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South St. Petersburg CRA

This web page is designed to provide a range of information to update and educate residents, stakeholders and businesses on the many aspects of the Redevelopment Plan for the South St. Petersburg Community Redevelopment Area.


Upcoming Public Meeting Schedule

Regular Meetings of the Citizen Advisory Committee for the South St. Petersburg CRA are open to the public. Unless otherwise noted, the following meetings will be held at City Hall, 175 Fifth Street North, Room 100. All CAC meetings are televised, although not all will be live. Check listings for broadcast times. 2017 Meeting dates:

  • Tuesday, March 14, 2017  --  5 p.m.  Special Meeting of the Citizen Advisory Committee for the South St. Petersburg Community Redevelopment Area, City Hall, 175 Fifth St. N.
  • Tuesday, April 4, 2017 -- 5 p.m. CRA Citizen Advisory Committee Regular Meeting
  • Tuesday, June 6, 2017 -- 5 p.m. 
  • Tuesday, August 1, 2017 -- 5 p.m. 
  • Tuesday, October 3, 2017 -- 5 p.m. 
  • Tuesday, December 5, 2017 -- 5 p.m. 

Documents from Previous Meetings, 2017: 

Documents from Previous Meetings, 2016: 

Materials from Previous Meetings, 2015: 


South St. Petersburg CRA Tax Increment Financing Programs

2016 South St. Petersburg CRA Grant Awardees

2016 Awardee List and Map

FY2016 Adopted Budget for the South St. Petersburg CRA Redevelopment Trust Fund

On February 4, 2015, the St. Petersburg City Council approved Resolution 2016-48 adopting the FY2016-20 budget for the South St. Petersburg CRA Redevelopment Trust Fund. In doing so, City Council allocated 60 percent of FY2016 TIF revenues to Business and Workforce Development and required a minimum of $48,737 to be devoted to investments in Education, Job Readiness and Workforce Development.  Below represents the adopted funding level by redevelopment program category.

Business and Workforce Development                                                     $292,422

Housing and Neighborhood Revitalization                                                 $194,948

Total FY2016 South St. Petersburg TIF Revenue                                  $487,370 

Programs Providing Direct Incentives to Property Owners and Businesses

On February 4, 2016, St. Petersburg City Council approved Resolution 2016-47 that adopted ten redevelopment programs that will fund investment in the South St. Petersburg CRA. The TIF programs described in this section are proposed as direct incentives to the community that will be rolled out in May 2016 upon receipt of Pinellas County’s TIF contribution by April 15. City Administration will begin marketing the availability of funding through these programs from March to May alerting businesses and residents to the opening of the application period in May.  CRA-TIF Grant Funds news release

Multifamily Housing Programs: $195,000 available in FY2016

Affordable Multifamily Housing Development Program provides an annual property tax rebate for up to fifteen years on increases in ad valorem taxes for all applicable Pinellas County taxing authorities for developers of new and substantially renovated affordable multifamily housing in the CRA. The rebate, which must first be approved by the Agency and City Council, will be based on the increase in ad valorem taxes in the first year the completed project goes on the tax rolls. The maximum award is $50,000 per project per year and both City and County TIF contributions will be used to fund the program.  For the purposes of this program, “affordable housing” is defined as housing meeting the needs of households whose income is 80 percent or below the area median household income. The maximum income and rent levels for this program are based on those established by the Florida Housing Finance Corporation’s SHIP Program.

Multifamily Residential Property Improvement Grant program reimburses approved applicants for eligible exterior and interior improvements on affordable or market-rate residential housing in the CRA. Emphasis will be placed on funding substantial renovations that upgrade vital building systems and sustain and extend the economic life of a structure. The grant program supplements the City’s annual investment in the “Rebates for Residential Rehabilitation” (RRR) but is focused on incentivizing the substantial renovation of multifamily housing (defined as three or more units in a building) by increasing the total grant award allowed for these projects. An applicant may receive a reimbursable grant equaling the lesser of 20 percent of the pre-construction value of eligible improvements or up to $10,000 per unit.  The maximum award for a multifamily project is $90,000.  The program requires a minimum investment of $10,000 toward eligible improvements per residential unit. City and County TIF contributions can be used for this program if used for an affordable project.  Otherwise, only the City share is available. Renovated affordable units must be maintained for at least five years. For the purposes of this program, “affordable housing” is defined as housing meeting the needs of households whose income is 80 percent or below the area median household income. The maximum income and rent levels for this program are based on those established by the Florida Housing Finance Corporation’s SHIP Program.

