/

|

A joint venture between Greystar and Griffin Capital has broken ground on The Henry at Whitney Village, a 325-unit project in St. Petersburg, Fla. The community is set to come online in March 2027, with preleasing expected to begin in December next year.

Greystar acquired the 4.5-acre site in February for $12 million, according to St. Pete Rising. YMCA sold the land.

Rising at 3200 1st Ave. S. in the Grand Central District neighborhood, the development will be 3 miles from downtown St. Petersburg. Downtown Tampa, Fla., will be 23 miles away, while the city’s international airport will be 19 miles northeast.