The Cara Apartments has met its end in St. Petersburg, Florida. Erected in the 1920s, the property was not viewed as historically significant by the City of St. Petersburg. So, it was demolished this past week for new development.
Construction commenced on Sixteenth Square townhomes in 2020. Now, after nearly four years of development, the general contractor is finishing out the last few homes.
The City of St. Petersburg has plans to develop part of the St. Petersburg/Gibbs Campus into affording housing––with 30 percent of those units intended for both students and staff.
Black Salmon, a commercial real estate firm, and LD&D, a development/design firm, have partnered together on a new venture in St. Petersburg, FL. The duo recently purchased a 0.77-acre site for $9.05 million.
Developers have surpassed a key milestone regarding the Marina Club Apartments. The multi-family development will offer 400 Class A units in an eight-story building.
