Owner shares emerging vision for coveted Derby Lane site

Sagi Genger believes something big is brewing at “probably one of the most important sites for development in an urban area in the United States.”

Genger is the CEO of Rally Development, which owns the 131.5-acre Derby Lane site in St. Petersburg. The property at 10490 Gandy Blvd. in St. Petersburg was formerly home to a greyhound racing track and continues to host poker tournaments and other table games.

The expansive, sought-after site is also home to a new version of the uber-popular Wagon Wheel Flea Market and special events, including one that recently attracted nearly 18,000 people. Genger and his team are now marketing the property and “trying to figure out what makes the most sense – both for the community and for us.”…

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