Renovations completed at downtown St. Petersburg landmark

Building occupancy has roughly doubled since 2016 amid upgrades


  • By
  • | 6:00 a.m. December 7, 2018
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Denholtz Associates and Convergent Capital Partners acquired 490 First Ave. in downtown St. Petersburg, in 2016.
COURTESY PHOTO — Denholtz Associates and Convergent Capital Partners acquired 490 First Ave. in downtown St. Petersburg, in 2016.
  • Commercial Real Estate
  • Share

Landlords Denholtz Associates and Convergent Capital Partners have completed a two-year-long, $13 million capital improvement campaign at the duo’s 490 First Ave. building in downtown St. Petersburg.

Upgrades at the 239,000-square-foot building included a new roof, LED lighting, glass entry way, security, heating and air conditioning systems.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

  • December 15, 2025
Lee Health CEO to step down

Sponsored Content