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Development Update

May 12, 2026 · Firm Title TB

🚨 St. Petersburg Waterfront Development Update 🚨

βš“ Master Plan Proposed for the Port of St. Petersburg

A major long-term vision is taking shape for St. Pete’s waterfront, with plans to transform the Port of St. Petersburg into a vibrant mixed-use marine destination over the next 20 years.

πŸ“ˆ Key Highlights & Features
πŸ”Ή Estimated Project Cost: $158M–$270M (excluding design, soft costs, and future pricing)
πŸ”Ή Phased 20-Year Development Plan: Funding expected through grants and private partnerships
πŸ”Ή Four Acres of Waterfront Activation: Designed to enhance tourism, recreation, and marine operations
πŸ”Ή Harborside Park & Restaurant: New public gathering spaces along the waterfront
πŸ”Ή Cruise Terminal Pier: Expanded tourism and cruise opportunities for the region
πŸ”Ή Marine Operations Center: Supporting the city’s growing marine infrastructure
πŸ”Ή Superyacht Marina & Repair Facility: Docks for recreational vessels alongside maintenance and overhaul capabilities

✨ Why This Matters for Tampa Bay Growth
Projects like this continue to position St. Petersburg and the greater Tampa Bay region as a premier waterfront destination for tourism, marine industry, and economic development. Long-term infrastructure investments along the waterfront can create significant impacts on local business growth, property values, and regional investment opportunities.

πŸ“ Firm Title TB is proud to support the continued evolution of Tampa Bay through secure and seamless residential and commercial real estate transactions.

πŸ“Έ tampabay.luxury

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