Downtown St. Petersburg

Transcription

1 Downtown St. Petersburg NAIOP Tour, February 2010

2 St. Petersburg At-A-Glance 4th Largest City in Florida (pop. 248,729) ~ #1 Mega-market in the Southeast ~ 2 nd largest consumer market in Florida Median Age has Dropped to 42.4 from 49 Since 1970 More than 9,600 businesses employing over 127,000 ~ Most Educated Workforce in Florida Source: Business Facilities Location Advisor ~ Overall Business Costs 2 nd lowest in nation Source: KPMG City Recognition: ~ Top 25 Arts Destination American Style Magazine ~ Top 10 Community for Creative Class Source: Southern Business & Development 2007 ~ Best Community for Young People Source: America s Promise The Alliance for Youth ~ Most Livable Community of the decade Source: Partners for Livable Communities ~ Most Livable Downtown in the Southeast Source: Southern Development Magazine 2003

3 Excellent Accessibility Tampa Intl Airport 20 mins Drive Time I-275 Beach Access 15 mins Drive Time Gulf of Mexico I-375 I-175 Tampa Bay Downtown St. Petersburg Albert Whitted Airport I-275

4 Downtown Overview More than $1.3 Billion recently completed and/or currently under construction Approximately 18,329 household and growing Downtown Airport ~ Albert Whitted 34,000+ Employees; 2,900+ Businesses Capacity for Growth Medical Services Cluster Largest Marine Science Cluster in the Southeast U.S. Cultural Center of Florida

5 Downtown Employment Total Employment 34,557 Health Care 10,704 employees Business Administration 5,759 employees Arts and Culture 2,089 employees Professional & Technical 2,423 employees Finance & Insurance 1,983 employees Hospitality Services 3,435 employees

6 Downtown Residential More than 2,000 new units since 2000 Parkshore Plaza 2006 Opening 29 stories; 50 units 23,143 SF retail 1010 Central 2007 Opening 5 stories; 66 units 2,500 SF retail The Sage 2008 Opening 12 stories; 102 units McNulty Lofts 2006 Opening 5 stories; 101 units 10,000 SF restaurant 400 Beach 2008 Opening 30 stories; 93 units 23,900 SF retail

7 Downtown Residential More than 2,000 new units since 2000 Signature Place 34 stories; 260 units 40,000 SF office 15,000 SF retail Fusion /2010 Under Construction 4 story; 326 units 13,552 SF retail Ovation 29 stories; 45 units 18,000 SF retail

8 Downtown Hotels Pennsylvania Courtyard Marriott Hotel Boutique Brand Hotel Indigo The Renaissance Vinoy Hampton Inn & Suites Hilton Bayfront

9 Downtown Entertainment Beach Drive Sidewalk Cafés Waterfront Park System Pedestrian Friendly The Pier Attracts 1.2 million visitors Community Landmark Leisure Activity Center BayWalk/MidCore Shopping Center Muvico Theater Complex Indoor/Outdoor Dining & Entertainment McNulty Block Resurgence of Activity Dining, Nightclub Entertainment, Residential living

10 Florida s Cultural Center $92.6 Million Annual Industry Theaters Mahaffey Theater American Stage Palladium Museums The Dali Museum ~(25 Year Anniversary 2007) The Florida Holocaust Museum Great Explorations, The Children s Museum Museum of Fine Arts St. Petersburg Museum of History Cater Woodson Museum of African American History The Arts Center

11 The Arts Florida Orchestra Theater in the Park American Stage St. Pete Clay and Pottery 25+ Galleries Downtown Florida Craftsman Florida s Cultural Center Quality of Life/ Sense of Place Monthly Gallery Hop The Arts Main Sail Arts Festival Saturday Morning Market First Friday Get Downtown

12 New & Expanding Arts & Culture New Building Open Under Construction Salvador Dali Museum Open American Stage s Raymond James Theater Site Selection Phase Museum of Fine Arts Dale Chihuly Collection

13 Downtown Festivals, Events 1,000+ events hosted downtown annually = 9+ million visitors Tampa Bay Rays Honda Grand Prix of St. Petersburg Saturday Morning Market Ribfest Jannus Landing 4 th of July First Friday & Last Friday ~ Get Downtown Main Sail Arts Festival Festival of States Health/ Fitness ~ St. Anthony s Triathlon ~ Women s ½ Marathon and 5k - new Women s Running Magazine Dr. Martin Luther King Jr. Parade Cultural Historic Tours - new

14 Rays Major League Baseball 2008 American League Champions 1.8 million fan attendance Most Affordable Fan Experience rated by ESPN

15 Honda Grand Prix of St. Petersburg Indy Racing League (IRL) Five-year race commitment through 2014 ~ March 25-28, 2010 Community Night Parade 210+ country televised audience 140,000+ fan attendance

16 Higher Education Over 26,165 students Downtown campus Day and Evening classes Cultural Hub of Florida Palladium Theater Florida International Museum Florida Orchestra American Stage Raymond James Theater USF Student Housing 354 beds completed, 400 more planned Nearly 5,000 students Science & Technology Bldg 2010 completion Three-story, Two phase development 80,000 SF office and labs USF Garage Barnes & Noble bookstore nd floor expansion 700 space parking deck One of the Top Liberal Arts Colleges in the U.S. Top 20 Wired College 2008 PC Magazine One of only 40 U.S. colleges honored as Colleges That Changes Lives

17 Downtown Marine Science Cluster USGS Albert Whitted Airport FWRI SRI COT TBEP FIO CMS IOI NOAA St. Petersburg Ocean Team, Marine Science Cluster Largest cluster in the Southeast and growing; 1,000+ employees

18 High-Tech St. Petersburg Draper Labs Purchased, Renovated, and Opened 40,000 SF building for MCM clean lab Expected to create 65 high-wage jobs Technically advanced MCM systems in small innovative Applications of Medicine, Energy Conservation, Port Security SRI International 40,000 SF facility along Bayboro Harbor Potential future expansion up 100,000 SF facility Expectations to grow to 100+ high-wage jobs over the next 3-year Strategic planning in research and development and deployment and commercialization of technologies related to Ocean Science, Maritime Industry, Port Security Lives

19 Medical Services Cluster > 11,000 employees (citywide) St. Anthony s Hospital ~ $30 million renovation ~ Improved cardiac, women s oncology units and ER All Children s Hospital ~ $403 million expansion, nearly 1 million SF, outpatient services complex, central power plant and 1,000 space garage ~ Top 25 Children s Hospital in the U.S. and Top FL Pediatric Provider Bayfront Medical Center ~ Surgical Center expansion ~ Level I Trauma Center Neuroscience Medical Center ~ Located in Grand Central District ~ $6 million construction investment ~ 21,000 SF medical office building Mixed use retail on ground floor

20 Accolades & Recognition Honors Best Beach 2008 in the U.S. via Trip Advisor Sustainable Florida Governmental Award by Sustainable Florida Collins-Center Best Community for Young People 2008 by America s Promise Best Winter Hot Spot 2008 premier U.S. destination by NBC s Today Show Most Livable Community 2007 renewal by Partners for Livable Communities Best Walking City in the State 2008 by APMA & Preventive magazine Top 10 Community for Creative Class 2007 by Southern Business & Development Most Educated Workforce by Business Facilities Location Advisor Magazine 2008 Top 25 Arts Destinations by American Style Magazine 2007 & 2008 For the city s latest development news and assistance with your businesses needs, please visit

21 St. Petersburg The Best Proactively Preparing for Tomorrow A Cultural Center for Florida A Leader in Redevelopment A Changed City