June 09, 2025

Former Ed White Hospital conversion to 71-unit affordable senior housing community advances in North Kenwood

June 09, 2025/ Veronica Brezina

The St. Petersburg Housing Authority (SPHA) is expected to begin construction on the second phase of an extensive renovation to the former Edward White Hospital, converting the building into a 71-unit affordable housing complex for seniors, thanks to recently approved funding.

Last Thursday, the St. Petersburg City Council approved $8.9 million in funding for the $42.5 million project underway at 2323 9th Avenue North in North Kenwood.

The funding includes $6.9 million from Penny for Pinellas, of which $3 million was previously approved, and $2 million in HOME funds.

In 2022, the project was awarded $5.9 million in American Rescue Plan Act (ARPA) funding, however those funds were rescinded in 2024 citing extensive project delays and reallocated to two other affordable housing projects—Flats on 4th and Palm Lake Urban Sanctuary.

June 05, 2025

29-story condo tower planned for 4th Street South in downtown St. Pete, replacing earlier condotel proposal

June 05, 2025/ Veronica Brezina

A Clearwater-based developer is moving forward with revised plans for a high-rise residential tower in downtown St. Pete, significantly altering a previously approved design.

Valor Capital is seeking city approval to amend its original proposal for the Roche Bobois Residences, a project initially envisioned as a 25-story, 152-unit condotel tower.

The development is slated for the northeast corner of 4th Street South and 4th Avenue South, just two block from the Publix-anchored University Village retail plaza.

The revised plan reimagines the project as a 29-story condominium tower with 165 residential units, 4,103 square feet of commercial space, and 103 parking spaces (83 in a parking garage and 20 surface spaces to the west of the tower).

May 30, 2025

Hermitage Apartments in downtown St. Pete sells for $104.5 Million

May 30, 2025/ Veronica Brezina

A 348-unit apartment complex in the heart of downtown St. Petersburg has a new owner and a new name.

Boston-based real estate management firm General Investment & Development (GID) has purchased The Hermitage Apartment Homes at 151 7th Street South.

The sales price and transaction details have not been published. The Brass Enterprises, a private Toronto real estate investment firm, has owned the eight-story luxury apartment community since 2019, purchasing it for $107,625,000.

Under the new ownership, The Hermitage, named after an art museum in St. Petersburg, is now rebranded as Windsor Central Arts.

May 19, 2025

376-unit residential community proposed for 22-acre Empath Health campus in Largo

May 19, 2025/ Veronica Brezina

A South Carolina developer is planning to transform the 21.8-acre Empath Health campus in Largo into a large-scale residential community that includes affordable housing made possible by Florida’s Live Local Act.

Greystar Real Estate Partners, currently under contract to purchase the property at 5771 Roosevelt Boulevard, has proposed a 376-unit development consisting of apartments and townhomes. Of those, 150 units will be reserved as affordable housing.

The planned community, named Bayside, will include an ample amount of green space featuring gravel paths, gardens, sports areas for families, two dog parks, playgrounds, a potential putting green, a shaded hammock area, a walking trail around a large stormwater pond.

May 08, 2025

60-unit Bayou Court opens in south St. Pete with affordable apartments for teachers and government workers

May 08, 2025/ Veronica Brezina

One year ago, city leaders and a local developer broke ground on a transformational project in south St. Pete that aimed to create more housing opportunities for teachers and faculty. Today, the community has officially opened.

The new 60-unit apartment community, Bayou Court Apartments, is located near the southeast corner of Lake Maggiore at 4201 6th Street South, directly behind Lakewood Elementary School.

The project, which recently welcomed its first residents, was made possible through a public-private collaboration between the City of St. Petersburg, Pinellas County, and Gravel Road Partners, a Washington D.C.-based workforce and affordable housing developer that acquired the property in 2022 for $1.7 million.