Moffitt Cancer Center and UPC Insurance propose mixed-use development at 800 2nd Avenue South
/A prime lot in the heart of downtown could soon be redeveloped after the City of St. Petersburg received an unsolicited offer for the city-owned block at 800 2nd Avenue South.
Moffitt Cancer Center along with United Insurance Holdings Corp. and TPA Group submitted an offer to purchase the 4.59 acre site in order to develop a mixed-use project which would include a cancer care center, a future headquarters building for UPC, a residential building, and a public parking garage.
UPC Insurance had previously planned to purchase the site in 2018 to build a 150,000 square foot office building, a 500-space public parking garage, and a potential hotel. However, UPC scrapped the project in 2020 after reporting higher than expected losses as a result of a busy hurricane season and cited the need to reassess office space needs due to the COVID-19 pandemic.
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