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What was once a deplorable mobile home park just outside St. Petersburg city limits will now house an affordable housing community for residents with special needs.
Pinellas County officials discussed the former Wood Acres mobile home park’s ongoing saga Tuesday. While old asbestos-filled trailers no longer occupy the 1.55-acre property at 3901 46th Avenue North in unincorporated Lealman, redevelopment plans have repeatedly stalled.
Pinellas Affordable Living (PAL), a nonprofit operating under the Boley Centers’ umbrella, will now assume control of the triangular-shaped parcel. Commissioner Charlie Justice stressed the importance of...
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When you don’t raise rents to market levels you can’t inject capital back into the property and instead tear it down and convert it into apartments at rents five times higher.