“Income will not be a barrier to get in there.”
The eight-acre site is near the organization’s Longlake Preserve community.
St. Petersburg has triggered a state law that requires public notice before disposing of property in a community redevelopment area.
A developer based in South Florida can now build up to 776 housing units at the site.
“We’re trying to house people immediately.”
"The Sky Town development marks a new era for the Skyway Marina District."
Nine of the project's units are for people who earn just 30% of the area median income.
Two local experts stressed the importance of strategic planning, collaboration, adaptability and applying industry best practices.
Two new homes will be built on City-owned land for individuals who earn 80% of the area median income or below.
CEO Mike Sutton said the new benchmark “speaks volumes” about the community and "the people who wrap their arms around” the local affiliate.