St. Pete Innovation District unveils new master plan shaping future waterfront growth
/The Innovation District, a 560-acre neighborhood on the southeastern edge of downtown St. Pete, is putting the final touches on a new master plan outlining a long-term vision for growth, including possible zoning updates that could lead to larger mixed-use developments.
The plan, which was presented during an open house on Wednesday night, is meant to be a flexible, long-term framework rather than a rigid set of instructions.
Developed in partnership with the City of St. Pete and Kimley-Horn, the plan emphasizes expanded waterfront access, climate resilience, mixed-use development, and stronger connections to downtown and surrounding neighborhoods.
First established in 2016, the Innovation District has become a hub for marine science, healthcare, research, and technology anchored by major institutions including the University of South Florida St. Petersburg, Johns Hopkins All Children’s Hospital, Orlando Health Bayfront Hospital, Port St. Pete, and Albert Whitted Airport.
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Pre-leasing is set to begin Saturday, August 15th, with move-ins scheduled after the new year at the first apartment community in Sky Town, an $800 million mixed-use development underway in St. Petersburg’s Skyway Marina District.
The 401-unit iMMiX Apartments, located at 3201 34th Street South, are part of the first phase of the 34.3-acre development being built on the former Ceridian office campus.
Once complete, Sky Town will include 2,084 apartments, 69,000 square feet of retail anchored by a 23,000-square-foot Sprouts Farmers Market, and 120,000 square feet of self-storage across six phases.
Coral Gables-based Altis Cardinal, led by developer Frank Guerra, broke ground on the iMMiX Apartments in September 2025, with Jacksonville-based Summit Contracting Group serving as general contractor.