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Less travel, more convenience leads to building spurt
A return to downtown areas is triggering new and refurbished single- and multifamily development projects.
The catch is finding residents who can afford them.
The trend is beginning in St. Petersburg in the form of housing that caters to those seeking convenient, maintenance-free, commute-free living, and those seeking a traditional single-family lifestyle.
One such development is The Madison at St. Pete on Fourth Avenue South.
Madison is a project in line with other upscale multifamily housing developments that cater to middle- to upper-price range buyers willing to pay for downtown amenities and waterfront views.