New Townhomes Proposed for 8th Street in Downtown St. Pete
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In a sign of confidence in the St. Pete market, a veteran real estate developer is launching a townhome development on 8th Street North in Downtown St. Pete. Located at Burlington Avenue and 8th Street, just a block from Mirror Lake, the project will be appropriately named the 8th Street Townhomes.
The development is being led by investor George Gower, who developed townhomes on Fareham Place near Beach Drive in the late 1990’s. At the time, developing new residential units in Downtown St. Pete was pretty rare. In a recent call with St. Pete Rising, Gower describes Downtown St. Pete in the 1990’s as “sleepy” and says his Fareham Place project was “one of the first new residential developments in downtown in 15 years.”
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A former parking lot near Historic Kenwood is now home to Burlington Post II, a 75-unit affordable apartment community for seniors.
A ribbon-cutting ceremony was held last Wednesday to celebrate the opening.
Every apartment at the five-story building at 3295 Burlington Avenue North is income restricted, and the property must remain affordable for at least 50 years.
For some of its first residents, the move followed rising rents that made their previous homes increasingly difficult to afford.
Tabari Lewis, community manager with Royal American Management, said in a conversation with St. Pete Rising that many residents learned about Burlington Post II through friends, family, and city housing services while searching for a more affordable place to live.