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Blake Investment Partners

Full company profile

uuid0009y44

Namestring
Blake Investment Partners
Legal namestring
Blake Investment Partners
Company typeenum
Private
Founded yearint
2003
Descriptiontext

Blake Investment Partners is a private real estate investment and development firm headquartered in St. Petersburg, Florida, founded in 2003 with 11-50 employees. The company specializes in assembling capital, land, and development consortia to pursue large-scale urban redevelopment projects, primarily for government and institutional clients. Its current focus is the proposed $8.1 billion redevelopment of the 86-acre Historic Gas Plant District surrounding Tropicana Field in St. Petersburg, where it has bid $260 million for 58 acres and proposed delivering 3,600+ affordable and workforce housing units, a 13-acre central park, a Museum Row cultural district, and transit infrastructure.

The firm operates through a consortium-led business model rather than a technology platform or direct construction workforce. It has assembled a development team comprising Related Group, Skanska, Gilbane, Blue Sky Communities, Greystar, Stadler Development, KAST Construction, Wade Trim, and MODO, and has secured a letter of intent from the St. Petersburg Housing Authority backing its bid. Revenue mechanics are expected to derive from real estate development fees, property acquisition and disposition, and a proposed community ownership platform that may generate long-term managed-services returns. Pricing is not publicly disclosed and is negotiated through formal municipal RFP processes.

There is no technology, AI, or software product component to the business; the competitive position rests on government relationships, consortium capital, community engagement infrastructure (advisory committee and ownership platform), and narrative positioning around the site's cultural history as a displaced African American community. The firm is privately held with no disclosed investors, parent company, or funding rounds.

Short descriptiontext

Blake Investment Partners is a private St. Petersburg, Florida-based real estate investment and development firm that assembles capital and development consortia to pursue large-scale municipal redevelopment projects, primarily for government clients.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersSt. Petersburg, United States
HQ citystring
St. Petersburg
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
real estate development, urban redevelopment, affordable housing development, real estate investment, mixed-use development
Industry1 code
1FSAAALAG
CodeFSAAALAGPrimaryYes
NAICS code1 code
  • 52399
SIC code1 code
  • 6532
Product category
Real Estate Development and Investment
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model3 records
1Real Estate Development Fees
TypeProfessional Services
Description

Revenue generated through large-scale real estate development projects, with the company serving as lead developer or partner in development consortia for major urban redevelopment initiatives.

stpetecatalyst.com
2Property Acquisition and Sale
TypeOne Time License
Description

The company proposes to purchase land (offering $275 million for 58 acres) with the intent to develop and potentially sell or retain ownership of redeveloped properties.

stpetecatalyst.com
3Community Ownership Platform
TypeManaged Services
Description

Revenue model includes establishing a community ownership platform, suggesting potential long-term property management or ownership stakes that could generate ongoing returns.

stpetecatalyst.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Marketing or Sales, Supply Chain, Others
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Blake Investment Partners is a real estate investment and development firm that assembles development consortia to compete for and execute large-scale urban redevelopment projects, primarily through formal government RFP processes. The firm's flagship offering is its proposal for the 86-acre Historic Gas Plant District redevelopment surrounding Tropicana Field in St. Petersburg, Florida, valued at $8.1 billion, encompassing affordable and workforce housing, a central park, cultural districts, and transit infrastructure.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 3,600+ affordable and workforce housing units to be delivered - the largest affordable housing delivery in city history
+2 more records
Product overview1 text field

Blake Investment Partners is a real estate investment and development firm focused on large-scale urban redevelopment projects. The company does not offer technology products or services—it specializes in assembling development teams and capital for major construction and community development initiatives. The company's primary offerings are investment proposals and development concepts for the Historic Gas Plant District surrounding Tropicana Field in St. Petersburg, Florida.

Product and service2 records
1Historic Gas Plant District Redevelopment Project
CategoryReal Estate Development
Description

A large-scale urban redevelopment project proposed for the 86-acre Historic Gas Plant District surrounding Tropicana Field in St. Petersburg, Florida. The $8.1 billion development includes 3,600+ affordable and workforce housing units (the largest in city history), a 13-acre central park, Museum Row cultural district, and light rail hub infrastructure. Offered to the City of St. Petersburg and the St. Petersburg Housing Authority as a turnkey development led by Blake Investment Partners with a consortium of development partners.

