Madeira Beach looks to public input in planning redevelopment of prime waterfront site
/A 4.6-acre vacant waterfront property at the entrance to Madeira Beach could become a new public asset. The city is beginning to gather ideas from the community on how the land should be used.
An expanded marina, a parking garage, restaurants, and a public park were among the ideas residents suggested during a town hall meeting on Tuesday night regarding the future of the property at 555 150th Avenue in Madeira Beach, located just off the Tom Stuart Causeway.
The site has remained vacant for nearly a decade following the demolition of the Leverock’s restaurant, which closed in 2000.
A previously approved mixed-use proposal by The DeNunzio Group included a 130-room Hilton hotel, 31 residential units, a restaurant, and a 100-slip marina. However, plans ultimately never materialized.
In October 2025, the city acquired the property for $18 million, a price well below independent appraisals that valued the site upwards of $25 million. Using cash reserves, City Commissioner Eddie McGeehen described the strategic purchase as “a great investment for the city.”
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