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Tropicana Center condos announced for downtown St Petersburg Florida

Jimmy Aviram, St Petersburg developer who is behind The Arts Center condo project in St. Pete at Central Avenue and 8th St, has announced with his Miami partner Tibor Hollo, plans for a $360 million mixed-use complex called Tropicana Center covering the block between Central Avenue and 1st Avenue North, from 1st St N to 2nd St N. The project encompasses a hotel, shopping and 585 condominiums. The project will go before the St Petersburg Environmental Development Commission EDC in June. It is said to have space for a "midbox" retailer, currently lacking in downtown St. Pete. Over 5 stories of retail and parking, two towers are planned – the east tower with the 586 condominiums to be 33 stories and the west tower to be the hotel with 36 stories. Completion of this huge project is not expected until 2012. Interesting about this one – Hollo says that this one won’t rely on preselling the condominiums. Jimmy Aviram is also involved with both the completed Parkshore Plaza and the currently under construction Ovation, both on Beach Drive in downtown St. Petersburg.

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