Could This Be The Answer To St. Petersburg’s Housing Crisis?
Could this be the answer to St. Petersburg’s housing crisis? We have seen home sales and rental prices skyrocket in the Tampa Bay area. With high rents comes a housing…
3 Mar 1998: A general view of Tropicana Field, home to the Tampa Bay Devil Rays, in St. Petersburg, Florida. Mandatory Credit: Scott Halleran /Allsport
Credit: Scott Halleran /AllsportCould this be the answer to St. Petersburg's housing crisis?
We have seen home sales and rental prices skyrocket in the Tampa Bay area. With high rents comes a housing crisis. St. Petersburg's city council is considering an innovative way to help the situation. They will possibly increase ADU zoning. What's an ADU? That stands for Accessory Dwelling Unit. You know, mother-in-law suites or garage apartments.
There are currently 30,000 homes in St. Pete zoned as ADUs. If city council changes zoning restrictions, that number could increase by as much as 50%.
The city is working on multiple solutions to the affordable housing situation it is facing. Could more garage apartments be the answer to St. Petersburg's problem? City council will take up the debate soon. If the ADU zoning change passes, it would take effect in July.
[SOURCE 10 Tampa Bay]
