Florida’s largest co-living developer to build more shared housing in St. Pete
/Rents continue to soar in St. Petersburg where demand outpaces supply, but one local property management and development firm is addressing the economic issue by building innovative co-living spaces throughout the city.
In a co-living space, house members share kitchens, living rooms, and other communal areas.
St. Petersburg-based Docked Living, a co-living developer that delivers a membership-based housing subscription rather than a traditional lease, is flipping several dormant properties. The company is Florida's largest co-living developer.
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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.