St. Pete stadium funding source faces early termination

St. Petersburg extended a financing district’s lifespan to help fund a massive redevelopment project anchored by a new Tampa Bay Rays stadium. Some officials would like a mulligan.

A City Council committee agreed Thursday to begin exploring the Intown Community Redevelopment Area’s (CRA) early termination. In June 2024, council members voted 5-3 to extend it a decade, until 2042, and increase its budget from an estimated $232.35 million to $574.85 million.

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Mayor selects developer for historic South St. Pete parcel

Mayor Ken Welch’s administration has selected a proposal to create affordable housing at the former site of a cultural landmark along 22nd Street South, colloquially known as the Deuces.

Fort Lauderdale-based Green Mills Group will transform the now-vacant, .68-acre city-owned property in South St. Petersburg into Heritage Grove. The $20 million project will provide 54 income-restricted apartments and 2,500 square feet of street-level retail space.

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