Sixty90

Washington, D.C.-based affordable housing developer Gravel Road Partners is resurrecting a long-stalled project that will bring 204 apartments and ground-floor retail to west St. Pete.

On Tuesday, Pinellas County Board of County Commissioners unanimously approved $6.71 million in Penny for Pinellas funding for a four-story apartment building planned at 6090 Central Avenue.

The new community, known as Sixty90, will reserve 60% of its units for households earning 80% of the Area Median Income (AMI) and below, with the remaining 40% offered at market rates.

Gravel Road Partners is taking over the project from local real estate firms DDA Development and Backstreets Capital, which purchased the three-acre site in December 2020 for $5.6 million from local businessman Bill Edwards.

The city approved plans for the four-story complex in 2021, and County commissioners also approved $3.5 million in Penny for Pinellas funding that year. That funding was later returned after the original development team paused the project amid shifting market conditions.

“We are incredibly proud to launch our third project in Pinellas County, a milestone that reflects our deep-seated commitment to this community. This project is a powerful testament to our partnership with Pinellas County and the City of St. Petersburg,” said Tyler Herbert, a partner with Gravel Road Partners, in a conversation with St. Pete Rising.

The latest edition of Aerial St. Pete shows the preliminary progress on several developments which have recently begun site preparations and construction. Aerial St. Pete is a column by St. Pete Rising which features exclusive aerial photography of projects under construction in St. Petersburg, FL. To accomplish this, we have teamed up with Anthony Bove at AB3 Visuals.

In this article we are taking a look at five projects outside of downtown where construction is just beginning. These projects include: Sixty90 Apartments, Arya, Grand Central Townhomes, Lake Maggiore Apartments, and the Tampa Bay Innovation Center. We look forward to following these projects as they continue to make progress towards completion!

St. Pete’s Development Review Commission approved plans for a multi-family development planned for 6090 Central Avenue in west St. Petersburg. The project, named Sixty90, is being developed by local real estate firm DDA Development and feature a four-story building with 204 units along with ground floor retail space.

When Gallery 3100, a 122-unit apartment building, broke ground earlier this year at 3100 Central Avenue, it marked the farthest west new multifamily development had reached since the revitalization of Central Avenue began. Located just a few blocks from 34th Street, many wondered if, or when, new development would leap over U.S. 19 and expand to west St. Petersburg. Well, it appears the westward spread will continue.

Local real estate firm DDA Development is proposing a four-story, 204-unit multifamily development on the 6000 block of Central Avenue in west St. Pete. DDA, which is led by Bowen Arnold and John Schilling, closed on the land last Friday in a $5.6 million purchase from local businessman Bill Edwards.