Burlington Place

Burlington Place is a 53 unit mid-rise community located within St. Petersburg’s Historic Kenwood neighborhood. The new construction development is within close proximity to neighborhood amenities and public transportation. Burlington Place was selected for a $1,105,000 annual allocation of
competitive 9% tax credits in early 2015 by Florida Housing Finance Corporation. Raymond James provided tax credit equity, Neighborhood Lending Partners provided senior debt, and the City of St. Petersburg provided subordinate debt.

Burlington Place contains many on-site amenities such as a fitness center, club/game room, and business center. Burlington Place has on-site management and a resident activities coordinator. The community is fully leased and
maintains a waiting list.

Location: St. Petersburg, Florida
Project Details: 53 Multi-family Apartments 
Construction Start/Completion: 2016/2017
Green Mills Group: Developer/Owner/Asset Manager                                                      Lender(s) TD Bank, Neighborhood Lending Partners, City of St. Petersburg
Limited Partner: Raymond James Tax Credit Funds
Development Cost: $12.3MM
Website www.burlingtonstpete.com