Local developer to build 26 new townhomes in Largo
/Local real estate development firm Heron Properties is planning four new townhome communities that will bring a total of 26 new residences to Largo.
The company is currently developing other projects in the area, with the 10-unit Junction Townhomes underway in St. Petersburg’s Central Oak Park neighborhood and The Station, a 25,000-square-foot mixed-use development planned in Largo.
“From an urban infill perspective, downtown Largo offers the same authentic character we value in St. Petersburg’s Central Oak Park neighborhood - original brick streets with granite curbs, nearly century-old craftsman bungalows, and mature oak trees that define the streetscape,” Heron Properties Principal Grace Johnson said in a conversation with St. Pete Rising.
Johnson moved to Tampa Bay from Seattle nearly five years ago, simultaneously relocating the boutique development company’s office to Largo.
“We are introducing versatile housing choices that reflect the modern, walkable, and community-focused future of Largo. The area is attracting a mix of tourists and residents, and benefits from heavy public investment, with a strong emphasis on modern infrastructure and walkability,” she said.
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South Carolina-based multifamily developer Greystar Real Estate Partners, in partnership with St. Pete-based Blake Investment Partners, has topped out The Henry at Whitney Village, a five-story, 325-unit apartment complex under construction in St. Petersburg’s Grand Central District.
The building is located on 3.37 acres on the east side of the Jim & Heather Gills YMCA at 3200 1st Avenue South. Greystar purchased the property from the YMCA in January 2025 for $12 million.
“We are proud to have reached this important milestone and look forward to welcoming residents to the Henry at Whitney Village in Spring 2027,” David King, managing director for development at Greystar, said in a statement to St. Pete Rising.
The apartment complex is part of the first phase of Whitney Village, a five-acre mixed-use development on a portion of the YMCA property that will include apartments, retail, and a renovated YMCA facility.
The first phase also included an extensive renovation of the 25-year-old, 54,000-square-foot YMCA facility on the west side of the property, funded by proceeds from the property sale.