By clicking “Accept All Cookies”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. View our Privacy Policy for more information.

2020 Development Guide

Creating a Shared Vision

Downtown St. Pete is in the midst of transformative change. Over the next decade, the Downtown Partnership forecasts public and private investments approaching $8 billion will be spent in our city center. We are committed to helping to manage this change. This Downtown Development Guide is designed to help citizens, developers, business leaders and policy makers better understand the current state of Downtown as we plan for the future. As our city grows, we will continue to advocate for smart development and thoughtful public policies as we create a shared vision for Downtown St. Pete.

Photograph of a pelican in the marina in front of the St. Petersburg, FL skyline at sunset.

2020 St. Petersburg Economic Highlights

$20B
Downtown Residential Property Value
$1.5B
Downtown Commercial Property Value
$1.2B+
New Development Estimated Value
$230M+
Downtown Retail Sales

Data

Planned in 2019

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

1,900
Residential Units
822
Hotel Rooms

Under Construction in 2019

1,700
Residential Units

Community Voices