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NewsSt. Pete RisingSeptember 4, 2026Pinellas

St. Petersburg City Council approves arts funding bonus for downtown developers

The St. Petersburg City Council unanimously approved a new zoning incentive on August 27th that allows developers to earn additional building space by contributing to local arts funding. This policy adds arts support as a qualifying public benefit under the city's existing floor area ratio (FAR) bonus program.

Read the full story at St. Pete Rising

Why It Matters

This policy creates a new mechanism for developers to fund local artists and galleries in exchange for increased building density, directly impacting the financial resources available to the downtown arts community.

Key Facts

  • The St. Petersburg City Council unanimously approved an arts funding development bonus on August 27th.
  • The policy allows developers to earn additional building space (FAR bonuses) by funding local artists and arts organizations.
  • This measure does not increase the maximum density allowed beyond existing zoning limits; it adds a new option to the existing FAR bonus menu.
  • FAR (floor area ratio) is a zoning measurement determining total building space relative to land area.
  • The policy is intended to help artists and galleries remain in downtown St. Petersburg as the area grows.
  • The City already uses FAR bonuses to incentivize other public benefits in downtown zoning districts.

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