Downtown St. Petersburg

NAIOP Tour, February 2010

St. Petersburg At-A-Glance• 4th Largest City in Florida (pop. 248,729)

~ #1 Mega-market in the Southeast~ 2nd largest consumer market in Florida

• Median Age has Dropped to 42.4 from 49 Since 1970

• More than 9,600 businesses employing over 127,000~ Most Educated Workforce in Florida

Source: Business Facilities Location Advisor - 2008

~ Overall Business Costs 2nd lowest in nationSource: KPMG - 2008

• City Recognition:~ “Top 25 Arts Destination”

American Style Magazine 2003-2008~ “Top 10 Community for Creative Class”

Source: Southern Business & Development – 2007

~ “Best Community for Young People”Source: America’s Promise – The Alliance for Youth 2006 - 2008

~ “Most Livable Community” of the decadeSource: Partners for Livable Communities

~ “Most Livable Downtown in the Southeast”Source: Southern Development Magazine – 2003

Excellent Accessibility

Tampa BayGulf of

Mexico

Beach Access 15 mins Drive Time

Tampa Intl Airport 20 mins Drive Time

I-275

I-275

I-175

Downtown St. PetersburgAlbert Whitted Airport

I-375

Downtown Overview• More than $1.3 Billion recently completed and/or

currently under construction

• Approximately 18,329 household and growing

• Downtown Airport~ Albert Whitted

• 34,000+ Employees; 2,900+ Businesses

• Capacity for Growth

• Medical Services Cluster

• Largest Marine Science Cluster in theSoutheast U.S.

• Cultural Center of Florida

Downtown EmploymentTotal Employment – 34,557

Health Care10,704 employees

Business Administration5,759 employees

Arts and Culture2,089 employees

Professional & Technical 2,423 employees

Finance & Insurance1,983 employees

Hospitality Services3,435 employees

Downtown ResidentialMore than 2,000 new units since 2000

Parkshore Plaza2006 Opening29 stories; 50 units23,143 SF retail

400 Beach2008 Opening30 stories; 93 units23,900 SF retail

McNulty Lofts2006 Opening5 stories; 101 units10,000 SF restaurant

1010 Central2007 Opening5 stories; 66 units2,500 SF retail

The Sage2008 Opening12 stories; 102 units

Downtown Residential

Ovation29 stories; 45 units18,000 SF retail

Signature Place34 stories; 260 units40,000 SF office15,000 SF retail

Fusion 15602009/2010 Under Construction4 story; 326 units13,552 SF retail

More than 2,000 new units since 2000

Downtown HotelsPennsylvania Courtyard Marriott Hotel

Hampton Inn & Suites Hilton Bayfront

Boutique Brand Hotel Indigo

The Renaissance Vinoy

BayWalk/MidCoreShopping CenterMuvico Theater ComplexIndoor/Outdoor Dining &

Entertainment

Downtown Entertainment

Beach DriveSidewalk CafésWaterfront Park SystemPedestrian Friendly

The PierAttracts 1.2 million visitorsCommunity LandmarkLeisure Activity Center

McNulty BlockResurgence of ActivityDining, Nightclub

Entertainment, Residential living

Theaters

•Mahaffey Theater

•American Stage

•Palladium

Museums

• The Dali Museum ~(25 Year Anniversary 2007)

• The Florida Holocaust Museum

• Great Explorations, The Children’s Museum

• Museum of Fine Arts

• St. Petersburg Museum of History

• Cater Woodson Museum of African American History

• The Arts Center

Florida’s Cultural Center$92.6 Million Annual Industry

The Arts• Main Sail Arts Festival

• Saturday Morning Market

• First Friday – “Get Downtown”

The Arts• Florida Orchestra

• “Theater in the Park” –American Stage

• St. Pete Clay and Pottery

• 25+ Galleries Downtown

• Florida Craftsman

• Monthly Gallery Hop

Florida’s Cultural CenterQuality of Life/ Sense of Place

New & Expanding Arts & Culture

Salvador Dali Museum

New Building

Under Construction

American Stage’s Raymond James Theater

Open

Museum of Fine Arts

Open

Dale Chihuly Collection

Site Selection Phase

Downtown Festivals, Events

• Tampa Bay Rays• Honda Grand Prix of

St. Petersburg• Saturday Morning Market• Ribfest• Jannus Landing• 4th of July• First Friday & Last Friday

