Euro Cycles, EMP Break Ground At St. Pete Commerce Park

ST. PETERSBURG, FL -- Commerce Park, a city of St. Petersburg job creation development project, took a step forward this week when Euro Cycles and EMP broke ground on their new offices.

Euro Cycles hosted a ceremony Sunday, Oct. 28 to commemorate the milestone, with Mayor Rick Kriseman and city officials in attendance.

EMP broke ground Tuesday, Oct. 30.

Foundation permits were issued for both entities Friday, Oct. 26 by the city. This marks significant progress in the Deuces and Warehouse Arts District master plan, which is a key component of the city's 30-year South St. Pete Community Redevelopment Area (CRA) plan.

"I am pleased to see work begin on Commerce Park, and to once again welcome Euro Cycles and EMP. Our growing 22nd Street corridor is one of the most exciting areas in our city. I want to thank everyone involved in executing the Deuces and Warehouse Arts District master plans, and I look forward to cutting these ribbons soon," said Kriseman.

The Commerce Park development is an example of community benefit agreements and workforce development realized, he said. Two key provisions of the development deal include Small Business Enterprise requirements for construction and incentives for CRA resident job creation.

This development will create at least 65 jobs with a minimum of 17 going to CRA residents.

Image via St. Pete

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