Commerce Park Development Moves Forward
CONTACT: Ben Kirby, Director of Communications, email@example.com or 727-893-7882
FOR IMMEDIATE RELEASE
COMMERCE PARK DEVELOPMENT MOVES FORWARD
Euro Cycles and EMP Break Ground
ST. PETERSBURG, FL (October 29, 2018) – Commerce Park, a City of St. Petersburg job creation development project, takes a step forward this week, as Euro Cycles and EMP break ground.Euro Cycles hosted a ceremony Sunday, October 28 to commemorate the milestone, with Mayor Rick Kriseman and city officials in attendance. EMP will break ground Tuesday, October 30 at 4:15 p.m. Foundation permits were issued for both entities Friday, October 26 by the City.
This marks significant progress in the Deuces and Warehouse Arts District master plan, which is a key component of the City’s 30-year South St. Pete Community Redevelopment Area (CRA) plan.
"I am pleased to see work begin on Commerce Park, and to once again welcome Euro Cycles and EMP. Our growing 22nd Street corridor is one of the most exciting areas in our city. I want to thank everyone involved in executing the Deuces and Warehouse Arts District master plans, and I look forward to cutting these ribbons soon," said Mayor Rick Kriseman.
The Commerce Park development is an example of community benefit agreements and workforce development realized. Two key provisions of the development deal include Small Business Enterprise (SBE) requirements for construction and incentives for CRA resident job creation. This development will create at least 65 jobs, with a minimum of 17 going to CRA residents.
For more information on the Commerce Park development, contact Ben Kirby, Director of Communications, firstname.lastname@example.org or 727-893-7882.