St Petersburg Business News
BUSINESS NEWS
Three Forks Wood Reclamation Preserves D-Day History
News Summary Three Forks Wood Reclamation, a veteran-owned business in St. Petersburg, has reclaimed historic wood from significant D-Day sites in Normandy. Founded by Christopher Kelley and Christian Knutzen, the...
Florida Funders Partners with Dragonfly Operating Partners
News Summary Florida Funders has announced a partnership with Dragonfly Operating Partners to provide operational support for over 100 early-stage portfolio companies. This collaboration aims to boost growth through tailored...
Three Forks Wood Reclamation Preserves WWII Heritage
News Summary Three Forks Wood Reclamation, co-founded by veterans Christopher Kelley and Christian Knutzen, is reclaiming historical wood to preserve WWII history. Recently, they acquired wood from a barn in...
Bar Chinchilla Transforms into Daytime Coffee Shop
News Summary Bar Chinchilla, the smallest bar in St. Petersburg, is making a significant change by transitioning into a coffee shop during the day. Effective immediately, the establishment will operate...
CKR Solar Wins Prestigious Awards for Innovative Solar Projects
News Summary CKR Solar, a leading residential solar contractor in Tampa, has achieved remarkable recognition by winning both the Residential PV and Battery Installation Awards from FlaSEIA. Their award-winning project...
St. Petersburg Housing Authority Hosts Landlord Summit Amid Decreasing Affordable Housing Supply
News Summary The St. Petersburg Housing Authority organized a landlord summit to address the declining supply of affordable housing. The summit aimed to encourage landlords to participate in the Section...
Florida Cancer Specialists Welcomes Dr. Ameet Patel
News Summary Florida Cancer Specialists & Research Institute has appointed Dr. Ameet Patel, a triple board-certified specialist in cellular therapy and bone marrow transplantation. Dr. Patel will enhance patient care...
Florida’s Gulf Coast Rallies for Recovery Post-Hurricanes
News Summary The Gulf Coast of Florida is facing recovery efforts after Hurricanes Helene and Milton wreaked havoc in 2024. Local businesses are pushing for a return of tourism, critical...
New Marine Mammal Complex to be Built at Eckerd College
News Summary The Florida Fish and Wildlife Conservation Commission has announced plans to construct a $17 million marine mammal complex at Eckerd College in St. Petersburg. This project aims to...
Finance
Florida Funders Partners with Dragonfly Operating Partners
News Summary Florida Funders has announced a partnership with Dragonfly Operating Partners to provide operational support for over 100 early-stage portfolio companies. This collaboration aims to boost growth through tailored...
St. Petersburg’s Economic Growth Despite Challenges
News Summary St. Petersburg is witnessing significant economic growth, as highlighted by Mayor Ken Welch in his State of the City address. The city has attracted over 8,000 new residents...
SBF Advisors Rebrands as Sorren After Merger
News Summary SBF Advisors has officially rebranded to Sorren following a significant merger. The new name reflects a commitment to unity and collaboration, enhancing their service offerings. With Josh Tyree...
New Inclusive Mental Health Practice Opens in St. Petersburg
News Summary Just Be Rooted, an inclusive mental health practice founded by Sage Marcelin in St. Petersburg, aims to offer accessible therapy for individuals of all backgrounds. With a focus...
Rita Lowman Elected to FOTB Executive Committee
News Summary Rita Lowman, a veteran banker with over 40 years of experience, has been elected to the executive committee of the Friends of Traditional Banking (FOTB). Her role will...
St. Petersburg Launches The Greenhouse for Entrepreneurs
News Summary St. Petersburg, Florida, transforms the historic Manual Training School into The Greenhouse, a city-led initiative providing vital support for local entrepreneurs. This 124-year-old building aims to foster economic...
St. Petersburg Unveils New Bronze Statue of Local Icons
News Summary St. Petersburg is set to unveil a larger-than-life bronze statue honoring local icons Albert and Jane Vondersaar. Commissioned by John Catsimatidis Sr. of Red Apple Group, the statue...
St. Petersburg Faces Job Cuts: Home Shopping Network Layoffs
News Summary The Home Shopping Network (HSN) in St. Petersburg, Florida, is set to lay off 730 employees as part of a restructuring effort by its parent company, QVC. The...
Florida Surges Ahead in Business Growth
News Summary Florida has been recognized as the top state for business growth in 2025, with Fort Lauderdale leading the charge of entrepreneurial spirit. Favorable conditions, such as low taxes...
CONSTRUCTION
St. Petersburg Approves Major Redevelopment Projects
News Summary St. Petersburg’s city council has greenlit two significant redevelopment initiatives, including a new 16-story hotel and a $225 million residential and commercial complex with 824 apartments. This development...
St. Petersburg Proposals for Affordable Housing Development
News Summary Four development teams have submitted proposals to create affordable housing on a city-owned site in West St. Petersburg. The city council aims to construct around 105 affordable townhomes...
Significant Redevelopment Planned for Frontier Building in St. Petersburg
News Summary The Frontier building in St. Petersburg is set for major redevelopment, featuring 41,333 sq ft of retail space, self-storage units, and new office areas. Plans include a multi-use...
Massive Mixed-Use Development Planned for St. Petersburg
News Summary Echelon Development has announced plans for a $225 million mixed-use project near Tropicana Field in St. Petersburg. The development will feature two 31-story towers with 824 apartments and...
