Tuesday, November 21, 2017
Business

Regions Bank builds across from Florida Craftsmen Gallery; Birchwood Inn delayed

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ST. PETERSBURG

Regions building a bank across from gallery

The southeastern corner of the 500 block of Central Avenue will have a fresh look come June. Regions Bank has broken ground on its new office at 526 Central Ave., across from the Florida Craftsmen Gallery.

About 15 employees will move from the current office at 260 First Ave. S to the two-story brick building.

The Birmingham bank paid $1.8 million and razed the building that formerly housed a jazz club, restaurant, cigar lounge and real estate offices. Bank spokeswoman Cindy McGarrigle couldn't release the projected cost of the office, which will be 7,500 square feet.

ST. PETERSBURG

Birchwood Inn opening delayed

The Birchwood Inn, undergoing major renovations and additions on Beach Drive, will open in February or later instead of December as owner Chuck Prather had planned. Much of the 1922 hotel was dismantled by hand so the original shell could stay intact.

The inn will feature a "world fusion" restaurant on the ground floor, a ballroom on the fourth floor, and a rooftop South Beach-style lounge.

Prather bought the distressed property from Cornerstone Bank for $1.8 million in 2011. He said he will spend more than $6 million on renovations and additions.

Katherine Snow Smith, Times staff writer

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