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Historic Gas Plant District Update 12/05/22

Sugar Hill Partners Reveals Details of Historic Gas Plant Proposal

 

 

Sugar Hill Partners, one of four developers that submitted a bid for the Historic Gas Plant District redevelopment in downtown St. Petersburg, has revealed more details of its plan. The Sugar Hill Partners development would include:

 

- 5,200 residential units (50% of which will be affordable and workforce, including 325 units to be developed off-site)
- Two boutique hotels (each 200 keys)
- Up to 2.7 million square feet of office space
- 409,000 square feet of retail (includes all ground floor uses such as libraries, community centers, daycare, elder care centers, religious centers, etc.)
- 174,000-square-foot conferencecenter (and 350-key conference hotel)
- 39,000-square-foot performance hall
- 96,000-square-foot museum
- 22,000 square foot transit hub

 

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 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 were required to include plans with a new baseball stadium and call for residential units, to include affordable housing, office space, retail space and green space.  Four groups submitted proposals prior to the deadline, which was December 2, 2022. In addition to Sugar Hill Partners, the other groups are 50 Plus 1 Sports, Hines & Tampa Bay Rays, and Restoration Associates.

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