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South St. Petersburg CRA

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 7.4 square-mile CRA is the largest in St. Petersburg and one of the largest in Florida. The CRA is comprised of Greater Childs Park, more than 20 neighborhood and business associations, and two Florida Main Street Districts. 
View CRA Map Legal Description

 

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:

View the Citizen Advisory Committee (CAC) web page for information on meeting agendas, minutes and materials.

Interested in receiving updates about revitalization projects, programs and initiatives in the South St. Petersburg CRA? Sign up for the Urban Affairs e-blast


Programs & Grants

The City of St. Petersburg has developed several CRA programs that are designed to support the “three pillars” of the South St. Petersburg Redevelopment Plan:

  1. Place-based opportunities
  2. People-based opportunities
  3. Housing-based opportunities

These programs provide direct funding to homeowners, property and business owners and developers. 

FY 2021 Budget & Revenue

FY21 Adopted Budget for the South St. Petersburg CRA

FY21 Revenue*
City of St. Petersburg TIF Contribution $3,751,178
Pinellas County TIF Contribution $2,662,059
Total $6,413,238

* Estimates based on Pinellas County Property Appraisers Office "2020 Taxable Value by Tax Increment Financing District” as of October 9, 2020, (Pre-VAB) Tax Roll."

For detailed information on annual property and increment values, millage rates and City and County payments into the South St. Petersburg Redevelopment Trust Fund, view the South St. Petersburg Tax Increment District FY20.

Resources

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