A partnership between Blake Investment Partners and Greystar Real Estate Partners has filed an application with the City of St. Petersburg’s Development Review Committee for the redevelopment of more than 4.5 acres of the Jim & Heather Gills YMCA campus, on the west side of downtown St. Petersburg.
The proposed development, at the southwest intersection of 31st St. South and 1st Ave. South, will be dubbed Whitney Village.
Jim & Heather Gills YMCA will get a renovated facility complete with a lighted, artificial turf field that will parallel 1st Ave. South.
On the east section of the property, Blake Whitney Thompson, owner of Blake Investment Partners, is planning a family-friendly, outdoor-oriented retail area, extending Grand Central District to the YMCA.
A residential community, to be named The Bellamy at Whitney Village, will be developed by a joint venture between national multifamily experts, Greystar Real Estate Partners and Blake Investment Partners.