City of St. Petersburg to launch yearlong planning effort for rapidly growing District 2
St. Petersburg's District 2 will be the focus of a city-led planning initiative.
With its rapid development comes a notable population increase. District 2 now has the second-highest population growth rate in all of St. Petersburg.
The planning process will unfold throughout the next year, with numerous opportunities for public input.
ST. PETERSBURG, Fla. - St. Petersburg's District 2, one of the city's fastest-growing areas, is now the focus of a major city-led planning initiative.
With redevelopment already underway, city officials are dedicating the next year to crafting a comprehensive master plan—ensuring that the district's future growth is both strategic and community-driven.
Dig deeper
Located in North St. Pete and connected by both the Gandy and Howard Frankland Bridges, District 2 has become a magnet for development.
Construction sites and real estate signs are now common sights across the area.
It also serves as a critical employment hub for the region, home to major companies like Raymond James.
READ:St. Pete consignment shop abruptly closes, thousands of dollars in designer goods missing
Later this year, Foot Locker is set to relocate its corporate headquarters from New York to the district.
"This is one of the largest employment centers in the Tampa Bay region," city officials noted, underscoring the district's growing economic significance.
With its rapid development comes a notable population increase. District 2 now has the second-highest population growth rate in all of St. Petersburg. But along with this growth comes risk.
READ: St. Pete approves projects to make sewer system more resilient
About 95 percent of the district lies within a coastal high-hazard zone.
Neighborhoods like Riviera Bay were especially hard hit during Hurricane Helene. Infrastructure challenges remain, and with more development on the horizon, city leaders say intentional planning is critical.
What they're saying
"We wanted to make sure that when this redevelopment comes our way—because we know it's coming—that it comes with an idea that comes from the community, with a guiding document," said District 2 City Councilmember Brandi Gabbard.
What's next
To help create that vision, the city has hired a consulting firm to work directly with residents and business owners. Over the next year, the firm will gather feedback and help design a long-term master plan that reflects the community's priorities.
READ:St. Pete man sailing over 5,500 miles for Ronald McDonald House Charities
City planners are also embracing technology to help bring the vision to life. Staff say they'll use ESRI Story Maps—interactive digital maps used in urban planning—to give residents a hands-on way to shape the future of District 2.
The planning process will unfold throughout the next year, with numerous opportunities for public input. City officials hope it will result in a thoughtful blueprint for sustainable, inclusive growth in one of St. Pete's most dynamic districts.
The Source
This story was written with information gathered by FOX 13's Genevieve Curtis.
STAY CONNECTED WITH FOX 13 TAMPA:
Download the FOX Local app for your smart TV
Download FOX Local mobile app: Apple | Android
Download the FOX 13 News app for breaking news alerts, latest headlines
Download the SkyTower Radar app
Sign up for FOX 13's daily newsletter
Follow FOX 13 on YouTube
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
12 hours ago
- Yahoo
Raymond James Starts Ares Management (ARES) Coverage, Highlights Strong Fee-Based Model
Ares Management Corporation (NYSE:ARES) ranks among the . On July 28, Raymond James began coverage of Ares Management Corporation (NYSE:ARES) with a Market Perform rating. While the firm highlighted Ares' robust direct lending position and growth prospects as advantages, it also pointed out that there were no immediate catalysts for the stock. According to Raymond James, Ares Management Corporation (NYSE:ARES) is reasonably valued at its current price-to-earnings multiple of 32x next-twelve months, which is higher than the 20x anticipated P/E average for the alternative asset management industry in 2026. The firm claims that Ares' purely fee-based business model, which has little balance sheet exposure and a better growth trajectory than its peers, justifies the premium valuation. Raymond James emphasized Ares' guidance for fee-related earnings through 2028, which are expected to improve at a compound annual growth rate of 16–20%. As the company deploys about $81.5 billion in committed assets that do not currently generate fees, additional margin gains are projected. Ares Management Corporation (NYSE:ARES) is an alternative asset management with operations in Asia, Europe, and the United States. The company is divided into different divisions, including the Real Estate Group, the Private Equity Group, the Direct Lending Group, and the Tradable Credit Group. While we acknowledge the potential of ARES as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None.
Yahoo
12 hours ago
- Yahoo
Raymond James Backs Valero Energy (VLO) on Long-Term U.S. Refining Strength
Valero Energy Corporation (NYSE:VLO) ranks among the . Raymond James kept its Strong Buy rating on Valero Energy Corporation (NYSE:VLO) and reduced its price target from $172 to $170 on July 24. Despite a complex and possibly turbulent near-term macroeconomic outlook, the firm believes Valero Energy Corporation (NYSE:VLO) remains well-positioned to benefit from strong long-term U.S. refining conditions. Raymond James predicts a stronger refining scenario in 2026 and beyond, with renewable diesel and sustainable aviation fuel offering additional tailwinds over the same period. Regardless of whether momentum in the refining industry may be waning, the firm notes that Valero's focused low-cost strategy has placed the company at the forefront of the sector. Valero Energy Corporation (NYSE:VLO) is an American downstream petroleum company that is mainly involved in the production and distribution of transportation fuels, along with other petrochemical products and power. While we acknowledge the potential of VLO as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None.
Yahoo
12 hours ago
- Yahoo
Solaris Energy Infrastructure (SEI) Beats Q2 Projections, Power Solutions Drive Growth
Solaris Energy Infrastructure, Inc. (NYSE:SEI) ranks among the . On July 24, Raymond James maintained its Outperform rating on Solaris Energy Infrastructure, Inc. (NYSE:SEI) and increased its price target to $41 from $38 after the company topped its second-quarter earnings. For the second quarter of 2025, Solaris Energy Infrastructure, Inc. (NYSE:SEI) surpassed both Raymond James' and the Street's projections of $51.7 million and $52.6 million, respectively, with an adjusted EBITDA of $60.6 million. The Power Solutions segment of the company, which produced adjusted EBITDA of $45.7 million, was considered the main driver of the earnings beat. Solaris Energy Infrastructure, Inc. (NYSE:SEI) has shifted its focus to power in the last year and is constructing a fleet of 1.7 GW gas turbines, according to Raymond James. Contracts for 75% of the company's pro forma fleet have already been obtained, and a joint venture agreement has been formed for its installations. Solaris Energy Infrastructure, Inc. (NYSE:SEI) is a manufacturer of patented mobile proppant management systems that store, unload, and deliver proppant to oil and gas well locations. While we acknowledge the potential of SEI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. Read More: and Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data