The group behind the St. Petersburg Commerce Park LLC, which promised to deliver a manufacturing center and affordable homes in South St. Pete, is pursuing to acquire a city-owned lot to complete the vision for its long-intended development.
Tom Callahan, CEO of St. Petersburg Commerce Park, has offered to buy 2586 8th Ave. S. (Lot 16) from the city for $40,000 after the city received interest from another party to obtain the site.
St. Petersburg Commerce Park, or SPCP, owns 5.5 acres in Commerce Park, including Lots 18,19, 20 and 21, surrounding the available lot, which does not have any existing structures.
Years ago, the organization planned to construct a mixed-use development consisting of retail, industrial and workforce housing on the site, but those plans never came to fruition. The vacant lots currently have leases associated with them; however, those leases could be terminated.
