Construction begins on Reflection, an 18-story condo tower, on 8th Street in St. Pete
/Construction has begun on an 18-story condominium tower, Reflection, near Mirror Lake in downtown St. Petersburg.
The 88-unit building is being developed by a team led by the principals of HP Capital - Fred Hemmer, Angelo Cappelli, and Nick Hansen at the northwest corner of 3rd Avenue North and 8th Street.
"As a lifelong resident I can't be more excited and prouder of what the downtown area of St Petersburg has become. It is a jewel, and we are very excited about developing Reflection that will complement other new projects in the area," says Hemmer.
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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.