St. Petersburg Industries: Target Sectors, Gateway Employers, Manufacturing and Metro Jobs

Which industries the City of St. Petersburg targets, where the big employers sit, what the city makes and how many jobs each sector holds in the metro.


Short answer: St. Petersburg targets five industries through its Grow Smarter Initiative: Marine and Life Sciences, Specialized Manufacturing, Financial Services, Data Analytics, and Creative Arts and Design. The city says financial services is its largest employment sector, that Raymond James is headquartered in St. Petersburg, and that the Gateway area holds more than 2,700 businesses and 60,000 employees. In August 2026 the BLS counted 74,400 manufacturing jobs across the Tampa-St. Petersburg-Clearwater metro, a preliminary figure.

Last verified: October 15, 2026, against the sources listed at the end of this page.

Which industries is St. Petersburg trying to grow?

Through its Grow Smarter Initiative, the City of St. Petersburg targets five sectors: Marine and Life Sciences, Specialized Manufacturing, Financial Services, Data Analytics, and Creative Arts and Design (City of St. Petersburg, Economic Development districts and target industries).

The city says it picked these five St. Petersburg sectors as the ones with the greatest potential to create new jobs and raise incomes, and that it focuses its economic development resources on businesses in them (Grow Smarter). Pinellas County keeps a separate list. Pinellas County Economic Development targets Advanced Manufacturing, Aviation and Aerospace, Business and Financial Services, Defense and Homeland Security, Information Technology, and Life Sciences and Medical Technologies (Pinellas County Economic Development).

St. Petersburg target sectors and what the city says about each, checked October 15, 2026
SectorWhat the City of St. Petersburg saysNames it gives
Financial ServicesLargest employment sector in the city; most concentrated in FloridaRaymond James
Marine and Life SciencesLargest marine and environmental sciences community in the SoutheastJohns Hopkins All Children's Hospital, USF St. Petersburg, NOAA, USGS
Specialized ManufacturingTwo niches: electronics and medical devicesNone in the sector text; Jabil is named as a Gateway employer
Data AnalyticsQuickly emerging sector built on big dataValpak, HSN (as prominent firms)
Creative Arts and DesignTourism driver that positions the city as the cultural capital of FloridaNo firms named; galleries, museums, performing arts companies

Where are the big St. Petersburg employers, and how large is financial services?

The City of St. Petersburg says financial services is the largest employment sector in the city, and it places top regional employers Raymond James Financial, Home Shopping Network and Jabil in the Gateway area of north St. Petersburg (City of St. Petersburg, About the Districts).

The city describes St. Petersburg as having the most concentrated financial services sector in Florida and says Raymond James is headquartered there (About the Districts). By the city count, the Gateway area at the crossroads of Tampa Bay supports more than 2,700 businesses and 60,000 employees, with a workforce of over 712,000 people within a 30 minute drive. Gateway employers meet with city staff every quarter through the Gateway Business Council, which takes inquiries at [email protected].

For a metro wide view, the BLS counts 142,400 financial activities jobs in the Tampa-St. Petersburg-Clearwater metro area in August 2026, a preliminary, not seasonally adjusted figure, about 0.4 percent fewer than a year earlier (BLS, Tampa-St. Petersburg-Clearwater Economy at a Glance). That metro count includes Tampa and Clearwater as well as St. Petersburg. The St. Petersburg top employers guide, in the economy section, lists the largest employers by name.

What does St. Petersburg manufacture, and who makes it?

St. Petersburg manufacturing concentrates in two niches, electronics and medical devices, according to the City of St. Petersburg, which names Jabil among the top Gateway employers (City of St. Petersburg, Specialized Manufacturing).

Jabil says it began in 1966 when James Golden and Bill Morean built circuit boards outside Detroit, and it now reports more than 140,000 employees, 120 plus sites in 30 plus countries and $36B in revenue in fiscal 2026 (Jabil, About Us). The St. Petersburg city page lists a Jabil project at 10001 16th Street N, where a 69,000 square foot building is being remodeled as a research and development lab for engineers working on wearable technology (Gateway projects).

