Saint Petersburg, Florida Commercial Real Estate 15 Listings
Saint Petersburg, Florida: A Premier Destination for Commercial Real Estate
Introduction
Saint Petersburg, Florida, is a vibrant city that presents an exceptional opportunity for commercial real estate (CRE) investment. Known for its strategic location on the Gulf Coast and a diverse economy, Saint Petersburg is a hub for industries such as finance, healthcare, and marine science. This city offers a unique blend of business-friendly initiatives and an attractive market for various commercial property types, including office, industrial, and retail spaces.
Economic and Industry Overview
Saint Petersburg's economy is characterized by its diversity and strength in several key industries:
- Marine and Environmental Sciences: Home to institutions like the Florida Institute of Oceanography, driving demand for research and office spaces.
- Healthcare: With large employers like BayCare Health System, the demand for medical office buildings is robust.
- Financial Services: Companies like Raymond James Financial contribute to a strong office space market.
The city benefits from economic development initiatives led by organizations such as the St. Petersburg Economic Development Corporation, which focuses on attracting and retaining business investments.
Strategic Location and Transportation Infrastructure
Saint Petersburg boasts a strategic location with excellent transportation infrastructure:
- Highways: Interstate 275 provides direct access to Tampa and the broader Tampa Bay area.
- Airports: The city is served by the St. Pete-Clearwater International Airport and is in close proximity to Tampa International Airport.
- Ports: The Port of St. Petersburg offers unique logistical advantages for marine industries.
These transportation assets facilitate easy distribution and access to labor pools, enhancing the city's appeal to businesses.
Commercial Real Estate Inventory & Zoning
The city's CRE landscape is diverse, with several major submarkets:
- Central Business District (CBD): A dynamic area with a mix of office, retail, and mixed-use developments.
- Industrial Corridors: Located near major highways, ideal for logistics and manufacturing.
Recent zoning changes have introduced incentives for developers, particularly in designated Opportunity Zones. The City of St. Petersburg’s zoning maps provide detailed information on land use and development regulations.
Major Employers and Institutions
Saint Petersburg hosts a variety of major employers and institutions, including:
- Raymond James Financial: A leading financial services firm with significant office space needs.
- BayCare Health System: A major healthcare provider.
- University of South Florida St. Petersburg: Contributing to demand for research and office facilities.
For more information, visit the St. Petersburg Area Chamber of Commerce.
Notable Commercial Developments & Projects
Several large-scale developments are reshaping Saint Petersburg's CRE landscape:
- Innovation District: A mixed-use area promoting collaboration between businesses and research institutions.
- The EDGE District: A vibrant area undergoing revitalization, attracting retail and office investments.
Information on these projects can be found through the City of St. Petersburg Planning Department.
Building Permits, Planning, and Development Tools
For developers and investors, the following resources are crucial:
- Building and Safety Department
- Permitting Portal
- Parcel Map Viewer / GIS
- Planning Commission
- Development Code
Market Data & Economic Reports
Leverage available public data to inform investment decisions:
- U.S. Census Bureau
- City of St. Petersburg Open Data Portal
- Economic impact reports from the Tampa Bay Regional Planning Council
Brevitas provides AI-powered aggregation of public data and internal insights. Explore our Brevitas-powered dashboards for detailed market analysis.
Why Use Brevitas for Saint Petersburg, Florida CRE?
Brevitas offers a suite of advanced tools for CRE professionals:
- AI-Driven Discovery: Find properties with precision using AI technology.
- Real-Time Market Alerts: Stay informed about new opportunities.
- Smart Property Pages: Access detailed property insights.
- Dealroom Collaboration: Seamlessly manage deals with integrated tools.
- Exclusive Listings: Gain premium exposure and access to exclusive properties.
Leverage Brevitas for a competitive edge in the Saint Petersburg CRE market.
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