The community could be built as either two six-story buildings or, pending alley vacation, a single four-story structure with three levels of residential units over a single-story parking podium.
The building’s design would be similar to Archway’s other St. Pete project, Flats on 4th, currently under construction at 106th Avenue North and 4th Street North.
Units, measuring 615 to 650 square feet, will include granite countertops, solid-surface flooring, energy-efficient appliances, and in-unit washer/dryer hookups.
The development will include a community room, library, coworking space, and tech lab, and will partner with Gracepoint to provide on-site behavioral health and case management services.
If the project is awarded the tax credits, construction could begin in late 2026 or early 2027, with residents moving in by mid-2028.