January 27, 2025

Pinellas County approves over $5 million for 1,000-unit apartment community in west St. Pete

January 27, 2025/ Veronica Brezina

A 1,000-unit apartment community proposed for west St. Pete is one step closer to reality after Pinellas County approved funding for the construction of the project, which will contain 300 units for workforce housing.

On January 14th, Pinellas County Board of Commissioners unanimously approved $5.25 million for the construction of the first phase of Azalea Gateway, set to rise at 1501 72nd Street North near Azalea Park.

The approved county funds are contingent upon the City of St. Pete approving an additional $6 million for phase one construction. St Pete City Council is expected to vote on the funding request in February.

January 15, 2025

2,084-unit apartment community Sky Town to include affordable housing after approval of county funds

January 15, 2025/ Veronica Brezina

One of the largest residential projects currently in development in St. Petersburg will now include affordable housing thanks to financial support from Pinellas County.

On Tuesday, the Pinellas County Commission unanimously approved $5.5 million for the construction of the first phase of Sky Town, which is expected to break ground in March and include 401 apartments, 121 of which will now be affordable.

Sky Town, which is being developed by Coral Gables-based Altis Cardinal, is a massive mixed-use development expected to bring 2,084 apartments across six five-story buildings to 3201 34th Street South in the Skyway Marina District.

The project, which sits on 34.2 acres, will also include over 80,000 square feet of retail space, 22,500 square feet of office space, 4,000 parking spaces, and 119,160 square feet of self-storage space.

December 20, 2024

Done Deals: $250M condo project coming to Clearwater Beach, Affordable housing complex sells, St. Pete florist sells warehouse

December 20, 2024/ Veronica Brezina

Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.

Have real estate news to share? Send us an email at hello@stpeterising.com.

December 11, 2024

New 85-unit affordable housing community for seniors opens in West St. Pete

December 11, 2024/ Veronica Brezina

More than 85 seniors earning low-income wages have a new modern apartment in St. Pete to call home.

Earlier today, developer Blue Sky Communities and Park & Eleazer Construction cut the ribbon on the new 85-unit Bear Creek Commons affordable housing complex at 635 64th Street South in west St. Pete, adjacent to Bear Creek, a 2.7-mile stream that flows to Boca Ciega Bay.

The property was previously home to Grace Connection Church before construction commenced in 2023.

December 09, 2024

City receives three proposals to bring affordable housing to prime lot on 22nd Street South

December 09, 2024/ Veronica Brezina

Three development groups are vying to redevelop a South St. Pete property, once home to a historic cultural landmark, into a mixed-use destination with affordable housing and retail.

The new proposals were received after the City of St. Petersburg issued a request for proposals (RFP) for developers interested in redeveloping the three vacant parcels at 951 22nd Street South, a site that once housed the historic Merriwether Building, which supported and housed African American and Jewish entrepreneurs when racial and social restrictions were in place.

The developers that submitted proposals include South Florida-based Green Mills Group, Fort Lauderdale-based real estate and development firm Alexander Goshen and partner Goode Van Slyke Architecture, and not-for-profit group Making Opportunities Materialize Inc. (MOM).