Transformation of the Kenwood neighborhood continues in St. Petersburg
- Reimagined workplace constructing newest step in Kenwood renovations
- Six-story construction at 401 thirty fourth St N becoming seventy eight loft fashion flats
- $fifty five million within the 10-acre challenge
The subsequent part of Kenwood enhancements begins with builders unveiling renovation plans this week for an previous workplace constructing.
The vacant, six-story construction at 401 thirty fourth Road North is being reworked into seventy eight loft-type flats.
The groundbreaking is happening Wednesday.
Residents within the space say they welcome the change, so long as the integrity of the neighborhood does not change.
“It is eclectic,” stated Kenwood resident Kevin Altieri of the historic district neighborhood. “It is a mixture of life a mixture of ages everyone is welcome.
“This entire space, you are beginning to see a change, very slowly, however you are beginning to see some wholesome modifications coming and new individuals are shifting in and that is iliciting modifications to the properties as properly so I feel it is good for all of us from a safety standpoint in addition to worth.”
Miami-based mostly developer Altis Cardinal is investing $fifty five million within the 10-acre undertaking. This isn’t the agency’s first enterprise within the space.
The Altis group began with renovating the Skyline Fifth Condo tower. They firm was later employed to tear down the Mosley Motel and redevelop that 12-acre website.
Altis officers stated the objective is to create a related reside, work, play space that your complete neighborhood can use and luxuriate in.