August 13, 2025

Developer seeks approval for 168-unit apartment community on 8th Avenue Southeast in Largo

August 13, 2025/ Veronica Brezina

A 168-unit affordable apartment community is planned for a portion of a 15.5-acre property in Largo, adjacent to another affordable housing project already underway on the site.

Tampa-based Southport Financial Services, working with Moore Bass Consulting, is seeking site plan approval from the City of Largo to build the complex at 800 8th Avenue Southeast, on the corner of 8th Avenue SE and Donegan Road.

The project, called Largo Station, would be built on 5.7 acres on the western portion of the property next to Allora, a 240-unit apartment community being developed by global real estate firm Trammell Crow Residential (TCR). The remainder of the property is occupied by Allora’s first phase. When both phases are complete, the site will have 408 apartments.

August 04, 2025

Developer buys St. Pete property in $16.5 million deal for 304-unit affordable housing complex

August 04, 2025/ Veronica Brezina

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.

July 09, 2025

384-unit apartment community proposed near U.S. 19 in Pinellas Park

July 09, 2025/ Veronica Brezina

Houston-based real estate developer The Hanover Company has submitted plans for a new 384-unit apartment community with affordable housing in Pinellas Park.

The project would be built on a vacant 24.31-acre site near the intersection of Gateway Centre Boulevard and US 19, within the Gateway Centre Business Park.

Because the property is zoned Light Industrial, The Hanover Company plans to move forward under the Live Local Act, which overrides certain local zoning restrictions and permits residential development on land zoned for commercial or industrial use.

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.

January 15, 2025

2,084-unit apartment community Sky Town to include affordable housing after approval of county funds

January 15, 2025/ Veronica Brezina

One of the largest residential projects currently in development in St. Petersburg will now include affordable housing thanks to financial support from Pinellas County.

On Tuesday, the Pinellas County Commission unanimously approved $5.5 million for the construction of the first phase of Sky Town, which is expected to break ground in March and include 401 apartments, 121 of which will now be affordable.

Sky Town, which is being developed by Coral Gables-based Altis Cardinal, is a massive mixed-use development expected to bring 2,084 apartments across six five-story buildings to 3201 34th Street South in the Skyway Marina District.

The project, which sits on 34.2 acres, will also include over 80,000 square feet of retail space, 22,500 square feet of office space, 4,000 parking spaces, and 119,160 square feet of self-storage space.