After working with an architectural firm to study remodeling options, the St. Petersburg Yacht Club has announced plans to tear down and rebuild the downtown facility. Between findings from the architect and focus group sessions with members the club has determined that renovating the facility is not feasible.

To help pay for the facility, the club’s capital contribution member charge will rise in the beginning of the 2024-25 fiscal year from $50 to $125 per month. The club plans on raising 50% of the estimated replacement cost prior to beginning construction and will finance the rest of the balance.

The yacht club was built in 1921, and members wanted improvements such as elevator and roof replacements, electric repairs, and a pool and tiki deck replacement. Even if improvements were made the club would not be compliant with FEMA standards (See more on the FEMA 50% rule here), making the desired improvements cost-prohibitive with a remodel.

The Yacht Club is an invite-only membership. 2 clubhouses, a fleet of sailboats, full-service catering, and upscale-casual dining is offered to all members. There are multiple locations included in a membership such as the Pass-a-Grille clubhouse and Snell Island Marina. The downtown St. Petersburg Location is located at 11 Central Avenue, St. Petersburg.