For the first time in over two decades, the City of St. Petersburg is updating its master plan for the Port of St. Petersburg — a city-owned, 4.4-acre waterfront site just south of downtown.

Situated within the Innovation District and surrounded by key institutions like the University of South Florida to the west, Albert Whitted Airport to the north, and the U.S. Coast Guard to the east, the Port is seen as a uniquely positioned but underutilized asset.

In 1999, St. Pete City Council unanimously approved a $14.8 million plan to turn the site into a cruise ship port and an educational attraction called “Port Discovery.” But the project was ultimately scrapped after engineers later estimated the cost could exceed $72 million.

Now, the city is once again considering redevelopment options.

On June 25th, city officials and consultants from Moffatt & Nichol hosted a public meeting at The Coliseum to present three preliminary development scenarios and gather input from residents, business owners, and other stakeholders.