130-acre Derby Lane redevelopment plans revealed, including housing and a new casino in north St. Pete

A 380-home condominium and townhome neighborhood has been proposed for the jap aspect of Derby Lane in north St. Pete, while a later segment calls for demolishing the existing on line casino building and rebuilding it in totally different locations on the property.

The planned redevelopment of the 130-acre home at 10490 Gandy Boulevard North contains residential, industrial, and industrial makes enlighten of, in accordance with a conceptual notion submitted to Pinellas County in early October.

The proposal follows the April 2025 acquisition of Derby Lane via a merger between St. Petersburg Kennel Membership Inc. and Connecticut-primarily based Rally Acquisition Co.

At the time, representatives for the recent ownership said they supposed to fabricate the property while persevering with its gaming operations, but explicit plans had not been disclosed.

Greyhound racing ended at Derby Lane in December 2020 after Florida voters favorite a constitutional modification banning industrial greyhound racing statewide. The ability continues to feature as a gaming venue, offering poker, table video games, and simulcast wagering.

Iciness Park-primarily based developer Hillpointe is proposing Pointe Immense St. Petersburg, a backyard-model residential neighborhood on a 27.8-acre home that at tell contains more than 20 worn greyhound kennels to the southeast, fragment of the worn racing oval and infield, and parking areas stretching north in opposition to Gandy Boulevard.

The prevailing on line casino advanced would remain at some stage in development of Hillpointe’s project. The conceptual notion identifies the land at tell occupied by the on line casino for a 2nd residential segment, with a replacement gaming venue planned alongside Gandy Boulevard on the northwestern aspect of the property.

A timeline for that later work has not been announced.

Hillpointe representatives met with Pinellas County Pattern Overview Products and services on October sixth to focus on about plans for 300 residences, 80 rental townhomes, and 688 parking spaces.

The neighborhood would include a clubhouse, gymnasium, swimming pool, canines park, and pickleball courts, collectively with two stormwater ponds.

The main entrance would enlighten the existing driveway on Gandy Boulevard, with a 2nd entrance on San Martin Boulevard Northeast. The neighborhood would not be gated, and all townhomes would possibly be leases in choice to for my fragment owned homes.

Hillpointe intends to pursue the enchancment below Florida’s Dwell Local Act, which permits qualifying rental communities to circumvent definite local zoning and land enlighten restrictions in substitute for long-timeframe affordability commitments.

The law requires no lower than 40% of the homes to live reasonable for no lower than 30 years.

Hillpointe’s representatives did not specify at some stage within the assembly how many homes would possibly be earnings-restricted or what rents would possibly be charged.

Previous Hillpointe’s neighborhood, the broader redevelopment notion identifies roughly 27.6 acres for future residential model, 7.7 acres for the relocated on line casino, an 8.6-acre industrial parcel alongside Gandy Boulevard, and roughly 12.1 acres for industrial originate air storage.

Hillpointe emphasised that it intends to comprise and fabricate fully the land for its initial residential neighborhood. The relaxation phases would possibly be handled by others.

“We’re correct doing Fragment One. Your entire totally different phases are going to be a totally different proprietor,” Alex Adams, Hillpointe’s director of land acquisitions, said at some stage within the assembly. “Right here is the fully share that we’re engaged on and we’re buying.”

County group infamous that a pair of of the prospective future makes enlighten of would require additional land enlighten approvals. Industrial model, as an instance, just isn’t licensed below the property’s existing industrial game designation.

Loads of environmental and engineering questions furthermore remain for Hillpointe’s housing proposal.

All the way in which via the assembly, the developer’s engineer described the home as being at some stage within the FEMA floodplain. County group outlined the flood overview and building elevation necessities the group must deem about, collectively with a separate federal process if it seeks to revise the flood maps.

Wetlands would possibly well even hold an impact on the layout as smartly.

County environmental group infamous that a federal wetlands stock identifies the person-made pond at some stage within the racetrack oval as a wetland. A share of a proposed condominium building appears to be like to overlap that blueprint, while another mapped wetland overlaps fragment of the proposed townhome blueprint.

Hillpointe used to be directed to coordinate with the Southwest Florida Water Administration District to accumulate out whether those impacts would possibly be licensed and what mitigation would possibly be required.

A traffic gape would furthermore be fundamental to assess whether the enchancment would require enhancements to nearby roads or intersections.

County group known as for a sidewalk alongside the project’s San Martin Boulevard frontage, offering a connection between Gandy Boulevard to the north and the Weedon Island blueprint to the south. Entry from Gandy would require coordination with the Florida Division of Transportation.

Derby Lane opened on January 3, 1925, and hosted greyhound racing for nearly a century. Its grandstands and glass-fronted structures grew to alter into familiar landmarks alongside Gandy Boulevard, where spectators gathered to gaze races, dwelling bets, and dine overlooking the observe.

Although aloof preliminary, the plans offer the main detailed watch at how thought to be one of Pinellas County’s greatest redevelopment net sites also can take shape. No demolition or development time table used to be equipped at some stage within the October assembly, and the broader redevelopment thought remains preliminary.