Several developments move forward along The Deuces corridor in south St. Pete

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Several developments move forward along The Deuces corridor in south St. Pete

After years of promises to revive 22nd Street South, the City of St. Pete is finally making progress on projects expected to bring new life back to The Deuces.

From the 1940s through the 1960s, 22nd Street South, from 2nd Avenue to 18th Avenue, was the heart of St. Pete’s Black community, filled with thriving businesses, music clubs, and restaurants.

But after I-275 cut through the area in the mid 1970s, the busy corridor slowly fell into decline.

Now, with a growing pipeline of new developments on the horizon, the Deuces is beginning to show signs of revival.

At a community meeting this week at the Enoch Davis Center, city officials gave updates on several ongoing projects.

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82-unit affordable apartment community Wimbish Court proposed for south St. Pete

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82-unit affordable apartment community Wimbish Court proposed for south St. Pete

A vacant 1.16-acre site near Bartlett Park in south St. Pete could soon become an 82-unit affordable housing community.

The $33 million development, called Wimbish Court, has been proposed by Orlando-based Archway Partners for 2025 Dr. M.L.K. Jr. Street South.

Archway is under contract to purchase the property for $1.875 million, but the project will only move forward if it secures 9% Low-Income Housing Tax Credits (LIHTC), according to Paul Nudelman, Development Partner at Archway Partners.

The Low-Income Housing Tax Credit program is a federal tax incentive created by Congress in 1986 to encourage private developers to build affordable housing.

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Seven-story affordable apartment building for seniors proposed for city-owned lot in downtown St. Pete

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Seven-story affordable apartment building for seniors proposed for city-owned lot in downtown St. Pete

The City of St. Pete has received another offer to redevelop part of the Historic Gas Plant District in downtown St. Pete.

The Pinellas County Housing Authority (PCHA) has submitted an unsolicited proposal to purchase and redevelop a city-owned parking lot at 1659 3rd Avenue South into an 80-unit affordable housing building for seniors.

In 2023, the Rays and Hines submitted a nearly identical proposal for the same site.

The property, which sits adjacent to the recently completed Modera St. Petersburg apartment tower, has been historically used as parking for Tampa Bay Rays games.

In an October 8th offer letter to the city, PCHA Executive Director Neil Brickfield detailed plans for a seven-story building designed by St. Pete-based Storyn Studio for Architecture in partnership with local developer Ascension Real Estate Partners.

The proposal calls for the City to convey the land to PCHA so it can utilize the Affordable Housing Voucher Program to ensure long-term affordability.

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Battered Twin City mobile home park near Derby Lane may be redeveloped into apartments

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Battered Twin City mobile home park near Derby Lane may be redeveloped into apartments

A flood-prone mobile home park next to Derby Lane that was devastated by last year’s hurricanes could soon be redeveloped into a new apartment community.

Illinois-based Lakeshore Management, the property owner, is seeking a land use map amendment and rezoning for the 8.94-acre Twin City Mobile Home Park at 10636 Gandy Boulevard North to permit multifamily residential development.

Located near the Gandy Bridge and sitting at zero elevation within the Coastal High Hazard Area, many of the hurricane-damaged homes were deemed uninhabitable following the storms. The Pinellas County Housing Authority and other agencies have since helped residents relocate.

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$121 million construction loan secured for 39-acre waterfront apartment project off Gandy Boulevard

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$121 million construction loan secured for 39-acre waterfront apartment project off Gandy Boulevard

Miami-based Key International has secured a $121 million construction loan for Amara Bay Residences & Marina, a 39-acre waterfront mixed-use community rising at 12000 Gandy Boulevard in north St. Pete.

Led by ABANCA USA, a financial group headquartered in Spain, the loan will fund the ongoing construction of the project, which will include 415 luxury apartments, an 8,000-square-foot restaurant, a 150-slip marina, and a host of resort-style amenities.

