An expansive and hotly-debated redevelopment project in Coquina Key has taken a significant step to move forward with plans to revitalize Coquina Key Plaza. After receiving approval on an amendment to the zoning map, the 14.2-acre project led by St. Pete-based real estate investment firm Stoneweg plans to bring a significant amount of housing and at least 20,000 square feet of retail space to the property located at 4350 6th Street South and 575 45th Avenue South.
Stoneweg later shared a revised developer’s agreement, specifically with regards to the retail space of the project, at which point the City Council could give the development a formal greenlight. Of course, while it appears the project is likely to move forward, further discussion and community input could potentially de-rail plans. Read More.
