What's Happening at the East End of Corey Avenue?

If you've crossed the Corey Causeway this week, you may have seen an excavator working on the big fenced lot at the east end of Corey Avenue. Here's what we know about the site, what's planned for it, and what's still up in the air.

What you're seeing right now

On Nov. 10, crews began clearing brush and trees from the vacant lot where Corey Avenue meets Boca Ciega Bay, right next to the Corey Causeway bridge. Early site prep is a reasonable guess, but it's only a guess: building isn't expected to start until mid-2027 (Florida YIMBY). For now, this looks to be clearing, not construction.

If you want to take a trip down memory lane, the last two buildings on the site were Charlie's Transmissions at 75 Corey Avenue and the Blue Parrott at 85 Corey Circle. They were torn down a while back (St. Pete Rising), but you can still probably find some old photos online.

Who owns the land?

The owner is Kolter Urban, the developer behind Water Club St. Pete Beach (formerly Corey Landing). You'll also hear some people call it "Corey Landings," which is the name in city records and some news coverage.

Kolter paid $9.85 million for about 3.9 acres in late 2024, then added the 0.37-acre Charlie's Transmissions parcel for $3.5 million and the 0.23-acre Blue Parrott parcel for $1.75 million (St Pete Catalyst). That adds up to about 4.5 acres and $15.1 million in land.

How does it compare to the original plan?

This isn't the first plan us locals have seen for the east end. If you recall, back in 2016 the city proposed a Corey Avenue District Plan, which pictured this spot as "Sunrise Park": a waterfront public space and boardwalk, new housing, one- and two-story shops, a five-story parking garage, a pedestrian bridge over 75th Avenue and a repurposed City Hall. Here's the old blog about it: Sunrise Park on Corey Avenue. A few others from that series: Sunset Park, The Couplet, Gateway and Streetscape Concepts and the 2013 Summary of Findings.

Before

After

The first private plan came next. Ram Realty Advisors' Corey Landing, with 243 apartments, won city approval in March 2022, but Ram pulled out of the project in June 2023 (St Pete Catalyst; St. Pete Rising).

If you compare that to the 2016 concept, you'll see that the park and the public waterfront made it through, but the low-rise shops and the city parking garage didn't.

What the city approved

On Oct. 28, 2025, the St. Pete Beach City Commission voted 5-0 to approve Kolter's plan, through Ordinance 2025-20 and Resolution 2025-23 (The Gabber). The approved version has two eight-story buildings with 133 condos, about 11,000 square feet of shops and restaurants, a public park and a waterfront promenade.

That's smaller than Kolter's first pitch. In February 2025 it showed a 162-condo design at a community meeting (St. Pete Rising), then scaled it back. Mayor Adrian Petrila pointed to the project's "overwhelming public support" (St. Pete Rising).

The plan today

The latest report describes Water Club as 129 condos in two eight-story buildings, with retail, a restaurant, a public park, a marina and waterfront access (St. Pete Rising, Oct. 2026). Florida YIMBY adds that homes would run from one to four bedrooms plus penthouses, about 1,800 to 3,800 square feet, with about 12,000 square feet of shops and restaurants and GROH Architecture as the architect.

Rendering: Kolter Urban, via St. Pete Rising

What does the public get?

Under the city's approval, the project comes with:

• Eight public boat slips, up from four. Approval coverage counted 39 slips in all, 8 public and 31 private; newer reporting describes a 31-slip marina, so it doesn't seem like the final split is settled.
• A kayak launch and a shaded structure in the park, like a gazebo or pavilion.
• A water taxi dock and seawall repairs.
• More than 50 public parking spaces out of 400-plus.
• A one-time $150,000 payment to the city toward upkeep of the public land.

They say that the public slips will be open when the first restaurant opens or the park is finished, whichever comes first (St. Pete Rising; St Pete Catalyst).

What will it cost?

No total project cost has been published. But so far, it looks to be about $15.1 million in land and the $150,000 park payment. Condo prices haven't been announced either, so take what follows as our own back-of-the-napkin math, not real pricing.

Kolter's own Water Club Snell Isle in St. Petersburg, finished in 2014, has resold recently for about $570 to $800 a square foot (#709, #701). If you apply just those numbers here, a rough guess is that an 1,800-square-foot condo could run about $1 million to $1.4 million, and a 3,800-square-foot one about $2.2 million to $3 million. Keep in mind that Snell Isle is a 12-year-old building and those are resale prices - new construction may differ. New bayfront condos planned at Marina Bay on the Pinellas Bayway, for example, start around $1.5 million, with the smallest plans at about 1,500 square feet (Homes and Condos Tampa). Again, this is only an educated guess. Kolter hasn't released prices, and the real numbers could land lower or higher.

When could it be done?

Construction is expected to start by mid-2027 (Florida YIMBY). No completion date has been published, so we're not going to guess at one.

What will be there when it's finished?

Rendering: Water Club St. Pete Beach

If it's built as planned, the east end of Corey Avenue will have two eight-story condo buildings, shops and restaurants at street level, a public park and promenade on the water, and a marina with public slips, a kayak launch and a water taxi dock.

What to watch for next: building permits, a sales launch from Kolter, and a groundbreaking date. We'll update this post when any of those happen.

You can follow the project on its official site, waterclubstpetebeach.com, which says a sales gallery is coming soon.