“Securing this construction financing marks a significant milestone for the transformative development of Amara Bay,” said Michael Vassilaros, Chief Investment Officer at Key International. “Our vision is to create one of the most sought-after multifamily communities in the country, furthering our legacy of developing distinctive destinations around the world.”

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City moves forward with affordable housing and retail development on 22nd Street South

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City moves forward with affordable housing and retail development on 22nd Street South

Mayor Ken Welch has selected Green Mills Group, a South Florida-based affordable housing developer, to redevelop a historically significant city-owned property at 951 22nd Street South.

The selection follows a Request for Proposals (RFP) process that launched in August 2024, which drew three submissions from Green Mills Group, Tall Cotton, and Alexander Goshen/Goode Van Slyke Architecture.

Under Green Mills’ proposal, the vacant 0.68-acre site would be transformed into a $20 million mixed-use development, called Heritage Grove, featuring 54 affordable apartments and 2,500 square feet of ground-floor retail space.

City Council is expected to vote on a negotiated ground lease and development agreement next Thursday, October 16th.

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15-story Viv apartments to begin move-ins next month in the EDGE District

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15-story Viv apartments to begin move-ins next month in the EDGE District

Rising 150 feet, the highly anticipated 15-story Viv apartment community is now ready to welcome residents.

Announced in 2021 by developer Belpointe OZ, the complex is located on a 1.6-acre site at 1000 1st Avenue North in St. Pete’s EDGE District. The development features two 15-story towers with 269 market-rate apartments and a four-story parking garage offering 355 spaces.

Local general contractor JE Dunn Construction commenced construction in June 2023 and completed vertical construction in May 2024.

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17-unit townhome-style apartment community breaks ground on 1st Avenue South

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17-unit townhome-style apartment community breaks ground on 1st Avenue South

New modern residences are rising on a vacant property on 1st Avenue South near 34th Street in St. Petersburg.

Northern Trust Builders broke ground earlier this month on a $4.7 million project that will bring 17 townhome-style apartments across two three-story buildings to the site.

The development is led by Tampa-based Zhukovskyi Development, headed by Tony Zhukovskyi, and designed by local architect Pete Alfonso Jr.

The first building, at 3655 1st Avenue South, will have nine units. The second, at 3651 1st Avenue South, will include eight.

Zhukovskyi bought the property last August for $255,000.

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2,084-unit Sky Town begins vertical construction on first apartments in St. Pete

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2,084-unit Sky Town begins vertical construction on first apartments in St. Pete

Vertical construction has commenced on the first phase of apartments at Sky Town, a planned $800 million mixed-use development at 3201 34th Street South in the Skyway Marina District.

The 34.3-acre site, once home to the Ceridian office campus, is being redeveloped in six phases to include 2,084 apartments, 69,000 square feet of retail anchored by a 23,000-square-foot Sprouts Farmers Market, and 120,000 square feet of self-storage.

It is the largest project currently in development in St. Pete, based on acreage and number of units.

The Sprouts Farmers Market, now nearing completion, sits along the east side of the property and will serve as the gateway to the future redevelopment. A 4,500-square-foot retail outparcel fronting 34th Street South is also under construction.

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New affordable apartment community opens near the Skyway Marina District in south St. Pete

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New affordable apartment community opens near the Skyway Marina District in south St. Pete

Just before Labor Day weekend, local government officials and community leaders gathered in south St. Pete to cut the ribbon on the city’s newest affordable housing development.

Founders Point, a 15-unit apartment community at 2901 31st Street South near the Skyway Marina District, was developed by Pinellas Affordable Living Inc. (PAL), a Community Housing Development Organization formed by the Boley Centers.

The community, designed to provide safe and affordable housing for people with special needs, is located next to Boyd Hill Nature Preserve and just south of The Shores Apartments, a 50-unit affordable housing community developed by The Richman Group.

All 15 one-bedroom apartments are reserved for residents earning at or below 60% of the Area Median Income (AMI), specifically for households with special needs.

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