City officials select firm to oversee $6.5 billion redevelopment

A global company with a prominent local footprint will continue helping shape St. Petersburg's future by ensuring the Historic Gas Plant District's $6.5 redevelopment meets the city's expectations.

Seven city officials and about 15 representatives from four companies vying to serve as the city’s owner’s representative gathered downtown at the Municipal Services building Thursday (Dec. 21) afternoon. The selected firm would negotiate with the Tampa Bay Rays/Hines development team, provide technical and professional oversight, ensure hiring goals are met and serve as the “central point of contact.”

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Will Gas Plant redevelopment provide ownership opportunities?

Thousands of African American residents once proudly owned homes and businesses in St. Petersburg’s Historic Gas Plant District; many now hope a $6.5 billion redevelopment project will provide those same opportunities.

Nikki Gaskin-Capehart, CEO of the Pinellas County Urban League, said community stakeholders have expressed those concerns since they first discussed how city officials could right past wrongs at the site. The ability to own rather than rent space in the 76 acres surrounding a new Tampa Bay Rays ballpark was again a prominent topic Wednesday (Dec. 20).

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