Business Development: approximately $200,000 available in FY2016

Commercial Site Improvement Grant program provides a reimbursable grant to commercial property owners that upgrade their building façades, landscaping, lighting, loading and service areas and other features of their sites visible from the public right-of-way. An applicant may receive a one-for-one matching grant of up to $20,000.  Applicants with properties listed on the Local Register of Historic Places may be eligible for a matching grant of up to $40,000 if the approved work is found compliant with the City of St. Petersburg Historic Preservation Ordinance.  The grant is a reimbursement payable to the applicant upon completion of work.  City and County TIF contributions can be used to fund this program. Priority will be given to applications for properties located on the major commercial corridors in the CRA.  

Commercial Building Interior and Tenant Improvement Grant provides matching grants from the City’s TIF contribution to commercial property owners for interior upgrades with a focus on projects that remedy degraded building systems and extend the economic viability of the building. An applicant may receive a one-for-one matching grant of up to $20,000.  Projects costing $1,000 or less are not eligible for the program. Applicants with properties listed on the Local Register of Historic Places may be eligible for a matching grant of up to $40,000 if the approved work is found compliant with the City of St. Petersburg Historic Preservation Ordinance.  The grant is a reimbursement payable to the applicant upon completion of work.  City and County TIF contributions can be used to fund this program. Priority will be given to applications for properties located on the major commercial corridors in the CRA.  

Commercial Revitalization: $50,000 available in FY2016

Commercial Revitalization Program provides grant awards to projects that enhance established business districts by redeveloping properties, decreasing vacancy rates, adding to the tax base, creating jobs, leveraging private sector investment, and improving the quality of life for surrounding neighborhoods through the removal of blight and revitalizing vacant or underutilized properties. The Program is available city-wide and is supported by revenue from both the general fund and the City’s TIF contribution to the South St. Petersburg Redevelopment Trust Fund. (Any project funded from the trust fund must be located in the CRA.)  An applicant may receive up to $50,000.  Projects costing $100,000 or less are not eligible for the program. Priority will be given to applications for properties located on the major commercial corridors in the CRA.

Important Information on the Redevelopment Plan

This section contains official information related to the South St. Petersburg Community Redevelopment Area.


Additional Resources / Bridge Funding Opportunities for Businesses

Below is a list of additional private funding resources available to local businesses that compliment and go above and beyond the amount of resources in the CRA funding process for business financing.


Other Plans and Studies

The area that includes South St. Petersburg Community Redevelopment Area has seen other large planning efforts, whose best elements also need to be incorporated into the proposed plan. Below are links to these most recent plans.


Additional Information

Background Information on the South St. Petersburg Revitalization Effort

Florida’s Community Redevelopment Act

St. Petersburg’s Main Street Districts

South St. Petersburg is fortunate to have two of Florida's forty official Main Street Districts. The Main Street program is an important tool for revitalizing commercial corridors, and has had demonstrated success throughout Florida and the United States. These two districts are:

Business Assistance

The City is dedicated to helping businesses succeed by providing such resources as the Greenhouse, and administering incentive and financing programs. These resources are useful to companies of all sizes from sole proprietorship to Fortune 500 headquarters and everything in between.

  • Economic Development Incentives
  • Financing Programs           

Land Development Regulations

Your ability to use your property is governed by the City’s land development regulations and building codes. The links below will help you understand what you can do with your property and what the requirements are for developing it.


For further assistance pertaining to the South St. Petersburg Community Redevelopment Area, please contact Rick Smith, CRA coordinator, 727-893-7106.

Subscribe to our CRA mailing list or contact us to request more information.

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

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