December 16, 2025

264-unit affordable housing community to break ground next month near the Warehouse Arts District

December 16, 2025/ Veronica Brezina

After nearly four years of planning, a long-delayed affordable housing development near St. Petersburg’s Warehouse Arts District is officially moving forward.

Fairfield Avenue Apartments LLC, which is tied to St. Petersburg-based HP Capital Group and former Florida Senator Jeff Brandes, has purchased the 6.9-acre property at 3300 Fairfield Avenue South for approximately $6.2 million.

The property will be leased through a trust administered by the Housing Finance Authority of Pinellas County, securing a 99-year affordability commitment.

The group will develop the site into the Fairfield Avenue Apartments, which will contain 264 affordable and workforce apartments making it one of the city’s largest housing communities in decades.

The property was formerly home to the Tibbetts Lumber Company, which was founded by Brandes’ grandfather, Linton Tibbetts, in the 1970s.

July 08, 2025

40 new townhomes coming to Pinellas Park from D.R. Horton

July 08, 2025/ Veronica Brezina

A vacant stretch of land in the heart of Pinellas Park is slated to become a 40-unit townhome development.

National homebuilder D.R. Horton, in partnership with St. Pete-based HP Capital Group, is moving forward with a new project called Townes at Island Lake, located at 4210 78th Avenue North.

The 2.76-acre property sits near the intersection of 78th Avenue North and US 19, close to Ashley Furniture and Walmart Supercenter.

HP Capital Group recently completed the horizontal development of the townhome lots and has handed them over to D.R. Horton to begin vertical construction.