Latest news with #Guerra
Yahoo
6 days ago
- Business
- Yahoo
Construction to begin on St Petersburg's $800 million SkyTown development
A mixed-use development that will bring thousands of apartments and a grocery store to St. Petersburg's SkyWay Marina District is starting to take shape after receiving funding from public and private backers. The project, dubbed SkyTown, is slated for the former Ceridian office campus at 3201 34th St. S. Coral Gables-based developer Altis Cardinal bought the 32-acre property in 2021 for $40 million. 'We're the largest community that has been approved in all of St Pete,' said Frank Guerra, principal of Altis Cardinal. 'We're putting a 24-hour kind of living situation together on this one 32-acre parcel.' It will be built in six phases and is expected to cost between $750 and $800 million. Once complete, it will add 2,084 apartments, 69,000 square feet of retail space including a Sprouts Farmers Market and 120,000 square feet of self-storage. This is the first Sprouts Farmers Market to open in St. Petersburg, and is slated to open in October. It joins four other locations in Pinellas County and 19 around Tampa Bay. On Tuesday, Altis Cardinal, secured a $68 million construction loan from Third Fifth Bank, according to records filed with the Pinellas County Clerk's Office. The developer also got approved for a $4.5 million forgivable loan from the City of St. Petersburg in April and a $5.5 million allocation from Pinellas County through the Penny for Pinellas sales tax. All this funding will go toward the first phase, which will feature 401 apartments and 12,000 square feet of ground-floor retail. Of those apartments, 121 will be designated as workforce housing. About half will be reserved for households that earn up to 120% of the area median income, which is currently about $87,600 for a single person or $125,160 for a family of four. The other half will be for those who earn up to 80% of the area median income — $58,450 for a single person or $83,450 for a family of four. People could start moving in by the the third quarter of 2027. Guerra said they're already in talks to fill the retail space below. He envisions something neighborhood-oriented like a wine bar, restaurant, coffee shop, bakery or day spa. Building out the entire project could take eight to ten years. The Skyway Marina District is currently undergoing a transformation, with at least four other residential projects popping up within a stone's throw of SkyTown. But Guerra said what sets his development apart is the 'town-square' feel it will have. 'We are making a walkable community where people can get everything they need on site,' said Guerra. 'We think our retail will draw people from outside the area.'
Miami Herald
28-05-2025
- Miami Herald
Two anglers caught with dead parrotfish, big no-no in fishing circles. Deputy cites them
Two Homestead men were given notices to appear in court after a Florida Keys deputy found them with dead parrotfish Monday, according to the Monroe County Sheriff's Office. Deputy Willie Guerra, one of the sheriff's office's well-known marine patrol deputies, was making the rounds around 2:45 p.m. on Memorial Day when he saw the men fishing from the Long Key Bridge in the Upper Keys near Marathon. Guerra checked the men's catch and found two dead parrotfish, said sheriff's office spokesman Adam Linhardt. The species is off-limits for food harvesting in Florida. Keeping parrotfish requires a special license for those seeking to catch them alive for saltwater aquariums, according to Florida law. Those thinking about flouting the rules have perhaps bigger concerns than breaking the law. Parrotfish are know to carry ciguatera because they use their tell-tale buck teeth to feed off the coral reef. Ciguatera is found in the algae that grows on reefs in tropical and subtropical waters surrounding the Keys. Fish that feed off the reef ingest the toxin in their flesh, and it moves up the food chain as those fish are eaten by bigger fish. People who eat those fish risk being infected. That's why it's a generally a bad idea to eat not only parrotfish, but also species like barracuda, which are legal to harvest. Popular restaurant favorites like mahi mahi, hogfish and grouper can also carry ciguatera, scientists say, but it's much less common. People poisoned from eating fish containing the toxin experience unpleasant gastrointestinal, neurological and even cardiac symptoms that typically resolve within a few days, but could last weeks, according to Johns Hopkins School of Medicine. It's odorless and colorless and can't be eliminated by cooking the fish.
CBS News
22-05-2025
- CBS News
Head of Miami-based Cuban nationals theft ring convicted, faces jail time and deportation
The head of a Miami-based theft ring has been convicted of grand theft and dealing in stolen property, and now faces jail time and deportation. Oscar Guerra operated a ring composed of Cuban nationals that stole trailers, RVs, boats, campers, and other large vehicles, resulting in a total loss of more than half a million dollars, according to the state's attorney general's office. Guerra and members of the ring rented cars and then traveled upstate to commit at least 10 thefts in the Ocala area, according to state prosecutors. In one theft, Guerra's group stole a travel trailer from an 80-year-old victim and then sold the trailer in Flagler County. A jury found Guerra guilty of one count of grand theft of more than $20,000 and one count of dealing in stolen property, both are second-degree felonies. "This criminal alien took advantage of Floridians and our nation, and his behavior earned him some time with the Florida Department of Corrections," Florida's Attorney General James Uthmeier said in a statement. "He'll pay his debt to the people of Florida, and then we'll punch his ticket out of here." Guerra faces up to 60 years in prison and will be deported after his sentence is complete.
Fashion Network
14-05-2025
- Business
- Fashion Network
Prada CEO Andrea Guerra says uncertainty triggered by tariff war is concerning
'I'm not concerned by tariffs, but by the uncertainty that this [tariff war] has created. It's clear that we're heading for less than wonderful times, but we have the conditions for doing well,' said Andrea Guerra, CEO of the Prada group, speaking at the Family Business Forum held in Arezzo, Italy. 'Of course young people are leaving Italy, the important thing is that they come back eventually, it's clear that it's good for them to go. I think the really big opportunity is finding people who have been out [of the country] and bringing them back,' he added. 'We've come to a generation that no longer cares whatever someone in America might say. My children have a different perspective, they look to see if someone walks the walk as well as talking the talk. They reason differently, and the world is in their hands, in the hands of the 30-35-year-olds, whatever Mr Trump says,' said Guerra. 'In four to five months we will begin a journey with a label, [Versace], that has been one of the founders of luxury fashion in Italy. We're talking about an exceptional name that surely has lost some of its shine, but over the course of one to five years we will try to understand how far we can take it again,' added Guerra. 'In the luxury sector, patience is not a complementary ingredient, it's an essential one, as are the calm and tranquillity of starting a fresh journey in the right way,' he concluded.
Fashion Network
14-05-2025
- Business
- Fashion Network
Prada CEO Andrea Guerra says uncertainty triggered by tariff war is concerning
'I'm not concerned by tariffs, but by the uncertainty that this [tariff war] has created. It's clear that we're heading for less than wonderful times, but we have the conditions for doing well,' said Andrea Guerra, CEO of the Prada group, speaking at the Family Business Forum held in Arezzo, Italy. 'Of course young people are leaving Italy, the important thing is that they come back eventually, it's clear that it's good for them to go. I think the really big opportunity is finding people who have been out [of the country] and bringing them back,' he added. 'We've come to a generation that no longer cares whatever someone in America might say. My children have a different perspective, they look to see if someone walks the walk as well as talking the talk. They reason differently, and the world is in their hands, in the hands of the 30-35-year-olds, whatever Mr Trump says,' said Guerra. 'In four to five months we will begin a journey with a label, [Versace], that has been one of the founders of luxury fashion in Italy. We're talking about an exceptional name that surely has lost some of its shine, but over the course of one to five years we will try to understand how far we can take it again,' added Guerra. 'In the luxury sector, patience is not a complementary ingredient, it's an essential one, as are the calm and tranquillity of starting a fresh journey in the right way,' he concluded.
