The St. Petersburg City Council has approved the Pier Park design to replace the currently abandoned inverted pyramid. The plan to develop the downtown waterfront and invigorate about 4 miles of shoreline is expected to have a long-lasting effect on the community. The Pier Park project is expected to open in three years at a cost of $46 million. It is to include open park space, bike and walking paths, water activities, concessions, art shows and outdoor entertainment.. The long-term plan to provide increased access to the water, more pedestrian areas and public art will improve the quality of downtown St. Petersburg.
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