The Laker/Lutz News

Central Pasco Association of Realtors

Pasco County adopts rental registry ordinance

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Pasco County has adopted an ordinance requiring owners of rental properties and vacant properties to register them.

The idea is to give the Pasco County Sheriff’s Office a way to find out who owns a property, or who’s authorized to be on it, when they’re called to a scene.

It also will give county officials information they need to pursue code violations, when a structure is becoming a hazard, property is littered with trash, weeds are overgrown and so forth.

Commissioners voted unanimously in favor of the new tool.

Pasco County Sheriff Chris Nocco applauded commissioners, noting the registry will help residents who have been dealing with nearby crime and other issues resulting from problem properties.

“They can’t sleep at night. They can’t let their kids out at night. This is something that will help them bring back their neighborhoods,” Nocco said.

The ordinance notes that commissioners recognize that vacant properties and the condition of many rental properties “lead to a decline in community and property value; create nuisances; lead to a general decrease in neighborhood and community aesthetic; create conditions that invite criminal activity; and foster an unsafe and unhealth environment.”

The ordinance also notes that while the total number of homes have increased, the total number of homesteaded properties has declined.

The registry will give the county and Sheriff’s Office a reliable way to communicate with others when properties  are “abandoned, neglected, or left unsupervised, or when tenants/occupants are violating county regulations.”

Owners of rental or vacant properties who live outside of Pasco County must designate a licensed property manager, based within Pasco or adjacent counties. The ordinance defines a licensed property manager as one who holds a current and active Florida real estate license.

The registration form also gives the owner an option to enter into a “trespass agreement” with the Pasco County Sheriff’s Office, giving the Sheriff’s Office the authority to issue trespass warnings to individuals not listed as authorized occupants on the registry.

“I’m really glad that we’ve arrived at this day. This is really important to the constituents of Pasco County that we take care of this problem,” Commissioner Kathryn Starkey said.

“I don’t know that this will get us all of the way to where I think we need to be, but I think this is a great first step.”

Commissioner Mike Wells, who advocated for the registry, said “it’s going to increase (property) values. It’s going to help life-safety.”

It also will help the Sheriff’s Office and the county’s code enforcement department, Wells added.

At the same time, he said, such ordinances have to be carefully crafted.

“It’s a touchy thing. We don’t want to overregulate,” Wells said.

Joe Farrell, of the Central Pasco Association of Realtors, told commissioners, “we wholeheartedly support this ordinance.”

Published January 29, 2020

This crowd was bullish on East Pasco’s prospects

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Speakers at the recent “Discover Dade City” symposium cast a spotlight on East Pasco’s development opportunities.

The event, held in the conference center at the East Pasco campus of Pasco-Hernando State College, focused on ongoing projects, as well as those on the drawing board and future prospects.

Dewey Mitchell, the keynote speaker at ‘Discover Dade City’ said that as Dade City grows, its biggest challenge will be to preserve its authentic charm. (B.C. Manion)

The Greater Dade City Chamber of Commerce, in conjunction with the Greater Tampa Realtors and Central Pasco Association of Realtors (which merged with the Pinellas Realtor organization), hosted the inaugural event on Nov. 29.

Larry Guilford, who moderated the two panels of speakers, said “so many things are already happening in Dade City, and so much more is going to happen.”

Dade City Mayor Camille Hernandez said since becoming mayor in 2012, she has tried “to make sure that Dade City has a seat at the table.”

The city continues to look at ways to enhance its quality of life, through such amenities as recreational trails, a bike hub and a splash park, Hernandez said.

It also wants to find ways to repurpose its old buildings, and to explore a Farm-to-Table initiative, she said.

As the city grows, it wants to be sure it plans appropriately, Hernandez added, so it can preserve the “quaint authentic nature of Dade City that you won’t find anywhere else.”

New roads to progress
State Rep. Danny Burgess talked about the extension of State Road 56, which now ends at Meadow Pointe Boulevard in Wesley Chapel, but is being extended to U.S. 301 in Zephyrhills.

The road will create a new east-west artery that will help ease congestion and promote economic growth. Burgess said, “That will open up so many opportunities.”

David Gwynn, secretary of the Florida Department of Transportation District 7, said it looks like the State Road 56 extension could be completed as early as next spring, or at least by summer.

The transportation leader talked about a number of other projects that will have a significant impact in East Pasco.

The biggest investment involves projects on State Road 52, starting at the Suncoast Parkway, with stretches being widened all of the way over to U.S. 301, he said.

“This summer, in June, we’re going to let over $150 million in state projects just on State Road 52,” he said. “Widening to six lanes the portion between the Suncoast (Parkway) and (U.S.) 41; some other projects between (U.S.) 41 and the interstate (I-75); and, the realignment (of State Road) 52 all of the way out.”

The state also is studying whether State Road 56 could be further extended from U.S. 301 over to State Road 39 to create another corridor leading to Interstate 4.

Another big project, referred to as the Diverging Diamond, is expected to begin construction in early 2019.

Aimed at reducing congestion at State Road 56 and I-75, the project is expected to make traffic in that area more challenging during construction.

The planned construction of an I-75 interchange at Overpass Road also is expected to provide a significant improvement to transportation in East Pasco.

Preparing future workforce
On the education front, Kurt Browning, superintendent of Pasco County Schools, said a new technical high school expected to open in 2022 on Old Handcart Road will expand opportunities for students, while helping to boost Pasco’s economy.

The school will serve students from the Dade City, Zephyrhills and greater Wesley Chapel areas.

The goal is to build a school that helps students to develop skills that are needed by employers, which will benefit the school’s graduates and companies seeking to fulfill workforce needs.

The district is doing its homework now, to ensure that the school is equipped to offer relevant programs, Browning said.

