St. Petersburg’s Historic Gas Plant Site Receives Nine Redevelopment Proposals

Historic Gas Plant Site Redevelopment

St. Petersburg’s Historic Gas Plant site has attracted nine redevelopment proposals, each offering unique visions for the 86-acre downtown area. This initiative seeks to rectify historical displacements and revitalize the community.

Notable Proposals

• ARK Ellison Horus: A $6.8 billion plan offering $202 million to the city, including $50 million for community benefits and $12 million for demolishing Tropicana Field.
• Blake Investment Partners/Related Group: An $8 billion proposal providing $275 million for 58 acres, aiming to transform the area into a vibrant mixed-use district.
• Pinellas County Housing Authority: A plan for a seven-story, 80-unit affordable housing complex for seniors on a 0.58-acre portion of the property.
• Freedom Communities Co.: A proposal for “The Sanctuary,” a mixed-use building featuring 100 apartments, a grocery store, sound studio, and writing lab on 1 to 1.5 acres of land.

Community and Cultural Considerations

These proposals reflect a commitment to community engagement and cultural preservation. The city is evaluating each plan to ensure it aligns with St. Petersburg’s values and addresses the needs of displaced communities.

Next Steps

The city will review all submissions and engage with community stakeholders to determine the most suitable development plan. The goal is to create a space that honors the past while fostering economic growth and inclusivity.

Sources

• St. Petersburg draws nine proposals for Historic Gas Plant development