NewsSt. Pete RisingAugust 31, 2026Pinellas
Mayor Ken Welch selects Magellan Housing to develop 126 affordable homes at Commerce Park
Mayor Ken Welch has named Magellan Housing as the preferred developer for the city-owned Commerce Park site, initiating negotiations for a project featuring 120 income-restricted apartments and six townhomes. The proposed development, known as The Deuces at Commerce Park, also includes 6,000 square feet of retail space.
Read the full story at St. Pete RisingWhy It Matters
The selection sets the stage for a major affordable housing project in south St. Pete, though the final agreement remains subject to future City Council approval.
Key Facts
Each fact below is taken from the article. Click one to see the exact passage.
Who's Mentioned
organizationMagellan Housing“Texas-based firm selected to negotiate the Commerce Park redevelopment.”personKen Welch“Selected the preferred developer for the Commerce Park site.”locationSt. Petersburg“City government jurisdiction”other36“Apartments for 80% AMI”other60“Apartments for 60% AMI”other120“Number of affordable apartments”organizationBlind Tiger Coffee Roasters“In discussions to become an initial retail tenant.”organizationDeuces Rising, LLC“Local affiliate of Magellan Housing.”locationCommerce Park“Development site”organizationCity Council“Must approve any final agreement for the project.”other24“Apartments for 30% AMI”personJames Corbett“Authored a letter to City Council regarding the selection.”