St. Petersburg Celebrates New Senior Housing Facility
The five-story Burlington Post II provides 75 affordable residential units for area seniors.
Updated on Oct. 29, 2026 in Seniors
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St. Petersburg officials have officially celebrated the grand opening of Burlington Post II, a new five-story affordable housing community. The development serves seniors earning between 22% and 80% of the Area Median Income.
Why it matters
The project addresses significant challenges older adults face in securing safe and affordable living spaces within the region. It builds upon the success of the original Burlington Post community that opened in 2018.
The facility includes 75 residential units within a five-story structure. St. Petersburg contributed $5.8 million, Pinellas County provided $3.75 million, and the local Housing Finance Authority issued $16 million in tax-exempt bonds.
The players
City of St. Petersburg
The local municipal government provided $5.8 million in funding to support the development of the affordable housing community.
Pinellas County
The regional governing body contributed $3.75 million toward the project and manages administrative oversight for housing initiatives.
Housing Finance Authority of Pinellas County
This authority is responsible for issuing tax-exempt housing revenue bonds to support affordable development projects.
The details
Developers coordinated with city officials to navigate site constraints and underwriting requirements to complete the project. The facility utilizes a financing structure composed of local government funds and low-income housing tax credits.
Timeline
2015: The ground lease for the property was signed.
2018: Burlington Post I began welcoming residents.
October 2024: Construction on Burlington Post II commenced.
September 2026: Residents began to move into Burlington Post II.
October 28, 2026: Grand opening ceremony held for Burlington Post II.
Culture Shift
The development follows a pattern of expansion set by the 2018 opening of the Burlington Post I community. It reflects a broader shift toward creating dedicated, low-income living environments for aging populations in urban centers.
This project provides new housing availability for seniors in the St. Petersburg area struggling to find affordable options. Residents can now access the 75 newly completed units at the site on Burlington Avenue North.
The takeaway
The successful completion of this facility highlights the impact of combined local funding and tax incentives on housing availability. Seniors in the area should monitor future municipal announcements for similar affordable living opportunities.
Further reading
For more information on housing initiatives, visit the Seniors section.
Source note: This article includes information reported by St Pete Catalyst.
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