Construction has begun on Canvas City Homes, a 10-unit townhome development in St. Petersburg’s growing Warehouse Arts District. The community is under construction on a formerly vacant lot on the 2700 block of 5th Avenue South adjacent to First Mount Pilgrim Evangelical Missionary Baptist Church.
The project was exclusively announced on St. Pete Rising in early 2022 and is being built by Tampa-based Sight Development. Sight is also developing a 13-unit townhome community in south St. Pete’s Coquina Key neighborhood named Coquina Cabanas.
Canvas City Homes will offer two 3-bed 3.5-bath floorplans with either 2,040 or 2,070 square feet of open-concept living space and a two-car garage.
“We have seen lots of interest, and have one unit under contract to date,” says Chase Moore, Director of Sales & Marketing at Sight. “We are still the only new construction townhomes in and around downtown St Pete under $700,000.”
Construction on the first building is underway and is expected to wrap up in 2023.
“As we move into the end of the year and spring buying season, with a building where buyers can walk a unit, they will start to move quickly,” Moore explained.
Each home will be three stories and will feature finishes such as a polished concrete entry, oversized subway tile kitchen backsplash, quartz countertops in the kitchen and baths, dual vanity sinks in the primary baths, and Whirlpool stainless steel appliances. All units will also contain a private yard and a second-floor balcony.
Canvas City Homes will be near several creative anchors of the Warehouse Arts District, including The Factory, Fairgrounds, and ArtsXchange. The area has seen a resurgence of investment with many underutilized industrial buildings transitioning into artist galleries and studio space.
However, big changes are in the works that could further transform the area. The city is planning potentially upzoning a portion of the Warehouse Arts District as part of their upcoming StPete2050 visioning plan.
Additionally, a Complete Streets project is in the works for 5th Avenue South between 22nd Street and 28th Street that could add new bike lanes and pedestrian infrastructure to improve the walkability and bikeability of the area.
Pricing for the available units start at $660,000 for interior units and $680,000 for end units.
For more details on Canvas City Homes, request information below.