Downtown Condo Market Report July 2019 Downtown Condo Market Update | Page 3

Construction, continued The Vela project on 8th Street South is still moving forward. I in- correctly said last quarter that con- struction has begun, but that was on an apartment build- ing next door. As soon as they have 10 units under con- tract, they will start to build, with an es- timated 13 month build schedule. They currently have four under contract. Prices start at $401,000, with 10% down at contract, and a second 10% due when construction be- gins. The construction on the New St Petersburg Pier continues, if you get a chance to see it from above, you can really see it moving along. The Galaxy Hotel is also coming along nice- ly. Construction on the Museum of the American Arts of Crafts Movement, which is attached to the parking garage on Fourth Ave North, between Third and Fourth streets, continues. The mu- seum is expected to open late this year or early 2020. - Just ask Rob! Tami got a real treat recently - a helicopter tour above downtown with photographer Troy Morgan, owner of Photos From The Air. With all of the recent changes to our skyline, it was time to capture some new images. Executive He- licopter Tours provided the ride from Albert Whitted Airport, and we’d highly recommend them as well as Troy’s aerial work! THE SIMMS TEAM SHARON SIMMS 727-403-5107 [email protected] TAMI SIMMS 727-743-6262 [email protected] rob johnson 727-599-7980 [email protected] 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. Sharon, Tami and Rob all hold the highly regarded Certified Luxury Home Marketing Specialist and Certifed Residential Specialist professional designations.