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New luxury townhome development coming to Warehouse Arts District
Tampa-based Sight Real Estate is in the planning stages of developing a new luxury townhome project in St. Pete’s growing Warehouse Arts District.
The project, dubbed Canvas City Homes St. Petersburg, is a 10-unit residential development at 2700 5th Ave. South. The site is currently vacant.
Canvas City Homes St. Petersburg will have a modern industrial style architecture, which is influenced by the dozens of artist studios and galleries in the district, many of which were once industrial spaces.
“We are taking inspiration from the local artists in the district,” said Chase Moore, director of sales and marketing at Sight, describing how the “Canvas” name derived from creating something new from a blank slate. He said the developer wants to integrate local art into the community, and will include a sculpture in the courtyard.
“This is the only new construction for multifamily near this location in the Warehouse Arts District, and it’s close to the Pinellas Trail,” Moore added.
The community will have two floor plans for its three-bedroom units, which start at $525,000, with end units priced at $550,000. The units will either be 2,040 or 2,070 square feet and will feature quartz countertops in the kitchen and baths, dual vanity sinks in the primary baths and Whirlpool stainless steel appliances. All of the units have a balcony and a two-car garage.
The kitchen with modern appliances and quartz countertops.
The unit sales will launch in mid-April. The group is expecting to break ground in the next several months and construction is projected to take place over 18 to 24 months, which takes into account the current supply chain issues, Moore said. The developer is in the process of final negotiations with a construction firm.
The bathroom with a double vanity.
The group has worked on multiple local projects in Tampa Bay such as Six Point Row at 2611 1st Ave. North in St. Petersburg, a 19-unit townhomes community that’s under construction.
The group also completed a renovation of the Puckett’s warehouse at 2430 5th Ave. South in St. Pete, which will become a multi-tenant building.
Additionally, Sight is working on a sister 80-unit project in Tampa’s Ybor City neighborhood, which will be named Canvas City Homes Tampa, Moore said.
In Tampa, Sight is also developing modern townhomes outside Bayshore Boulevard with unit prices starting in the low $600,000s.
Mike
April 7, 2022at9:24 am
“Stop looking down on people and recognize their value no matter what.” Steve, these are beautiful words. This statement –from you directly– is impossible to reconcile with your immoral persecution of anyone you perceive to have more wealth than you. The only persecution here is from Archie and from you, and you are totally oblivious that fact.
steve sullivan
March 28, 2022at11:29 pm
Mike you need a reality check. It’s not Archie’s fault. Archie may actually own his residence and is just concerned about his fellow man. Now let me say this. When that half a million dollar condo transplant goes out the door to purchase services who is going to serve him if the service worker can’t afford to live here? Stop looking down on people and recognize their value no matter what. I’m lucky because of the hard work of my dad and mom, my siblings and I own a home otherwise I might be in the same boat. I bet you won’t sell your home and go looking in this market cause that would lower your net worth. You are not immune to the inflationary impact of corporate landlords.
Mike
March 25, 2022at7:41 am
Archie if you cant afford to be here, then you cant afford to be here.
What do you tell the residents of the new townhomes? “Sorry, but we got here first”?
What do you tell the hardworking, prudent homeowner that had the good sense to own next door to this new beautiful development? “Sorry, this neighborhood is designated for poverty only”?
Move to fond du lac Wisconsin if you want affordable and stop crying about paying your own way in life.
Archie Rose
March 22, 2022at10:33 am
This is ridiculous, especially right now. There is a REAL need for AFFORDABLE housing all over the area. Yet the majority of housing being built is far outside the price range of every day people. Apartment buildings are being bought up and turned into condos. The people living in those apts are being forced out. There are a lot of greedy owners of Apartments are raising rent to a point where it’s not affordable. Rents have increased as the economy is crashing, and prices are soaring. This is beyond crazy. Even the middle class is being shoved out of thebhousing markey. There are more than enough luxury houses in this area. Let’s start building some decent affordable housing. People from up north that decided the idiots they voted for and destroyed their States, so now they’ll just sell there and buy up everything here. …. Just make sure you don’t vote for that same party here.