Redington Shores, Fla., a small beach city located right on the Gulf of Mexico in Florida's Tampa Bay area, is considering a developer's plan to build a mixed-use condo facility.
The 34-unit condo development proposal that consists of streetfront stores and offices facing Gulf Blvd. would be the first mixed-use development to grace the shores of Redington Shores, and the first condo development built there in 20 years, if the city approves the developer's plans.
Redington Shores Mayor J.J. Beyrouti told the St. Petersburg Times, "It's very exciting," when asked about the development proposal.
Multi-use projects are quickly becoming the norm in Pinellas County, Fla., as Pinellas County has begun to embrace them as part of redevelopment efforts. Since new land to develop is rare in Pinellas, re-development is becoming quite common.
These condos will likely sell fast at prices that aren't uncommon for luxury condominiums located on Florida's Gulf beaches. Prices will start at $550,000, according to SIMDAG Investments, the developer proposing the project.
Information from today's St. Petersburg Times article was used for this report. To read it in its entirety, click here.
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