At the former St. Petersburg Marine Center site, plans have been submitted for a 4,271-square-foot drive-in restaurant and an 18,000-square-foot automotive complex.

At the Progressive Marina site, two permit applications have been filed—one for a 76-space parking lot to serve an existing warehouse, and another for a proposed office building on the former shipyard grounds.

The neighborhood has long supported working waterfront uses such as shipyards, marinas, and boat storage, and many residents worry redevelopment could displace businesses that have operated along Salt Creek for decades.

While Prometheus’s footprint in St. Pete continues to grow, the firm has also made investments beyond city limits.

Most recently, the company proposed Surf Shack, a three-story, 5,700-square-foot waterfront restaurant and bar planned for downtown Gulfport, just steps from O’Maddy’s Bar & Grille and Stormrunners Tavern.