MORE INFORMATION City Contact: Gary Jones, AICP Economic Development Division 727-893-7877 [email protected]Development Opportunities Skyway Marina District St. Petersburg, FL ABOUT ST. PETERSBURG Located on Florida’s beautiful West Coast, St. Peters- burg is the largest city in Pinellas County and the fifth largest in the state with 259,906 residents. The Sun- shine City, named as one of the “Top Places to Visit” by the New York Times, offers miles of waterfront, a vibrant downtown filled with amazing arts, culture, shopping, and dining, and proximity to some of the nation’s top ranked beaches. Favorable tax codes, an opportune real estate market, and a growing, talent- ed workforce create a sunny business climate, mak- ing St. Petersburg one of the easiest and most cost effective regions in the U.S. to conduct business.
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MORE INFORMATION
City Contact:
Gary Jones, AICP Economic Development Division 727-893-7877 [email protected]
Development Opportunities
Skyway Marina District St. Petersburg, FL
ABOUT ST. PETERSBURGLocated on Florida’s beautiful West Coast, St. Peters-burg is the largest city in Pinellas County and the fifth largest in the state with 259,906 residents. The Sun-shine City, named as one of the “Top Places to Visit” by the New York Times, offers miles of waterfront, a vibrant downtown filled with amazing arts, culture, shopping, and dining, and proximity to some of the nation’s top ranked beaches. Favorable tax codes, an opportune real estate market, and a growing, talent-ed workforce create a sunny business climate, mak-ing St. Petersburg one of the easiest and most cost effective regions in the U.S. to conduct business.
Potential redevelopment concept
Views from 9th floor of Ceridian
The community desires, needs, and will support new retail and restau-rants:
• 86% of residents will support additional retail and restaurants (2013 survey).
• 89% of the community desires and sup-ports new development (2013 survey).
• 66% of persons routinely leave the area to eat and shop (2013 survey).
• $247 million discretionary income leak-age (10 minute proximity) (2016 ESRI).
• 150,000 daily vehicle trips along road-ways in or adjacent to the District.
• Eckerd College has over 2,000 students and staff located on the southern edge of the District. Eckerd College is a private and exclusive institution where most stu-dents live on campus.
• Tierra Verde (Zip Code 33715) was re-cently ranked as the 3rd wealthiest zip code in the multi-county Tampa Bay re-gion. The Skyway Marina District is the closest business district to this commu-nity.
• St. Petersburg College in the District has over 600 students and employees on their campus daily with plans to attract additional students.
• 6.1 million tourists are annually visiting Pinellas County.
• 540,000 persons annually visit Fort Deso-to Beach/County Park, most of which travel through or adjacent to the Skyway Marina District.
• Ceridian HCR campus, immediately west, has 1,200 employees with the potential for 1,500.
The City of St. Petersburg is committed to the Skyway Marina District:
• Up to $100,000 Retail/Restaurant Incentive - This incentive is available for qualifying new retail and restaurants locating within the District.
• Gateway Signs and Landscaping - 3 significant signs with LED illumina-tion have been constructed at 3 gateway locations with specimen palms as the backdrop. (Funding: $500,000; Completion: May 2016)
• Landscaping - All landscaped medians along 34th Street S have new plant-ings including specimen palms. The I-275 embankment landscaping has been upgraded. (Funding: $300,000; Completion: August 2016)
• Pedestrian Decorative Lights - Lights and banners adjacent to sidewalks will be installed on both sides of 34th Street. (Funding: $600,000; Expected Completion: Fall 2017)
• Bus Shelters - The City and PSTA are partnering to provide newly designed bus shelters at approximately a dozen bus stops throughout the District (City Funding: $200,000; Expected Completion: Fall 2017)
• Activity Center Designation - The City has approved a density of 45 resi-dential units/acre and an FAR of 1.12 north of 38th Avenue South and a den-sity of 60 residential units/acre south of 38th Avenue South, which is some of the highest density and intensity found outside of downtown.
• Skyway Marina District Organization - The City provides funds for a full-time executive director to concentrate on marketing and promotions, and business assistance exclusively for the Skyway Marina District. (Funding: $50,000 annually)
COMMUNITY COMMITMENT & DATAPUBLIC COMMITMENT
PRIVATE COMMITMENTThe private sector is investing in the Skyway Marina District:• Mixed-Use Project - Phillips Develop-
ment has been approved for 316 apart-ment units, 13,000 sf of commercial and 100,000 sf of self-storage at a cost of $70 million. (Groundbreaking: Sum-mer 2017)
• Bay Pointe Plaza - A new Publix store, refacing, and site upgrade of the shop-ping center has been undertaken by Brixmor. (Completed: December 2016)
• Maximo Marina - IGY Marinas is over-seeing a complete marina makeover. IGY currently manages numerous marinas including those in the New York Harbor and the Hamptons. (Cost: $20 million; Expected Completion: 2018)
• The Getaway - A new waterfront res-taurant will be located at Maximo Marina. (Cost: $2.2 million; Expected Comple-tion: End of 2017)
• Wawa - Convenience market, food mar-ket, and fuel station. (Cost: $5 million; Expected Completion: End of 2017)
• Wendy’s - Recently opened a new res-taurant at a cost of approximately $1.3 million.
• Burger King - Recently opened a new restaurant at a cost of approximately $1 million.
• Jabil Circuit - The computer manufac-turer recently relocated 400 employees from their Information Technology divi-sion to the Ceridian site within the Dis-trict.
Potential redevelopment concept
a $247 Million retail trade gap (10 minute proximity) according to 2016 ESRI Retail Marketplace Profile
