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2021 Development Guide

Qualities of Place

This Developer’s Guide Describes St. Petersburg’s Downtown in a Unique Moment of Inflection

St. Petersburg is uniquely poised to shine in a post-COVID world. As a sun-drenched, art-filled, metropolis, St. Petersburg embraces a creative energy that fuels entrepreneurship and outdoor living. This year promises to be a pivotal moment in our city’s continued evolution. This guide is a snapshot of our growth. We are excited about future development that takes advantage of our coastal climate, a foundation of good design, intentional inclusivity and a welcoming culture that already defines this special place.

St. Petersburg, FL evening skyline from the new St. Pete Pier.

2021 St. Petersburg Accolades

#1
Park Access, Investment, Acreage, and Amenities in SE U.S.
Trust for Public Land
#2
City For Homebuyers in the U.S.
#2
City to Celebrate LGBT Pride in the U.S.
USA Today
#3
Bike Friendly Businesses in the U.S.
League of American Bicyclists

Data

The city skyline ascends to crest at the water’s edge, and city high-rises are primarily residential buildings. That density means that Downtown St. Pete is lively with plazas, parks and outdoor bars and restaurants, creating a dynamic urban-village vibe. A strong commitment to preserving our authentic, local feeling permeates our restaurant and retail sectors.

Announced in 2023

13
New Projects Announced
9
Residential
2
Mixed-Use
2
Hotel

2,600
Residential Units
213,400
Retail and Commercial SQ FT
2,900
Parking Spaces
1,000
Bike Spaces
504
Hotel Rooms
332
Non-Market Rate Units

Under Construction in 2023

2,200
Residential Units
317
Hotel Rooms
45,000
Office Space SQ FT
80,900
Retail Space SQ FT

Planned in 2019

36
New Projects Planned
17
Multifamily Residential
6
Hotel
5
Mixed Use
4
Institutional
2
Transformational
2
Municipal

1,900
Residential Units
822
Hotel Rooms

Under Construction in 2019

1,700
Residential Units

Planned in 2020

56
New Projects Planned
26
Multifamily Residential
7
Hotel
7
Institutional
4
Municipal
4
Mixed-Use
3
Coworking Spaces
3
Food Hall Concept
2
Transformational

1,900
Residential Units
963
Hotel Rooms

Under Construction in 2020

1,700
Residential Units

Announced in 2021

18
New Projects Announced
9
Residential
6
Mixed-Use
2
Coworking
1
Hotel

2,350
Residential Units
214,000
Office Space SQ FT

Under Construction in 2021

714
Residential Units

Announced in 2022

23
New Projects Announced
15
Residential
4
Mixed-Use
2
Hotel
2
Medical

2,900
Residential Units
2,300
Bike Spaces
3,400
Parking Spaces
543
Non-Market Rate Units
61,000
Retail and Commercial SQ FT
192,000
Medical SQ FT
352
Hotel Rooms

Under Construction in 2022

2,300
Residential Units
380
Hotel Rooms
154,000
Office Space SQ FT
133,000
Retail Space SQ FT

Community Voices

Headshot of Gwendolyn Reese
Q&A with Gwendolyn Reese
Headshot of Shirl Penney
Q&A with Shirl Penney
Headshot of Eve Epstein
Q&A with Eve Epstein