Construction begins on 264-unit affordable housing “unicorn” near St. Pete’s Warehouse Arts District
/Construction is officially underway on one of St. Petersburg’s largest workforce and affordable housing developments.
On Wednesday morning, St. Pete-based HP Capital Group joined city and county officials, community partners, and stakeholders to celebrate the groundbreaking of Fairfield Avenue Apartments, a 264-unit apartment community at 3300 Fairfield Avenue South.
The development will serve individuals and families earning between 50% and 120% of the Area Median Income (AMI), a range that developers and officials say is increasingly difficult to accommodate in today’s housing market.
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A chain-link fence went up last week around the site of a planned 20-story mixed-use apartment tower expected to begin construction soon in the EDGE District of downtown St. Pete.
In a conversation with St. Pete Rising, PTM Partners said it is preparing the site for demolition to make way for EDGE Collective II, which will be located at the northwest corner of 11th Street South and 1st Avenue South.
The new tower will replace the former Dr. BBQ restaurant and the buildings that previously housed Pin on Cafe, EMOTO Electric Motorbikes, and Chai Mixology.
Pin on Cafe has since relocated to 2458 Central Avenue and rebranded as Pin on Grand.
After the site has been cleared, production pile installation is expected to begin in September or early October, pending final coordination with Duke Energy on utility relocations, followed by vertical construction.