Kolter buys prime development site in St. Pete Beach
By Henry Queen
Tampa Bay Business Journal
Published: Nov 4, 2024

A South Florida condo developer that's been active in Tampa Bay for a decade has purchased St. Pete Beach property that was once slated for a $100 million mixed-use project.

Kolter Urban, based in Delray Beach, closed on approximately 3.9 acres on Corey Avenue for $9.85 million, according to a Pinellas County deed filed on Monday. An entity linked with Fortress Investment Group was the seller.

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