Affordable housing development, Skyway Lofts, opens in the Skyway Marina District
/A 65-unit affordable apartment community is now open in south St. Pete’s growing Skyway Marina District.
Skyway Lofts, located at 3900 34th Street South, is the latest affordable housing development by Blue Sky Communities. The project broke ground in September 2020 and consists of two four-story buildings with 17 one-bedroom units at 650 square feet each and 48 two-bedroom units at 960 square feet.
Of the 65 units, 10 will cater to households making 0-30% of the area median income (AMI) while 42 units will cater to households making up tp 60% of AMI.
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A 16-story apartment tower has been proposed across from the University of South Florida St. Petersburg campus, replacing a larger project approved for the same property last year.
The proposed development would rise at 446 4th Street South, at the northeast corner of 5th Avenue South and 4th Street South.
The 0.7-acre property is currently home to a 105-year-old commercial building previously occupied by Fresenius Kidney Care American Dialysis Center and an adjacent surface parking lot.
The project, which would be developed by Charleston, South Carolina-based The Beach Company, will contain 165 apartments, approximately 3,200 square feet of ground-floor retail space, a 176-space parking garage, and 178 bicycle spaces.
It’s a significant change from the development St. Petersburg City Council approved for the site in February 2025.