Done Deals: Leasing launches for Ayra, Military defense company opens in EDGE District, The Saint Hotel sells

Done Deals: Leasing launches for Ayra, Military defense company opens in EDGE District, The Saint Hotel sells

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.

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Done Deals: Lingr announces closure, City seeks developer for west St. Pete site, Largo church to become retail

Done Deals: Lingr announces closure, City seeks developer for west St. Pete site, Largo church to become retail

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.

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Construction begins on 60-unit affordable housing project in south St. Pete

Construction begins on 60-unit affordable housing project in south St. Pete

Construction has begun on the Bayou Court Apartments, a new affordable housing development in south St. Pete.

Situated near the southeast corner of Lake Maggiore at 4201 6th Street South, this new three-story affordable housing community is poised to address the housing needs of low- and moderate-income households in south St. Pete.

Gravel Road Partners, a Washington D.C.-based workforce and affordable housing developer, acquired the two-acre property in 2022 for $1.7 million.

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304-unit apartment development filed under Florida's Live Local Act proposed for 22nd Avenue North in St. Pete

304-unit apartment development filed under Florida's Live Local Act proposed for 22nd Avenue North in St. Pete

The City of St. Petersburg has received its first development application filed under Florida’s Live Local Act. The proposed development is located at 3100 22nd Avenue North and currently consists of a retail plaza that houses JB Factory Flooring and Studio Physique, a fitness studio. 

The 7.27-acre site is owned by ZSPR PROPCO of Tampa, LLC and is under contract for purchase and development by Houston-based The Hanover Company, a private real estate developer.

A purchase price was not disclosed.

The proposed Hanover development will include 304 apartments which consist of 196 one-bedroom apartments and 108 two-bedroom apartments. All the units will rent to households earning at or below 120% of the area median income (AMI).

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Done Deals: Art House eclipses $200m in sales, Developer buys land for affordable housing, St. Pete apartments sell

Done Deals: Art House eclipses $200m in sales, Developer buys land for affordable housing, St. Pete apartments sell

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.

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