2Community Ownership Platform
CategoryReal Estate Development
Description

A proposed long-term community ownership and advisory platform associated with Blake Investment Partners' redevelopment projects, intended to provide residents with ownership opportunities and ongoing accountability through an advisory committee. Targeted at community residents and affordable housing seekers in St. Petersburg.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-02-03
Description

Part of the development team for the $8.1 billion proposal to redevelop 86 acres surrounding Tropicana Field. Related Group brings real estate development expertise to the flagship project.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-02-03
Description

Part of the development team for the Tropicana Field redevelopment project. Skanska provides construction and development capabilities as part of the $8.1 billion proposal.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-02-03
Description

Part of the development team for the Tropicana Field redevelopment project. Gilbane (Gilbane Building Company) provides construction expertise as part of the consortium.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-02-03
Description

Part of the development team for the $8.1 billion proposal. Blue Sky Communities brings affordable housing development expertise to the project.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2026-02-03
Description

Part of the development team for the Tropicana Field redevelopment project. Greystar provides multifamily development and property management expertise.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-01-30
Description

Issued a letter of intent backing Blake Investment Partners' $260 million bid for the 86-acre Historic Gas Plant District redevelopment, citing the proposal's emphasis on affordable and workforce housing.

Strategic tierSupportingTypeStrategic or Co-development PartnerAnnounced on2026-01-30
Description

Part of the development team assembled by Blake Investment Partners to support the bid for the Historic Gas Plant District redevelopment.

Strategic tierSupportingTypeStrategic or Co-development PartnerAnnounced on2026-01-30
Description

Part of the development team assembled by Blake Investment Partners to support the bid for the Historic Gas Plant District redevelopment.

Strategic tierSupportingTypeStrategic or Co-development PartnerAnnounced on2026-01-30
Description

Part of the development team assembled by Blake Investment Partners to support the bid for the Historic Gas Plant District redevelopment.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-01-22
Description

St. Petersburg-based real estate firm added as strategic partner in the Historic Gas Plant District bid. Stadler serves as the project's 'Office Czar' to bring the first new Class A office space to St. Petersburg in nearly 30 years.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

One of the largest U.S. real estate developers and Blake's flagship consortium partner on the Historic Gas Plant District bid. Directly comparable for large mixed-use urban redevelopment projects with affordable housing components at the same capital scale.

TypeDirect peer
Description

The U.S. real estate development arm of Skanska; a Blake consortium partner and direct peer in mixed-use urban development with sustainability orientation.

TypeDirect peer
Description

Large, family-owned construction and development firm with substantial mixed-use and public-sector experience. A Blake consortium partner and direct comparable in delivering complex civic and urban projects.

TypeDirect peer
Description

One of the largest diversified U.S. real estate developers with deep multifamily and mixed-use experience. Comparable to Blake in scale of residential/mixed-use product and geographic reach across major U.S. metros.

TypeDirect peer
Description

Largest U.S. multifamily housing developer and operator. A Blake consortium partner and direct peer on residential/mixed-use components within the Historic Gas Plant redevelopment.

TypeDirect peer
Description

Global real estate owner, developer, and operator of large mixed-use and office-led urban districts. Comparable to Blake in project scale, mixed-use thesis, and pursuit of transformational civic redevelopment opportunities.

TypeDirect peer
Description

Major U.S. commercial real estate developer delivering large, complex urban projects often through joint ventures. Comparable to Blake in orchestrating capital partners for large, multi-year developments.

TypeDirect peer
Description

National developer specializing in urban revitalization and affordable housing in distressed communities. Closely comparable to Blake in combining government-backed redevelopment with a strong social impact and community-ownership orientation.

TypeDirect peer
Description

International real estate and infrastructure group with deep urban regeneration expertise. Comparable to Blake in pursuing district-scale, mixed-use redevelopment involving public-sector partners and transit infrastructure.

