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Ferg's Beach Shack Bar is sued, bank seeks possessions

ST. PETERSBURG

Ferg's beach bar sued, bank seeks possessions

Synovus Bank is suing Ferg's Beach Shack Bar and Grille and four individuals, saying the business has defaulted on a 2008 loan and owes $65,817. Synovus is asking to recover possession of property at 1320 Central Ave., along with equipment and furnishings. The Beach Shack Bar is a separate business entity, registered with the state in 2004, from Ferg's Sports Bar and Grill, which opened in 1992. Ferg's, near Tropicana Field, is a go-to spot for Rays fans. Mark Ferguson, who owns both businesses, declined to comment on the suit.

ST. PETERSBURG

Land owner retracts plans for condo

Looks like there may not be a condo tower replacing the Mansion by the Bay house after all. Lee Allen, who bought the property at 145 Fourth Ave. NE in June, has withdrawn his application for a variance. He had asked the city to reduce the required amount of space between a proposed condo tower and the neighboring Presbyterian Towers and Townview Condominiums. Residents on either side feared a condo building would affect their view and sunlight, but city staff supported the variance. Allen's plans called for a 10-unit, 150-foot tower. But three days before the council was to vote, he notified the city's Planning Department that he was withdrawing the plan. Allen said he is not sure whether he will sell or develop the property.

Katherine Snow Smith, Times staff writer

News of businesses can be faxed to (727) 893-8675, e-mailed to neighborhood@sptimes.com or mailed to Neighborhood Times, 490 First Ave. S, St. Petersburg, FL 33701. Photos can be e-mailed as jpegs.

Ferg's Beach Shack Bar is sued, bank seeks possessions 05/10/11 [Last modified: Tuesday, May 10, 2011 4:38pm]
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