St. Pete City Council approves new Rays stadium and redevelopment of the 86-acre Historic Gas Plant District

St. Pete City Council approves new Rays stadium and redevelopment of the 86-acre Historic Gas Plant District

In a historic vote, St. Petersburg City Council voted 5-3 to approve an agreement to build a new 30,000-seat stadium for the Tampa Bay Rays and redevelop the 86-acre Historic Gas Plant District site in downtown St. Pete.

The vote caps off decades of discussion surrounding the team’s future. Council members Deborah Figgs-Sanders, Copley Gerdes, Brandi Gabbard, Ed Montanari, and Gina Driscoll voted in favor of the agreement while Council members Lisset Hanewicz, John Muhammad, and Richie Floyd voted against it.

In total, the project will include nearly 8 million square feet of mixed-use development anchored by a new baseball stadium and cost north of $6.5 billion over 20 years.

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Done Deals: Hotel developer buys 1700 block parcels, Downtown St. Pete office lists, art studio opens

Done Deals: Hotel developer buys 1700 block parcels, Downtown St. Pete office lists, art studio opens

Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.

Have real estate news to share? Send us an email at hello@stpeterising.com.

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Downtown St. Pete’s City Center office town begins multi-million dollar renovation

Downtown St. Pete’s City Center office town begins multi-million dollar renovation

A major renovation has begun at downtown St. Petersburg’s City Center office building at 100 2nd Avenue South. The 242,115-square-foot Class A office building is owned by a joint venture of City Office REIT, Inc., Feldman Equities and Tower Realty Partners.

The City Center renovation will feature an updated atrium lobby with lounge seating, renovated elevator lobbies, and upgraded lobby bathrooms. In addition to these lobby enhancements, both exterior entrances will be modernized with new entryways and improved landscaping. 

“The downtown St. Petersburg office market is one of the nation’s strongest. Tenants and employees are gravitating to buildings with modern amenities and vibrant communities. Together with unparalleled views of Tampa Bay, City Center will be downtown’s premier place of work,” states James Farrar, Chief Executive Officer at City Office REIT.

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Rays and Hines release new renderings of Gas Plant District redevelopment

Rays and Hines release new renderings of Gas Plant District redevelopment

New renderings released today by the Tampa Bay Rays and Hines reveal an activated Booker Creek, Class A office space, and an art installation that will pay homage to the history of the Historic Gas Plant District.

The detailed renderings were unveiled during a Committee of the Whole meeting as councilmembers were beginning to examine and inquire about the terms and language of the draft development agreement with the joint venture partners.

In total, the project will include nearly 8 million square feet of mixed-use development and cost north of $6.5 billion over 20 years.

It will be the largest mixed-use development project in Tampa Bay history.

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Done Deals: Former Wilson's Lounge site to be redeveloped, Innovation District parcel sells, Wellness spa to open downtown

Done Deals: Former Wilson's Lounge site to be redeveloped, Innovation District parcel sells, Wellness spa to open downtown

Done Deals is a weekly column by St. Pete Rising spotlighting recent real estate market insight and significant deals happening in the Sunshine City and beyond. The following information is sourced from public records and trusted intel.

Have real estate news to share? Send us an email at hello@stpeterising.com.

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