First workforce housing development filed under the Live Local Act in Largo nears completion
/Global real estate firm Trammell Crow Residential is nearing completion of a new 240-unit luxury apartment community in Largo.
Caspia is being constructed on a 9.5-acre property at 705 Redbud Lane near the corner of 8th Avenue SE and Donegan Road.
The community, which is expected to launch preleasing soon, will contain a mix of affordable and market rate housing.
40% of the units will be reserved for households earning at or below 120% of the area median income (AMI), or roughly $68,400 annually in the City of Largo, while the remaining apartments will be rented at market rates.
Groundbreaking on the development began in 2024. Construction is now nearing completion.
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A permanent ferry dock at the St. Pete Pier moved closer to reality Friday, as the Pinellas Suncoast Transit Authority celebrated $850,000 in newly secured federal funding for the future Tampa Bay Ferry terminal.
PSTA leaders joined U.S. Rep. Kathy Castor, St. Petersburg Mayor Ken Welch, and representatives from Hubbard’s Marina at the Pier to announce the funding, which will help support a new dock near the St. Petersburg Museum of History.
The permanent facility is planned to include a security gate, ticket booth, and ADA-compliant access. It is expected to accommodate two ferry vessels at once, according to Captain Dylan Hubbard of Hubbard’s Marina.
“This is a key piece in the puzzle,” PSTA CEO Brad Miller said during the event.
The federal funding, secured by Castor through the Fiscal Year 2026 Transportation, Housing and Urban Development appropriations bill, comes as PSTA prepares to relaunch passenger ferry service between downtown St. Pete and Tampa later this year.