400-unit Marina Club Apartments completes construction in the Skyway Marina District
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Three years after breaking ground, the 400-unit Marina Club Apartments has completed construction in the Skyway Marina District, adding another large residential community to one of St. Petersburg’s fastest-growing neighborhoods.
The eight-story apartment building, located at 4341 34th Street South and overlooking Boca Ciega Bay, was developed by Jack Dougherty of Allied Group Holdings and built by Skanska USA.
Dougherty previously developed the neighboring Marina Walk Apartment Homes, a 245-unit community that opened in 2022.
Marina Club Apartments was designed by Architectonics Studio and consists of six residential floors built atop a two-story podium garage.
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Construction is underway on Azalea Cay, a planned 1,000-unit apartment community on the former Raytheon property in west St. Pete.
Tampa-based Metro Development Group, St. Pete-based Porter Development, and local elected officials broke ground Monday morning on the first phase of the project at 1501 72nd Street North, near Azalea Park and Tyrone Square Mall.
The $109.8 million first phase will bring 341 apartments, including 102 income-restricted homes.
Fifty-one apartments will be reserved for households earning up to 80% of the area median income (AMI), while another 51 will be available to households earning up to 120% of AMI.
“I look around and I envision someday teachers, nurses, first responders coming home from a tough day at work and calling Azalea Cay home,” Les Porter, president of Porter Development, said during the ceremony. “Maybe one of the big reasons why they’re still able to live in St. Pete is because of the rent associated with their apartment.”
The remaining 239 apartments will rent at market rate. The income-restricted units must remain affordable for at least 50 years.