St. Pete's Skyway Marina District sees surge in apartment development.

1 min read
Source: St. Pete Rising
St. Pete's Skyway Marina District sees surge in apartment development.
Photo: St. Pete Rising
TL;DR Summary

Local real estate developers have proposed an 8-story, 97-unit apartment building with zero parking on the east side of the Grand Central District in St. Pete. The $25 million development will include bike parking on site, but no traditional parking lot or garage. Changes to the City’s land development regulations and comprehensive plan relaxed the mandatory minimum parking requirements for multifamily developments in an effort to address affordable housing concerns. The project will be granted additional FAR by achieving LEED Gold certification and providing financial support to the City's streetscape improvement program and the Housing Capital Improvements Projects trust fund.

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