New hotel, bank, and retail coming to Shoppes at Park Place in Pinellas Park

Yepes said the development team will move into the design phase and begin permitting following final City Council approval later this month.

Belleair Development Group purchased the property for $85 million in 2022 and has since focused on refining the tenant mix.

“We have been very strategic and intentional about our lineup of tenants and creating a family-friendly destination and experience,” Yepes said.

The shopping center occupies the former site of the Pinellas Square Mall, an enclosed mall that opened in 1977, was later rebranded as ParkSide Mall, and closed in 2004. Today, the Shoppes at Park Place is nearly fully leased, with tenants including Petco, Five Guys, Panera Bread, Chipotle, Michaels, Academy Sports, Regal Cinemas, Cold Stone Creamery, Five Below, and others.