Source: St. Pete Catalyst
September 5, 2024
St. Petersburg’s Development Review Commission has set a new standard for historic preservation in modern development, unanimously approving Backstreets Capital’s innovative $17 million plan that will restore the historic Cade Allen home while adding new residences to the Mirror Lake district.
The approved project at 250 Mirror Lake Drive North will preserve 57% of the property and repurpose historical materials, earning praise from both preservation advocates and city officials for its thoughtful approach to neighborhood development.
"This speaks volumes and sets a precedent for others to follow," noted Commissioner Tim Clemmons during the approval process.
Project Requirements
- Substantial construction must begin by September 2027
- Public art installation or contribution to city fund required
- Strict preservation guidelines for the Allen Home
- City approval needed for landscaping, streetscaping, and materials
- Any significant changes would void the development agreement
Development Team
- Lead Developer: Backstreets Capital
- Restoration Design: EDAD Studio
- Historical Construction: All Trades Historical Restoration
- Architecture: Place Architecture
Preservation Details
- Restoration of 4,000-square-foot 1937 Cade Allen home
- Salvaging of historic materials from garage for new construction
- Mediterranean Revival elements incorporated into new design
- Preservation of 57% of the property
- Conversion of office space back to original residential use
Timeline and Scope
- Early 2025: Restoration work begins on Allen Home
- September 2027: Deadline for substantial construction
- Site: 0.47 acres at 250 Mirror Lake Drive North
- The Cade: Seven-story, 18-unit luxury condominium
Location
Source: Original Article by Mark Parker
Published: September 5, 2024
