Azalea Cay Breaks Ground at 1501 72nd St N in St. Petersburg

The first phase of Azalea Cay, a residential development approved for up to 1,056 units, is under construction at 1501 72nd Street North in St. Petersburg. Previously tracked as proposed, the project has moved into active construction. Porter Development is the developer, with ARC3 Architecture as architect.

Phase one has 341 apartments, 102 of them income-restricted. The full project includes 300 affordable units, roughly 28 percent of the total. Plans call for 1,800 parking spaces. Phase one is expected to be complete, with leasing under way, by early 2029.

Amenities include a clubhouse, leasing office, fitness center, yoga room, game room, pool, and pet spa. The site sits in the 33710 zip code, west of downtown near the Tyrone corridor.

The property fronts 72nd Street North, a major north-south corridor linking Tyrone Boulevard and Tyrone Square to the north with the beaches to the west.

Correction, Oct. 21, 2026: An earlier version of this story said the full 1,056-unit project was under construction and gave a December 31, 2030 completion date. Only the 341-unit first phase has started, and it is expected to be complete by early 2029.