St. Petersburg College lists 32 acres for sale for potential redevelopment
/THE ST PETERSBURG COLLEGE PROPERTY IN ST. PETERSBURG IS LOCATED AT 3200 34th South | CBRE
St. Petersburg College is soliciting offers to sell off multiple properties in Pinellas County, including its Allstate Campus in south St. Pete.
SPC has hired CBRE as the listing agent for the sites at 3200 34th South in St. Petersburg, home of the Allstate Campus, and 7200 66th Street North in Pinellas Park, the site of the Health Education Center.
The two properties total 32 acres.
"These properties offer a rare opportunity to develop large mixed-use properties in the state's densest county," CBRE Executive Vice President David Conn said in a prepared statement.
“Developers are facing a scarcity of available land for new projects, particularly with this size of acreage, while Florida’s business friendly climate continues to attract relocations of corporations and residents alike.”
The CBRE team working with St. Petersburg College includes Scott Peek, Jubeen Vaghefi, and Denny St. Romain, along with Lee Ann Korst of CBRE’s Public Institutions and Education Solutions (PIES), which provides real estate services to educational institutions around the country.
THE ST PETERSBURG COLLEGE PROPERTY IN PINELLAS PARK IS LOCATED AT 7200 66th Street North | CBRE
The 17.18-acre Allstate Campus houses the college's public safety programs, including firefighting and law enforcement training academies in addition to grant-funded and in-service training for other public safety professionals.
Prospective buyers have until 3 p.m. on March 15th to submit offers on the Allstate Campus
The available 15.1-acre property is where the college operates its Health Education Center, which offers training in the healthcare field in emergency services, prosthetics, dental hygiene, and funeral services.
The deadline to submit offers on the second property is March 18th at 3 p.m.
“The college is committed to ensuring that the sale of these two properties align with the institution’s mission to enrich and strengthen lives throughout Pinellas County and the Tampa Bay area,” said Janette Hunt, Vice President of Finance and Business Operations at the college.
“We invite bids from those who share the college’s vision of leveraging this property to contribute to the betterment of the community, enhance educational opportunities, promote economic growth, support sustainable development, and collaborate with community partners.”
In addition to selling the Allstate Campus and the Health Education Center sites, the City of St. Petersburg is purchasing SPC's former Gibbs Wellness Center site, where the city plans to build 105 affordable townhomes, with 30% reserved for students, teachers, and faculty.
Late last year, the St. Petersburg City Council approved a $4.2 million allocation to acquire the 5.23-acre surplus property at 7045 Burlington Avenue North.
The city also agreed to cover up to $100,000 towards closing costs and other fees.
SPC has owned the parcel since 1989. It consists of a 20,732-square-foot building built in 1969, surface parking, and a field.
