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State of the Economy

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State of the Economy. St. Petersburg is at the cusp of a transformative journey, with Mayor Kenneth T. Welch leading the charge towards innovation, inclusivity, and smart growth. On March 27, 2024, Mayor Welch, alongside St. Petersburg’s Economic Development team, will host the highly anticipated 2024 State of the Economy. This pivotal event, scheduled from 3 p.m. to 5:30 p.m. at the ARK Innovation Center, located at 1101 4th St. S., promises to be a landmark occasion for the city and its economic future.

Mayor Welch will be joined by an esteemed lineup of guest speakers, including Cathie Wood, the visionary CEO of Ark Invest, and Matt Silverman, the dynamic Co-President of the Tampa Bay Rays. Their participation underscores the event’s significance and the caliber of discussions anticipated, focusing on aligning workforce readiness with city development. This alignment is crucial for realizing the vision of smart growth — a growth that is both sustainable and inclusive, ensuring that St. Petersburg not only advances as a city of innovation but also as a community where progress is shared by all.

About the State of the Economy 2024

“Smart growth is possible when workforce readiness and city development are in alignment,” Mayor Welch remarked, highlighting the core theme of the upcoming event. The city is eager to showcase data points and strategic initiatives that will propel St. Petersburg forward, cementing its reputation as a beacon of innovation and inclusive progress.

The event venue, ARK Innovation Center, is emblematic of the city’s commitment to cutting-edge development and the fostering of innovative ideas. However, with seating limited, those interested in being part of this seminal event are encouraged to register promptly. Registration is essential for all attendees and can be completed at stpete.org/SOTE2024. For those unable to join in person, the City of St. Petersburg ensures inclusivity by broadcasting the event on its Facebook Page, enabling residents and interested parties worldwide to partake in the discussions shaping their city’s future.

Parking for the State of the Economy will be available at the ARK Innovation Center, with additional spaces in Lots 11 and 11B at USF St. Petersburg, ensuring attendees have convenient access to the event.

The 2024 State of the Economy is more than an event; it is a statement of intent from St. Petersburg’s leadership, emphasizing the importance of innovation, smart growth, and inclusivity. As Mayor Welch and his team present their vision and data points, the city stands on the brink of a new era. This initiative not only highlights the significance of public involvement in economic planning but also showcases the city’s commitment to transparency, community engagement, and the pursuit of sustainable growth.

As St. Petersburg continues to position itself as a hub of innovation and progress, the 2024 State of the Economy is a critical milestone, reflecting the city’s aspirations and the collective journey towards a future where growth and inclusivity go hand in hand.

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