|
A $103.4 million financing package has closed for the purchase and renovation of a downtown St. Petersburg apartment building, clearing the way for major improvements to 188 affordable senior apartments.
The building at 518 Third Avenue S., formerly known as the Viridian and now renamed Skye Isle, will undergo a yearlong renovation that includes new plumbing, cooling systems, windows, kitchens and bathrooms. The project will also bring a wellness center and services aimed at helping older residents remain in their homes.
|