Prospect Towers of Clearwater, now known as the Indigo Apartments at 801 Chestnut St., stands out as a 17-story apartment building with 208 units, mainly studios and one-bedroom apartments, and you'll find that it has served many people since it was built in 1971, right in the middle of Clearwater, not far from what folks call the #1 ranked beach in the U.S., so there's good views of sunsets over Clearwater Beach from up in the tower. The place has gone through several owners and name changes, with Covenant Capital Group buying it in 2020 before Sunrise Affordable Housing Group took over, and now there's a plan, working with the City of Clearwater and the Pinellas County Housing Finance Authority, to keep costs down for people who earn between 30% and 80% of the area's median income, so the place is meant for seniors and families who can use some help with rent. The apartments have unique names like "Studio 1," "Studio 2," and "Studio 3," and there's independent living for folks 55 and older, so if someone needs support with activities like bathing or getting around, there are services for that, and the property stays open even while they make renovations.
They intend to put $10 million into making the building safer and nicer, which means there'll be new hurricane impact windows, better elevators, a new roof, and upgrades to plumbing and electrical systems, plus planned unit renovations, so the old building can keep serving residents a good while longer without building a whole new tower. Meals prepared here focus on nutrition, and staff pay attention to vitamins and minerals, so people say the food aims to be good for you. There's a bunch of activities to keep everyone socially, physically, and mentally busy, and the culture seems to push friendliness and kindness, both from staff and the folks who live here. The facility offers things like a professional PT staff, outpatient rehab, and doctors in different specialties, including oncology and psychiatry, and wellness services like red light therapy and oxygen baths, so people don't have to travel far for care. The property sits in a "Very Walkable" and "Very Bikeable" part of Clearwater, with lots of dining and nightlife nearby, and the tower's pretty well known in the Downtown Clearwater skyline. You get features like utilities metering and amenities that help active seniors feel comfortable, plus help with rent if needed, so it fits for people looking for affordable, hassle-free living in a spot with decent services and a strong sense of community, and longtime locals will remember it as the big affordable housing tower that's sticking around with a promise to keep it that way.








