Apartment Construction Boom Spreads Throughout St. Pete
/St. Petersburg is in the midst of an apartment construction boom that is, so far, showing no signs of slowing down. Nearly 2,500 multifamily rental units are currently under construction in the Sunshine City, a number which may pale in comparison to some cities, but is significant given St. Pete’s historical growth. And it may surprise people that this building boom is not just happening in the downtown core, but in other corners of the city as well.
While St. Pete Rising has previously reported on apartment projects like 1701 Central, Artistry, Vantage, and The Exchange, which are all under construction in Downtown St. Pete, there are a number of projects going vertical outside of downtown. These projects are largely concentrated in two areas: the Skyway Marina District and the Gateway area. In aggregate, these units will add thousands of new residents to St. Petersburg. Here’s a summary of multifamily apartment developments being built outside of downtown.
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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.