A Year of Rising: Here’s What’s Planned for Downtown St. Pete in 2021
/After 2020 seemed like a never-ending year, we are optimistic about what 2021 will bring for St. Pete. There is no doubt that COVID-19 had, and will continue to have, an impact on commercial real estate all over the United States -- and St. Pete is no exception. Last year several developments in downtown St. Pete were paused, put on hold, or cancelled entirely due to the impact of the COVID-19. However, despite the pandemic, there has continued to be developer interest in the area and we expect downtown St. Pete to fare well in 2021.
This year, after much delay, the Museum of the American Arts of Crafts Movement (MAACM) should open the public. The 5-story $90 million museum was slated to open in 2020, but COVID-19 caused delays in the production construction materials needed for completion. Once open, the MAACM will be the only in the world dedicated to the historic American Arts and Crafts Movement. The museum will feature a multi-story atrium, a circular staircase, 40,000 square feet of gallery space, and a 9,000-square-foot destination restaurant.
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More than six years after the Wagon Wheel Flea Market closed its doors, plans are taking shape to redevelop the sprawling property that was once home to one of Pinellas County's most popular weekend shopping destinations.
Pinellas Park-based Belleair Development Group is under contract to purchase approximately 156 acres at 7801 Park Boulevard North, where the Wagon Wheel and Mustang flea markets operated for more than five decades before closing in 2020.
Christian Yepes, owner of Belleair Development Group alongside his father, Carlos Yepes, confirmed the company is exploring options for a mixed-use development that could bring residential and commercial uses to the largely vacant property.
“We are extremely grateful for the opportunity to develop such a landmark in Pinellas County. We are currently in the midst of due diligence and are exploring mixed-use development options at the site,” Yepes said in a conversation with St. Pete Rising.
The property is currently owned by the family of Hardy Huntley, who founded the Wagon Wheel Flea Market with his wife, Janet, in the 1960s.