Backstreets Capital and Canopy Builders go vertical on new in-fill housing project
By Post
Tampa Bay Newswire
Published: Nov 14, 2022

SAINT PETERSBURG, FL (November 14, 2022) – Construction has commenced on Canopy Oaks, a new residential community in Euclid St. Paul, just minutes north of downtown. St. Petersburg-based Backstreets Capital and Canopy Builders are developing the project that will feature six luxury townhomes, two villas and a single-family residence.

Canopy Oaks is located at 1920 Dr. MLK Jr. St. N on the eastern boundary of Euclid St. Paul, a well-known historically rich neighborhood that also offers urban amenities along the bustling, walkable MLK corridor.

“We are thrilled to bring this project to life and believe this type of development is exemplary of how to integrate new homes into established neighborhoods.” Canopy Builders President and CEO Ben Gelston commented. According to Gelston, Canopy Builders moved its own offices to the Euclid St. Paul neighborhood in 2021 and were attracted to the diversity of the area. “The MLK corridor offers so much for residents living in the area with an abundance of restaurants, shops and services within walking distance – and it’s so close to downtown.”

Canopy Oaks Townhomes will be approximately 2,500 square feet, three bedroom, three and half bathroom residences, complete with two-car attached garages, covered entries, and private balconies. The homes feature 10’ ceilings through the main living level, engineered hardwood flooring, high-end finishes and appliances.

The Villas will be approximately 2,200 square feet, three bedroom, two and a half bathroom, two-story homes that include two-car garages and private covered lanais with outdoor kitchen upgrades. The villas also feature 10’ ceilings through the main living level, hurricane impact windows and doors, engineered hardwood flooring, high-end finishes and appliances.

The single-family home will feature 4 bedrooms, 3 bathrooms with a Study and Upstairs Loft, with a Craftsman style design to fit right into the craft and legacy of the Euclid St. Paul Neighborhood.

The community is expected to be completed by winter 2023.