Developer buys St. Pete property in $16.5 million deal for 304-unit affordable housing complex
/Houston-based The Hanover Company, a private real estate developer, has purchased a retail plaza that is expected to be redeveloped into a 304-unit affordable housing community.
The group has acquired the 8.95-acre site at 3100 22nd Avenue North in North Kenwood for $16.5 million from ZSPR PROPCO of Tampa LLC, according to a deed recorded on August 4th. The existing 71,064-square-foot retail plaza previously housed JB Factory Flooring, Studio Physique, and a MetroPCS store.
The Hanover Company also took out a $46.92 million loan from Texas-based Comica Bank.
The company’s redevelopment plans, which were filed in 2024, represented the first Live Local Act application received by the City of St. Petersburg.
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A new family-owned restaurant serving pizzas, burgers, empanadas, and other Argentinian dishes is preparing to open in Pinellas Park.
Pizzardis will open at 7820 49th Street North, near England Brothers Park and the Pinellas Park Performing Arts Center. The building was previously home to Pinellas Park's Fresh Produce.
Owner Victoria Fecarotta said she and her husband expect to welcome their first customers during the last week of September.
For Fecarotta, the restaurant is rooted in memories of food bringing people together in Argentina, from long Sunday lunches to Friday nights spent sharing pizza with family.
She moved to the United States in 2001 and, after years in the restaurant business and previously owning a restaurant with her husband in Chicago, is ready to open a place of her own in Pinellas County.