Massive $6.8 billion redevelopment of the Tropicana Field site proposed by group of local leaders
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A trio of well-known business leaders have submitted a proposal to purchase and redevelop 95.5 acres of downtown St. Petersburg, including the Historic Gas Plant District.
Casey Ellison, CEO of Ellison Companies;Cathie Wood, the founder of global investment firm ARK Invest; and Jonathan Graham, President of Horus Construction are behind the effort. Baker Barrios would serve as the master planner architect.
The group submitted a 98-page unsolicited proposal to the City of St. Petersburg this morning outlining a $6.8 billion vision for a new mixed-use district anchored by innovation, housing, cultural institutions, and world-class event venues.
The project would be built in four phases over the next 17 years and will include flexibility to accommodate the Tampa Bay Rays should the team remain beyond 2028.
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After years of planning, Craft Kafe is targeting an early October opening for a new cafe and commissary kitchen in St. Pete’s Skyway Marina District.
The homegrown eatery and bakery, known for specialty coffee and a scratch-made gluten-free menu, is putting the finishing touches on its third St. Pete cafe at 4725 34th Street South in the Marina Village shopping plaza, just south of the Marina Walk Apartments.
The 4,700-square-foot space will include a 1,000-square-foot cafe and a large production kitchen designed to supply Craft’s existing stores and support future expansion, according to the owners.
“We’ve planned this one month after opening our first store in St. Pete. Because of the pandemic, issues in logistics, and losing my home from the hurricanes, this has taken so long to open,” founder and owner Teddy Skiadiotis told St. Pete Rising during a private tour.