The vision two Tampa Bay developers have for St. Petersburg’s Sundial is attracting interest from national, name-brand tenants — though it’s too soon to say which might end up in the redeveloped property.
Paradise Ventures, based in St. Petersburg, and Tampa-based Ally Capital Group on Thursday revealed conceptual renderings of a renovated Sundial that replace its eponymous sculpture and fountain with a lively outdoor bar and cafe seating.
Andrew Wright, CEO of Ally Capital Group, compared the Sundial overhaul to his repositioning of Westshore City Center, an office park in the Westshore business district previously known as the Austin Center.
“The Sundial has been beleaguered for several years, and part of the leasing effort is around a reintroduction of sorts,” Wright told the Tampa Bay Business Journal. “We have a lot of interest.”
Paradise and Ally are in the design phase of the project and still calculating how much square footage will be devoted to entertainment, restaurant and office space. A food hall, which the previous owner tried to bring to Sundial in 2020, is still a possibility, Wright said, as it would help build a lively vibe on the ground floor.
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