One of the most closely watched properties in St. Pete has a new owner
By Emma Behrmann
Tampa Bay Business Journal
Published: Apr 22, 2025

One of the most closely watched pieces of property in Pinellas County has changed hands after a century of being owned by the same family — but a redevelopment is not in the new owner's immediate plans.

Derby Lane, the former greyhound racing track that fronts Gandy Boulevard in St. Petersburg, has sold to an investment group, according to a source familiar with the deal.

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