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New York style brownstones planned for downtown St. Petersburg

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Five high-end, New York-style brownstones are now planned for the downtown St. Petersburg site where a 16-story luxury condo tower once was proposed.

Frank Menna, who owns the vacant lot on First Street N and Fourth Avenue, said Wednesday that the new project is a joint venture with hotel and restaurant owner Steve Gianfilippo.

“I had the high-rise thing going there and we had so many problems with this and that,” Menna said. “I love downtown and hate giving up that property but this is going to be beautiful.”

The Brownstones, as the project is called, will have a row of five 4,000-square-foot homes with roof decks and space below for doctor or lawyer offices, Menna said. Each brownstone will have an elevator and garage.

Preconstruction prices are expected to range from $1.3 million to $1.8 million.

The site, which had been for sale for just under $2 million, is two blocks off Beach Drive with its many shops and restaurants.

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John William is a cum laude graduate of the University of Miami, and has spent his lifetime in sales and marketing. The fourth generation to join his family business, John William manages all luxury residential sales and transactions within the Tampa Bay and South Florida markets. A keen industry insider with a finger on the pulse of the area, He is an expert identifying high-return acquisition and development opportunities for hungry investors both large and small while simultaneously working with homeowners and homebuyers to buy and sell the home of their dreams… often times without the need of the MLS or a For Sale sign. He also oversees all digital and print marketing for the company, and handles all sales training for new and established agents alike. He is a member of the Board of Directors of Brookwood Florida, the oldest charity in Florida, and works to raise millions of dollars annually for local charities and museums.