City Center Office Tower Unveils Stunning Renovations in Downtown St. Petersburg
News Summary The City Center office tower in downtown St. Petersburg has completed a multi-million-dollar renovation, transforming the 12-story building into a modern workspace. Key upgrades include a redesigned atrium...
St. Petersburg Begins Major Watermain Project
News Summary The St. Petersburg City Council has approved a $7.85 million contract for Phase 5 of the Downtown Watermain Replacement Program, enhancing the city’s water infrastructure. Awarded to Ric-Man...
St. Petersburg’s Permit Processing Crisis After Hurricane
News Summary St. Petersburg is grappling with a significant backlog in construction permit processing following a challenging hurricane season. Staffing shortages and a dramatic increase in demand for permits have...
St. Petersburg Unveils Major Redevelopment Initiatives
News Summary St. Petersburg is set for significant changes with the announcement of 13 new projects at the Downtown Partnership Development Summit. The highlight is a $6.5 billion redevelopment of...
The Central Project in St. Petersburg Nears Completion
News Summary The Central project in St. Petersburg’s EDGE District is poised for a significant milestone with the upcoming opening of a 531-space parking garage. This first phase of the...
Marketing
Three Forks Wood Reclamation Preserves D-Day History
News Summary Three Forks Wood Reclamation, a veteran-owned business in St. Petersburg, has reclaimed historic wood from significant D-Day sites in Normandy. Founded by Christopher Kelley and Christian Knutzen, the...
Grand Opening of 5801 Print House in St. Petersburg
News Summary 5801 Print House will celebrate the grand opening of its warehouse and retail space on June 8 in St. Petersburg’s Warehouse Arts District. The event will feature carnival...
Waldorf Astoria Residences to Tower Over St. Petersburg
News Summary St. Petersburg will soon introduce its tallest structure, the Waldorf Astoria Residences, stretching 539 feet. With 163 luxury condominiums priced from $2.5 million, this $500 million project will...
St. Petersburg Launches World’s Largest AI-Powered 3D Printing Microfactory
News Summary On April 10, 2025, St. Petersburg celebrated the grand opening of Haddy’s 32,000-square-foot microfactory, the world’s largest AI-powered 3D printing facility. Founded by Jay Rogers, Haddy aims to...
St. Petersburg’s Tourism Industry Bounces Back
News Summary St. Petersburg, Florida, is witnessing a robust recovery in its tourism sector following the impact of Hurricanes Helene and Milton. In January 2025, the city reported $8.29 million...
St. Petersburg City Council Extends E-Scooter Contract
News Summary The St. Petersburg City Council has approved a three-month extension for VeoRide’s electric scooter service, ensuring the continued availability of e-scooters on city streets. Since their introduction in...
Florida Seafloor Mapping Initiative Launches in St. Petersburg
News Summary St. Petersburg officials have initiated the Florida Seafloor Mapping Initiative to enhance understanding of coastal waters after recent hurricane damage. Led by Saildrone, the project aims to collect...
St. Pete Girl Boss: Empowering Women Across Tampa Bay
News Summary St. Pete Girl Boss has rapidly grown from a group of five friends to 8,300 members in Tampa Bay, fostering connections and empowering women since its inception in...
New Mixed-Use Development Proposed for Corey Avenue
News Summary Kolter Urban has proposed a new mixed-use condominium project on Corey Avenue in St. Pete Beach, featuring 162 luxury condos, retail spaces, and public amenities. This initiative, which...
Real Estate
St. Petersburg Housing Authority Hosts Landlord Summit Amid Decreasing Affordable Housing Supply
News Summary The St. Petersburg Housing Authority organized a landlord summit to address the declining supply of affordable housing. The summit aimed to encourage landlords to participate in the Section...
Luxury ‘Magic Mike House’ Hits the Market for $12 Million
News Summary The opulent ‘Magic Mike House’, a stunning waterfront mansion in Tierra Verde, Florida, has been listed for sale at $12 million. This Mediterranean-style property boasts 7,825 square feet...
St. Petersburg’s Economic Growth Despite Challenges
News Summary St. Petersburg is witnessing significant economic growth, as highlighted by Mayor Ken Welch in his State of the City address. The city has attracted over 8,000 new residents...
New Boutique Hotel Planned for Downtown St. Petersburg
News Summary The St. Petersburg City Council has approved plans for a new boutique hotel at the site of the long-vacant Smith Empire Building. The hotel will feature 74 rooms...
St. Petersburg Approves Major Redevelopment Projects
News Summary St. Petersburg’s city council has greenlit two significant redevelopment initiatives, including a new 16-story hotel and a $225 million residential and commercial complex with 824 apartments. This development...
SBF Advisors Rebrands as Sorren After Merger
News Summary SBF Advisors has officially rebranded to Sorren following a significant merger. The new name reflects a commitment to unity and collaboration, enhancing their service offerings. With Josh Tyree...
St. Petersburg Proposals for Affordable Housing Development
News Summary Four development teams have submitted proposals to create affordable housing on a city-owned site in West St. Petersburg. The city council aims to construct around 105 affordable townhomes...
Gulfport Real Estate Market Booms with Luxury Listings
News Summary Gulfport is experiencing a real estate surge, highlighted by high-value properties like a $3.6 million waterfront estate. This luxurious property features multiple living units, impressive amenities, and significant...
Rita Lowman Elected to FOTB Executive Committee
News Summary Rita Lowman, a veteran banker with over 40 years of experience, has been elected to the executive committee of the Friends of Traditional Banking (FOTB). Her role will...
