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  • ALLY CAPITAL GROUP

Sundial's owners unveil a new vision for the downtown St. Pete mainstay



The owners of St. Petersburg’s Sundial have unveiled a new vision for the open-air center in downtown St. Petersburg — one that ditches its eponymous sundial sculpture in favor of an open-air bar in the property’s courtyard.


The redevelopment plans come nearly one year after Tampa-based Ally Capital Group, led by Andrew Wright, and St. Pete-based Paradise Ventures bought the Sundial in an off-market transaction from St. Petersburg businessman Bill Edwards.


“Placemaking is important, and the new Sundial is designed to be an extension of the community,” Wright said in a statement. “A place that enhances the city socially, economically and culturally. A space where celebrations are had, where business is done and where friends run into each other.”


The developers described their investment as “multimillion-dollar” and said they will update the 85,537-square-foot Sundial’s retail space and courtyard. The courtyard will be transformed with an outdoor bar, cafe-style seating and programming to draw people to the property.


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