BURLINGTON POST II
Burlington Post II will be a $30MM+ new construction, mid-rise, affordable housing community in St. Petersburg, Florida serving low-income seniors. The development will be a second phase built on the existing surface parking lot (approximately one acre) of the first phase, Burlington Post. Future residents will enjoy access to a fitness studio, library/ computer room, community / game room, 24-hour laundry rooms, and on-site management and maintenance.
Burlington Post II was allocated 4% tax credits, SAIL, ELI and NHTF subsidies from FHFC in July 2023. Financial closing and groundbreaking occurred in August 2024. We anticipate placing the first units in service in 2026.
Location: St. Petersburg, Florida
Project Details: 75 Unit Multi-family ApartmentsEst. Construction Start/Completion: 2024/2026 Green Mills Group: Developer/Owner/Asset ManagerLender(s): Florida Housing Finance Corporation, Fifth Third Bank, City of St. Petersburg, Pinellas County, Neighborhood Lending Partners of FloridaLimited Partner: Raymond James Affordable Housing InvestmentsDevelopment Cost: $30MM+Website: Coming Soon…
