\u200bKolter will complete the project in two phases, each with four buildings, with the first featuring 342 units and 484 parking spaces. The second would add 277 apartments and 399 parking spaces, according to the application.<\/p>\n
\u200bA letter submitted by attorney Kevin Reali of Stearns Weaver Miller states that Kolter will seek separate approval for up to 5,000 square feet of retail space on a one-acre parcel at the southwest corner of the property.<\/p>\n
\u200bThe application also notes that the Skyway Marina District is home to multiple commercial plazas anchored by big-box stores. Kolter believes the project will help correct a \u201ccurrent imbalance\u201d by \u201cexpanding the area\u2019s residential population that local retail depends upon.\u201d<\/p>\n
\u200b\u201cIncreasing population and buying power, the primary objective of the Skyway Marina District Plan, is advanced directly by this project,\u201d states the application.<\/p>\n
\u200bPublic safety training facilities owned by St. Petersburg College (SPC<\/a>) will remain to the east of Alton Skyway. Kolter will prioritize greenspace, preserving mature trees and \u201cfacade articulation\u201d as it redevelops the property.<\/p>\n \u200bOne-, two-, and three-bedroom apartments would range in size from 618 to 1,322 square feet. All units would feature balconies.<\/p>\n \u200bHighlighted amenities include two swimming pools and a dog park. The site plan shows a large stormwater pond at the center of the complex.<\/p>\n A site plan for the project at 3200 34th St. S.<\/p>\n \u200bKolter proposed vehicular access from 32nd Avenue, 32nd Street and 36th Avenue South. The firm plans to create eight pedestrian entrance and exit points along 34th Street (U.S. 19) \u201cto encourage alternate modes of transport to and from the site with safe and efficient connections.\u201d<\/p>\n \u200bIn addition to exceeding minimum vehicular parking requirements, Alton Skyway will feature 635 bicycle spaces. The project also includes five long-term bike storage buildings.<\/p>\n \u200bKolter\u2019s application does not list an estimated project cost or construction timeline. The maximum proposed building height is 72 feet.<\/p>\n \u200bAllstate Insurance Company donated the property to what was then St. Petersburg Junior College in 1989. SPC hired Dallas-based CBRE, a global real estate services and investment firm, to facilitate the land sale<\/a> in February 2024.<\/p>\n \u200bKolter has been under contract to purchase the site since December 2024, but needed a comprehensive plan amendment to build a mixed-use development. Council members approved the change<\/a> from Institutional to Planned Redevelopment \u2013 Commercial, without much discussion.<\/p>\n \u200b\u201cIt\u2019s all about the future of economic development, and I think that\u2019s what this does,\u201d Councilmember Corey Givens Jr. said in October. \u201cIt opens the door for future jobs; future economic development that will help small business owners.\u201d<\/p>\n![\"\"](\"https:\/\/www.newsbeep.com\/us-fl\/wp-content\/uploads\/2025\/12\/Alton-Skyway-site-plan.jpg\")
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