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 31-acre office property along McCann Lake has received preliminary approval for what would become the largest apartment community in Pinellas Park, with 552 units, including at least 221 affordable apartments.
City staff approved the preliminary site plan on September 30th for 10222 MCI Drive in the Gateway Centre Business Park.
The two-phase development would replace an office campus with nine four-story apartment buildings, two clubhouses, pickleball courts, and 847 parking spaces.
The apartment proposal relies on Florida’s Live Local Act, which allows residential development on the industrially zoned property, provided that at least 40% of the apartments, or at least 221 units, are reserved for households earning at or below 120% of the area median income for a minimum of 30 years.
The remaining 331 apartments would be leased at market rates.
Plans call for apartments ranging from studios to three-bedroom units. All nine residential buildings would rise four stories, with a maximum height of 50 feet.