City of St. Petersburg to launch yearlong planning effort for rapidly growing District 2
The Brief
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
39 minutes ago
- Yahoo
Workiva Inc. (WK) Appoints Astha Malik to Its Board of Directors
Workiva Inc. (NYSE:WK) is one of the 11 Best Tech Stocks to Buy On the Dip. On May 29, Workiva Inc. (NYSE:WK) announced the appointment of Astha Malik, Chief Business Officer of Braze, to its board of directors. Malik brings 25 years of experience in driving growth and scaling high-growth SaaS companies. The company also released its Q1 2025 results on May 1. The revenue of $206 million grew 17% year-over-year driven by a 20% increase in subscription and support revenue. Both of these financial indicators surpass management's guidance despite a challenging environment characterized by a cautious buying environment and flat professional services revenue. A software engineer debugging a compliance code on a laptop in a modern office setting. After the earnings release, analyst Alexander Sklar from Raymond James maintained an Overweight rating on Workiva Inc. (NYSE:WK) lowering the price target from $125 to $105. The analyst noted the company showed strong bookings in Q1 however, the tough macroeconomic environment led to a conservative outlook by Raymond James. Regardless, Workiva Inc. (NYSE:WK) maintained its full-year revenue guidance at $864 million to $868 million. Workiva Inc. (NYSE:WK) is a technology company that operates a cloud-based platform that enables organizations to streamline and automate financial, sustainability, and compliance reporting processes. Its SaaS platform combines ERP, HCM, and CRM applications, supporting real-time collaboration and integrated reporting across teams. While we acknowledge the potential of WK 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 NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Melden Sie sich an, um Ihr Portfolio aufzurufen.
Yahoo
7 hours ago
- Yahoo
Strong Portfolio Pushes SmartStop Self Storage REIT, Inc. (SMA) to Strong Buy
SmartStop Self Storage REIT, Inc. (NYSE:SMA) is among the best small company stocks to invest in. On Wednesday, analysts at Raymond James raised the price target for SmartStop Self Storage REIT, Inc. (NYSE:SMA) to $44.00, up from $42.00, while upgrading to Strong Buy from Outperform. This confidence is driven by the company's high-quality portfolio and operating platform. Over the last few months, SmartStop Self Storage REIT, Inc. (NYSE:SMA) has returned quite impressive returns. While the market's year-to-date return stands at merely 1.72%, the company reported an impressive 9.24%. This shows that the giant is just getting started. A row of self-storage units in a self-storage complex, showing the affordability and security offered by the company. From higher organic growth potential and margin upside to external growth impact because of its smaller size, the firm highlighted various reasons for a turnaround. The company has witnessed a revenue growth of 5.34% in the last twelve months, and with analysts anticipating 9% growth for the current fiscal year, SMA seems to be a hidden gem. SmartStop Self Storage REIT, Inc. (NYSE:SMA) is a California-based company that owns and operates self-storage facilities in the United States and Canada. This self-managed REIT has a fully integrated operations team of around 590 self-storage professionals. With 220 operating properties in 23 states, the company is committed to delivering value to its investors and customers. While we acknowledge the potential of SMA 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 NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. 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
Yahoo
2 days ago
- Yahoo
Ucore Announces Closing of Brokered Offering for Gross Proceeds of C$15.5 Million
Halifax, Nova Scotia--(Newsfile Corp. - June 19, 2025) - Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF) ("Ucore" or the "Company") is pleased to announce the closing of its previously announced "best efforts" private placement (the " Offering") for aggregate gross proceeds of C$15.5 million, which includes the full exercise of the agents' option. In aggregate pursuant to the Offering, the Company sold 12,916,667 units of the Company (the "Units") at a price of $1.20 per Unit (the "Offering Price"). Each Unit consists of one common share in the capital of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase one Common Share (a "Warrant Share") at any time on or before June 19, 2028 at an exercise price of $1.75. Red Cloud Securities Inc., as lead agent and sole bookrunner, together with Raymond James Ltd. (collectively, the "Agents"), acted as agents in connection with the Offering. As consideration for their services, the Agents received cash commissions and advisory fees totaling $855,000 and were issued an aggregate of 712,500 non-transferable Common Share purchase warrants (the "Broker Warrants"). Each Broker Warrant is exercisable into one Common Share at the Offering Price at any time on or before June 19, 2028. The Units were issued to Canadian purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions, as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. The Units and the securities