St. Petersburg has begun reviewing redevelopment proposals for the Historic Gas Plant District and will host public presentations later this month as it moves toward selecting a development team this summer.
City officials received nine proposals earlier this year, with eight deemed eligible after one withdrawal. Staff has completed an initial review and is now shortlisting submissions.
The timeline is expected to be presented April 9 to the Housing, Land Use and Transportation Committee.
The next phase begins April 30, when shortlisted developers are scheduled to present their concepts at the Coliseum. The city will then open a 30-day public input period, with additional community meetings possible.
The city will also launch the first phase of an Urban Land Institute advisory study in April. The study will review prior planning work, aggregate community feedback and help frame how proposals are evaluated.
By May, city administrators are expected to complete a strengths and weaknesses analysis of the shortlisted proposals. The city will also open applications for a Community Benefits Advisory Council project committee to review how proposals align with community benefit requirements.
Mayor Ken Welch is expected to select a development team in June following the public input process. The proposal will then move through advisory and City Council review.
Negotiations on a term sheet and development agreement are expected to begin in July.
The site spans about 86 acres in downtown St. Petersburg, one of the largest redevelopment opportunities in the region.
The timeline marks the city’s transition into the decision phase of the redevelopment process.
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