Affordable townhome project in West St. Pete is closer to happening

cliggittvaluation • Feb 13, 2024

Affordable Townhomes in West St. Pete inch forward - Tampa Bay Business Journals

The City Council of West St. Petersburg will review a proposal for a 105-townhome affordable housing development located at 7045 Burlington Avenue N. The property, currently owned by St. Petersburg College and formerly the Gibbs Wellness Center, is slated for purchase by the city for $4.2 million. Plans include constructing workforce housing with 30% reserved for SPC staff and students, targeting individuals at or below 120% of the area median income. Following the purchase agreement approval in November, the city intends to issue a request for proposal (RFP) to solicit bids from developers, subject to review and approval by the Development Review Commission and City Council.

Source: TBBJ

Thank you for your interest. If you are in need of Appraisal & Valuation Services in St. Pete, contact:

Mike Cliggitt, MAI, MRICS, CCIM

813.405.1705 - Direct Line

findvalue@cliggitt.com

St. Petersburg Appraisal & Valuation Services

SHARE CONTENT

By cliggittvaluation 07 May, 2024
Sourced from St. Pete Rising Exclusive Release
By cliggittvaluation 29 Apr, 2024
Source : WTSP
By cliggittvaluation 16 Apr, 2024
Tradewinds St. Pete Beach Expansion Vote Delayed - Tampa Bay Business Journals
More Posts
Share by: