10490 Gandy Blvd N - Derby Lane 233,341 SF Sports & Entertainment Building Offered For Sale in Saint Petersburg, FL 33702

Berkadia, as exclusive advisor, presents an extraordinary opportunity to acquire the St. Pete Derby Lane Development, a 131.54-acre infill site strategically positioned in the heart of the Tampa Bay region. This rare redevelopment prospect offers unmatched scale and flexibility, enabling a transformative master-planned community that can rival landmark projects such as Water Street and Midtown Tampa. The site’s zoning accommodates a wide range of uses, from residential and mixed-use to commercial and data center developments, ensuring adaptability to evolving market demands.
Located in Pinellas County—the densest county in Florida—the property benefits from proximity to major employment centers, lifestyle amenities, and transportation infrastructure. The Gateway submarket, home to 9.6 million square feet of office space and corporate headquarters like Raymond James and Jabil, is one of the region’s most dynamic commercial hubs. Additionally, the site offers a competitive advantage with 600 megawatts of power capacity committed within 48 months, making it ideal for energy-intensive projects.
This is a once-in-a-generation opportunity to create a new center of gravity between Tampa and St. Petersburg, capitalizing on robust economic growth and strong demand for high-quality real estate in one of the nation’s most vibrant markets.