At county level, Pinellas County Economic Development says Pinellas has the largest manufacturing employee base in the Tampa Bay region, at over 34,000, ranks fifth in Florida for manufacturing establishments, and has roots in aerospace, electronics and medical devices (Pinellas County Economic Development). Metro wide, the BLS counts 74,400 manufacturing jobs in the Tampa-St. Petersburg-Clearwater area in August 2026, a preliminary figure (BLS manufacturing series).

One flag for readers comparing sources: the undated St. Petersburg city page credits the city with a second statewide ranking for manufacturing employment, while the Pinellas County quick facts call the county the third largest manufacturing base of employment in Florida (Pinellas County quick facts). The two describe different areas, and the city page gives no date or source for its ranking, so neither number should be quoted without its source.

What is in the St. Petersburg Innovation District and Bayboro Harbor?

The St. Petersburg Innovation District, immediately south of Downtown, is a cluster of higher education, marine science, healthcare, business incubation and media institutions, with the marine and environmental science agencies grouped around Bayboro Harbor (City of St. Petersburg, Innovation District).

The city says the St. Petersburg Ocean Team, a consortium of marine science, oceanographic and environmental research agencies and institutions, anchors the Innovation District, and it lists Johns Hopkins All Children's Hospital, Bayfront Health, the University of South Florida St. Petersburg, NOAA and USGS among the major Marine and Life Sciences institutions (About the Districts).

Two St. Petersburg marine science institutions describe their own work. The USGS St. Petersburg Coastal and Marine Science Center says its research focuses on coastal and marine processes and on natural hazards, resource sustainability and environmental change, and it hosts seminars on the third Tuesday of each month (USGS St. Petersburg Coastal and Marine Science Center). The USF College of Marine Science lists its address as 140 7th Avenue South, St. Petersburg, phone 727-553-1634, and its site lists the Clam Bayou Marine Education Center (USF College of Marine Science).

Where do data analytics and the creative economy fit in St. Petersburg?

St. Petersburg names Valpak and HSN among prominent data analytics firms in the city and calls Creative Arts and Design a tourism driver that positions the city as the cultural capital of Florida (target industries).

The St. Petersburg creative economy has a physical address. The Warehouse Arts District, bounded by 1st Ave. N. and 10th Ave. S. between 16th St. and 31st St., was largely industrial, with warehouses and small manufacturing companies, and now gathers artists, entrepreneurs and manufacturers under the slogan Where Art is Made (Warehouse Arts District and Main Streets). The city also says St. Petersburg is the only Florida city with three Main Street areas: Deuces Live and Grand Central, both designated in 2001, and the EDGE District.

A caution on the data analytics claim: the undated city page says the market is projected to increase 40 percent annually, without a date or source for the projection (Data Analytics), so it reads as a sector pitch rather than a measured St. Petersburg figure.

How many jobs does each sector hold in the Tampa Bay metro?

In August 2026 the BLS counted 1,559,600 nonfarm jobs in the Tampa-St. Petersburg-Clearwater metro area, a preliminary, not seasonally adjusted figure, with professional and business services the largest supersector (BLS, Tampa-St. Petersburg-Clearwater Economy at a Glance).

Tampa-St. Petersburg-Clearwater jobs by supersector, August 2026 (preliminary, thousands, not seasonally adjusted)
SupersectorJobs (thousands)12 month change
Professional and business services288.8+2.1%
Trade, transportation and utilities277.4-0.3%
Education and health services264.4+3.8%
Leisure and hospitality167.3-0.3%
Government161.2+0.1%
Financial activities142.4-0.4%
Construction99.6+1.6%
Manufacturing74.4+1.4%
Other services55.3-1.1%
Information28.6-5.6%

The same BLS page puts the metro unemployment rate at 4.7 percent in August 2026, also preliminary (BLS Economy at a Glance). These are metro figures for the whole Tampa-St. Petersburg-Clearwater area, so they describe the labor market St. Petersburg employers hire from rather than the city alone. BLS marks every August 2026 St. Petersburg area figure in this section as preliminary.

What industrial and office projects is St. Petersburg tracking?

The City of St. Petersburg lists four major Gateway area projects: a Power Design headquarters expansion, a Jabil research lab, a FedEx distribution center and the proposed Echelon City Center in Carillon Park (City of St. Petersburg, Gateway projects).

