More than 100 people attended a meeting to hear developer Robert Fleeting describe the proposed $60 million, 248-unit, 12-story twin-tower hotel. Many questions were raised including positioning of the new buildings, public beach access, and when construction would start. Another question was will it be a hotel, condotel, or timeshare? That will depend on the… Read More
Coral Reef Resort Could Be Redeveloped
There will be a public meeting at 7:30 p.m. Thursday at Warren Webster Community Center, 1500 Pass-a-Grille Way. The developer, Coral Reef Partners LLC wants to demolish the 45 year old hotel and replace it with a $60 million timeshare or hotel. Plans include a new 12 story building – 10 floors of condos over… Read More
Coral Reef Resort on St Pete Beach Sells For $7.3 Million
The Coral Reef Hotel on St. Pete Beach has been sold for $7.3 million to Coral Reef Partners LLC. In addition to the hotel, buyers also purchased the lease on Bongo’s, the hotel’s beach bar/restaurant, for $1 million. The 60-room facility will continue to operate as the Coral Reef Beach Hotel, renovations are underway to… Read More