TypeDirect peer
Description

Developer of large master-planned communities and mixed-use districts (e.g., The Woodlands, Summerlin). Directly comparable to Blake's district-scale redevelopment model anchored by long-term ownership.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Blake Investment Partners

Real Estate Development and Investmentblakeinvestmentpartners.com

Blake Investment Partners is a private St. Petersburg, Florida-based real estate investment and development firm that assembles capital and development consortia to pursue large-scale municipal redevelopment projects, primarily for government clients.

What Blake Investment Partners does

Blake Investment Partners is a private real estate investment and development firm headquartered in St. Petersburg, Florida, founded in 2003 with 11-50 employees. The company specializes in assembling capital, land, and development consortia to pursue large-scale urban redevelopment projects, primarily for government and institutional clients. Its current focus is the proposed $8.1 billion redevelopment of the 86-acre Historic Gas Plant District surrounding Tropicana Field in St. Petersburg, where it has bid $260 million for 58 acres and proposed delivering 3,600+ affordable and workforce housing units, a 13-acre central park, a Museum Row cultural district, and transit infrastructure.

The firm operates through a consortium-led business model rather than a technology platform or direct construction workforce. It has assembled a development team comprising Related Group, Skanska, Gilbane, Blue Sky Communities, Greystar, Stadler Development, KAST Construction, Wade Trim, and MODO, and has secured a letter of intent from the St. Petersburg Housing Authority backing its bid. Revenue mechanics are expected to derive from real estate development fees, property acquisition and disposition, and a proposed community ownership platform that may generate long-term managed-services returns. Pricing is not publicly disclosed and is negotiated through formal municipal RFP processes.

There is no technology, AI, or software product component to the business; the competitive position rests on government relationships, consortium capital, community engagement infrastructure (advisory committee and ownership platform), and narrative positioning around the site's cultural history as a displaced African American community. The firm is privately held with no disclosed investors, parent company, or funding rounds.

Blake Investment Partners firmographics

Firmographics
Name
Blake Investment Partners
Legal name
Blake Investment Partners
Website
https://blakeinvestmentpartners.com
Company type
Private
Founded year
2003
Operating status
Operating
Headcount range
11–50 employees
Short description
Blake Investment Partners is a private St. Petersburg, Florida-based real estate investment and development firm that assembles capital and development consortia to pursue large-scale municipal redevelopment projects, primarily for government clients.
Ownership category
akta.pro rank

Where Blake Investment Partners is headquartered

Location

Headquarters

HQ city
St. Petersburg
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Blake Investment Partners business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Supply Chain, Others

Revenue model

  1. Real Estate Development Fees: Revenue generated through large-scale real estate development projects, with the company serving as lead developer or partner in development consortia for major urban redevelopment initiatives.
  2. Property Acquisition and Sale: The company proposes to purchase land (offering $275 million for 58 acres) with the intent to develop and potentially sell or retain ownership of redeveloped properties.
  3. Community Ownership Platform: Revenue model includes establishing a community ownership platform, suggesting potential long-term property management or ownership stakes that could generate ongoing returns.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels2 records

Blake Investment Partners product offering

Product offering

Core offering

Blake Investment Partners is a real estate investment and development firm that assembles development consortia to compete for and execute large-scale urban redevelopment projects, primarily through formal government RFP processes. The firm's flagship offering is its proposal for the 86-acre Historic Gas Plant District redevelopment surrounding Tropicana Field in St. Petersburg, Florida, valued at $8.1 billion, encompassing affordable and workforce housing, a central park, cultural districts, and transit infrastructure.

Product overview

Blake Investment Partners is a real estate investment and development firm focused on large-scale urban redevelopment projects. The company does not offer technology products or services—it specializes in assembling development teams and capital for major construction and community development initiatives. The company's primary offerings are investment proposals and development concepts for the Historic Gas Plant District surrounding Tropicana Field in St. Petersburg, Florida.

