One of the largest residential projects currently in development in St. Petersburg will now include affordable housing thanks to financial support from Pinellas County.
On Tuesday, the Pinellas County Commission unanimously approved $5.5 million for the construction of the first phase of Sky Town, which is expected to break ground in March and include 401 apartments, 121 of which will now be affordable.
Sky Town, which is being developed by Coral Gables-based Altis Cardinal, is a massive mixed-use development expected to bring 2,084 apartments across six five-story buildings to 3201 34th Street South in the Skyway Marina District.
The project, which sits on 34.2 acres, will also include over 80,000 square feet of retail space, 22,500 square feet of office space, 4,000 parking spaces, and 119,160 square feet of self-storage space.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
More than 85 seniors earning low-income wages have a new modern apartment in St. Pete to call home.
Earlier today, developer Blue Sky Communities and Park & Eleazer Construction cut the ribbon on the new 85-unit Bear Creek Commons affordable housing complex at 635 64th Street South in west St. Pete, adjacent to Bear Creek, a 2.7-mile stream that flows to Boca Ciega Bay.
The property was previously home to Grace Connection Church before construction commenced in 2023.
Three development groups are vying to redevelop a South St. Pete property, once home to a historic cultural landmark, into a mixed-use destination with affordable housing and retail.
The new proposals were received after the City of St. Petersburg issued a request for proposals (RFP) for developers interested in redeveloping the three vacant parcels at 951 22nd Street South, a site that once housed the historic Merriwether Building, which supported and housed African American and Jewish entrepreneurs when racial and social restrictions were in place.
The developers that submitted proposals include South Florida-based Green Mills Group, Fort Lauderdale-based real estate and development firm Alexander Goshen and partner Goode Van Slyke Architecture, and not-for-profit group Making Opportunities Materialize Inc. (MOM).
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
A South St. Pete property, once home to the historic cultural landmark, may be redeveloped.
The City of St. Petersburg issued a request for proposals (RFP) for developers interested in redeveloping three parcels at 951 22nd Street South.
The city is aiming to have the parcel transformed into a mixed-use project encompassing affordable housing, retail, event space, and/or a restaurant.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Two new residential projects that will create 164 affordable housing units are poised to receive millions of dollars through Pinellas County taxes and other funding sources.
This week, Pinellas County Commission Commissioners unanimously approved two separate funding requests for the 80-unit Flats on 4th apartments in St. Petersburg and the 84-unit Cypress Grove Apartments in Largo.
Archway Partners, an affordable and workforce housing real estate company with offices in Miami and Orlando, will work with Pinellas County and both cities to invest more than $69 million in the two apartment communities.
Flexible language around promises to bring affordable housing to the area and the lack of transparency on the Tampa Bay Rays partnership agreements are at the top of city council members' minds.
St. Petersburg City Council members met as the Committee of the Whole (COW) Tuesday morning to analyze the details and recent tweaks made to agreements for both the proposed Rays stadium and the Historic Gas Plant redevelopment just two days before they cast their final vote.
The $6.5 billion development, which is being spearheaded by The Rays and Hines, would transform 86 acres in the heart of downtown St. Pete into an 8-million-square-foot mixed-use district anchored by a new ballpark - becoming the largest project to ever commence in Tampa Bay.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Two nonprofits are joining forces to create more affordable housing and resources for St. Pete's low-income and homeless population.
Nonprofits St. Vincent de Paul CARES, which strives to end homelessness, and Ability Housing Inc., a developer of affordable multifamily housing — operating as a joint venture Ability SVdP LLC — have commenced site work for a new 73-unit affordable housing project.
The six-story development, dubbed Vincentian Village, is under construction at 401 13th Street North adjacent to St. Vincent de Paul CARES’ Center of Hope shelter.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Local developers and homebuilders are vying to acquire and redevelop a St. Pete College site into an affordable housing community.
St. Pete Rising has obtained the proposals developers submitted to the City of St. Petersburg proposing to bring affordable workforce townhomes to the 5.24-acre site at 7045 Burlington Avenue North in west St. Pete.
The city and selected partner will market the units to St. Pete College students, staff, and low-income residents seeking homeownership.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Pinellas Park-based Belleair Development Group and global real estate firm Trammell Crow will deliver the first workforce housing project in Largo filed under Florida’s new Live Local Act.
The partners filed plans under the act in February to build Allora, a multi-phase apartment complex on a 15.5-acre property at 800 8th Avenue Southeast on the corner of 8th Avenue and Donegan Road.
The first phase of Allora calls for 240 units with 40% slated for workforce housing.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
Construction has begun on the Bayou Court Apartments, a new affordable housing development in south St. Pete.
Situated near the southeast corner of Lake Maggiore at 4201 6th Street South, this new three-story affordable housing community is poised to address the housing needs of low- and moderate-income households in south St. Pete.
Gravel Road Partners, a Washington D.C.-based workforce and affordable housing developer, acquired the two-acre property in 2022 for $1.7 million.
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).
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
The long-dormant Tangerine Plaza in south St. Petersburg may be redeveloped into an affordable housing community or culinary arts center - becoming a true economic asset in the Deuces community.
St. Petersburg-based real estate firm Stoneweg US, the same firm redeveloping the Coquina Key Plaza, and faith-based nonprofit group Positive Impact Ministries have submitted bids to the city, vying to purchase and revitalize the retail center at 1794 22nd Street South, which has a few active tenants.
The retail center was formerly anchored by a Sweetbay Supermarket and then a Walmart Neighborhood Market. Since Walmart closed its doors in 2017, the 40,000-square-foot grocery space has remained vacant.
The St. Petersburg Housing Authority and Tampa Bay Area-based affordable housing developer Blue Sky Communities are moving forward with an affordable housing project that will bring a 95-unit apartment complex to a 1.35-acre site at the intersection of 32nd Avenue North and Hartford Street in north St. Petersburg.
When it was first announced in February 2023, the Hartford project was expected to consist of 47 affordable units for seniors and families whose incomes are below the 60% area median income (AMI) threshold.
However, on February 15th the St. Pete City Council approved a zoning change that will allow higher-density housing to be built on the parcel.
Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.
Have real estate news to share? Send us an email at hello@stpeterising.com.
The development group behind Skyway Lofts, a 65-unit affordable housing community that opened in 2022, recently broke ground on Skyway Lofts II, which will bring even more affordable apartments to St. Petersburg's Skyway Marina District when it opens next year.
Tampa-based Blue Sky Communities, which has developed multiple affordable housing projects throughout Tampa Bay, has started turning dirt at 3900 34th Street North where a four-story building with 66 apartments will rise.
The group recently acquired the vacant parcel in a $2 million deal through a joint venture land trust with the Pinellas County Housing Authority.
A 1,000-unit apartment community proposed for west St. Pete is one step closer to reality after Pinellas County approved funding for the construction of the project, which will contain 300 units for workforce housing.
On January 14th, Pinellas County Board of Commissioners unanimously approved $5.25 million for the construction of the first phase of Azalea Gateway, set to rise at 1501 72nd Street North near Azalea Park.
The approved county funds are contingent upon the City of St. Pete approving an additional $6 million for phase one construction. St Pete City Council is expected to vote on the funding request in February.