St Petersburg Business News

BUSINESS NEWS
St. Petersburg Welcomes New Coffee Haven
News Summary Paradeco Coffee Roasters has opened a new location at the SkyBeach Resort in St. Petersburg, offering a vibrant café experience with unique features, a diverse menu, and a...
Pat Mack’s Triumph as Veteran Business Owner of the Year
News Summary Pat Mack, founder of tech startup PVM in St. Petersburg, has been honored as the South Florida Veteran Business Owner of the Year by the U.S. Small Business...
QVC Group Announces Layoffs and Relocation Impacting HSN Employees
News Summary The QVC Group, parent company of HSN, will lay off approximately 900 employees, about 5% of its workforce, as it relocates operations from St. Petersburg, Florida, to West...
City Center Office Tower Unveils Stunning Renovations in Downtown St. Petersburg
News Summary The City Center office tower in downtown St. Petersburg has completed a multi-million-dollar renovation, transforming the 12-story building into a modern workspace. Key upgrades include a redesigned atrium...
Masa Taco Truck Opens in St. Petersburg to Combat Hunger
News Summary Masa Taco Truck has launched in St. Petersburg, aiming to tackle food waste and hunger. Founded by Cameron and Ellen Macleish, all profits support 360 Eats, a nonprofit...
St. Petersburg Begins Major Watermain Project
News Summary The St. Petersburg City Council has approved a $7.85 million contract for Phase 5 of the Downtown Watermain Replacement Program, enhancing the city’s water infrastructure. Awarded to Ric-Man...
St. Petersburg Faces Job Cuts: Home Shopping Network Layoffs
News Summary The Home Shopping Network (HSN) in St. Petersburg, Florida, is set to lay off 730 employees as part of a restructuring effort by its parent company, QVC. The...
St. Petersburg Hosts Its First Winter Pride Celebration
News Summary St. Petersburg is set to launch its inaugural Winter Pride from February 16-23, 2024. This week-long event will include various festivities such as street parties, movie screenings, and...
Historic Home with Modern Amenities for Sale in St. Petersburg
News Summary A charming historic home located at 2521 Driftwood Road SE in St. Petersburg has been listed for sale at $1,799,000. Built in 1938, this property features a blend...
Finance
St. Petersburg Faces Job Cuts: Home Shopping Network Layoffs
News Summary The Home Shopping Network (HSN) in St. Petersburg, Florida, is set to lay off 730 employees as part of a restructuring effort by its parent company, QVC. The...
Florida Surges Ahead in Business Growth
News Summary Florida has been recognized as the top state for business growth in 2025, with Fort Lauderdale leading the charge of entrepreneurial spirit. Favorable conditions, such as low taxes...
St. Petersburg Says Farewell to The Avenue Sports Bar
News Summary The Avenue Sports Bar in downtown St. Petersburg will close its doors for the last time on February 22nd after over a decade of operation. Owner Stephen Schrutt...
Foot Locker to Establish Global Headquarters in St. Petersburg
News Summary Foot Locker has announced it will relocate its global headquarters from Manhattan to St. Petersburg, Florida, by August 2024. This significant move is set to create 150 new...
St. Petersburg Forges Economic Relationships with Latin America
News Summary St. Petersburg hosted leaders from Mexico, Colombia, and the Dominican Republic on February 13 to strengthen economic ties following a major LatAm Tradeshow. Mayor Ken Welch emphasized the...
Business Developments and Real Estate Changes in St. Petersburg and Clearwater
News Summary Recent business and real estate developments in St. Petersburg and Clearwater highlight a dynamic shift in the local market. Major transactions, including the sale of the Crosswinds Shopping...
Construction Begins on Waterways Apartments and Marina in North St. Pete
News Summary The Waterways Apartments and Marina is set to transform North St. Petersburg with 324 apartments and 53 townhomes, nestled along a picturesque 39-acre waterfront. Developed by Key International,...
SBF Advisors Merges with Hoerber Tillman & Company
News Summary SBF Advisors has merged with Hoerber Tillman & Company, expanding their accounting and advisory services. This partnership allows for a comprehensive approach to financial management, benefiting clients in...
National Association for Single and Divorced Families Wins $5,000 Prize
News Summary On December 10, 2024, the National Association for Single and Divorced Families (NASDF) claimed the $5,000 grand prize during St. Pete Pitch Night in St. Petersburg, Florida. This...
CONSTRUCTION
City Center Office Tower Unveils Stunning Renovations in Downtown St. Petersburg
News Summary The City Center office tower in downtown St. Petersburg has completed a multi-million-dollar renovation, transforming the 12-story building into a modern workspace. Key upgrades include a redesigned atrium...
St. Petersburg Begins Major Watermain Project
News Summary The St. Petersburg City Council has approved a $7.85 million contract for Phase 5 of the Downtown Watermain Replacement Program, enhancing the city’s water infrastructure. Awarded to Ric-Man...
St. Petersburg’s Permit Processing Crisis After Hurricane
News Summary St. Petersburg is grappling with a significant backlog in construction permit processing following a challenging hurricane season. Staffing shortages and a dramatic increase in demand for permits have...
St. Petersburg Unveils Major Redevelopment Initiatives
News Summary St. Petersburg is set for significant changes with the announcement of 13 new projects at the Downtown Partnership Development Summit. The highlight is a $6.5 billion redevelopment of...
The Central Project in St. Petersburg Nears Completion
News Summary The Central project in St. Petersburg’s EDGE District is poised for a significant milestone with the upcoming opening of a 531-space parking garage. This first phase of the...
