92-unit townhome community Terraces at 87th breaks ground this summer in north St. Pete
/Terraces at 87th, a neighborhood of 92 townhomes, will break ground this summer at the corner of 4th Street North and 87th Avenue in St. Petersburg.
Belleair Development Group purchased the former 112-unit Lamplight Village mobile home park in January 2018 for $3.4 million.
A previous proposal, featuring 72 townhomes and a 40-unit building, was approved by the City’s Development Review Commission last May. Originally, the plan was to offer the units as rentals.
However, rising construction costs and the high demand for townhouse-style units caused Belleair to reconfigure the project and offer the units for sale instead of for rent.
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