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.