Two Affordable Housing Communities Coming to Historic Kenwood
/It is no secret that St. Pete is currently experiencing a huge building boom. Nearly 2,300 rental units are either under construction or proposed for the city over the next few years. Just take a walk through downtown and you are bound to run into numerous apartment communities in some stage of development. A commonality between the majority of these projects is that they are building luxury apartments with top-of-the-line amenities that will be leased at premium rates.
As a result, one of the most frequent questions we are asked is, "Where is all of the affordable housing being built?" And up until recently, we didn't have a great answer to that question. Then we learned about the Green Mills Group, a real estate development firm from Ft. Lauderdale, and their plans to bring affordable housing to St. Pete.
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