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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St. Petersburg will test a new plant-based approach to managing stormwater as part of a $7 million project coming to one of the city’s most flood-prone areas.
The city will install eight HydroPlanters, which are modular rain gardens designed to slow and filter rain runoff before it enters the city’s stormwater system.
Each rain garden is about five feet long, three feet wide, and two-and-a-half feet deep.
Filled with specially designed soil, grasses, shrubs, and small trees, the boxes will be installed in an L-shaped configuration along a city-owned grassy area near the intersection of 50th Avenue North and 7th Street North.
During heavy rain, water from the street will flow into the planters and filter through the soil and vegetation. It will then drain into the city’s stormwater system and eventually the 54th Avenue Canal.