After 10 years the reccession the real estate market in St. Petersburg star to rise. Especially, commercial real estate in St. Petersburg is booming.

In recent years, the increase in business areas in the country has stimulated the real estate market.The entrepreneurs is buying commercial real estate.

St. Petersburg’s city development administrator Alan DeLisle says “The type of people knocking on the door today has changed drastically.”

He adds “The quality and the types of developers that are in town is drastically different. We have some of the best developers in the country knocking on our door.

We have one of the most attractive sites in the country with the Trop. That’s getting out there more and more. It just comes back to the place-making downtown. It’s not a secret anymore.”


Sevdenur Demir/