Hundreds of apartments to break ground on former Raytheon site
By Madalyn Blair
Tampa Bay Business Journal
Published: Sep 28, 2026

Over 300 apartments are set to break ground as part of the first phase of a larger project on St. Petersburg’s former Raytheon Technologies campus.

Metro Development Group and Porter Development will break ground Monday on 341 apartments at Azalea Cay, located off the Pinellas Trail at 1501 72nd St. N. Of these residential units, 102 will be dedicated to workforce and affordable homes, putting 30% of this first phase into those categories.

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