174-unit affordable housing project with rents starting at $512 per month proposed for Skyway Marina District
/A new affordable housing development proposed in St. Petersburg’s Skyway Marina District would bring 174 income-restricted apartments, including units reserved for young adults aging out of foster care.
Nashville-based Elmington Capital Group plans to develop Skyway Flats at 3600 34th Street South on a 2.87-acre site currently used as a surface parking lot next to the Salterra assisted living complex, which remains closed following damage from the 2024 hurricanes.
The five-story project would include 28 one-bedroom units, 100 two-bedroom units, and 46 three-bedroom units, serving households earning between 30% and 80% of the Area Median Income.
Eighteen apartments would be set aside for youth aging out of foster care, paired with support services such as financial literacy training, housing stability programs, and connections to community resources.
Rents are projected to start as low as $512 per month.
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