CLOSED! We're excited to share that the Landings Real Estate Group team recently completed the acquisition of the development site for 1663 Central Ave in St Petersburg, Florida. With approvals finalized and land under ownership control, the project is now finalizing debt and equity financing for an estimated groundbreaking in Q4 of 2025.

LREG Investments, in partnership with BendInRoad development, presents an opportunity in St Petersburg's rapidly growing Class A Rental Market. Tampa Bay on the rise, with an estimated 3.4M residents, according to the US Census Bureau, and an 11% increase in St Petersburg's total population alone over the past five years. Downtown St. Petersburg is not only ranked among the highest in employment growth and quality of living among all US cities, but within its Opportunity Zones offers developers capital gains tax exemptions if certain criteria are met.

Learn more about this lucrative investment opportunity and sign up to access our investor portal today!

As always, we'd love to hear your thoughts on this new development project! Connect with us on LinkedIn and join our growing community.