As well as providing parking for the company, UPC also sees the availability for the parking garage to service the public on weekends and evenings to support the EDGE District and surrounding neighborhoods.

While these plans are very preliminary, it remains to be seen if the city will move forward. As a result of UPC’s interest in the site, and pursuant to Florida Statutes, the city must invite additional alternative proposals from private developers or anyone interested in the lease or purchase of the site. All proposals that are compatible with the Intown Redevelopment Area plan and delivered no later than 10AM on Wednesday August 29, 2018 will be considered. The city will make a decision whether to move forward once all proposals have been reviewed.

Nevertheless, UPC’s vision for the site represents a significant step for Downtown St. Pete in offering the potential for a major office development as well as the opportunity to add 300 high-paying jobs to the area.

For additional detail on UPC’s proposal, read their offer letter here.



Correction: The original version of this article quoted the UPC Insurance Letter of Intent which stated that this would be the first office building in Downtown St. Pete in 28 years. However, upon further review, the Duke Energy office building located at 299 1st Ave N was constructed in 2006. The article has been updated to reflect that this would be the first major office development in 12 years, not 28.