619-unit Alton Skyway apartment community planned for SPC’s Allstate Campus in the Skyway Marina District
/alton skyway, a 619-unit apartment community proposed for the Skyway Marina District | kolter multifamily
For the first time, detailed plans have been filed showing what will replace St. Petersburg College’s former Allstate Campus in the Skyway Marina District.
Delray Beach–based Kolter Multifamily has submitted a site plan review application to the City of St. Pete for Alton Skyway, a luxury garden-style apartment development proposed for the 17.25-acre property at 3200 34th Street South.
The plans call for 619 apartments across eight five-story buildings and neighborhood-scale retail.
According to the application, which is scheduled to be reviewed by the city’s Development Review Commission in February, Alton Skyway would be constructed in two phases.
Phase one would deliver 342 apartments across four buildings on the southern half of the site, along with 484 parking spaces.
Phase two would add the remaining 277 units in four additional buildings and 399 parking spaces.
the 17.25-acre property at 3200 34th Street South | Google Maps
One-, two-, and three-bedroom apartments would range from approximately 618 to 1,322 square feet. All units would feature balconies.
At the center of the community, plans show a large stormwater pond.
Amenities include two swimming pools, a dog park, and additional indoor amenities that were not detailed in the submitted application.
An approximately one-acre parcel at the southwest corner of the property is planned for up to 5,000 square feet of commercial space, which will be reviewed separately, according to a letter submitted by attorney Kevin Reali of Stearns Weaver Miller, who is representing Kolter.
The site plan follows the St. Petersburg City Council’s unanimous approval in October to change the property’s Future Land Use designation from Institutional to Planned Redevelopment Commercial, allowing Kolter to develop a mixed-use project on the site.
The property is zoned Retail Center-1 (RC-1) and lies within the Skyway Marina District Activity Center, allowing up to 45 residential units per acre, or as many as 776 units on the 17.25-acre property. The 619-unit proposal is well below that maximum.
Parking also exceeds minimum requirements, with 883 surface parking spaces proposed versus 775 required, along with 635 bicycle parking spaces.
Site plan for Alton Skyway | Kolter multifamily
The project team includes Orlando-based Dwell Design Studio as architect, Longwood-based Dix.Hite + Partners as landscape architect, and Kimley Horn as civil engineer.
A construction timeline and total project cost were not disclosed.
The property was originally developed in the 1960s alongside an adjacent five-acre parcel to the east, which was later acquired and developed by Allstate Insurance Company.
In 1989, Allstate donated the combined 22-acre property to St. Petersburg Junior College, where it became home to SPC’s Criminal Justice Institute, supporting criminal justice, fire science, and corporate training programs.
In early 2024, SPC announced it would solicit offers for the property as part of a broader strategy to sell underused properties and reinvest proceeds into its educational mission.
The property went under contract on October 8, 2024, with a purchase price of $26 million. The transaction is scheduled to close between September and December 2026, following entitlement approvals.
Alton Skyway will include 619 apartments across eight five-story buildings | kolter multifamily
Alton Skyway is expected to rise directly across the street from Sky Town, the $800 million redevelopment of the former Ceridian campus that is now under construction.
Sky Town is planned to deliver 2,084 apartments, 69,000 square feet of retail anchored by a 23,000-square-foot Sprouts Farmers Market, and 120,000 square feet of self-storage.
Alton Skyway would also join several recently completed residential communities in the neighborhood, including Sur Club, The Addison Skyway Marina, Marina Walk, and Marina Club.
Additional projects are also in the pipeline, with construction nearing completion on an expansion of Skyway Lofts that will deliver 66 affordable apartments, and Convivial, a 170-unit retirement community, slated to break ground in 2026.
While Alton Skyway is being developed by Kolter Multifamily, the Kolter Group’s other development arm, Kolter Urban, is best known in St. Pete for its downtown condominium towers, including ONE St. Petersburg, Saltaire, and the recently completed Art House.
Kolter Urban is also behind Corey Landing, a proposed mixed-use waterfront project in St. Pete Beach that will include 133 luxury condominiums, 11,000 square feet of retail and restaurant space, a new public park, and a dock.
