Florida.Simms.com

Choose Your Lifestyle

Categories

Translator

Archives

Grand Bohemian Condos St Petersburg Florida Update 12/30/07

Construction should start next spring on the Grand Bohemian Hotel and Residences in downtown St. Petersburg, according to developer Richard Kessler. The project is being redesigned once again, reducing the number of condominiums from 52 to 22, and increasing the number of hotel rooms by 32 to 292. Completion is targeted for early 2010,

Generally condo residences built in conjunction with a luxury hotel sell for a premium of 25-30%. With the number of condos currently on the market and an uncertain housing market ahead, condo sales have been slow for the Grand Bohemian St Pete, which is reflected in their latest change.

Print Friendly, PDF & Email

Comments are closed.

Copyright © 2007 Florida Simms     Agent Login     Design by Real Estate Tomato     Powered by Tomato Blogs