St Petersburg Business News
BUSINESS NEWS
St. Petersburg Set for Major Port Redevelopment
News Summary The Port of St. Petersburg is embarking on its first major redevelopment in 26 years, outlined in a new master plan. This comprehensive project will revitalize the port’s...
Duckweed Urban Grocery Opens New Location in St. Petersburg
News Summary Duckweed Urban Grocery has expanded into St. Petersburg’s Grand Central District with a new store location. Occupying 2,200 square feet at the Tru by Hilton hotel, the store...
St. Petersburg Establishes Roy Peter Clark Chair in Writing
News Summary St. Petersburg, Florida honors writing teacher Roy Peter Clark with the establishment of the Roy Peter Clark Chair in Writing and Editing at the Poynter Institute. This new...
Home Shopping Network Ends Operations in St. Petersburg
News Summary The Home Shopping Network has officially ended its 47-year operations in St. Petersburg, Florida, transitioning to full-time broadcasting from Pennsylvania. This move follows a consolidation planned by its...
Florida Housing Market Faces Major Price Corrections
News Summary Florida’s housing market shows signs of significant cooling, with key markets like Cape Coral, Lakeland, North Port, St. Petersburg, and West Palm Beach experiencing major price corrections. The...
The Vinoy Resort: A Historic Retreat in Downtown St. Petersburg
News Summary The Vinoy Resort & Golf Club in St. Petersburg, Florida, merges historic elegance with modern comfort. Opened in 1926 and now part of Marriott’s Autograph Collection, it offers...
Beloved British Restaurant The Studio Public House Set to Close
News Summary The Studio Public House in St. Petersburg, a favorite British restaurant, will close this summer after its landlord’s decision to sell the property for development. Owners Mike and...
Pinellas County Residents Demand Regulation on Vacation Rentals
News Summary Residents of Pinellas County have expressed deep concerns regarding the disruptions caused by short-term vacation rentals, particularly those listed on platforms like Airbnb and VRBO. Complaints include noise,...
Tampa Bay Rays Engage in Exclusive Sale Discussions
News Summary The Tampa Bay Rays are in exclusive talks with a Florida investment group regarding the potential sale of the MLB team. This development arises in the aftermath of...
Finance
Tampa Bay Rays Engage in Exclusive Sale Discussions
News Summary The Tampa Bay Rays are in exclusive talks with a Florida investment group regarding the potential sale of the MLB team. This development arises in the aftermath of...
Renovation of Edward White Hospital to Provide Affordable Senior Housing in St. Petersburg
News Summary The former Edward White Hospital in St. Petersburg is being transformed into 71 units of affordable housing for seniors. This project also aims to include a community health...
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...
CONSTRUCTION
St. Petersburg to Convert Edward White Hospital into Affordable Senior Housing
News Summary The St. Petersburg Housing Authority plans to transform the closed Edward White Hospital into a six-story affordable senior living community, featuring 71 dedicated units. Construction will begin in...
Phoenix Group Contractors Expands Services in St. Petersburg
News Summary Phoenix Group Contractors, a licensed construction company, is expanding its services to include property maintenance and bathroom remodeling in St. Petersburg. This growth aims to better serve residential...
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...
Marketing
St. Petersburg Set for Major Port Redevelopment
News Summary The Port of St. Petersburg is embarking on its first major redevelopment in 26 years, outlined in a new master plan. This comprehensive project will revitalize the port’s...
Community Foundation Tampa Bay Awards Over $2.2 Million to Nonprofits
News Summary The Community Foundation Tampa Bay has awarded more than $2.2 million to 84 nonprofit projects addressing pressing community needs, focusing on areas like economic opportunity and health. The...
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...
Real Estate
Florida Housing Market Faces Major Price Corrections
News Summary Florida’s housing market shows signs of significant cooling, with key markets like Cape Coral, Lakeland, North Port, St. Petersburg, and West Palm Beach experiencing major price corrections. The...
The Vinoy Resort: A Historic Retreat in Downtown St. Petersburg
News Summary The Vinoy Resort & Golf Club in St. Petersburg, Florida, merges historic elegance with modern comfort. Opened in 1926 and now part of Marriott’s Autograph Collection, it offers...
Pinellas County Residents Demand Regulation on Vacation Rentals
News Summary Residents of Pinellas County have expressed deep concerns regarding the disruptions caused by short-term vacation rentals, particularly those listed on platforms like Airbnb and VRBO. Complaints include noise,...
Tampa Bay Rays Engage in Exclusive Sale Discussions
News Summary The Tampa Bay Rays are in exclusive talks with a Florida investment group regarding the potential sale of the MLB team. This development arises in the aftermath of...
Luxury Penthouse Listed for $7 Million in St. Petersburg
News Summary A stunning luxury penthouse in One St. Petersburg has been listed for $7 million, setting a new benchmark in the local real estate market. This exclusive 39th-floor unit...
Tampa Bay Rays in Exclusive Sale Discussions
News Summary The Tampa Bay Rays are in exclusive negotiations with a Florida investment group for a potential sale valued at approximately $1.7 billion. This significant increase from Forbes’ recent...
St. Petersburg to Welcome New Affordable Housing Complex
News Summary Wood Partners is proposing a new 381-unit apartment complex named Alta Roosevelt in St. Petersburg, aimed at providing affordable and workforce housing. This initiative, located at 11101 Roosevelt...
St. Petersburg to Convert Edward White Hospital into Affordable Senior Housing
News Summary The St. Petersburg Housing Authority plans to transform the closed Edward White Hospital into a six-story affordable senior living community, featuring 71 dedicated units. Construction will begin in...
Renovation of Edward White Hospital to Provide Affordable Senior Housing in St. Petersburg
News Summary The former Edward White Hospital in St. Petersburg is being transformed into 71 units of affordable housing for seniors. This project also aims to include a community health...
