New Trop site proposal submitted by some familiar faces

A new group featuring former members of the Tampa Rays and Hines development team has submitted a unique proposal that would allow St. Petersburg to retain ownership of the 86 acres surrounding Tropicana Field.

Foundation Vision Partners is led by Will Conroy, founder of St. Petersburg-based real estate investment firm Backstreets Capital; Alex Schapira, former regional partner for global developer Hines; and Anddrikk Frazier, CEO of Best Source Consulting. The group would take a master planning and infrastructure-first approach to transforming the stadium and its sea of surface parking lots into a vibrant, mixed-use community known as the Historic Gas Plant District.

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Details emerge from anticipated Trop site proposal

A new $8.1 billion proposal to transform the area around Tropicana Field includes a 13-acre central park, a “Museum Row,” a community ownership platform and thousands of affordable and workforce housing units.

The expansive development team, led by St. Petersburg-based Blake Investment Partners, also proposed a light rail hub and an outdoor water park. If selected, prominent local artists Chad Mize and Mark Aeling will helm a public arts center.

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