A $6M county land funding decision could advance a 174-unit housing project.
Pinellas County commissioners will consider whether to commit up to $6 million in public funds toward a land purchase tied to a planned affordable housing development in south St. Petersburg.
The measure would direct Penny for Pinellas revenue to acquire the site for Skyway Flats, a 174-unit project at 3600 34th St. S. The development is being advanced by ECG Pinellas, LP.
County materials show the funding as part of a larger capital stack supporting a project expected to cost roughly $76.8 million. The public contribution would be limited to land acquisition, which is estimated at about $6.16 million…