Rick Kriseman says stopping St. Pete Pier plan would cost millions

in The Bay and the 'Burg by

Some St. Petersburg residents are grumbling about whether there’s a need for a new pier, given the rising costs of a plan.

But St. Petersburg Mayor Rick Kriseman says it would cost the city $35 million not to build the replacement for the city’s landmark pier, which closed in 2013.

City officials tell the Tampa Bay Times that’s because the city issued two series of bonds.

One is worth $40 million for the pier, and the other is $20 million for a beach approach.

They say the bond money must be used for the plans for which they were intended.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.