Power Design, a national electrical contracting business, is expanding its 70,000 square foot headquarters with more than $3 million of investment, including a 34,326 square foot manufacturing and distribution center and a 19,600 square foot office, a St. Petersburg project the city expects to create 60 jobs. FedEx is building a 236,976 square foot distribution center at 1960 102nd Avenue N. Echelon City Center is proposed at 2.8 million square feet of office, apartments, retail and a boutique hotel, with a five to seven year buildout and $600 to $700 million in development costs (Gateway projects).

The Gateway project list on the St. Petersburg page carries no date, so the status of each project is best confirmed with the city economic development office before relying on it. For the current picture, the city economic development page links a 2026 State of the Economy presentation and points to the St. Pete Economic Development Corporation for data on demographics, living costs, taxes and workforce cost factors (City of St. Petersburg, Economic Development). Last verified: October 15, 2026, on the City of St. Petersburg website, the BLS website and the Pinellas County Economic Development website.

This industries section has no deeper guides of its own yet. The St. Petersburg top employers guide and the St. Petersburg downtown redevelopment guide, both in the economy section, go further on employers and on the Innovation District and downtown projects.

Frequently asked questions

What is the largest industry in St. Petersburg, Florida?

The City of St. Petersburg says financial services is the largest employment sector in the city and the most concentrated financial services sector in Florida. Raymond James is headquartered in St. Petersburg, in the Gateway area of north St. Pete.

What are the Grow Smarter target industries in St. Petersburg?

Through the Grow Smarter Initiative, St. Petersburg targets Marine and Life Sciences, Specialized Manufacturing, Financial Services, Data Analytics, and Creative Arts and Design, the five sectors the city says have the greatest potential to create jobs and raise incomes.

Who are the biggest employers in north St. Petersburg?

The city names Raymond James Financial, Home Shopping Network and Jabil as the top employers in the Gateway area, which it says supports more than 2,700 businesses and 60,000 employees at the crossroads of Tampa Bay.

How many manufacturing jobs are in the St. Petersburg area?

The BLS counted 74,400 manufacturing jobs in the Tampa-St. Petersburg-Clearwater metro in August 2026, a preliminary figure. Pinellas County Economic Development says the county alone has over 34,000 manufacturing employees, the largest base in the Tampa Bay region.

What is the Innovation District in St. Petersburg?

It is the area immediately south of Downtown St. Petersburg that groups higher education, marine science, healthcare, business incubation and media institutions, with its marine and environmental sciences institutions in the Bayboro Harbor area.

Sources

  1. City of St. Petersburg, About the Districts (Economic Development) https://www.stpete.org/business/economic_development/about_the_districts.php Used for: Grow Smarter target sectors, Gateway employers and figures, Gateway projects, Innovation District, Warehouse Arts District, Main Streets
  2. City of St. Petersburg, Economic Development https://www.stpete.org/business/economic_development/index.php Used for: 2026 State of the Economy presentation, St. Pete EDC data, workforce training links
  3. U.S. Bureau of Labor Statistics, Tampa-St. Petersburg-Clearwater Economy at a Glance https://www.bls.gov/eag/eag.fl_tampa_msa.htm Used for: metro jobs by supersector and unemployment rate, August 2026 preliminary
  4. U.S. Bureau of Labor Statistics, CES series SMU12453003000000001, Tampa-St. Petersburg-Clearwater manufacturing https://data.bls.gov/timeseries/SMU12453003000000001 Used for: monthly manufacturing jobs, August 2026 preliminary, month labels
  5. Pinellas County Economic Development https://www.pced.org/ Used for: county target industries, manufacturing employee base and rank, quick facts
  6. U.S. Geological Survey, St. Petersburg Coastal and Marine Science Center https://www.usgs.gov/centers/spcmsc Used for: federal coastal and marine research center focus, monthly seminars
  7. University of South Florida College of Marine Science https://www.usf.edu/marine-science/ Used for: address, phone, Clam Bayou Marine Education Center
  8. Jabil, About Us https://www.jabil.com/about-us.html Used for: company size, FY26 revenue, 1966 origin
Last updated: October 15, 2026

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