St. Petersburg City Council members unanimously approved allocating $4.5 million to a sprawling mixed-use development Thursday amid debate over what now constitutes affordable housing.
Once complete, the multi-phased Skytown Apartments project will feature 2,084 housing units, 80,920 square feet of commercial space, 22,500 square feet of accessory self-storage and 4,000 parking spaces at the southwest corner of 34th Street and 30th Avenue South. The 34.3-acre site in the Skyway Marina District was once home to the Ceridian business campus.
Public funding supports the $120.4 million first phase, which includes 401 apartments, a Sprouts grocery store, and nearly 12,000 square feet of retail space. Development firm Altis Cardinal will dedicate 60 units to households earning less than 80% of the area median income (AMI), and 61 will have a 120% limit…