New Apartment Tower Planned for Downtown St. Petersburg
News Summary St. Petersburg City Council has approved plans for a 21-story apartment tower set to replace a 105-year-old building downtown. The project, which includes 213 residential units and 2,250...
St. Petersburg Approves New High-Rise Apartment Tower
News Summary St. Petersburg’s Mirror Lake neighborhood is set for an impressive transformation with the approval of a 23-story apartment tower, increasing from the original plan. The new design will...
Tampa Bay Faces Development Challenges and Opportunities in 2025
News Summary Tampa Bay’s development industry is at a crossroads as it recovers from a turbulent hurricane season. A survey indicates a shift in service demand, with 66% of architects...
Revitalization Plans for the Merriwether Building Site in St. Petersburg
News Summary St. Petersburg is set to revitalize the historic Merriwether Building site with new mixed-use development proposals. The city aims to incorporate affordable housing and retail options to enhance...
Marketing
St. Petersburg’s Tourism Industry Bounces Back
News Summary St. Petersburg, Florida, is witnessing a robust recovery in its tourism sector following the impact of Hurricanes Helene and Milton. In January 2025, the city reported $8.29 million...
St. Petersburg City Council Extends E-Scooter Contract
News Summary The St. Petersburg City Council has approved a three-month extension for VeoRide’s electric scooter service, ensuring the continued availability of e-scooters on city streets. Since their introduction in...
Florida Seafloor Mapping Initiative Launches in St. Petersburg
News Summary St. Petersburg officials have initiated the Florida Seafloor Mapping Initiative to enhance understanding of coastal waters after recent hurricane damage. Led by Saildrone, the project aims to collect...
St. Pete Girl Boss: Empowering Women Across Tampa Bay
News Summary St. Pete Girl Boss has rapidly grown from a group of five friends to 8,300 members in Tampa Bay, fostering connections and empowering women since its inception in...
New Mixed-Use Development Proposed for Corey Avenue
News Summary Kolter Urban has proposed a new mixed-use condominium project on Corey Avenue in St. Pete Beach, featuring 162 luxury condos, retail spaces, and public amenities. This initiative, which...
St. Petersburg Forges Economic Relationships with Latin America
News Summary St. Petersburg hosted leaders from Mexico, Colombia, and the Dominican Republic on February 13 to strengthen economic ties following a major LatAm Tradeshow. Mayor Ken Welch emphasized the...
Pinellas County Aims to Revive Holiday Tourism Post-Hurricane
News Summary As the holiday season nears, Pinellas County assesses the impact of last year’s hurricanes on winter tourism. With many businesses still recovering, areas like Treasure Island face quiet...
Jamie Van Cuyk Inspires with Aerial Hoops in St. Petersburg
News Summary Jamie Van Cuyk, a St. Petersburg business owner and aerial hoop dancer, successfully blends her passion for dance and expertise in consulting at Growing Your Team. Since 2018,...
St. Petersburg Sees Significant Economic Growth from Athletic Events in 2024
St. Petersburg Reports Strong Economic Impact from Athletic Events St. Petersburg, FL – The Visit St. Pete-Clearwater (VSPC) organization announced a remarkable economic boost from athletic events during fiscal year...
Real Estate
City Center Office Tower Unveils Stunning Renovations in Downtown St. Petersburg
News Summary The City Center office tower in downtown St. Petersburg has completed a multi-million-dollar renovation, transforming the 12-story building into a modern workspace. Key upgrades include a redesigned atrium...
Historic Home with Modern Amenities for Sale in St. Petersburg
News Summary A charming historic home located at 2521 Driftwood Road SE in St. Petersburg has been listed for sale at $1,799,000. Built in 1938, this property features a blend...
Major Renovations Complete at St. Petersburg City Center
News Summary St. Petersburg’s City Center, located at 100 Second Ave. S., has completed its multi-million-dollar renovations, transforming it into a modern hub with state-of-the-art amenities. The renovations include a...
St. Petersburg Residents Eye New Hope with Mangrove Property Insurance
News Summary St. Petersburg’s own Mangrove Property Insurance has been approved to take over up to 81,000 policies from Citizens Property Insurance, providing hopeful alternatives in Florida’s turbulent insurance market....
City Center in St. Petersburg Unveils Renovated Office Tower
News Summary City Center, located at 100 2nd Avenue South in St. Petersburg, has undergone a multi-million-dollar renovation. This 12-story office building now features a modern atrium lobby, a new...
Welcome to St. Petersburg: A Fresh Start for the Homeless
News Summary Innovare, a groundbreaking affordable housing complex in St. Petersburg, offers a permanent home to individuals and families facing homelessness. With a success rate of 100% housing stability and...
St. Petersburg’s Skyline Could Change with New Apartment Tower
News Summary A proposed 21-story apartment tower with 213 units is planned at 446 Fourth St. S in St. Petersburg. Concerns arise over impact on traffic and sewer systems, amidst...
St. Petersburg Unveils the 2025 Downtown Development Guide
News Summary St. Petersburg is abuzz as it announces the 2025 Downtown Development Guide aimed at driving the city’s growth and recovery post-2024 hurricanes. Mayor Ken Welch emphasizes resilience, while...
St. Petersburg’s Downtown Development Guide 2025 Reveals Growth
News Summary St. Petersburg’s Downtown Development Guide for 2025 highlights significant economic activity and community resilience amidst challenges. Despite rising costs and recent hurricanes, the city continues to experience a...