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Clearwater housing project hits financial, physical roadblocks


CLEARWATER — A $38.4 million project that city officials say would bring much-needed housing to downtown and support nearby Cleveland Street businesses appeared to be on the fast track after city leaders got a first glimpse of the development in October.
In January, Pinellas County commissioners signed off on providing the 173-unit project with about $3.4 million in Penny for Pinellas funds earmarked for affordable housing. Last month, the City Council was preparing to review a development agreement so plans could move forward.
That momentum has come to a halt, however, after financial and physical obstacles have stalled the plan to redevelop the 3.5-acre piece of vacant city-owned property at 306 S. Washington Ave. ....

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