Downtown St. Petersburg, Florida — Highrise Multifamily

The Skyway

The Skyway is a downtown St. Petersburg highrise multifamily community that Zhukovskyi Development entitled and brought to construction-ready before a successful sale.

Sold Fully developed · construction-ready · sold
126
Planned Residences
7
Stories
1 & 2 BR
Unit Mix
Sold
Outcome
The Skyway — Project Rendering
Project Rendering
The Skyway — downtown St. Petersburg highrise multifamily
01 — Overview

Project Snapshot

The Skyway is a highrise multifamily community in the heart of downtown St. Petersburg, designed as an infill landmark on a walkable site near Mirror Lake at the western edge of the city center. Conceived as a seven-story building of compact, attainable one- and two-bedroom residences, its U-shaped form wraps a third-floor interior courtyard anchored by a private resident pool and terrace — an amenity heart shielded from the street and reserved for those who live there.

Zhukovskyi Development originated the project, advanced it through the City’s entitlement process, and carried it to a fully developed, construction-ready position. With the vision defined and the site shovel-ready, the company executed a successful sale of the asset — a clean developer-to-developer exit that handed off a downtown community primed to break ground. The Skyway stands as a strong track-record entry: the right product, in the right location, taken from concept to construction-ready and monetized.

MultifamilyDowntown St. PeteHighriseEntitled & SoldConstruction-Ready
Location
Downtown St. Petersburg, Florida
Asset
Highrise multifamily
Unit Mix
1 & 2 bedroom · 1 bath
Residences
126 planned
Stories
7
Signature Feature
Third-floor courtyard with private pool & terrace
Stage
Fully entitled, construction-ready
Outcome
Successfully sold
Developer
Zhukovskyi Development
02 — Location

St. Petersburg, Florida

Location
St. Petersburg, Florida
Nearby
Central Avenue retail and dining corridor
The St. Pete Pier
Beach Drive waterfront and parks
The EDGE District
Downtown museums and arts district
I-275 regional access
03 — Amenities

Project Highlights

Courtyard Pool & Terrace
Private resident pool on a sheltered third-floor courtyard.
U-Shaped Courtyard Design
The building wraps a landscaped interior amenity heart.
Attainable Residences
Efficient one- and two-bedroom homes for downtown living.
Walkable Downtown Infill
Steps from Central Avenue and the EDGE District.
Entitled & Construction-Ready
Advanced through City review to a shovel-ready position.
Successful Exit
Developed and sold by Zhukovskyi Development.
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