According to Bank of America, Raymond James Financial and city administrators, St. Petersburg is well-positioned to contribute $287.5 million toward the Historic Gas Plant District’s over $6.5 billion redevelopment. However, some council members remain unconvinced of the city’s ability to service that debt over three decades of economic uncertainty without raising taxes or taking much-needed [...]| St Pete Catalyst
In what is likely a bellwether for final agreement votes, the St. Petersburg City Council passed multiple measures related to the Historic Gas Plant District’s $6.5 billion redevelopment Thursday evening. A $1.37 billion ballpark for the Tampa Bay Rays would anchor the generational project. Council members voted 5-3 to extend an area funding mechanism, increase [...]| St Pete Catalyst
The debate is over: St. Petersburg City Council members approved a $6.7 billion proposal to anchor a reimagined Historic Gas Plant District with a new Tampa Bay| St Pete Catalyst