{"id":386233,"date":"2026-08-31T16:16:56","date_gmt":"2026-08-31T16:16:56","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/386233\/"},"modified":"2026-08-31T16:16:56","modified_gmt":"2026-08-31T16:16:56","slug":"mayor-selects-proposal-with-126-affordable-residences-and-retail-for-commerce-park-redevelopment-in-south-st-pete","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/386233\/","title":{"rendered":"Mayor selects proposal with 126 affordable residences and retail for Commerce Park redevelopment in south St. Pete"},"content":{"rendered":"<p class=\"\" style=\"white-space:pre-wrap;\">Mayor Ken Welch has selected <a href=\"https:\/\/www.magellanhousingllc.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Magellan Housing<\/a> as the preferred developer for Commerce Park, a 3.03-acre, city-owned site near 22nd Street South and 7th Avenue South across from the <a href=\"https:\/\/www.stpete.org\/visitors\/attractions\/manhattan_casino.php\" target=\"_blank\" rel=\"nofollow noopener\">Manhattan Casino<\/a> in south St. Pete.<\/p>\n<p class=\"\" style=\"white-space:pre-wrap;\">Magellan, through its local affiliate Deuces Rising, LLC, was one of seven teams that responded to the city\u2019s April request for proposals.<\/p>\n<p class=\"\" style=\"white-space:pre-wrap;\">Its plan, called The Deuces at Commerce Park, includes an eight-story, 120-unit affordable apartment building, about 6,000 square feet of retail space along 22nd Street South, and six for-sale townhomes in a second phase.<\/p>\n<p class=\"\" style=\"white-space:pre-wrap;\">The selection gives the Texas-based affordable-housing developer the opportunity to negotiate a deal with the city. Any final agreement must return to City Council for a separate vote, and the council is not likely to approve an agreement before November\u2019s mayoral election.<\/p>\n<p class=\"\" style=\"white-space:pre-wrap;\">All 120 apartments would be income-restricted, meaning residents would have to meet income limits to qualify. The proposal calls for 24 apartments reserved for households earning up to 30% of the area median income, 60 for households earning up to 60% of AMI, and 36 for households earning up to 80% of AMI.<\/p>\n<p class=\"\" style=\"white-space:pre-wrap;\">The six townhomes would be set aside for income-qualified buyers, creating a homeownership option alongside the rental apartments.<\/p>\n","protected":false},"excerpt":{"rendered":"Mayor Ken Welch has selected Magellan Housing as the preferred developer for Commerce Park, a 3.03-acre, city-owned site&hellip;\n","protected":false},"author":2,"featured_media":386234,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-386233","post","type-post","status-publish","format-standard","has-post-thumbnail","category-st-petersburg","tag-st-pete","tag-st-pete-headlines","tag-st-pete-news","tag-st-petersburg","tag-st-petersburg-headlines","tag-st-petersburg-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/386233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=386233"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/386233\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/386234"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=386233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=386233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=386233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}