Make us your home page
Instagram

James Museum gives St. Petersburg a new option for downtown office space

ST. PETERSBURG — Amid a hub of construction and closed sidewalks, the opening of the new Tom and Mary James Museum of Western and Wildlife Art is months away, but leasing for its prime downtown retail and office space has begun.

The museum at 100 Central Ave. is where 400 to 500 pieces of Tom and Mary James' extensive art collection will be on display.

The Sembler Co. has begun marketing the ground-floor retail units, while Echelon Real Estate Services is leasing office space on the second floor.

Mike Talmadge, executive vice president at Echelon, said the firm already has several prospects for the 20,769 square feet of office space, but added that it is too early to reveal who they are.

"The occupancy downtown is very tight and there is very little quality space left," Talmadge said. "The James Museum building probably has one of the largest blocks of contiguous office space in downtown St. Petersburg."

Echelon is offering the space at a starting rate of $26 per square foot, he said.

Steve Althoff, senior vice president of leasing for Sembler, said the company is leasing about 13,000 square feet on the east side of the Central Avenue building and 7,600 square feet on the west side.

He said they're looking for an "upscale restaurant" for the western side.

"On the east side, we are looking for retail and service-type tenants," Althoff said. For example, he said, offices for doctors and lawyers, a spa, an upscale barber shop or hair salon, jewelry store and dress shop.

Both retail and office spaces are expected to be occupied when the museum officially opens in early 2018. The James Museum is taking shape on the south side of Central Avenue, across from the One, a major construction project that includes a 41-story condo tower and hotel. The museum has also begun advertising for an executive director.

Tom James, chairman of Raymond James Financial — who stepped down last week and will now be known as emeritus chairman — has collected more than 3,000 pieces of art with his wife over the years. Besides being home to a large selection of the couple's works of art, the new museum also will include an American Indian jewelry collection.

The 80,000-square-foot James Museum will have more than 30,000 square feet of gallery space. It will feature a 2,500-square-foot, two-story indoor sculpture court with an indoor waterfall. It will also have a 120-seat theater, a 6,000-square-foot museum event space, a catering kitchen, a museum store, a cafe and a high-end restaurant.

James Museum gives St. Petersburg a new option for downtown office space 02/20/17 [Last modified: Thursday, February 23, 2017 7:52pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Airbag maker Takata bankruptcy filing expected in Japan, U.S.

    Corporate

    DETROIT — Japanese airbag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of faulty air bag inflators.

  2. Federal agencies demand records from SeaWorld theme park

    Tourism

    ORLANDO — Two federal agencies are reportedly demanding financial records from SeaWorld.

    Killer whales Ikaika and Corky participate in behaviors commonly done in the wild during SeaWorld's Killer Whale educational presentation in this photo from Jan. 9. SeaWorld has been subpoenaed by two federal agencies for comments that executives and the company made in August 2014 about the impact from the "Blackfish" documentary. 
[Nelvin C. Cepeda/San Diego Union-Tribune/TNS]
  3. Legalized medical marijuana signed into law by Rick Scott

    State Roundup

    TALLAHASSEE — Gov. Rick Scott on Friday signed into law a broader medical marijuana system for the state, following through on a promise he made earlier this month.

    Gov. Rick Scott signed legislation on Friday that legalizes medical marijuana in Florida.
  4. Line of moms welcome Once Upon A Child to Carrollwood

    Business

    CARROLLWOOD — Strollers of all shapes and sizes are lined up in front of the store, and inside, there are racks of children's clothing in every color of the rainbow.

    At Once Upon A Child, you often as many baby strollers outside as you find baby furniture and accessories. It recently opened this location in Carrollwood. Photo by Danielle Hauser
  5. Pastries N Chaat brings North India cuisine to North Tampa

    Business

    TAMPA — Pastries N Chaat, a new restaurant offering Indian street food, opened this week near the University of South Florida.

    The menu at Pastries N Chaat includes a large variety of Biriyani, an entree owners say is beloved by millions. Photo courtesy of Pastries N Chaat.