
SPHA Proposes Redevelopment of Clearview Park Apartments in St. Petersburg
The St. Petersburg Housing Authority is leading a proposal to redevelop Clearview Park Apartments, a 22-unit garden-style complex at 3200 37th Avenue North that dates to the early 1980s. The plan would renovate 18 existing units, demolish four, and add 46 new apartments in a four-story building, raising density by roughly 194 percent.
The new units would come in one-bedroom and two-bedroom layouts, ranging from about 680 to 920 square feet. Preference would go to seniors, though income parameters have not been formally set. Pinellas County's median income was listed at $72,600 for 2020 through 2024.
The estimated cost of the renovations is $13 million. Work depends on securing funding from several sources, with construction possibly beginning in late 2027 or early 2028. Trouble Creek Road Development and MLK Architecture are on the development team, and no general contractor has been chosen yet. After completion, the SPHA would manage the community.
For developers and lenders, this is a public-housing-authority-led infill project where financing commitments will drive the schedule, and the senior preference terms should be confirmed before underwriting.
More from St Petersburg
· St Petersburg, Florida
Construction Begins on 26-Unit Lealman Heights Affordable Townhome Community in St. Petersburg
· St Petersburg, Florida
Kolter Urban Proposes Two 44-Story Condo Towers for Former Hilton Site in St. Petersburg
· St Petersburg, Florida
Walker & Dunlop Arranges $75 Million Refinancing for St. Petersburg Multifamily Tower
· St Petersburg, Florida
Magellan Housing Secures Funding for 94-Unit Senior Affordable Housing Project in St. Petersburg
· St Petersburg, Florida
GID Provides $125 Million Construction Loan for 330-Unit St. Petersburg Multifamily Tower
More in Florida
· West Palm Beach, Florida
Foundation Work Begins on 21-Story Alida Residences and Tribute Hotel in Downtown West Palm Beach
· Kissimmee, Florida
Kissimmee Cove: 73-Unit Affordable Project Advances in Kissimmee
· Hallandale Beach, Florida
Kadima Developers Lands $32.5M Construction Loan for Seven Park in Hallandale Beach
· Coral Springs, Florida
Nonprofit Seeks Approval to Convert Coral Springs Hotel into Veteran Housing
· Aventura, Florida
Vitalis Tower in Aventura Set to Break Ground in Q2 2027