{"id":6805,"date":"2025-10-16T16:32:05","date_gmt":"2025-10-16T16:32:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/6805\/"},"modified":"2025-10-16T16:32:05","modified_gmt":"2025-10-16T16:32:05","slug":"city-breaks-ground-on-sky-town-apartments-bringing-120-affordable-units-to-st-pete","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/6805\/","title":{"rendered":"City breaks ground on Sky Town Apartments, bringing 120+ affordable units to St. Pete"},"content":{"rendered":"

<\/a><\/p>\n

The City of St. Petersburg and Pinellas County have officially broken ground on\u00a0Sky Town Apartments, a major new development bringing more than\u00a0120 affordable units\u00a0to the\u00a0Skyway Marina District. Once complete, it will be\u00a0St. Pete\u2019s largest mixed-income residential project\u00a0based on both acreage and number of homes.<\/p>\n

Located at\u00a03201 34th St. S, the\u00a034.3-acre site\u00a0will feature\u00a02,084 apartments, a\u00a0Sprouts Farmers Market\u2013anchored retail center, and\u00a0self-storage space.<\/p>\n

\u201cThis project marks a new era for the Skyway Marina District<\/a>,\u201d said\u00a0Mayor Kenneth T. Welch. \u201cSky Town is an example of how forward-thinking investments can strengthen neighborhoods, attract workforce talent, and expand opportunities for residents. I\u2019m grateful to Pinellas County, Altis Cardinal, and our many partners for their shared commitment to creating affordable and workforce housing. Together, we\u2019re continuing to build on one of our key pillars of progress\u2014Housing Opportunities For All\u2014by ensuring St. Pete residents have a safe and stable environment to call home.\u201d<\/p>\n

Expanding affordable housing in St. Pete with Sky Town<\/p>\n

During the first phase of construction,\u00a0121 of the 401 units\u00a0will be designated as\u00a0affordable housing\u00a0under the city\u2019s\u00a0Housing Opportunities For All\u00a0plan. Of those,\u00a061 units\u00a0will be available to households earning up to\u00a0120% of the area median income (AMI)\u2014or\u00a0$103,200 for a family of three\u2014and\u00a060 units\u00a0will be reserved for households earning up to\u00a080% of AMI, or\u00a0$68,800 for a family of three.<\/p>\n

The City of St. Petersburg is contributing\u00a0$4.5 million\u00a0in funding through a\u00a0forgivable loan\u00a0from its Housing Capital Improvement Fund. In addition,\u00a0Pinellas County\u00a0is providing\u00a0$5.5 million\u00a0from the\u00a0Penny for Pinellas<\/a>\u00a0fund to support the project\u2019s first phase.<\/p>\n

\"A\"ASky Town will be anchored by a Sprouts Farmers Market<\/p>\n

A modern-mixed use community<\/p>\n

Sky Town Apartments will offer a range of living spaces, from\u00a0studio apartments\u00a0to\u00a0three-bedroom units, spanning\u00a0562 to 1,370 square feet. Residents will also enjoy modern amenities, including a\u00a0rooftop lounge,\u00a0swimming pool, and\u00a0ground-floor retail options, all designed to foster a vibrant, walkable community.<\/p>\n

Mayor Welch launched the\u00a0Housing Opportunities For All Plan\u00a0in April 2023 to expand affordable housing access and address rising costs in St. Pete. The initiative builds upon the city\u2019s existing 10-year plan by adding support for renters, financial assistance for homeowners, and new incentives for developers to create more affordable units across the city.<\/p>\n

Housing for all in the Sunshine City<\/p>\n

The plan is part of Welch\u2019s broader\u00a0Pillars for Progress\u00a0agenda, which emphasizes housing affordability as a cornerstone of equitable growth and strong neighborhoods.<\/p>\n

Learn more about St. Pete\u2019s affordable housing initiatives\u00a0here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"The City of St. Petersburg and Pinellas County have officially broken ground on\u00a0Sky Town Apartments, a major new…\n","protected":false},"author":2,"featured_media":6806,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-6805","post","type-post","status-publish","format-standard","has-post-thumbnail","category-st-petersburg","tag-st-pete","tag-st-pete-headlines","tag-st-pete-news","tag-st-petersburg","tag-st-petersburg-headlines","tag-st-petersburg-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/6805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=6805"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/6805\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/6806"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=6805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=6805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=6805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}