Aerial St. Pete: A bird’s-eye view of St. Pete’s development boom

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Aerial St. Pete: A bird’s-eye view of St. Pete’s development boom

The latest edition of Aerial St. Pete highlights the progress of six major real estate projects currently under construction in St. Petersburg.

Aerial St. Pete is a recurring column by St. Pete Rising that features exclusive aerial photography documenting the city’s rapid development. To capture these images, we’ve partnered with AB3 Visuals.

This month’s update showcases construction progress at the Residences at 400 Central, Art House, 3rd & 3rd, Echelon Site 7 & 8, Sky Town, and Viv Apartments.

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St. Pete approves $4.5M for affordable housing in 2,084-unit Sky Town development

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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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2,084-unit apartment community Sky Town to include affordable housing after approval of county funds

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2,084-unit apartment community Sky Town to include affordable housing after approval of county funds

One of the largest residential projects currently in development in St. Petersburg will now include affordable housing thanks to financial support from Pinellas County.

On Tuesday, the Pinellas County Commission unanimously approved $5.5 million for the construction of the first phase of Sky Town, which is expected to break ground in March and include 401 apartments, 121 of which will now be affordable.

Sky Town, which is being developed by Coral Gables-based Altis Cardinal, is a massive mixed-use development expected to bring 2,084 apartments across six five-story buildings to 3201 34th Street South in the Skyway Marina District.

The project, which sits on 34.2 acres, will also include over 80,000 square feet of retail space, 22,500 square feet of office space, 4,000 parking spaces, and 119,160 square feet of self-storage space.

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Massive 2,084-unit apartment community, Sprouts Farmers Market to break ground in the Skyway Marina District

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Massive 2,084-unit apartment community, Sprouts Farmers Market to break ground in the Skyway Marina District

A pile of concrete and rebar is all that remains on one end of the former 380,000-square-foot Ceridian office park in St. Petersburg's Skyway Marina District where a new master-planned community will soon rise.

Coral Gables-based real estate company Altis Cardinal is redeveloping the 34.2-acre site at 3102 34th Street South into a new $500 million mixed-use destination - now called Sky Town.

Altis Cardinal purchased the property in December 2021 for $40 million.

Today, over half of the buildings at the former office park are demolished, and construction crews are preparing to bulldoze another building to make way for the future development.

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2,084-unit mixed-use development Skyway Village approved by St. Pete’s Development Review Commission

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2,084-unit mixed-use development Skyway Village approved by St. Pete’s Development Review Commission

After hours of deliberation, St. Petersburg’s Development Review Commission approved a massive mixed-use development planned for the Skyway Marina District on Wednesday night. The mixed-use project was proposed earlier this year for a long-underutilized office park that previously housed Ceridian, a Minneapolis-based company that provides human resources software and services.

The 34.3-acre development, named Skyway Village, is a phased, master-planned project that will include demolishing most of the existing 380,000 square foot office park at 3102 34th Street South and constructing a series of new mid-rise buildings that include a mix of apartments and walkable community retail, most notably a Sprouts Farmers Market.

Skyway Village is being developed by Altis Cardinal Skyline 2, LLC, an entity controlled by Coral Gables-based Altis Cardinal, and will include 2,084 apartments, 80,920 square feet of retail space, 22,500 square feet of office space, and 119,160 square feet of accessory self-storage space, and 4,000 parking spaces.

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Massive development to bring nearly 2,100 apartments to St. Pete’s Skyway Marina District

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Massive development to bring nearly 2,100 apartments to St. Pete’s Skyway Marina District

Plans have been filed with the City of St. Petersburg for a massive mixed-use development that is set to transform St. Pete’s Skyway Marina District.

Altis Cardinal Skyline 2, LLC, an entity controlled by Coral Gables-based Altis Cardinal, has filed plans to redevelop the Ceridian campus located at 3102 34th Street South.

Altis Cardinal purchased the 34.3-acre office park in December 2021 for $40 million.

The proposed development, named Skyway Village, is a phased, master planned project that will include demolishing much of the existing 380,000 square foot office park and constructing a series of new mid-rise buildings that include a mix of apartments and walkable community retail.

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