St. Pete approves $4.5M for affordable housing in 2,084-unit Sky Town development
/One of the largest residential developments underway in St. Petersburg is set to receive local funding to support the inclusion of affordable housing.
On Thursday, the St. Pete City Council unanimously approved a $4.5 million contribution from the Housing Capital Improvement Fund for the first phase of Sky Town, a major mixed-use project planned for 3201 34th Street South in the Skyway Marina District.
This follows the Pinellas County Commission’s earlier unanimous decision to allocate $5.5 million to Coral Gables-based developer Altis Cardinal for the same phase of the project.
Originally planned as a fully market-rate development, the project now includes affordable housing thanks to a combined $10 million subsidy from the city and county.
Sky Town will be built in six phases and is set to include 2,084 apartments, 69,000 square feet of neighborhood retail anchored by a Sprouts Farmers Market, and 120,000 square feet of self-storage space.
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A St. Pete native and former USF basketball star is preparing to open what he calls a love letter to his hometown.
Love Language 727 Restaurant & Lounge will open in October at 3063 Central Avenue in the Grand Central District.
The space was previously home to 31 Grand, a sports bar that closed in late 2024 following back-to-back hurricanes. Before that, it housed Punky’s Bar and Grill, an LGBTQ-friendly establishment that closed in 2022 after nearly seven years in business.
Owner Jimmy Devon Baxter is returning to St. Pete after nearly two decades in Atlanta, where he said he was inspired by the city’s experience-driven restaurant and lounge scene.
After graduating from Boca Ciega High School, he played basketball for the University of South Florida from 2000 to 2004.
During his senior year, Baxter received the NCAA Award of Valor for helping rescue two men trapped inside a vehicle following a violent crash. The City of Tampa also presented him with a key to the city for his efforts.