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Economic Development

About Us

The City of St. Petersburg Economic Development Division is dedicated to supporting business retention, new business recruitment, and business expansion to ensure St. Petersburg's prominent position as a vital economic engine within the Tampa Bay market.

Mission and Goals

We work to expand employment opportunities, increase the economic sustainability of its activity centers, support the development of a quality workforce, augment the collaboration between the public and private sectors for mutual benefit, and ensure a high quality of life for all residents.

We provide financial incentives, supplies market data, supports financing and business counseling programs, engages in redevelopment projects, markets St. Petersburg to business and promotes partnerships with other organizations to achieve its stated goals. 

Redevelopment Initiatives

The redevelopment of our community is a central focus of the Economic Development. St. Petersburg has been a leader in redevelopment planning, structuring public/private partnerships, and devising techniques that enhance the redevelopment potential of our built environment.

Development Updates 2015

Building on the success of 2014, 2015 saw decade highs in total number of permits issued and construction value of new residential properties. Additionally, 2015 had the highest value of total construction since 2007. The number of construction permits issued has risen steadily with over 12,000 more permits issued in 2015 versus 2009. Along with an increase in development, the city’s 2015 estimated population indicates a 12,000 person increase since 2010.

Top Development Updates

This year's highlights include the opening of the $15 million St. Petersburg College Midtown Campus, Trader Joe’s opened their first Pinellas County location on 4th Street North, both Maxi-Blast and Great Bay Distributors completed construction of their new facilities in the Gateway area, and several new unique restaurants opened in and around downtown including Stillwaters Tavern, Hofbrauhaus, and Souzou. Many businesses, including Great Bay Distributors and Priatek, relocated to St. Petersburg.

Visit our development updates to learn more about the many exciting developments that happened in 2015 and the many more happening in 2016 and beyond. 

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City of St. Petersburg
P.O. Box 2842
St. Petersburg, FL 33731

  • p: 727-893-7111
  • f: 727-892-5102
  • tty: 727-892-5259
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