96-unit affordable housing project proposed for 18th Avenue in South St. Pete
/
The City of St. Petersburg has received an unsolicited offer to redevelop a city-owned lot in south St. Petersburg.
Green Mills Group, an affordable housing developer, and Advantage Village Academy, Inc., a not-for-profit organization founded and based in St. Petersburg, have partnered up to submit an offer to purchase a 2.1-acre site fronting 18th Avenue South at 21st Street. The team is proposing a 96-unit affordable housing project across from Tangerine Plaza.
Green Mills Group has previously developed two affordable housing developments in St. Pete’s Historic Kenwood neighborhood, Burlington Place, a 53-unit building at 3155 Burlington Avenue North which opened in 2017, and Burlington Post, an 86-unit building at 3201 Burlington Avenue North which opened in 2018.
Read More
Pre-leasing is now underway at 3rd & 3rd, a 33-story apartment tower expected to welcome its first residents in mid-December in downtown St. Petersburg.
The 262-unit building is located at 235 3rd Street South across from the Publix-anchored University Village shopping center. Third Lake Partners, along with St. Pete-based developer Echelon, are developing the project.
KAST Construction broke ground on the tower about two years ago.
3rd & 3rd will include one-, two-, three-, and four-bedroom residences, including three four-bedroom penthouses, along with a 330-space parking garage and approximately 15,000 square feet of ground-floor retail space.
One-bedrooms are currently priced from $2,730 to $3,075 a month, while two-bedroom residences start at $4,570 and three-bedroom units start at $8,585.
The development is already 20% reserved, according to Echelon Senior Vice President of Development Cody LeClair.