The company has sold its Seminole facility and will lease an entire floor in a downtown St. Pete office tower.
Wendy Giffin, senior director at Cushman & Wakefield Inc., confirmed the company has leased an entire floor of office tower 200 Central, which is roughly 8,200 square feet. Giffin said with this headquarters move, 200 Central is now fully leased.
Ark confirmed the move in a news release, saying the company plans to locate in St. Petersburg effective Nov. 1 and plans to break ground on the Ark Innovation Center in 2022. Its new headquarters will be in 200 Central, an office tower in downtown St. Pete.
New York-based ARK Investment Management LLC, an investment adviser focused solely on investing in disruptive innovation, will relocate its corporate headquarters to St. Petersburg and will also take part in building an incubator.
Thank you Michael Fisher and Robert Teachy for bringing Industrious to 200 Central in Downtown St. Petersburg.
Coworking operator Industrious has signed a deal for three floors in 200 Central in downtown St. Petersburg — its fourth location in the Tampa Bay region and its second with Third Lake Partners.
Industrious doesn't sign leases with landlords; instead, it signs property management agreements, similar to a hotel flag. Its St. Petersburg location will be 37,000 square feet. Construction costs were not disclosed, but office buildout costs in urban environments average around $200 per square foot, which would peg the Industrious buildout at just over $7 million.
It is set to open in the second quarter of 2021. The Perry Co. of Ybor City has been hired as the general contractor.
200 Central, the tallest office building in downtown St. Petersburg, will be home to coworking operator Industrious.
In a partnership with Third Lake Partners LLC, an investment advisory firm in Tampa, Industrious will operate nearly 37,000 square feet at 200 Central on the third, fourth and fifth floors.
The new site, Industrious 200 Central, will feature shared workplaces for teams of various sizes. It’s set to open in the second quarter of 2021, with sales for the space beginning in January, a news release said.
Two years after buying downtown St. Petersburg's most iconic office building, owner Third Lake Capital has unveiled a series of improvements
by: Kevin McQuaid Commercial Real Estate Editor
Thank you to Paul Fischetti with Colliers International for bringing the latest Nocturnal Hospitality Group concept Taverna Costale to 200 Central in Downtown St. Petersburg.
200 Central is proud to be the new headquarters of Dynasty Financial Partners, a billion dollar wealth management company that is relocating from New York. Thank you to CBRE’s Robert Teachey for representing Dynasty Financial Partners in the lease.
Thanks to Dan Quarles and Austin Karrick with Commercial Partners Realty for representing Benco Insurance as a new tenant to 200 Central.