SkyWay Lofts completes 66 new affordable apartments in the Skyway Marina District

SkyWay Lofts completes 66 new affordable apartments in the Skyway Marina District

As the Skyway Marina District continues to grow, a local developer is bringing more affordable housing to the neighborhood.

Tampa-based affordable housing developer Blue Sky Communities has completed the second phase of SkyWay Lofts, adding 66 new apartments to the 1.19-acre property at 3800 34th Street South.

The new, four-story building is reserved for residents earning between 22% and 80% of the area median income (AMI), or roughly $16,000 to $58,000 per year for a one-person household. Notably, the monthly rent starts at $305 for a one-bedroom and one-bathroom unit. 

The building is already at full occupancy with a waitlist available for applicants.

“Thanks to the City of St. Petersburg, the Skyway Marina District has been transformed into one of the premier neighborhoods of our city,” Scott Macdonald, Executive Vice President and Partner of Blue Sky Communities, said at the ribbon-cutting ceremony on Tuesday.

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Skyway Lofts II will add 66 affordable apartments to the Skyway Marina District

Skyway Lofts II will add 66 affordable apartments to the Skyway Marina District

The development group behind Skyway Lofts, a 65-unit affordable housing community that opened in 2022, recently broke ground on Skyway Lofts II, which will bring even more affordable apartments to St. Petersburg's Skyway Marina District when it opens next year.

Tampa-based Blue Sky Communities, which has developed multiple affordable housing projects throughout Tampa Bay, has started turning dirt at 3900 34th Street North where a four-story building with 66 apartments will rise.

The group recently acquired the vacant parcel in a $2 million deal through a joint venture land trust with the Pinellas County Housing Authority.

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