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2026 Development Guide

Progress, Purpose and Place

‍

The sections that follow extract highlights and happenings within Downtown St. Petersburg's core and surrounding districts. Explore active Development projects, a depiction of the Downtown St. Pete Lifestyle, statistics that break down activities By the Numbers, and updates on the Transformational Projects slated to positively impact Downtown for decades to come.

Skyline view of Downtown St. Pete, FL from the Vinoy basin in the foreground.

Top 20 Best Cities for Recreation in the Nation

#1
RECREATION COSTS IN STATE
WalletHub
#2
LIVING A HEALTHY LIFESTYLE IN STATE
Coworking Cafe
#2
QUALITY PARKS IN STATE
WalletHub
#4
LIVING A HEALTHY LIFESTYLE IN SOUTHERN STATES
WalletHub

Key Findings

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  • City spends $80 more per resident than the national average on park maintenance
  • 84% of visitors drawn to Pinellas County for arts and culture end up in St. Petersburg
  • Transit-oriented development is happening, with 33 planned projects along the SunRunner route 
  • Residential units under construction will increase Downtown inventory by 22% and adding in proposed units, inventory will grow by 85%
  • Downtown houses 3% of the city’s physical space and 30% of its jobs
  • 95% of the city’s Public Administration jobs, 50% of Health Service jobs and 40% of its Leisure & Hospitality jobs are Downtown

Data

Announced in 2025

280K
SQ FT POTENTIAL RETAIL SPACE ‍IN DOWNTOWN ST. PETE
5,780
MARKET RATE RESIDENCES PLANNED
1,079
AFFORDABLE & WORKFORCE HOUSING UNITS PLANNED
7
HOTELS IN DOWNTOWN’S PIPELINE TOTALING 775 UNITS
550
DOWNTOWN HOTEL KEYS PLANNED
40%
INCREASE OF DOWNTOWN’S EXISTING HOTEL STOCK

Under Construction in 2025

1,375
MARKET RATE RESIDENCES
202
AFFORDABLE & WORKFORCE HOUSING UNITS
225
DOWNTOWN HOTEL KEYS
122K
SQ FT NEW RETAIL SPACE

Community Voices

Tara Lynn Hubbard, Sunline Coalition
Tara Lynn Hubbard: Transformational Projects
James Corbett, City Development Administrator for the City of St. Petersburg
James Corbett: Future Development
Helen French, Executive Director of the St. Petersburg Arts Alliance
Helen French: Culture and Lifestyle
Mike Swesey President & CEO of the EDC
Mike Swesey: By the Numbers