ArticleType: St. Pete News
Friday, May 20, 2016
CITY COUNCIL APPROVES DEVELOPMENT OF 22ND STREET SOUTH COMMERCE PARK SITE BY TWO LOCAL COMPANIES
Development will bring 65 new jobs, embodies the goals of the Community Redevelopment Area Plan for South St. Petersburg
Yesterday, the St. Petersburg City Council unanimously approved development agreements with two local companies – EMP Industries and Euro Cycles – to expand business operations in south St. Petersburg’s Commerce Park. Upon development of the site, 65 new jobs will be created for the area. These jobs, serving the newly established South St. Pete Community Reinvestment Area, will satisfy federal job creation criteria for the Commerce Park.
Said Mayor Rick Kriseman: “This is a banner day for St. Petersburg and a shining example of the opportunity creation occurring throughout south St. Pete. I want to thank EMP Industries and Euro Cycle for their commitment to the Sunshine City.”
Said Director of Urban Affairs Nikki Capehart: “As a former resident of Commerce Park, I understand the need to create employment and entrepreneurship opportunities during development of the site and after the ribbon is cut. I strongly encourage residents of the CRA to stay in touch with my department and be ready to apply for these jobs. The CRA of Opportunity, and all of St. Pete, will benefit from Euro Cycles and EMP Industries locating in south St. Petersburg.
Development of the Commerce Park site is one critical component of the mayor’s larger strategy and commitment to catalyze economic growth on the 22nd Street South corridor, in keeping with the South St. Petersburg Community Redevelopment Plan.
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