$33 million Tierra Verde Marina redevelopment revised again, could become Florida’s second-largest boat storage facility
/A Tampa-based developer has refined its plans to transform the aging seven-acre Tierra Verde Marina property, adding new public amenities and retail while addressing concerns from nearby residents.
Since the proposal was first introduced in March, Greenleaf Capital has made several key revisions to its $33 million, two-phase redevelopment at 100 Pinellas Bayway South.
The project, which was originally slated to go before St. Pete’s Development Review Commission (DRC) in October, has been rescheduled to December to accommodate additional design and a traffic analysis.
One of the community’s main concerns was losing the existing retail space at the marina. In response, the developer has added 2,400 square feet of new retail space to the latest plan, which could be divided into up to three storefronts and will be included in Phase 1 of construction.
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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.