Differentiator

Problem solved

Functional benefit

Products and services

  • Historic Gas Plant District Redevelopment Project A large-scale urban redevelopment project proposed for the 86-acre Historic Gas Plant District surrounding Tropicana Field in St. Petersburg, Florida. The $8.1 billion development includes 3,600+ affordable and workforce housing units (the largest in city history), a 13-acre central park, Museum Row cultural district, and light rail hub infrastructure. Offered to the City of St. Petersburg and the St. Petersburg Housing Authority as a turnkey development led by Blake Investment Partners with a consortium of development partners.
  • Community Ownership Platform A proposed long-term community ownership and advisory platform associated with Blake Investment Partners' redevelopment projects, intended to provide residents with ownership opportunities and ongoing accountability through an advisory committee. Targeted at community residents and affordable housing seekers in St. Petersburg.

Quantifiable outcome

  • 3,600+ affordable and workforce housing units to be delivered - the largest affordable housing delivery in city history
  • +2 more outcomes

Companies that use Blake Investment Partners

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Blake Investment Partners technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Blake Investment Partners partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered flagship, core and supporting.

  • Related GroupflagshipStrategic or Co-development Partner · 3 February 2026Part of the development team for the $8.1 billion proposal to redevelop 86 acres surrounding Tropicana Field. Related Group brings real estate development expertise to the flagship project.
  • SkanskaflagshipStrategic or Co-development Partner · 3 February 2026Part of the development team for the Tropicana Field redevelopment project. Skanska provides construction and development capabilities as part of the $8.1 billion proposal.
  • GilbaneflagshipStrategic or Co-development Partner · 3 February 2026Part of the development team for the Tropicana Field redevelopment project. Gilbane (Gilbane Building Company) provides construction expertise as part of the consortium.
  • Blue Sky CommunitiesflagshipStrategic or Co-development Partner · 3 February 2026Part of the development team for the $8.1 billion proposal. Blue Sky Communities brings affordable housing development expertise to the project.
  • GreystarflagshipStrategic or Co-development Partner · 3 February 2026Part of the development team for the Tropicana Field redevelopment project. Greystar provides multifamily development and property management expertise.
  • St. Petersburg Housing AuthoritycoreStrategic or Co-development Partner · 30 January 2026Issued a letter of intent backing Blake Investment Partners' $260 million bid for the 86-acre Historic Gas Plant District redevelopment, citing the proposal's emphasis on affordable and workforce housing.
  • KAST ConstructionsupportingStrategic or Co-development Partner · 30 January 2026Part of the development team assembled by Blake Investment Partners to support the bid for the Historic Gas Plant District redevelopment.
  • Wade TrimsupportingStrategic or Co-development Partner · 30 January 2026Part of the development team assembled by Blake Investment Partners to support the bid for the Historic Gas Plant District redevelopment.
  • MODOsupportingStrategic or Co-development Partner · 30 January 2026Part of the development team assembled by Blake Investment Partners to support the bid for the Historic Gas Plant District redevelopment.
  • Stadler DevelopmentcoreStrategic or Co-development Partner · 22 January 2026St. Petersburg-based real estate firm added as strategic partner in the Historic Gas Plant District bid. Stadler serves as the project's 'Office Czar' to bring the first new Class A office space to St. Petersburg in nearly 30 years.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Blake Investment Partners competitors and assessment

