North Tampa Aero Park airport up for sale

North Tampa Aero Park is on the market. The sales price for the licensed public airport is $4 million, according to brokers with CBRE. The company’s airport specialist group is in charge of marketing and selling the airport, located at 4241 Birdsong Blvd. “We’ve had quite a bit of interest,” said Gary Bauler, broker and first vice president for industrial properties at CBRE in … [Read more...]

All aboard for a bus tour of Pasco development

A bus tour through Pasco County connected the dots, and highlighted both new development, and notable educational institutions, such as Saint Leo University. The Central Pasco Association of REALTORS sponsored the tour to offer professionals in real estate and area residents an up-close look at what’s happening in Pasco. The bus tour on June 7 was the first, but CPAR officers say they plan for … [Read more...]

Compark 75 sold to Atlanta investors

Compark 75, a Class A industrial park off Wesley Chapel Boulevard, is under new ownership, according to a news release from Cushman & Wakefield. The real estate services company negotiated the sale of five buildings at the park to MDH Atlantic Acquisitions LLC. The Atlanta-based real estate investment company has more than 11 million square feet of properties in the southeastern United … [Read more...]

Pasco Economic Development Council honors businesses

The Pasco Economic Development Council honored eight businesses at its 30th annual Banquet and Industry of the Year Awards on Sept. 8. More than 600 community and business leaders attended the event at the Saddlebrook Resort in Wesley Chapel. Courtney Robinson, 10News WTSP anchor, emceed the event. The winners, according to information provided by Pasco EDC, were: Ortho … [Read more...]

Wesley Chapel Boulevard to be six lanes

Pasco County now is on a path to widen County Road 54 — also known as Wesley Chapel Boulevard — to a six-lane divided road. The move comes nearly 15 years after the county proposed widening the road from two lanes to four lanes. The project also will include a multi-use trail on one side and a sidewalk on the other side. No construction start date is announced, but the road’s design is … [Read more...]

Pasco is real estate ready

The real estate market in Pasco County is thriving. And, evidence of that was on display at “Meet the Developers: The Future of Real Estate.” The annual breakfast meeting, hosted by the Pasco Economic Development Council, brought together developers, real estate brokers, investors and community leaders at the Residence Inn on March 2. Four examples of Pasco’s current and future … [Read more...]

Fate of flight festival remains up in the air

Traffic jams caused tempers to flare and poor weather kept balloons from launching during the third annual Festival of Flight at the Tampa North Flight Center. Scores of motorists complained via the festival’s Facebook page about being stuck in traffic for hours. Some said they were turned away from the venue because there was no place to park. Others said they gave up and voiced … [Read more...]

Festival shares joys of flight

People who are drawn to hot air balloons and aircraft enthusiasts will have plenty to see and do at Festival of Flight 2015. The event, which will take place from Sept. 11 through Sept. 13 at Tampa North Flight Center, features hot air balloon rides, tethered balloon rides, two balloon glows, two balloon launches, helicopters, planes, live music, a specialty car show and more. Admission is … [Read more...]

Retail jobs on the rise

But more jobs are needed to diversify Pasco’s economy Heading south on Interstate 275 into Tampa, and points beyond, cars stack up and slow to a crawl as commuters in the morning rush hour out of Pasco County’s bedroom communities hit the brakes. Motorists going north, mostly zip along at a steady clip. In the afternoon the traffic flow reverses. It’s all about where the jobs are and … [Read more...]

Compark 75 plans expansion in 2016

Compark 75 is growing again. The industrial park, off Wesley Chapel Boulevard, will add a new 65,000-square-foot building to four buildings that are already leased almost to capacity. The permitting process for the new structure is under way, with construction set for 2016. No tenant has signed on yet, but that’s typical for an industrial park that, from the start, has proved that … [Read more...]