~ Get Downtown• Main Sail Arts Festival• Festival of States• Health/ Fitness

~ St. Anthony’s Triathlon~ Women’s ½ Marathon and 5k - new

• Women’s Running Magazine

• Dr. Martin Luther King Jr. Parade• Cultural Historic Tours - new

1,000+ events hosted downtown annually = 9+ million visitors

Rays Major League Baseball

2008 American League Champions

1.8 million fan attendance

“Most Affordable Fan Experience” rated by ESPN

Honda Grand Prix of St. Petersburg

• Indy Racing League (IRL)

• Five-year race commitment through 2014

~ March 25-28, 2010

• Community Night Parade

• 210+ country televised audience

• 140,000+ fan attendance

Higher Education

USF Student Housing354 beds completed,400 more plannedNearly 5,000 students

USF GarageBarnes & Noble bookstore –2008 2nd floor expansion700 space parking deck

Science & Technology Bldg2010 completionThree-story, Two phase development80,000 SF office and labs

Cultural Hub of FloridaPalladium TheaterFlorida International MuseumFlorida OrchestraAmerican Stage Raymond James Theater

Over 26,165 students

Downtown campus

Day and Evening classesOne of the Top Liberal Arts

Colleges in the U.S.

Top 20 Wired College2008 PC Magazine

One of only 40 U.S. colleges honored as Colleges That Changes Lives

CMS

USGS

FWRI SRI

NOAA

COT

IOI

TBEP

FIO

Downtown Marine Science Cluster

St. Petersburg Ocean Team, Marine Science Cluster

Largest cluster in the Southeast and growing; 1,000+ employees

Albert Whitted Airport

High-Tech St. PetersburgSRI International

40,000 SF facility along Bayboro HarborPotential future expansion up 100,000 SF facility

Expectations to grow to 100+ high-wage jobs over the next 3-year

Strategic planning in research and development and deployment and commercialization of technologies related to Ocean Science, Maritime Industry, Port Security Lives

Draper Labs

Purchased, Renovated, and Opened 40,000 SF building for MCM clean lab

Expected to create 65 high-wage jobs

Technically advanced MCM systems in small innovative Applications of Medicine, Energy Conservation, Port Security

Medical Services Cluster> 11,000 employees (citywide)

St. Anthony’s Hospital~ $30 million renovation~ Improved cardiac, women’s oncology units

and ER

All Children’s Hospital~ $403 million expansion, nearly 1 million SF,

outpatient services complex, central power plant and 1,000 space garage

~ Top 25 Children’s Hospital in the U.S. and Top FL Pediatric Provider

Bayfront Medical Center~ Surgical Center expansion~ Level I Trauma Center

Neuroscience Medical Center~ Located in Grand Central District~ $6 million construction investment~ 21,000 SF medical office building

Mixed use retail on ground floor

“Best Beach” 2008 in the U.S.via Trip Advisor

Accolades & Recognition Honors

“Best Winter Hot Spot” 2008 premier U.S. destination by NBC’s Today Show

Best Community for Young People 2008 by America’s Promise

Best Walking City in the State 2008by APMA & Preventive magazineMost Livable Community 2007 renewal

by Partners for Livable Communities

Top 10 Community for Creative Class 2007by Southern Business & Development

Most Educated Workforceby Business Facilities Location Advisor Magazine 2008

Top 25 Arts Destinations by American Style Magazine 2007 & 2008

For the city’s latest development news and assistance with your businesses needs,please visit www.StPeteShines.com

Sustainable Florida Governmental Award by Sustainable Florida Collins-Center

St. Petersburg “The Best”

A Changed City

A Leader in Redevelopment

Proactively Preparing for Tomorrow

A Cultural Center for Florida