A midrise condo building is planned for 5th St S in Downtown St. Pete
/
Downtown St. Pete continues to be one of the hottest neighborhoods in Tampa Bay with nearly 1,700 residential units currently under construction and an additional 1,900 units proposed in the greater downtown area. Even with those mind boggling stats, supply is still struggling to keep up as more and more people are finding out about Downtown St. Pete.
One street that has seen significant change in the past few years is 4th Avenue South near USF St. Pete and the Innovation District. Since 2014 multiple new developments have sprouted up along this corridor including: Campbell Landings, Camden Pier District (formerly known as AER), Urban Landings, and The Sabal. Additionally, an Alabama developer is planning a 20 story condo tower on the corner of 4th Avenue S and 3rd Street S.
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.