Demolition nears on prime St. Pete property, paving way for affordable housing project
By Henry Queen
Tampa Bay Business Journal
Published: Oct 17, 2024

Progress is being made on transforming an old lumber yard in St. Petersburg into an affordable housing development fronting the Pinellas Trail.

A company tied to former Florida Sen. Jeff Brandes purchased the approximately 7-acre property for $6.18 million from a firm linked with local investor Tom Gaffney, according to a Pinellas County deed. The buyer took out a $3.5 million mortgage to help fund the acquisition, property records show.

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