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New St. Pete Pier operating budget at $3.2M, Colliers tapped to manage

in The Bay and the 'Burg/Top Headlines by

St. Petersburg City Council members received a glimpse at expected ongoing costs for the soon-to-be-reopened St. Pete Pier, which will have a $3.2 million annual budget. During Thursday’s council meeting, the board also selected Canadian-based commercial real estate firm Colliers International to manage the pier. Janelle Irwin of the Tampa Bay Business Journal offers a breakdown: $3.2 million annual operating costs, $600,000 for pre-opening operations and a $50,000 grand opening event. A staff presentation to council members to hire Colliers…

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