highrise condos: Windward at Harborage condo in St Pete Florida - 08/24/06 09:22 AM
The Windward at Harborage in St. Petersburg, Florida, has called it quits and returned a dozen or so deposits made by prospective owners.  Vector Commercial Realty and its partner announced this project last fall: a 4 acre waterfront parcel (actually the parcel is partly on the water and partly across the road from the water) where they would build three condo buildings, retail and a restaurant. It relied heavily on its location by the Harbourage Marina.  Costs were pegged at $7,000,000 to $3,500,000. Developers blame the demise on timing - the condo market has slowed and costs have risen.  I blame … (0 comments)

highrise condos: Ovation gets funding - 08/03/06 01:05 AM
As the condo inventory increases and the market slows, banks are likely to cut back on funding. It is good news that Bank of America has approved funding for Ovation, a luxury condo to be built on Beach Drive in downtown St Petersburg, Florida. According to the St Petersburg Times, JMC, the developer, will need to sell half the units before the loan is funded. JMC has a long, successful track record in Pinellas County, having developed Harbourside, Dolphin Cay, Bacopa Bay,The Florencia, The Grand, The Meridian, and more. A successful history is a very significant factor in both sales and … (0 comments)

 
Sharon Simms, St. Petersburg FL - CRS CIPS CLHMS RSPS (Coastal Properties Group International - Christie's International)

Sharon Simms

St. Petersburg FL - CRS CIPS CLHMS RSPS

Saint Petersburg, FL

More about me…

Coastal Properties Group International - Christie's International

Address: 238 Beach Drive NE, St Petersburg, FL, 33701

Office: (727) 898-2582

Information on Real Estate, Properties, Traditions, Neighborhoods, Market Activity and other items of interest in the Tampa Bay area (St Petersburg, Clearwater, Tampa, Bradenton) and the Gulf Beaches, Florida.


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