Developer — comparing St. Pete to Austin — plans luxury condos

Michel Regignano says city ‘has the developmental potential to be another Austin, Texas, with all of its positive economic attributes.’

  • By Business Observer Staff
  • | 7:51 p.m. November 20, 2018
  • | 0 Free Articles Remaining!
Courtesy. The Blue Lotus in downtown St. Petersburg is expected to be completed by early 2020
Courtesy. The Blue Lotus in downtown St. Petersburg is expected to be completed by early 2020
  • Tampa Bay-Lakeland
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ST. PETERSBURG — A new luxury condo project is coming to downtown St. Petersburg: The Blue Lotus.

The project, at the corner of 4th Avenue NE and 1st Street North, is from Arclight Development Group and includes a high-rise tower with 17 residential boutique units plus a three level penthouse, according to a statement.

 

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