HSN Headquarters Reborn: 400 Affordable Apartments

0:00It's April 13th. I'm Corey with The Story, and this is Tapabay News. Today, your AI-powered local news. The old home shopping network headquarters in North St. Petersburg, a 65-acre spot, is getting a major makeover. Graystar, the country's top apartment developer, has it under contract after HSN put it up for sale last spring. They're planning over 400,000 square feet of industrial space on the east side and hundreds of garden-style apartments on the west. Things just drop for those apartments, aiming for the high 300s units, with at least 40% set aside as affordable housing for 30 years. This pairs nicely with the industrial park already green-lit by city reviewers back in March. Folks are buzzing because the land's zone for jobs only, no homes allowed normally. But Florida's Live Local Act from 2023 changes that it forces approval for projects like this on commercial or industrial sites too. Boost workforce housing stay wide.

1:00The build rolls out in three phases, first, fixing up infrastructure like wetlands and stormwater. Then the apartments, wrapping with the industrial space. Graystar's team includes top engineers and architects, and they've got similar projects popping up around St. Pete, like high rises downtown and more. Apartments nearby. This mix of jobs and homes could reshape North St. Pete's skyline while tackling the housing crunch head-on.