Avalon Park Wesley Chapel Enters Partnership with Nye Commercial Advisors
Avalon Park Group has partnered with Nye Commercial Advisors, LLC to lease 23,720 square feet of commercial/retail space in the 73,067-square-foot, mixed-use building, “DT1,” in Downtown Avalon Park Wesley Chapel.
“Our relationship with the Nye team goes back more than 30 years when we initially purchased the property,” says Beat Kahli, president and CEO of Avalon Park Group. “Nye’s deep roots in the Wesley Chapel community and their commercial expertise, make them the perfect partner to bring needed commercial uses to Downtown Avalon Park and east Pasco County.”
DT1 is the first of three buildings planned for the first phase of the downtown section of the master-planned community. The three-story building is comprised of 23,720 square feet of commercial/retail space below 40-unit multi-family, for-rent apartment homes. The additional components planned for phase one consist of a 97,000 square-foot mixed-use building with 21,000 square feet of commercial/retail space below 60-unit multi-family for-rent apartment homes, a 103-unit multi-family building and a 2-acre town park, which will break ground later this year.
“Wesley Chapel continues to grow each day,” says Brent Nye, executive director of Nye Commercial Advisors. “We welcome the opportunity to bring the businesses and services needed to Downtown Avalon Park Wesley Chapel, which will serve as a downtown for the entire region.”
Upon completion, Avalon Park Wesley Chapel will encompass more than 1,600 acres and will host approximately 400,000 square feet of retail and 100,000 square feet of office space in its downtown. The initial construction in Downtown Avalon Park Wesley Chapel began in 2018 with the addition of the Pinecrest Academy K-7 Charter School. Pinecrest is now under construction of its second phase, which includes the addition of approximately 600 sixth- to eighth-grade student stations.
For more information on Downtown Avalon Park Wesley Chapel, visit avalonparkwesleychapel.com/work/, or call 813-783-1515. For more information on leasing in phase one, call 813-973-0214.
About Nye Commercial Advisors
Nye Commercial Advisors is an integrated commercial real estate firm providing investors and clients alike a single source solution for all their real estate needs. Their regional market insight coupled with their deep roots in surrounding communities give them the ability to create solutions to complex projects and help drive real estate portfolio performance for investors, ultimately increasing their asset’s value. For more information on Nye Commercial Advisors, visit https://nyecommercial.com/ or call 813-973-0214.
Middleburg Communities Joins Avalon Park Wesley Chapel
Avalon Park Group has sold two land parcels, totaling 49 acres, to Middleburg Communities. Middleburg plans on developing two residential projects in the area designated as Downtown Avalon Park Wesley Chapel.
Mosby Avalon Park is planned to be a 338-unit traditional apartment community, which will break ground in the spring of 2023. Hamlet Avalon Park, a future phase, is slated to bring 260 build-to-rent products including single-family homes, duplexes and townhomes.
According to a recent Middleburg news release, Mosby Avalon Park will feature one-, two- and three-bedroom units in four-story elevator-served buildings with quartz countertops, stainless steel appliances, and luxury vinyl plank flooring. Amenities include a resort-style pool, fitness center, dog park and pet spa.
“The addition of these residential units brings housing diversity and support to the downtown area of Avalon Park that is now under construction,” says Beat Kahli, CEO, Avalon Park Group/sitEX. “The mix of products that Middleburg brings to Avalon Park helps expand the housing options available and creates opportunities for even more to be able to find a place to live, learn, work and play.”
Published April 05, 2023