$103M investment to transform downtown St. Pete apartments

The building formerly known as the Viridian and now renamed Skye Isle will undergo yearlong renovation.

Article by Matthew Reed, shared with his permission, published in the St. Pete Catalyst October 9, 2026, describing the extensive renovations to be made on this senior affordable housing project leveraging funds provided by the Housing Finance Authority of Pinellas County. Financing included tax-exempt bonds issued by the Housing Finance Authority, federal housing tax-credit equity, private lending and city and state assistance.