Because there are lots of parts of downtown St. Petersburg that are doing so well, it seems to maybe be a bit annoying for some to bring up BayWalk, but until something ever happens to the entertainment complex, it will continue to stand as a large, lurking mass of nothing that maintains a presence downtown.
News comes this morning that a real estate services company called Colliers International has been retained to list and market the property for sale.
From a press release issued earlier today:
Even though BayWalk has not previously been listed, a number of potential buyers have expressed interest in the downtown St. Petersburg complex in recent months, which led to the decision to market it.
And though BayWalk has struggled the past couple of years, it has a prime location, one block from bustling Beach Drive, and close to such arts attractions as the Chihuly Collection, the Museum of Fine Arts and the new Dali Museum. St. Petersburg's downtown, one of the Tampa Bay region's most walkable areas, has become a bustling destination with a wide variety of shops and restaurants.
Michael Milano, CCIM, a veteran retail specialist who is a managing director at Colliers, will lead the efforts to secure a buyer for the 74,500-square-foot retail complex, which opened in 2000. Mr. Milano has over $2 billion in sales volume since joining Colliers.