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Salt Creek Office Building Redevelopment

Sector: Warehouse • Location: St. Petersburg, Florida, United States

Source: The Business Journals

Project
Planned

Odyssey Real Estate Development, linked to Clearwater-based Prometheus, plans to redevelop a 12-acre waterfront property in St. Petersburg's Old Southeast neighborhood. The project involves removing the existing building at 1351 Bay St. SE and constructing a new four-story office building of 5,826 square feet on the existing concrete slab. The site was previously home to a shipyard and a warehouse

Status
Prospective
Sector
Warehouse, Residential, Seaport, Cement, Commercial
Location
St. Petersburg, Florida, United States of America
Updated
22 Jul 2026
Source
The Business Journals

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Project Information

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The project “Salt Creek Office Building Redevelopment” is an infrastructure initiative in the Warehouse sector, located in St. Petersburg, Florida, United States. Taiyo aggregates data on it from The Business Journals.

Participants

Company

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Odyssey Real Estate Development, linked to Clearwater-based Prometheus, plans to redevelop a 12-acre waterfront property in St. Petersburg's Old Southeast neighborhood. The project involves removing the existing building at 1351 Bay St. SE and constructing a new four-story office building of 5,826 square feet on the existing concrete slab. The site was previously home to a shipyard and a warehouse along Salt Creek. Prometheus has invested $49.7 million in acquiring 11.9 acres of property along Salt Creek, including the Salt Creek Marina and a warehouse at 1499 Beach Drive SE.

Original sector

Built Sector

Budget

Location

Country

United States of America (USA)

State

Florida

City

St. Petersburg

Source

Source

The Business Journals

URL

More Details

Record type

Project

Sector

Warehouse, Residential, Seaport, Cement, Commercial

Article published date

2025-09-16

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