Proposed
| Location | Class | Floors |
|---|---|---|
| 275 5th St S | Mixed-Use | 24 |
| Units | Completion | Website |
|---|---|---|
| 367 Apartments 6,000 SF Retail |
Early 2026 | Click Here |
Proposed
Proposed
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Community Supporters
The City of St. Petersburg’s Community Redevelopment Agency has approved a 22-story residential building proposed for 511 3rd Avenue South, currently home to an office building, a surface parking lot, and undeveloped land.
The property is owned by a subsidiary of EquiAlt LLC, a financial management company headquartered in Tampa.
In 2020, the company was accused by the U.S. Securities and Exchange Commission of perpetuating a $170 million Ponzi scheme and misappropriating investors’ money. That case, Securities and Exchange Commission v. EquiAlt LLC. et al., is a civil action that resulted in EquiAlt going through a receivership process to return investors’ funds.