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 (CRA).
Important Information on CRA Grants
On August 11, 2017, the South St. Petersburg CRA Grant Review Committee reviewed and made recommendations to City Council on 68 applications for CRA matching grant funding as well as funding levels. The Committee also reviewed five applications to the Commercial Revitalization Program. City Council is expected to take action on all CRA grant applications at its September 21, 2017, public meeting.
Click on the button below to view a map showing the location of each grant application. Double click on the numbered icon to view the application and staff review.View CRA Map
Sixty-seven of the CRA matching grant applications were for commercial matching grants. Forty were for the Commercial Site Improvement grant and 27 were for the Commercial Building Interior and Tenant Improvement grant. One application was for a multifamily residential property improvement grant. Each application was scored according to a grant review evaluation system approved by City Council on May 18, 2017, and then ordered numerically from highest score to lowest score. For the recommended order of funding for the CRA matching grants, click here. The Grant Review Committee did recommend funding the lone multifamily residential property improvement grant application.
The Grant Review Committee recommended that the budget for the CRA commercial matching grants be increased from $387,681 to $444,220, using $31,745 in surplus and unexpended funds from the FY2016 CRA budget as well as $24,794 in surplus from the FY2017 Housing and Neighborhood Revitalization budget. See the following documents that were presented to the Committee.
The Grant Review Committee also reviewed five applications to the Commercial Revitalization Program that were forwarded to it by Administration after Mayor Kriseman made a recommendation (click here for the staff report and here for the Powerpoint). After recommending that the Gallery Lofts project at 2184 9th Avenue South not be funded, the GRC voted to fund the remaining applications in the following order of priority:
|1.||WePa Restaurant||2134 3rd Avenue South|
|2.||Boyd Construction||1926 4th Avenue South|
|3.||Octopus Mixed Use Project||2361 1st Avenue South|
|4.||SunDaze Hotel||1590 34th Street South|
The Grant Review Committee recommended that the budget for the Commercial Revitalization Program be increased from $117,466 to $200,000 using surplus funding from FY2017 CRA budget allocation from Housing and Neighborhood Revitalization. With each applicant requesting $50,000, the Committee’s recommended budget would fund all four of the projects.
If you have any questions, please call or email:
Economic Development Specialist
City of St. Petersburg
Planning and Economic Development Department
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, December 5, 2017 -- 5 p.m.
Tuesday, April 3, 2018 -- 5 p.m.
Previous Meeting Documents
Click on a year below to see an expanded list with all documentation related to that particular year's meetings.
Tuesday, January 10, 2017 -- 5 p.m.
Special Meeting of the Citizen Advisory Committee for the South St. Petersburg Community Redevelopment Area
- Agenda and Attachments from Jan 10
- Council Member Nurse Presentation to December 2016 Housing Services Committee
Tuesday, February 7, 2017 -- 5 p.m.
Please note the Feb. 7 CRA Citizens Advisory Committee Meeting was CANCELLED; and a Special Meeting scheduled for March 14.
Tuesday, March 14, 2017 -- 5 p.m.
Special Meeting of the Citizen Advisory Committee for the South St. Petersburg Community Redevelopment Area
Tuesday, April 4, 2017 -- 5 p.m.
CRA Citizen Advisory Committee Regular Meeting, at Enoch Davis Center, 1111 18th Ave. S. (Note LOCATION CHANGE for April 4 only)
- Agenda and Material from Apr 4
- Tuesday, April 4, 2017 -- 6:30 to 8 p.m. South St. Petersburg CRA 2017 TIF Grant Workshop, also at Enoch Davis Center, 1111 18th Ave. S. (Greenhouse Satellite Training Center)
Tuesday, June 6, 2017 -- 5 p.m.
Tuesday, June 13, 2017 -- 5:30 to 7 p.m.
South St. Petersburg CRA 2017 TIF Grant Workshop, at The Greenhouse, 440 Second Ave. N.
Tuesday, August 1, 2017 -- 5 p.m.
CRA Citizen Advisory Committee Regular Meeting
Tuesday, October 3, 2017 -- 5 p.m.
Tuesday, February 2, 2016 - 5 p.m.
Saturday, April 2, 2016 - 9:30 a.m. to 1:30 p.m.
Additional meeting of the CAC: Redevelopment Training and CRA Branding Workshop -- (at Childs Park YMCA, 691 43rd Street S.)
Tuesday, April 5, 2016 - 5 p.m. -- (at Enoch Davis Center, 1111 18th Ave. S.)
Tuesday, May 17, 2016 - 5 p.m.
Tuesday, July 12, 2016 -- 5 p.m.
Tuesday, August 9, 2016 -- 5 p.m.
Tuesday, October 4, 2016 -- 5 p.m.
- Agenda from October 4, 2016
- Additional Materials
Tuesday, December 6, 2016 -- 5 p.m.
Tuesday, October 6, 2015 - 5 p.m.
Tuesday, December 1, 2015 - 5 p.m.
South St. Petersburg CRA Tax Increment Financing Programs
The South St. Petersburg CRA Grant Program
The South St. Petersburg Community Redevelopment Plan calls for the use of tax increment financing to support private investment in the CRA through a competitive grant program. Through the five programs described below, the City will provide a matching grant with a maximum cap to encourage commercial and multifamily housing rehabilitation and construction.
FY2017 Adopted Budget for the South St. Petersburg CRA Redevelopment Trust Fund
The amount of funding available for any grant cycle is determined by the budget approved by City Council. At its May 4, 2017, meeting the St. Petersburg City Council approved the FY2017 budget for the South St. Petersburg CRA Redevelopment Trust Fund for the following budget allocations:
Housing and Neighborhood Revitalization
Total TIF Revenue for FY2017
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 direct incentives to the community that were first rolled out in May 2016. The City awarded more than $349,000 in grant funding to over 33 applicants for a variety of commercial revitalization project. Link to 2016 Awardee List and Map
Based on the recommended budget, the City expects to have more than $600,000 available to incentivize and encourage private development. This funding will be available for the following programs.
Multifamily Housing Programs: $122,000 recommended for FY2017
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 $450,000 recommended for FY2017
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 recommended for FY2017
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.
- The Redevelopment Approach for South St. Petersburg (February 2016)
- The South St. Petersburg Community Redevelopment Plan (adopted by City Council, May 21, 2015)
- Interlocal agreement between St. Petersburg and Pinellas County for the South St. Petersburg CRA (7.2.15)
- 2015 Members of the South St. Petersburg CRA Citizens Advisory Committee
- Frequently Asked Questions
- 2015 Public Meeting Dates and Materials Related to the Adoption of the South St. Petersburg Redevelopment Plan
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.
- GTE Federal Credit Union
Shamus McConomy, (813) 414-6553
- Tampa Bay Black Business Investment Corporation
Tahisia Scantling, (727) 826-5785
- PNC Bank
Victor Avila, (813) 637-7144
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.
- Skyway Marina District
- Greater Childs Park Strategic Planning Initiative
- Neighborhood Plans
- Central Avenue Revitalization Plan
- Map of Neighborhood and Business Associations within the South St. Petersburg CRA
- Pinellas County Health and Community Services: Update on the Economic Impact of Poverty Report for the Pinellas County Board of County Commissioners (10.2013)
- Pinellas County Board of County Commissioners Workshop; The Economic Impact of Poverty (5.17.12)
Background Information on the South St. Petersburg Revitalization Effort
Florida’s Community Redevelopment Act
- To access all the requirements of the Community Redevelopment Act (Chapter 163, Part III).
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:
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.