Delayed ‘unicorn’ St. Pete housing project nears groundbreaking

A long-delayed, historic affordable housing development in South St. Petersburg will finally break ground in October.

In April 2022, the city became Florida’s first to approve a project – the Fairfield Apartments – under House Bill 1339. Enacted in 2020, the innovative legislation, a precursor to the Live Local Act, allowed local governments to facilitate affordable housing in industrially zoned areas.

The estimated $87.8 million complex at 3300 Fairfield Ave. S. received $22.1 million in local government subsidies and is roughly three years behind schedule. City administrators granted its development firm, HP Capital Group, a two-year site plan extension and provided a project update to council members Thursday…

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