Grand Bohemian (Saint Petersburg, FL)
By Sharon Simms, St. Petersburg FL - CRS CIPS CLHMS RSPS
(Coastal Properties Group International - Christie's International)
The Kessler Group has asked for a 3 year extension on the commencement of construction for their Grand Bohemian Hotel in downtown St Petersburg Florida. I say - Yes, by all means, extend their deadline. The Grand Bohemian St Petersburg, which started as luxury residences atop a luxury hotel, went through a few changes that decreased the condos units and increased the hotel units until it was all hotel. The high road is: Richard Kessler has put a lot of time, money and passion into this hotel project. Hotel financing is nearly non-existant. Why not say THANKS for your efforts, and yes, we'll extend your deadline. The low road is: what is the alternative? No one is beating down the City's doors to build either a hotel or a new luxury condo. Is the alternative another empty lot downtown? W...
Comments 7
By Sharon Simms, St. Petersburg FL - CRS CIPS CLHMS RSPS
(Coastal Properties Group International - Christie's International)
Nearly every day I drive by the Grand Bohemian site at the northwest corner of 1st Ave N and 2nd St N in downtown St Petersburg and still see the fencing and banners for the Grand Bohemian. It started with several floors of luxury condominiums above the hotel facilities, including one really prime unit on each floor. Their timing was off - condo sales were heading down. A couple of times they reconfigured the building, reducing and condos and increasing hotel rooms until finally it was all hotel. Now is their deadline for starting construction, and hotel financing is nearly impossible to obtain. The Kessler Group has asked the St Petersburg City Council to extend their building deadline for another 3 years. City Council will meet on March 19 and will address this request then. St Peters...
Comments 0
By Richard M. Nappi
(HomeXpress Realty 813-546-9725)
Grand Bohemian Hotel & Residences Downtown Waterfront St Petersburg Florida Search All Saint Petetersburg Homes For Sale Now If you're interested in buying a new home in Saint Peterburg. We can help your find new home builders that will show you communities, neighborhoods, and multiple home models in Tampa or throughout Pinellas County. Custom MLS Search all Saint Pete Beach/Condominiums Homes for sale now By combining their individual talents, knowledge, and expertise. Nappi Group will ensure you a professional service you will be happy with, whether it is buying or selling your home in the South Shore and Tampa area. Below are our home listings. Click on the picture below to obtain more information on the home. We are able to gather information on any home or help you purchase any ho...
Comments 0
By Sharon Simms, St. Petersburg FL - CRS CIPS CLHMS RSPS
(Coastal Properties Group International - Christie's International)
Richard Kessler announced yet another redesign of the Grand Bohemian Hotel and Condos, scheduled to rise on the northwest corner of 2nd St and 1st Avenue North. Condo residences associated with a luxury hotel generally command a premium of 25-30%, a touch sell in a market with so many condos available.The Grand Bohemian St Pete will reduce the number of condos from 52 to 22 and will increase the number of rooms by 32, making a total of 292. Groundbreaking is scheduled for next spring, with completion early in 2010.For information on these and other downtown St Pete condos, contact The Simms Team, RE/MAX Metro, 201 2nd Ave N., St Petersburg, FL. Phone (727) 866-0048  e-mail: sharon@simmsteam.com  blog.ssimms.com      www.ssimms.com 
Comments 0
By Sharon Simms, St. Petersburg FL - CRS CIPS CLHMS RSPS
(Coastal Properties Group International - Christie's International)
Kessler closed on the land purchase from the City of St Petersburg in August and announced a November ground-breaking. Word now is that in order to start the hotel project more rapidly that the number of condominium units is again being cut, from 50 down to 22. No increase in hotel rooms this time, so the building will be reduced from 32 floors down to 26 floors, with the two 2-story penthouses occupying the 25th and 26th floors. The building plans will need to be redone, so groundbreaking is now expected in February 2008. The completion of the project is still estimated for November 2009 - no delay in that since there will be less building. Sharon Simms, Real Estate Agent selling homes in St. Petersburg, Florida, the Gulf Beaches and the Tampa Bay area.   
Comments 0
By Sharon Simms, St. Petersburg FL - CRS CIPS CLHMS RSPS
(Coastal Properties Group International - Christie's International)
On August 15th the Kessler Group wired $1,500,000 to the City of St. Petersburg and closed on the purchase of land on the northeast corner of 1st Ave N and 2nd St N, where they will be building the Grand Bohemian Hotel and Residences, a luxury magnet in downtown St.Petersburg. The 52 condos will start on the 21st floor and will share the hotel's amenities.  By 2009 you could be having room service deliver your morning Eggs Benedict, then have the masseuse arrive for your morning massage - take a dip in the pool, do some shopping nearby, and have the chef prepare the food for your party this evening. Construction should start this fall and completion should be in fall-winter 2009. Pre-construction prices are still available.Sharon Simms, Real Estate Agent selling homes in St. Petersburg,...
Comments 0
By Marc Vitorillo
(Florida Team Realty)
Great news for the hotel-condo project in downtown St Peterburg. The Grand Bohemian Hotel & Residences in St Petersburg will be a cultural landmark for residents and visitors offering first-class services to accommodate guests. It has just been announced that Kessler Enterprise Inc. purchased the land for the future site of the Grand Bohemian Hotel & Residences from the city of St. Petersburg for the price of $3.3 million. From The Tampa Bay Business Journal "No progress has been made on the development since it was first announced in May 2005, but Richard Kessler, president and chief executive officer of Kessler Enterprises, said in a release that construction would begin this fall and end in the fall of 2009." The Kessler Collection currently owns other projects in Florida, including ...
Comments 2
Saint Petersburg, FL Real Estate Professionals