

News Summary Allelo, a wine bar in downtown St. Petersburg, Florida, has been named the No. 5 wine bar in the United States by USA Today’s 10Best list. The establishment...

Aerial view of Disston Plaza shopping center in St. Petersburg, Florida.

AEW Capital Management and Partners Acquire Disston Plaza

August 8, 2025

News Summary AEW Capital Management, Mack Real Estate Group, and Soundwater Properties have acquired Disston Plaza in St. Petersburg, Florida for $31.4 million. The shopping center, spanning 129,150 square feet,...

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