Habitat for Humanity to break ground on 57-home community in Lealman
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Nearly six acres of underutilized land in St. Pete’s Lealman neighborhood is set to be transformed into a new affordable housing community.
Habitat for Humanity Tampa Bay Gulfside is expected to break ground by the end of the year on a project that will bring 57 new homes to families in need.
Located across from Lealman Elementary School at the corner of 58th Avenue North and 40th Street North, the new community will feature 31 single-family homes and 26 townhomes.
The townhomes will rise on a 1.74-acre parcel at 4000 58th Avenue North, while the single-family homes will be constructed on surrounding land.
The Housing Finance Authority of Pinellas County acquired the properties in 2016.
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Construction crews have completed demolition of the former UPC Insurance headquarters in downtown St. Pete, clearing the three-acre site for two 31-story apartment towers with 824 apartments and more than 30,000 square feet of retail space.
The 40,000-square-foot office building at 800 2nd Avenue South most recently served as a temporary office for the Tampa Bay Rays after Hurricane Milton damaged Tropicana Field.
UPC Insurance, which once occupied the building as its corporate headquarters, was placed into liquidation in 2023.
St. Pete-based Echelon, in partnership with Third Lake Partners, will develop the $225 million project, which will span more than 1.7 million square feet.
While shorter than the 46-story Residences at 400 Central, the two-tower development will contain more total floor area. At 343 feet, the towers will become the tallest buildings west of 5th Street and rank among downtown St. Pete’s 10 tallest structures.