Locally led team pitches master plan first approach for Historic Gas Plant District in downtown St. Pete
/A new proposal has entered the mix for the 86-acre Historic Gas Plant District in downtown St. Pete, with a locally led team asking the City to consider a fundamentally different approach to redevelopment.
The current review process was triggered by a January 4 public notice issued after an unsolicited submission from ARK Ellison Horus. In response, the City invited alternative redevelopment concepts for the site, with submissions due this morning.
Among those submissions is a plan from Foundation Vision Partners, led by Will Conroy of Backstreets Capital, Alex Schapira, formerly with Hines, and Anddrikk Frazier of Best Source Consulting, in partnership with global master planning firm Gensler and civil engineering firm Stantec.
Conroy’s firm has developed several condominium projects in St. Pete, including The Nolen, The Salvador, and most recently The Cade, a seven-story mid-rise overlooking Mirror Lake in downtown St. Pete. Schapira and Frazier were part of the team behind the previous Rays/Hines proposal.
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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.