St. Petersburg Yacht Club to be demolished in downtown St. Pete
/Five years from now, St. Petersburg’s downtown waterfront will have a different look, because the St. Petersburg Yacht Club (SPYC) board of directors has approved a plan to demolish the club’s 51,000-square-foot building and replace it with an all-new structure, and it intends to raise membership fees to help offset the cost of the project.
SPYC Commodore Brian K. Smith broke the news in a May 30th letter to the club’s members. He said the decision to raze the historic structure, which opened in 1917, is the result of a master-planning process that began nearly a year ago.
During the master planning process, it became evident that the current clubhouse, located at 11 Central Avenue in downtown St. Pete, needed significant upgrades.
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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.