264-unit affordable housing community to break ground next month near the Warehouse Arts District
/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.
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An updated plan for a proposed 13-story, 120-unit residential project in the Grand Central District would reserve 48 apartments for affordable housing.
Tampa-based BendinRoad Development is seeking $4.8 million in federal disaster-recovery funding through the City of St. Petersburg for Residences at 1663, planned at 1663 1st Avenue South.
City staff has recommended the request for approval, and City Council will vote on it October 1st.
The site is currently home to a vacant commercial building that was previously occupied by Sunshine Kitty Catfe, which closed three years ago, and the Dolman Law Group.
Plans, which were approved in 2025, call for a 13-story building with 60 apartments and 60 short-term rental units that could be rented nightly, weekly, or monthly.
While the building’s design and layout remain unchanged, the developer delayed its original construction timeline to pursue the affordable housing funding.
A groundbreaking is now planned for early 2027.