Flats on 4th

An 80-unit affordable apartment building aimed at addressing the critical need for low-cost housing for seniors has received unanimous approval from the city’s Development Review Commission.

The green light has been given for the Flats on 4th project, a $37.5 million endeavor set to be constructed on a currently undeveloped parcel at the southwest corner of the intersection of 106th Avenue North and 4th Street North in north St. Pete.

The Flats on 4th, a four-story mid-rise building, will house 52 one-bedroom units and 28 two-bedroom units, providing housing options for residents with incomes between 40 to 60 percent of the area median income (AMI).

An 80-unit affordable apartment building that will provide much-needed low-cost housing for seniors has been proposed for the southwest corner of the intersection of 106th Avenue North and 4th Street North. The project is planned for a parcel that is currently undeveloped.

Dubbed Flats on 4th, the $37.5 million project will consist of a four-story, mid-rise building that will offer 52 one-bedroom units and 28 two-bedroom units. Residents whose income is between 40 to 60 percent of the area median income (AMI) will be eligible to apply for a lease.