Downtown Condo Market Report Downtown Condo Market Report October 2018 | Page 3

Construction, continued end and you can see ment about Bezu being progress being made out of sync with the sur- on a regular basis. rounding buildings, as Construction on the Mu- this new project would seum of the American be a block further south Arts and Crafts Move- and west. Of course, ment, which is attached this tower is still in the Regent Lane to the parking garage planning stage, so we on 4th Avenue North, will just have to wait and between 3rd and 4th see. Streets, continues as Of the many town- you can now really get a house projects going feel for what the building on, Liv233’s last unit is starting to look like. sold for $1,200,000. The museum is expect- Regent Lane is most- ed to open in May 2019. ly completed and has Galaxy Hotel The Galaxy Hotel on already had five clos- ings. They still have four units to sell the corner of 2nd Avenue and 1st with prices ranging from $900,000 to Street N is going up and will even- tually be 11 stories high. It will be a $1,200,000. The construction on the new St. nice addition to our downtown hotels. For more information, call Rob! Petersburg Pier continues. You can see they now have a path out to the Improvements, from page 1 per and lower cabinets, but I don’t see much of this in our market. Buyers are concerned about their monthly costs, whether for condo fees or electricity. If you’ve made improvements that reduce your energy cost or improve wind resis- tance, check with your insurance company to see about lowering your rates. - Sharon Shares The Stats THE SIMMS TEAM SHARON SIMMS 727-403-5107 [email protected] TAMI SIMMS 727-743-6262 [email protected] The SIMMS Team is proud to be a sponsor of the Downtown Business Association’s volunteer visitor experience program, The Sunshine Street Team! Watch for these friendly folks in yellow t-shirts around downtown. *in Sharon’s view of “downtown,” from 5th Ave N to 5th Ave S, from 4th St to Tampa Bay and includes both sides of the boundary streets. See past issues and/or subscribe for monthly e-mail updates at www.DowntownStPeteCondos.com. Prefer to save a tree? Email us at [email protected] with your name and/or address and we’ll remove you from the printed mailing list. rob johnson 727-599-7980 [email protected] Sharon, Tami and Rob all hold the highly regarded Certified Luxury Home Marketing Specialist and Certifed Residential Specialist professional designations.