Downtown St. Petersburg, Florida — Urban Multifamily

The Blakehurst

The Blakehurst is a six-story urban multifamily community in the heart of downtown St. Petersburg, developed, entitled and brought to construction-ready status by Zhukovskyi Development before a successful sale.

Sold Fully developed · construction-ready · sold
74
Residences
6
Stories
Studio–2BR
Unit Mix
Sold
Outcome
The Blakehurst — Project Rendering
Project Rendering
The Blakehurst — contemporary infill living in downtown St. Petersburg
01 — Overview

Project Snapshot

The Blakehurst is an urban multifamily community set within the walkable core of downtown St. Petersburg, between the EDGE District and Grand Central. Designed as a six-story, 74-residence building with a thoughtful mix of studios, one- and two-bedroom homes, it was conceived as contemporary, transit-oriented infill — attainable living woven directly into the city’s most dynamic corridor. Signature touches include a soaring two-story glass lobby, a resident fitness center, generous indoor bicycle storage and private balconies, with a deliberately car-light footprint that leans into downtown’s growing rapid-transit, bike and scooter network.

For Zhukovskyi Development, The Blakehurst represents a complete and successful development cycle. The firm assembled the site, secured full municipal entitlements through unanimous City Council approval, and advanced the project to a construction-ready, shovel-ready state. Positioned to deliver well-located, design-forward homes in one of Florida’s fastest-rising urban markets, the entitled development was then sold — a clean exit and a confident addition to the firm’s downtown St. Petersburg track record.

MultifamilyDowntown St. PeteEntitled & SoldUrban InfillTransit-Oriented
Location
Downtown St. Petersburg, Florida
Asset Type
Urban multifamily
Residences
74 units
Building
6 stories
Unit Mix
Studios, 1 & 2 bedroom · 1 bath
Design
Contemporary, transit-oriented infill
Stage
Fully entitled, construction-ready
Outcome
Sold
Developer
Zhukovskyi Development
03 — Location

St. Petersburg, Florida

Location
St. Petersburg, Florida
Nearby
Central Avenue dining and retail
The St. Pete Pier
Beach Drive and the downtown waterfront
The EDGE District
Downtown museums and galleries
I-275 regional access
04 — Amenities

Project Highlights

Two-Story Glass Lobby
A light-filled, double-height arrival experience.
Resident Fitness Center
On-site amenity built into the building’s second floor.
Indoor Bike Storage
Generous secure parking for resident cyclists.
Private Balconies
Outdoor space for every residence.
Walkable Downtown Core
Between the EDGE and Grand Central districts.
Transit-Oriented Design
Car-light living near rapid transit and bike share.
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