Historic home relocated for construction to begin on The Nolen

The historic two-story home that operated as the Watergarden Inn from 2012 until last year was successfully relocated.  The home, designated as a local historic landmark, moved approximately three quarters of a mile from 4th Ave. N. in downtown St. Petersburg to the Historic Round Lake area.  Construction on The Nolen, the newest boutique condominium in downtown St. Petersburg, […]

Northeast St. Petersburg landmark is purchased

St. Petersburg-based Backstreets Capital has purchased the Open Bible Church campus in Northeast St. Petersburg with plans to demolish the existing structures and build single-family homes. Full story.

Sales launch for The Residences at Orange Station

Five months after demolition commenced, the former St. Pete Police Department headquarters is now completely razed paving the way for a new mixed-use project in downtown St. Pete – Orange Station at the EDGE. Read story.

Craig Sher moderates Meeting of the Minds

Backstreets Capital Chairman Craig Sher moderated the highly anticipated Society of Real Estate Professionals (SOREP) Meeting of the Minds event last month.  Sher and the panelists discussed how deals are accomplished in today’s landscape and how to be well positioned for future cycles in the Florida real estate market. Craig’s participation in the event was heralded […]

Demolition set for old St. Pete Police site

Developers turning the site of the old St. Petersburg Police headquarters into a mixed-use project have revised their plans, in part because of Covid-19. Edge Central Development Partners now plans to build less office space and more workforce housing and could add a hotel into the mix. The St. Petersburg City Council voted unanimously Thursday […]

23-story condo building, The Nolen, proposed for downtown St. Pete

The latest high-rise condominium project planned for downtown St. Pete is a 23-story tower named The Nolen. The Nolen will be located just one block off of Beach Drive at 126 4th Avenue Northeast and is being developed by Bowen Arnold and John Schilling at DDA Development and Backstreets Capital. The luxury condominium building is […]

St. Pete real estate veterans open an office in the city’s next hot spot

Backstreets Capital, a family investment firm, has set up shop in a former law office on Mirror Lake Drive. It’s the first public-facing office for the company, co-founded in 2014 by Will Conroy and Craig Sher, and it is meant to demonstrate Backstreets’ commitment to St. Petersburg, the company said. Backstreets  is part of the […]