Year-old St. Pete multifamily development lists for $110 million

A 330-unit multifamily development in St. Petersburg has hit the market less than a year after it opened.

Potential buyers recently began receiving advertisements for the Lake Maggiore Apartments from commercial real estate and property investment firm JLL. St. Petersburg-based developer Stoneweg U.S. completed the project in late September 2024.

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Resiliency work can propel St. Petersburg’s economy

St. Petersburg’s leadership split their State of the Economy address into two overlapping themes Tuesday - environmental resiliency and economic opportunities.

The U.S. blue economy supported 2.4 million careers and generated $777 billion in sales in 2022. Job growth in St. Petersburg dropped 3% in 2024 after increasing by roughly 6% in 2021 and 2022.

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