Community Redevelopment Areas

Print this page

investing in community 

The St. Petersburg Community Redevelopment Agency has established three community redevelopment areas (CRAs), adopted redevelopment plans, and approved redevelopment trust funds. South St. Petersburg, Intown, and Intown West have all been designated as CRAs.

Section 163.371 of Florida Statutes requires municipalities to prepare and file an annual report with the county or municipality that created the community redevelopment agency and publish the report on the agency’s website. Please reference them for my information on development activity in the CRA.

South St. Petersburg

The South St. Petersburg Community Redevelopment Area (CRA) was established to promote reinvestment in housing and neighborhoods, commercial corridors, business development, education and workforce development, and non-profit capacity building within the South St. Petersburg CRA. The 4,777-acre CRA is the largest in St. Petersburg and one of the largest in Florida. The CRA encompasses Greater Childs Park more than twenty neighborhood and business associations, and two Florida Main Street Districts.

Grants & Loans for South St. Pete

In July 2021, the City of St. Petersburg launched the application cycle for the 2021 South St. Petersburg CRA Commercial Matching Grant Applications. By the September 10, 2021 application deadline, the City had received 36 applications totaling over $4.5 million in estimated project costs with requests for more than $674,000 in CRA grant funding. After preliminarily reviewing the applications and removing ineligible expenses for each application, staff reduced the total eligible project costs to nearly $2.1 million with the funding requested being reduced to $553,964.

On October 29, 2021, the South St. Petersburg CRA Grant Review Committee (GRC) will hold a public meeting to evaluate and make recommendations for funding to City Council on the FY21 grant applications to the CRA Commercial Matching Grant program to be funded with tax increment revenue from the South St. Petersburg CRA Redevelopment Trust Fund. These recommendations will be forwarded to City Council for action before the end of the year. Click here for the GRC meeting agenda.

For an overview of the 2021 grant cycle, please click here which includes an overview of the Commercial Matching Grant programs and recent changes to them that impact evaluations; staff’s recommendation that three applications be disqualified; the preliminary scoring and award for each; as well as brief summaries of the applications.

Summaries of each application are below. Complete application materials are available upon request. Please contact Anthony Chan at tony.chan@stpete.org or (727)551-3279.

More

Intown Redevelopment Area

The City’s second largest CRA measures nearly 643 acres (both land and water) and encompasses Downtown from the Renaissance Vinoy Hotel in the northeast to Tropicana Field in the southwest. It also includes the University Park neighborhood, the City’s waterfront park system, and the commercial core of Downtown along Central Avenue.

More

Intown West Redevelopment Area

This 193-acre CRA lies north and west of Tropicana Field and is bounded by I-175, I-275, Burlington Avenue North, and Dr. Martin Luther King Jr. Street.

More