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2025 Development Guide

Resilient & Strong

St. Petersburg is resilient in every sense of the word. Downtown St. Pete’s appeal as a vibrant and verdant urban center has never been greater.

The Development Guide is a snapshot in time. It memorializes progress and provides data points to help guide our evolution. In everything we do, we want to reinforce the local authenticity and connectivity that sets St. Petersburg apart from other cities. Smart land use policies, infrastructure investment and thoughtful new development will ensure that our Downtown continues to thrive.

View of Downtown St. Petersburg with lake prominently in the foreground

2025 St. Petersburg Accolades

#1
BEST RUN CITY IN FLORIDA
WalletHub
#1
WORK-LIFE BALANCE IN FLORIDA
Coworking Café
#1
IN STATE FOR DOG WALKABILITY
MarketWatch
TOP 10
HAPPIEST CITY IN THE SOUTHEAST
SmartAsset

Key Findings

78%

Residents live within a 10 minute walk

400,000 SQ FT

Office space over the next four years

"Top Foodie City in America"

Travel + Leisure

170th Mural

Completed at SHINE's 10th anniversary

6,000

Residential units proposed

90/100

Downtown's Bike Score
  • St. Petersburg moved up four places on the Trust for Public Land’s ParkScore, now ranking 11th nationally, among large city peers and 1st in the state for park amenities and access
  • 10-year standing perfect score on the Human Rights Campaign’s Municipal Equality Index
  • Per VSPC, top three attractions for out of town visitors to the County are in Downtown St. Pete
  • Downtown’s current inventory mix is approximately 70% rental, 26% condo and 4% townhome
  • 53% of taxpayers who own a residential unit list Downtown as primary residence
  • The institutions within an hour of Downtown are outpacing the nation in degree and certificate growth—true of overall awards, degrees and certificates awarded to women, people of color and STEAM disciplines
  • 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

Last year we saw the announcement and completion of numerous development projects, innovative zoning changes, the opening of many new businesses and continued interest in Downtown for corporate relocations.

Announced in 2024

13
New Projects Announced
7
Residential
3
Arts & Culture
2
Mixed Use
1
Institutional

Announced Project Details

87,200
Retail & Commercial Space SQ FT
76,200
Arts, Culture & Gathering Space SQ FT
28,000
Medical Space SQ FT
883
Residential Units
73
Non-Market Rate Units
1,448
Parking Spaces
538
Bike Spaces

Community Voices

Mayor Ken Welch Headshot
Q&A with Mayor Ken Welch
Vanessa Williams headshot
Q&A with Vanessa Williams
Dr. Kanika Tomalin headshot
Q&A with Dr. Kanika Tomalin
Dr. Cynthia Johnson headshot in front of a mural
Q&A with Dr. Cynthia Johnson
Will Conroy headshot of him standing in front of a construction zone
Q&A with Will Conroy
Gina Driscoll headshot standing in front of a Sun Runner stop
Q&A with Gina Driscoll
Jillian Bandes headshot of her wearing a hardhat
Q&A with Jillian Bandes
Dawn Shirreffs headshot taken in front of the downtown St. Pete skyline
Q&A with Dawn Shirreffs
John Catsimatidis headshot of him wearing a hardhat
Q&A with John Catsimatidis
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