PINELLAS COUNTY, Fla. — A ribbon cutting was held Tuesday for the second phase of Skyway Lofts in St. Petersburg, adding 66 new units of affordable housing to the Skyway Marina District.

Public and private leaders say as the Skyway Marina District continues to grow, preserving housing for people earning less than 80 percent of the area median income is critical. 

According to the builders, the mid-rise development consists of two buildings and offers 131 thoughtfully designed one- and two-bedroom apartment homes. Each apartment features multiple energy-efficient elements, including modern kitchens, bathrooms and ample storage closets.

One resident says the $24.9 million development in the 3900 block of 34th Street South has given him stability in the neighborhood where he grew up.

“When I see people who are homeless, I’m grateful to have a roof over my head,” said resident Terrell Reynolds.

Skyway Lofts Phase Two is at full occupancy, but there is a waitlist available for future renters.

Use the video link above for more from Spectrum Bay News 9’s Fadia Patterson.