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.
Read More


A new spot for açaí bowls, poke, and coffee is coming to Treasure Island this fall.
Kaia Bowls will open in October at 111 107th Avenue, Unit A, in the same plaza as Gigi’s Italian Restaurant and Lana’s Lounge. The space was previously occupied by Vine and Grind, which relocated to 7230 Central Avenue and rebranded as Brick Road Olive Oil Company.
The 1,300-square-foot café will be Kaia Bowls’ seventh Tampa Bay location, joining existing shops in downtown St. Pete, Clearwater, Clearwater Beach, Madeira Beach, Safety Harbor and Ybor City. The company also operates one location in Illinois, with additional outposts planned for Gainesville and Miami.
Kaia Bowls offers sweet and savory bowls made with health-conscious ingredients. Its savory menu includes poke bowls with tuna, salmon, shrimp, chicken, or tofu, along with toppings such as avocado, rice, edamame, cucumbers, and seaweed salad.
Sweet selections include açaí, pitaya, chia pudding, coconut, and oatmeal bowls topped with fruit, granola, almonds, honey, peanut butter, coconut flakes, hemp seeds, and raw cacao nibs.
The menu also includes avocado toast, juices, and smoothies.