304-unit apartment development filed under Florida's Live Local Act proposed for 22nd Avenue North in St. Pete
/The City of St. Petersburg has received its first development application filed under Florida’s Live Local Act. The proposed development is located at 3100 22nd Avenue North and currently consists of a retail plaza that houses JB Factory Flooring and Studio Physique, a fitness studio.
The 7.27-acre site is owned by ZSPR PROPCO of Tampa, LLC and is under contract for purchase and development by Houston-based The Hanover Company, a private real estate developer.
A purchase price was not disclosed.
The proposed Hanover development will include 304 apartments which consist of 196 one-bedroom apartments and 108 two-bedroom apartments. All the units will rent to households earning at or below 120% of the area median income (AMI).
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Peacock Home, a shop specializing in vintage finds, globally sourced décor, and locally made goods, will open October 1st in St. Petersburg’s Grand Central District.
The 1,100-square-foot store will occupy the second floor of the building at 2635 Central Avenue, home to Hostess, a gift shop and event space.
It is the first brick-and-mortar retail venture from longtime St. Pete resident and interior designer Erika Basher.
Peacock Home grew out of a five-day pop-up Basher held at Hostess six months ago.
She rented a moving truck, brought in a collection of furniture, décor, and other finds, and sold nearly everything within five hours of opening.
“I’ve always been into interior design. It’s 100% a passion of mine,” Basher said in a conversation with St. Pete Rising. “I’ve made my living doing it, but I’ve never opened up a retail store.”