OFFICE SPACE
Many tenant moves from an existing space within Downtown have been backfilled by other existing Downtown tenants, creating limited opportunity for new businesses to relocate to downtown. Office users continue to be drawn to buildings that have recent upgrades, from lobby enhancements, food and beverage installations, gathering spaces—indicating we will continue to hear about “the flight to quality” for some time.
Downtown employs approximately 40,000 workers and has experienced notable growth that outpaces the city and significantly outpaces county, state and national growth trends.
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St. Petersburg is making intentional efforts to invest in strengthening the workforce pipeline - a pipeline that begins long before career decisions are being made.
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Downtown’s retail mix appeals to locals as well as visitors, integrates independent retailers with chains and reflects a mix of longtime tenants as well as new operators.
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Development activity over the past decade has significantly increased Downtown's housing stock, shifting it from primarily being a condo market to a more diversified housing mix that includes townhomes, rentals and an increasingly incentivized stream of workforce and affordable units.
Many tenant moves from an existing space within Downtown have been backfilled by other existing Downtown tenants, creating limited opportunity for new businesses to relocate to downtown. Office users continue to be drawn to buildings that have recent upgrades, from lobby enhancements, food and beverage installations, gathering spaces—indicating we will continue to hear about “the flight to quality” for some time.
Downtown employs approximately 40,000 workers and has experienced notable growth that outpaces the city and significantly outpaces county, state and national growth trends.
LEARN MORESt. Petersburg is making intentional efforts to invest in strengthening the workforce pipeline - a pipeline that begins long before career decisions are being made.
LEARN MOREDowntown’s retail mix appeals to locals as well as visitors, integrates independent retailers with chains and reflects a mix of longtime tenants as well as new operators.
LEARN MOREDevelopment activity over the past decade has significantly increased Downtown's housing stock, shifting it from primarily being a condo market to a more diversified housing mix that includes townhomes, rentals and an increasingly incentivized stream of workforce and affordable units.
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