A once-sleepy industrial stretch along Salt Creek in south St. Pete is on the cusp of major transformation as Clearwater-based real estate company Prometheus Partners has quietly assembled more than 10.5 acres of contiguous property just south of downtown.
Over the past few years, the group has spent over $43.7 million acquiring a portfolio of waterfront parcels in the Old Southeast neighborhood.
Now, newly filed plans suggest a redevelopment may be in motion, one that could dramatically reshape this underutilized waterfront into a lively mixed-use neighborhood…