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News Release


Thursday, June 1, 2017


   Transportation improvements in the Carillon/Gateway area will give Raymond James the capacity to hire up to 650 new associates

Today, the City of St. Petersburg City Council authorized city administration to begin roadway improvements in the Carillon Parkway area that will relieve congestion, improving drive times for current and future employees.

City staff worked cooperatively with FDOT, Raymond James and other stakeholders and partners to study existing conditions and develop a comprehensive traffic mitigation plan that involves improvements to city and state-maintained and operated roadways bordering and within the Carillon Business Park. Traffic flow will be significantly improved for not only residents and employees in Carillon within the immediate area but also drivers who need to get through the roadway network to reach their final destination. The city-initiated work will integrate seamlessly with construction activities already under way by FDOT on Roosevelt Boulevard as well as identified but not yet approved additional direct access into Carillon.

The improvements already under construction by the state and the city improvements approved today, are a critical first step in allowing Raymond James, the global financial services firm – and one of the top employers in the City of St. Petersburg – the capacity to hire up to 650 new associates.. Raymond James has already purchased three buildings within the Carillon area in anticipation of housing these new employees, and will invest $10 million in improvements. In order to realize the maximum number of new jobs and improve traffic flow to the desired level, all of the contemplated projects, including those that need to go through additional steps including construction needs to occur, which is anticipated to happen over the next two years.

Said Mayor Kriseman: “This is an incredible win for the Sunshine City. I want to recognize Raymond James for their commitment to St. Petersburg, and for bringing high-paying jobs to our community. My economic development and transportation teams recognized the importance of this early on, and have worked hard to make today possible. I also want to recognize the Florida Department of Transportation for their partnership on this important project. My thanks to City Council for moving this forward today.”

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Mayor Rick Kriseman

Contact: Benjamin J. Kirby, Communications Director

727-893-7882 or 727-501-4837 (cell)


General City Information

Contact: Mayor's Action Center

727-893-7111 or

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

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