St. Pete agrees to sell prime real estate to Tampa developer
By Henry Queen
Tampa Bay Business Journal
Published: Sep 13, 2024

A mixed-use development will one day rise on a vacant surface parking lot near Tropicana Field.

St. Petersburg City Council on Thursday approved a resolution allowing Mayor Ken Welch to sell the parking lot directly west of the former UPC Insurance headquarters to Tampa-based Third Lake Partners for $10 million. The vote passed 6-2, with Richie Floyd and John Muhammad voting against the deal.

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