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YMCA of Greater St. Petersburg Redevelopment Update 08/15/22

Local Group Under Consideration for YMCA Redevelopment

A joint venture of Eastman Equity and Blake Investment Partners is one of five groups that has submitted a proposal for the redevelopment of the YMCA in St. Petersburg’s Union Central district.  The YMCA is looking at redeveloping a portion of the site and is considering proposals from five organizations.  The proposal from Eastman Equity and Blake Investment Partners, the only local group among the five, would keep the current YMCA as the center point of the development.  The group’s plans, potentially named “The Village”, call for an emphasis on families and outdoor activities and theme-based tenants, possibly to include an athletic shoe store, plant-based restaurants.  The developer’s proposal also would feature more than 200 residential units, with at least 60 workforce housing units.  The existing YMCA facility features a gym, indoor pool, soccer fields and rock-climbing facility.  Discussions with developers are expected to continue until later in 2022.

Photo:  YMCA of Greater St. Petersburg

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