Historic Gas Plant District Update 11/30/22

Developer Shares Affordable Housing Plans for Gas Plant Proposal

 

 

Sugar Hill Community Partners, which is bidding to redevelop the Gas Plant District, has revealed new elements of its proposal pertaining to affordable housing. The new proposal includes a residential program committing to 50% affordable and workforce housing. Sugar Hill will submit its response to the City of St. Petersburg’s request for proposals on Friday, December 4. To oversee the affordable housing initiative, Sugar Hill has added Blue Sky Communities, Property Markets Group Affordable and the St. Petersburg Housing Authority as development partners.  Spanning 86 acres nestled in the middle of St. Pete, with one of the most vibrant and walkable communities in the nation, the Historic Gas Plant District (formally known as the Tropicana Field site) represents an opportunity unlike any other in the Southeast. The new Request for Proposal process will ensure intentional equity, vibrancy and economic vitality for years to come.  The City of St. Petersburg received proposals from two developers at the end of 2021.  In June, St. Petersburg Mayor Ken Welch began the new Request for Proposal process.  The site is currently occupied by Tropicana Field, home of the Tampa Bay Rays major league baseball team. The Rays’ lease with the city expires in 2027.  Proposals for re-development must include plans with a new baseball stadium and call for residential units, to include affordable housing, office space, retail space and green space.  New proposals are due by 10 a.m. on Dec. 2.

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