ST. PETERSBURG — A nonprofit organization that nurtures technology startups has gained initial city approval to build a business incubator south of downtown.
The Tampa Bay Innovation Center can now start raising money to build a 40,000-square-foot center to house medical and marine science entrepreneurs on the city-owned 2.5-acre site at Fourth Street and 11th Avenue S.
The $9 million project will deliver on the city’s promise to stimulate the tech sector, council member Darden Rice said.