Company assessment

Direct peers

  • The Related Companies: One of the largest U.S. real estate developers and Blake's flagship consortium partner on the Historic Gas Plant District bid. Directly comparable for large mixed-use urban redevelopment projects with affordable housing components at the same capital scale.
  • Skanska USA Commercial Development: The U.S. real estate development arm of Skanska; a Blake consortium partner and direct peer in mixed-use urban development with sustainability orientation.
  • Gilbane Building Company: Large, family-owned construction and development firm with substantial mixed-use and public-sector experience. A Blake consortium partner and direct comparable in delivering complex civic and urban projects.
  • Lincoln Property Company: One of the largest diversified U.S. real estate developers with deep multifamily and mixed-use experience. Comparable to Blake in scale of residential/mixed-use product and geographic reach across major U.S. metros.
  • Greystar: Largest U.S. multifamily housing developer and operator. A Blake consortium partner and direct peer on residential/mixed-use components within the Historic Gas Plant redevelopment.
  • Tishman Speyer: Global real estate owner, developer, and operator of large mixed-use and office-led urban districts. Comparable to Blake in project scale, mixed-use thesis, and pursuit of transformational civic redevelopment opportunities.
  • Trammell Crow Company: Major U.S. commercial real estate developer delivering large, complex urban projects often through joint ventures. Comparable to Blake in orchestrating capital partners for large, multi-year developments.
  • McCormack Baron Salazar: National developer specializing in urban revitalization and affordable housing in distressed communities. Closely comparable to Blake in combining government-backed redevelopment with a strong social impact and community-ownership orientation.
  • Lendlease: International real estate and infrastructure group with deep urban regeneration expertise. Comparable to Blake in pursuing district-scale, mixed-use redevelopment involving public-sector partners and transit infrastructure.
  • Howard Hughes Corporation: Developer of large master-planned communities and mixed-use districts (e.g., The Woodlands, Summerlin). Directly comparable to Blake's district-scale redevelopment model anchored by long-term ownership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Blake Investment Partners social profiles

Digital presence

Blake Investment Partners financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Blake Investment Partners leadership team

Management profile

Number of profiles

Blake Investment Partners funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Blake Investment Partners M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blake Investment Partners

What does Blake Investment Partners do?

Blake Investment Partners is a real estate investment and development firm that assembles development consortia to compete for and execute large-scale urban redevelopment projects, primarily through formal government RFP processes. The firm's flagship offering is its proposal for the 86-acre Historic Gas Plant District redevelopment surrounding Tropicana Field in St. Petersburg, Florida, valued at $8.1 billion, encompassing affordable and workforce housing, a central park, cultural districts, and transit infrastructure.

Is Blake Investment Partners a public or private company?

Blake Investment Partners is a private company. It is classified as unknown and is currently operating.

When was Blake Investment Partners founded?

Blake Investment Partners was founded in 2003. It employs 11 to 50 people.

Where is Blake Investment Partners based?

Blake Investment Partners is headquartered in St. Petersburg, United States, in the North America region.

How does Blake Investment Partners make money?

Three revenue lines are on record. Real Estate Development Fees are the primary driver. The others are property Acquisition and Sale and community Ownership Platform.

Who are Blake Investment Partners's main competitors?

Direct peers on record are The Related Companies, Skanska USA Commercial Development, Gilbane Building Company, Lincoln Property Company, Greystar, Tishman Speyer, Trammell Crow Company, McCormack Baron Salazar, Lendlease and Howard Hughes Corporation.

Does Blake Investment Partners have an API?

No public API is recorded for Blake Investment Partners.