underlying the Units are not subject to resale restrictions pursuant to applicable Canadian securities laws. The net proceeds of the Offering are expected to be used for the following: (i) finalization of upstream mixed-rare-earth feedstock agreements and downstream customer offtake agreements for the Company's planned strategic metals complex ("SMC") in Louisiana, USA; (ii) completion of the Company's existing obligations pursuant to its agreements with the U.S. Department of Defense and Natural Resources Canada; (iii) commercial scale column confirmation testing; (iv) progressing engineering drawings and plans, which are currently ongoing, for the Company's planned SMC; and (v) general working capital requirements. The Offering remains subject to the final approval of the TSX Venture Exchange (the "TSXV"). This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities offered have not been, nor will they be, registered under the U.S. Securities Act or under any U.S. state securities laws, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act, as amended, and applicable state securities laws. About Ucore Rare Metals Inc. Ucore is focused on rare- and critical-metal resources, extraction, beneficiation, and separation technologies with the potential for production, growth, and scalability. Ucore's vision and plan is to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. Through strategic partnerships, this plan includes disrupting the People's Republic of China's control of the North American REE supply chain through the near-term development of a heavy and light rare-earth processing facility in the US State of Louisiana, subsequent SMCs in Canada and Alaska and the longer-term development of Ucore's 100% controlled Bokan-Dotson Ridge Rare Heavy REE Project on Prince of Wales Island in Southeast Alaska, USA. Ucore is listed on the TSXV under the trading symbol "UCU" and in the United States on the OTC Markets' OTCQX® Best Market under the ticker symbol "UURAF." For further information, please visit Forward-Looking Statements This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release (other than statements of historical facts) that address future business development, technological development and/or acquisition activities (including any related required financings), timelines, events, or developments that the Company is pursuing are forward-looking statements, including without limitation statements with respect to the intended use of proceeds from the Offering and the receipt of final approvals of the TSXV. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance or results, and actual results or developments may differ materially from those in forward-looking statements. Regarding the disclosure that is in the "About Ucore Rare Metals Inc." and "About RapidSX™ Technology" sections above, the Company has assumed that it will be able to procure or retain additional partners and/or suppliers, in addition to Innovation Metals Corp. ("IMC"), as suppliers for Ucore's expected future SMCs. Ucore has also assumed that sufficient external funding will be found to complete the SMC commissioning and Kingston Demonstration Plant activities and also later prepare a new National Instrument 43-101 technical report that demonstrates that the Bokan Mountain Rare Earth Element project ("Bokan") is feasible and economically viable for the production of both REE and co-product metals and the then prevailing market prices based upon assumed customer offtake agreements. Ucore has also assumed that sufficient external funding will be secured to continue the development of the specific engineering plans for the SMCs and their construction. Factors that could cause actual results to differ materially from those in forward-looking statements include, without limitation: IMC failing to protect its intellectual property rights in RapidSX™; RapidSX™ failing to demonstrate commercial viability in large commercial-scale applications; Ucore not being able to procure additional key partners or suppliers for the SMCs; Ucore not being able to raise sufficient funds to fund the specific design and construction of the SMCs and/or the continued development of RapidSX™; adverse capital-market conditions; unexpected duediligence findings; the emergence of alternative superior metallurgy and metal-separation technologies; the inability of Ucore and/or IMC to retain its key staff members; a change in the legislation in Louisiana or Alaska and/or in the support expressed by the Alaska Industrial Development and Export Authority (AIDEA) regarding the development of Bokan; the availability and procurement of any required interim and/or long-term financing that may be required; and general economic, market or business conditions. Neither the TSXV nor its Regulation Services Provider (as that term is defined by the TSXV) accept responsibility for the adequacy or accuracy of this release. CONTACT For additional information, please contact: Mark MacDonaldVice President, Investor RelationsUcore Rare Metals Inc.1.902.482.5214mark@ THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FORDISSEMINATION IN THE UNITED STATES To view the source version of this press release, please visit Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
