330-unit apartment development planned for 6th Street in south St. Pete
/A development proposed for 6th Street South could bring new market rate and workforce housing to south St. Petersburg. Stoneweg US, an investment firm specializing in multifamily acquisitions and developments, has initiated a rezoning request for the property at 3049 6th Street South, just east of Lake Maggiore.
Based in downtown St. Pete, Stoneweg purchased the 14.73-acre site, which was previously home to the Bay and Lakeview Mobile Home Parks, in April for $6.4 million. The mobile home parks were gradually closed and cleared between 2006 and 2013 and remain vacant to this day. At one time the community had as many as 324 mobile home units resulting in an overall density of nearly 23 dwelling units per acre.
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