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Live signals
StpetecatalystEmbarc Collective to expand presence in St. PetersburgEmbarc Collective and Blake Investment Partners announced a partnership to expand Embarc's presence in St. Petersburg, with Blake committing five years of office space. The organization, which has worked with over 300 founders across 145 startups, will provide a physical location and run curricular programming. A specific site has not been determined, but space should be between 3,000 and 5,000 square feet.American City Business JournalsBlake Investment Partners brings Embarc to St. PeteBlake Investment Partners is bringing Embarc Collective to St. Petersburg, committing five years of office space to the Tampa startup hub. The space, expected to be 3,000-5,000 square feet, will serve 15-20 companies and is the first of several expansions. Embarc is also exploring physical expansions into South Florida, Orlando, and Jacksonville.Florida YIMBYFive-Story, 60-Unit Project Slated for 3200 First Avenue South, St. Petersburg, FloridaBlake Investment Partners and Vessel Technologies are developing a 60-unit pre-fabricated multi-family project at 3200 First Avenue South in St. Petersburg, Florida. The five-story building will use pre-built components and high-pressure laminate walls, with construction expected to take six months. It is part of the larger Whitney Village development, which includes a 325-unit project topping out.American City Business JournalsKen Welch defends St. Pete development deals in first termSt. Petersburg Mayor Ken Welch defended his first-term development decisions, most notably selecting The Burg Bid, led by Blake Investment Partners, as the third development team to redevelop the 86-acre Historic Gas Plant district (formerly Tropicana Field), offering $275 million for the land and 3,600 units of affordable housing. Welch also discussed his rejection of the Moffitt Cancer Center expansion deal, citing demands from their partner for a $19 million land discount, while noting the Rays baseball team's preference for Hillsborough County and a potential lease extension of one to two years if needed.NewsfileJohnson Pope Attorneys Ryan Griffin and Craig Taraszki Advise Winning Development Team Selected to Redevelop St. Petersburg's Historic Gas Plant DistrictJohnson Pope attorneys Ryan Griffin and Craig Taraszki advised The Burg Bid development team, which the City of St. Petersburg selected to lead the redevelopment of the Historic Gas Plant District surrounding Tropicana Field. The winning consortium, led by Blake Investment Partners alongside Related Group and Elliott Investment Management, proposes more than $8 billion in total investment including over 3,600 units of affordable and workforce housing, a 13-acre central park, and facilities for the Woodson African American Museum of Florida. The final development agreement will require negotiation with the City and approval by the St. Petersburg City Council.The Real DealBlake Investment wins bid for $8B Tropicana Field redevelopmentBlake Investment Partners, a team including Related Group and Elliott Investment Management, won a bid selected by St. Petersburg Mayor Ken Welch to redevelop the 86-acre Historic Gas Plant District, home to Tropicana Field. The winning proposal includes 3,600 income-restricted housing units, parks, museums, and a new home for the Woodson African American Museum of Florida, with an estimated $8 billion investment over a two-decade development timeline. The project must receive city council approval when the board reviews binding contracts next summer.Business Wire BlogBlake Investment Partners and Related Group’s Historic Gas Plant Bid Selected by City of St. PetersburgThe City of St. Petersburg has selected Blake Investment Partners and Related Group to redevelop the 86-acre Historic Gas Plant District, representing the largest development opportunity in the city's history. The proposal includes over 3,600 projected units of affordable and workforce housing, a 15-acre central park anchored by Museum Row, and honors the site's history as a former African American community. The development team comprises multiple national and local partners including Skanska, Greystar, Gilbane, and Blue Sky Communities.FinancialContent Business PageBlake Investment Partners and Related Group’s Historic Gas Plant Bid Selected by City of St. PetersburgThe City of St. Petersburg has selected Blake Investment Partners and Related Group, along with their assembled team of development partners, to redevelop the Historic Gas Plant District, an 86-acre downtown site representing the largest development opportunity in the city's history. The project includes a commitment to deliver over 3,600 units of affordable and workforce housing, along with a 15-acre central park anchored by Museum Row featuring the Woodson African American Museum. The development team comprises numerous national and local partners including Skanska, Greystar, Gilbane, Blue Sky Communities, Open Realty, and Stadler Development.StpetecatalystDetails emerge from anticipated Trop site proposalBlake Investment Partners submitted an $8.1 billion proposal to redevelop 86 acres surrounding Tropicana Field in St. Petersburg, Florida, featuring a 13-acre central park, Museum Row cultural district, a light rail hub, and over 3,600 affordable and workforce housing units. The development team, which includes Related Group, Skanska, Gilbane, Blue Sky Communities, and Greystar, values the site at $405 million and is offering to purchase 58 acres for $275 million, pledging the largest affordable housing delivery in city history. BIP has established a community ownership platform and advisory committee to provide ongoing accountability while honoring the site's history as a displaced African American community.Florida PoliticsSt. Petersburg Housing Authority backs Blake Investment Partners’ Historic Gas Plant District bidThe St. Petersburg Housing Authority issued a letter of intent backing Blake Investment Partners' $260 million bid for the 86-acre Historic Gas Plant District redevelopment surrounding Tropicana Field, citing the proposal's emphasis on affordable and workforce housing. Blake Investment Partners has been assembling a development team including Stadler Development, Gilbane Building Company, Skanska, KAST Construction, Wade Trim, MODO, and Blue Sky Communities to support the bid. City officials are set to review all proposals submitted in response to a formal request for proposals that closes on Feb. 3.