ST. PETERSBURG, FL \u2014 The city will begin accepting proposals for the redevelopment of the Historic Gas Plant District, officials said in a news release. <\/p>\n
The Tampa Bay Rays were recently slated to redevelop 86 acres in the district, including the construction of a new stadium, but the $1.3-billion plan fell apart when the team abandoned it in March.<\/p>\n
Earlier this month, a locally led development team, ARK Ellison Horus, LLC, formed by ARK Investment Management, Ellison Development, and Horus Construction, submitted its unsolicited $6.8 billion proposal to purchase and redevelop the site. <\/p>\n
Under Florida state law, \u201cthe city will give public notice allowing an opportunity for competing or alternative proposals from private developers or other interested parties for the lease, purchase, or development of all or a portion of the Historic Gas Plant District property,\u201d the news release said. <\/p>\n
The notice will be published in mid-November. Proposals must be made within 30 days of its publication. <\/p>\n
See Also: <\/p>\n
\u201cHonoring the promises made to our community, including the residents of the Historic Gas Plant District, has been a top priority of my administration and we continue to explore ways to pursue impactful outcomes that reflect the needs and aspirations of our residents,\u201d Mayor Kenneth T. Welch said. \u201cI intend to ensure that any redevelopment reflects the values and priorities of our entire community \u2014 honoring our history while creating pathways for inclusive progress and a thriving future for all in our city.\u201d<\/p>\n
Those interested in submitting a proposal and have questions can reach out to the city\u2019s Real Estate and Property Management Department at business@stpete.org for more information. <\/p>\n
The St. Petersburg City Council also unanimously approved on Thursday having the city\u2019s Housing, Land Use and Transportation Committee discuss possibly hiring the Urban Land Institute to study the best way to redevelop the land ahead of the new proposals coming in, Bay News 9 reported<\/a>. <\/p>\n \u201cThis is to really to give city council some guidance as it pertains to what is the best use of this property,\u201d Council Member Brandi Gabbard said. \u201cHow can we really get the biggest return on our investment?”<\/p>\n","protected":false},"excerpt":{"rendered":"ST. PETERSBURG, FL \u2014 The city will begin accepting proposals for the redevelopment of the Historic Gas Plant…\n","protected":false},"author":2,"featured_media":19173,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[202,204,203,199,201,200],"class_list":["post-19172","post","type-post","status-publish","format-standard","has-post-thumbnail","category-st-petersburg","tag-st-pete","tag-st-pete-headlines","tag-st-pete-news","tag-st-petersburg","tag-st-petersburg-headlines","tag-st-petersburg-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/19172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=19172"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/19172\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/19173"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=19172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=19172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=19172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}