Apartments spur development in Pinellas

The strong rental market is fueling apartment developments in Pinellas County. Largo reports 1200 apartment units are planned or being built. Dunedin, Clearwater, and St. Petersburg are seeing more apartment developments. Communities have been working with developers on development fees to make projects more affordable. There has been little rental development in the past 5 years, and current developments will help ease the current shortage, but may not provide enough affordably priced units. Many of the units under development will rent in the $700-$1400 monthly range.