Boutique townhome community, SOMA, announced for 4th Avenue South in downtown St. Pete
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Downtown St. Pete is set to see another luxury townhome development as the real estate market continues to see extraordinarily low inventory and strong buyer demand. Several projects in the downtown area have recently sold out including The Royal, a 13-unit townhome development on 4th Avenue South, and Six Point Row, a 19-unit townhome project on 1st Avenue North in the Grand Central District. This demand is fueling the need for more residential units at all price points.
Coming off the success of their last project, the team behind Driftwood on Central, an 11-unit sold-out mixed-use and townhome development that is currently under construction in the Grand Central District, has announced their latest project – SOMA.
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Pre-leasing is set to begin Saturday, August 15th, with move-ins scheduled after the new year at the first apartment community in Sky Town, an $800 million mixed-use development underway in St. Petersburg’s Skyway Marina District.
The 401-unit iMMiX Apartments, located at 3201 34th Street South, are part of the first phase of the 34.3-acre development being built on the former Ceridian office campus.
Once complete, Sky Town will include 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 across six phases.
Coral Gables-based Altis Cardinal, led by developer Frank Guerra, broke ground on the iMMiX Apartments in September 2025, with Jacksonville-based Summit Contracting Group serving as general contractor.