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Clearwater Bluffs Project Could Have $800 Million Economic Impact

The proposed downtown Clearwater Bluffs project could have an economic impact of $800 million. This figure was based on a study by Gensler.

The Clearwater Bluffs project that will appear on as a referendum question for Clearwater voters on the November 8 ballot, which would allow for the sale of downtown property and pave the way for a new 158-room hotel, 500-600 apartments, dining options, retail stores and new event and green spaces.

Among Gensler’s findings:

  • The Bluffs is projected to create 5,910 jobs and $638.9M in output during the construction period and 1,210 jobs and an annual output of $151.3M thereafter in Pinellas County.
  • The Bluffs is projected to generate sufficient public revenue through direct state and local taxes alone to repay the anticipated City incentives offering in ±3 years.
  • The Bluffs offers catalytic potential to spur additional development activity in downtown Clearwater while improving the public realm and quality of life, including population growth, increased foot traffic, creating a destination and public realm improvements.

 

 

 

 

Clearwater Referendum Question

On Nov. 8, Clearwater voters will be asked about the development of two city-owned properties. The ballot language is as follows:

Redevelopment of two government-owned properties located west of Osceola Avenue in the downtown core

Shall the Clearwater City Charter be amended to allow the City, instead of selling the vacant City Hall and a portion of the former Harborview sites to the highest bidder at a public auction, to sell the properties to Gotham Property Acquisitions and The DeNunzio Group; who will create approximately 600 apartments and 158-key hotel, retail, entertainment, restaurants and cultural uses available to all Clearwater residents, as further described and limited by City Ordinance 9597-22?

Yes
No

 

Clearwater Pregunta de Referéndum

Reurbanización de dos propiedades del gobierno ubicadas al oeste de Osceola Avenue en el centro de la ciudad

¿Se deben modificar los Estatutos de la Ciudad de Clearwater para permitir que la Ciudad, en lugar de vender el Ayuntamiento desocupado y una parte de las antiguas instalaciones de Harborview al mejor licitador en una subasta pública, venda las propiedades a Gotham Property Acquisitions y a The DeNunzio Group, los cuales crearán aproximadamente 600 departamentos y un hotel de 158 llaves, y usos de minoristas, entretenimiento, restaurantes y culturales a disposición de los residentes de Clearwater, tal y como se describe y limita en la Ordenanza 9597-22 de la Ciudad?


No

 

To learn more about the Clearwater Nov. 8 Referendum, visit 

 

Voter information can be found at VotePinellas.com. On Election Day, November 8, 2022, polls open at 7 a.m. and close at 7 p.m.

Register to Vote

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Information provided by the City of Clearwater

Photos courtesy of Behar Peteranecz Architecture

 

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Kelly Kelly
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