The Fairfield Avenue Apartments was first proposed in early 2022 and made history when St. Petersburg became Florida’s first city to approve an affordable housing development under House Bill 1339.
The 2021 legislation, a precursor to the Live Local Act, allows local governments to permit affordable residential developments in industrially zoned areas.
The unit mix includes 74 one-bedroom units, 162 two-bedroom units, and 28 three-bedroom units.
Of those, 53 units will be reserved for households earning at or below 50% of the Area Median Income (AMI), 67 units for households earning up to 80% AMI, and 144 units for households earning up to 120% AMI.
Amenities will include a community pool, meeting and conference rooms, computer labs, a bike corral and repair workshop, green spaces with picnic and barbecue pavilions, playground areas, and extensive bicycle parking.