Developers get $6 million county loan to build offices

A project to build two upscale, premier office buildings will get a $6 million loan from Pasco County. The Pasco County Commission approved the loan agreement with Atlanta-based Land Investment Partners at its March 14 meeting in Dade City. No tenants are pre-signed for the office space. However, if certain performance goals in leasing the buildings are met, the entire loan could be … [Read more...]

Preparing for industrial development

It may not sound exciting, but a sewer line is one of the elements needed to help spur industrial development near Zephyrhills Municipal Airport. And, thanks to $3.2 million from Pasco County, the city will be able to pay for about 20,000 linear feet of sewer, as well as two lift stations. The sewer line will serve about 600 acres. It is the next step in a multiphase project to create a … [Read more...]

Pasco encourages commercial growth

A revolving loan program, with an initial outlay of up to $15 million, could soon prime the pump for new commercial development, and bring more jobs to Pasco County. The funds can be used by private investors to make land site-ready for development or to construct shell buildings for potential office, industrial and flex-space uses. The goal is to entice greater investment in the one area of … [Read more...]

Pasco County adopts new marketing approach

Saying that Pasco County is a place with “room to grow” is all but passé, now that developers are on a building spree that is gobbling up wide-open spaces. Retail, rooftops, offices, hotels are plowing up dirt and raising expectations for a more diversified suburban community that accommodates hipper, trendier living. So, out with the old, in with the new. The county’s marketing … [Read more...]

Loan program aims to attract Pasco jobs

Pasco County has earmarked $15 million for a revolving loan program ultimately aimed at creating more jobs. The program seeks to encourage investors to prepare sites for development, or build shell buildings for office or industrial use, thus speeding the process for companies that want to set up shop in Pasco County. The deadline for applications for this new loan program is Nov. 13. The … [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...]

Penny for Pasco funds to help spur local economy

The Pasco County Commission soon will be deciding how to allocate funds from Penny for Pasco proceeds to create jobs and spur the county’s economy. Before they can do that, though, they must adopt a resolution that establishes how funds from the Penny for Pasco Jobs and Economic Trust Fund will be allocated. The resolution will define eligible applicants, such as Pasco County, the Pasco … [Read more...]

They are coming, will Pasco be able to build it?

For decades, the population center of Pasco County has been on its western, coastal side. Areas surrounding Port Richey and New Port Richey have always been the focus of activity thanks to their proximity to Pinellas County. But by 2025, that could all change. The southern portion of Pasco County, which as late as 1990 had population rivaling only the northern rural parts of the county, will … [Read more...]