Bohemian Hotel site in downtown St. Pete sold
By Ashley Gurbal Kritzer
Tampa Bay Business Journal
Published: Oct 19, 2015

The Grand Bohemian Hotel site in downtown St. Petersburg, once slated for a 32-story mixed-use tower, has been sold.

GM St. Pete LLC, which is tied to Greenfield Partners and Starboard Capital, both based in Connecticut, paid $8.75 million for the site in late September, according to Pinellas County property records.

Michael Bradley, Greenfield's chief investment officer, did not immediately return requests for comment Monday.

The site is in the heart of St. Pete's urban core, in the northwest corner of First Avenue North and Second Street, across the street from Jannus Landing. Sponsored by People on the Move David Beyer David Beyer Quarles & Brady LLP Tramm Hudson Tramm Hudson Trust Companies of America, parent of Caldwell Trust Company Sandra Young Sandra Young Goodwill Industries-Suncoast, Inc. See More People on the Move î • Greenfield Partners already has a presence in the Bay region - it paid $78 million for the Wells Fargo Center in downtown Tampa last year, though Tampa investor Larry Feldman re-acquired an ownership stake in the tower in early 2015. At the height of the commercial real estate market, Orlando-based The Kessler Enterprise had ambitious plans for the site, a $140 million tower that was to include condominiums and hotel rooms. But those plans fizzled when the market crashed. Ashley Gurbal Kritzer is a reporter for the Tampa Bay Business Journal.