The Burg Bid Selected To Redevelop 86-Acre Historic Gas Plant District In St. Petersburg
Plans are moving forward for the redevelopment of the 86-acre Historic Gas Plant District in St. Petersburg after Mayor Ken Welch selected Blake Investment Partners as the preferred master developer for the Tropicana Field site and surrounding publicly owned land. Led by St. Petersburg native Thompson Whitney Blake, the development team includes Miami-based Related Group and Elliott Investment Management. The proposal, known as “The Burg Bid,” envisions an approximately $8.1 billion mixed-use district with residential, office, retail, hotel, cultural, and public open space components, representing one of the largest urban redevelopment opportunities in the Southeastern United States.
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