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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

Key Findings

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  • City spends $80 more per resident than the national average on park maintenance
  • 84% of visitors drawn to Pinellas County for arts and culture end up in St. Petersburg
  • Transit-oriented development is happening, with 33 planned projects along the SunRunner route 
  • Residential units under construction will increase Downtown inventory by 22% and adding in proposed units, inventory will grow by 85%
  • Downtown houses 3% of the city’s physical space and 30% of its jobs
  • 95% of the city’s Public Administration jobs, 50% of Health Service jobs and 40% of its Leisure & Hospitality jobs are Downtown

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.

Planned in 2020

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

1,900
Residential Units
963
Hotel Rooms

Under Construction in 2020

1,700
Residential Units

Community Voices