“We don’t want to build a building and then figure out what programs we’re going to teach,” the superintendent said.

Pasco County Commission Chairman Ron Oakley addressed the need for local government to pick up the pace with regards to permit approvals.

“That’s the worst part of government —  how slow it moves,” Oakley said.

He pledged: “Pasco County is not going to hold up the builders and others who want to do things the right way. We’re going to make it so it’s more streamlined for them to get those permits.

“There’s nothing wrong with controlled growth,” Oakley said.

Opportunities for all
Another panel talked about investments being made in East Pasco.

Jason Newmyer, administrator for Florida Hospital Dade City, said next year will be a transformative year at the hospital, as a $22 million makeover begins.

Michael Lawson, director of operations for Metro Development Group, talked about Connected City, which is intended to be a place where there will be opportunities for everyone, ranging from large companies to small entrepreneurs.

“We’re going to create this environment that will promote this growth,” Lawson said, noting the 50-year plan for Connected City calls for the development of 10 million square feet of nonresidential and 40,000 residential units.

Connected City is in a corridor covering about 7,800 acres in northeast Pasco County. It borders Interstate 75, State Road 52, and Curley and Overpass roads.

Some things are already happening.

Epperson, a community in Connected City, became the first community in North America to open a manmade turquoise lagoon, known under the trademarked name, Crystal Lagoon.

“Crystal Lagoon has been a game-changer for the industry. We were proud to be the first in the U.S. We’ll see these deployed all over the country, but that’s just one element (of Connected City). There are going to be so many more.

“I look at Connected City as basically being an iPhone with unlimited ability to put Apps on it,” Lawson said.

Dewey Mitchell, co-owner of Capstone Tropical Holdings Inc., was the symposium’s keynote speaker.

Agreeing with other speakers on the agenda, Mitchell said there’s no doubt East Pasco is poised for growth. He also touched on an issue raised by Dade City Mayor Hernandez.

“I think the biggest issue for Dade City going forward — as all things happen, and they are going to happen — is keeping the charm the city has currently. I think that’s going to be the biggest issue.

“I kind of like to look at the city of Dunedin. They’ve done a really good job of merging the old city with newer development.

“It’s a pleasant place to be. There’s restaurants and shops. It’s lively. They have a bike path through.

“It sounds easy, but it’s not,” he said.

“At the risk of being offensive to someone, take St. Pete Beach. They messed it up,” he said, and now, “they’re struggling to get back what they once had.

“They just didn’t do it right. Dunedin did,” Mitchell said.

The symposium’s aim was to raise awareness of development opportunities in the East Pasco area, and provide networking opportunities for developers, brokers and property owners, according to John Moors, executive director of The Greater Dade City Chamber of Commerce.

Saint Leo University was the presenting sponsor, assisted by Pasco-Hernando State College, First National Bank of Pasco, Berkshire Hathaway Home Services Florida Properties Group, Florida Hospital Dade City/Zephyrhills, San Antonio Citizens Federal Credit Union, the City of Dade City and The Laker/Lutz News.

Published December 12, 2018

All aboard for a bus tour of Pasco development

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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 more in future.

Dr. Jeffrey D. Senese, center, president of Saint Leo University, welcomed bus tour visitors to the university’s campus.
(Kathy Steele)

“We’re looking to introduce people, to say, the (Florida Hospital Center Ice) rink,” said Jack Buckley, who is chairman of the CPAR committee that organized the tour. “Not everyone knows it’s here. We want to make them aware of activities in the area.”

About 60 people boarded the bus at the Hilton Garden Inn Tampa Suncoast Parkway. The all-day tour visited nine locations, including stops at Florida Hospital Center Ice, Saint Leo, and the historic Pasco County Courthouse in Dade City.

Other locations were the master-planned communities of Bexley by Newland Communities, Epperson and Mirada; the Dade City Business Center; the business park, Compark 75; and Tampa Premium Outlets.

A lunch break at Florida Hospital Center Ice included a tour of the ice rink facility, off State Road 54.

The CPAR bus tour also was about forging closer ties between Central Pasco and Dade City business and chamber of commerce communities.

Dade City Mayor Camille Hernandez arranged a police-escorted drive through downtown Dade City, and touted its historic, small town charm.

“This is my little piece of heaven that I call home,” the mayor said.

The real estate organization will be supporting Dade City officials for “Discover Dade City,” an economic summit on Sept. 27 at the Pasco-Hernando State College.

“We’re feeding off one another, so residents and businesses get the benefits from our associations,” said Buckley.

The tour offered opportunities for networking, and getting to know new people, said Hernandez. “I’m excited about that.”

Jo Easton, a certified residential specialist, said the tour provided new experiences in getting to know not only about new development but well-established places such as Saint Leo.

She had driven by the university many times, but the tour was her first visit to the campus.

Florida Hospital Center Ice was new to her, too.

“This is really helpful to us,” Easton said.

John McCabe, a vice president and Small Business Administration lender with CBC National Bank, was also glad to get to know the area better.

“You see these places driving by, but to do a deep dive, it’s terrific,” he said. “I think the tour is a great thing.”

McCabe works out of Tampa but services the Tampa Bay area including Pasco.

For more information, visit CPARFl.com.

Published June 13, 2018

Continued growth expected for Pasco’s housing market, expert says

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Pasco County is in a rapidly growing region, so more growth is expected, a national real estate expert said last week at an event organized by the Central Pasco Association of Realtors.

Lawrence Yun, chief economist and senior vice president of research for the National Association of Realtors, made his first visit to Pasco County, to address more than 150 real estate professionals gathered at Pasco-Hernando State College’s Porter Campus at Wiregrass Ranch in Wesley Chapel.

Lawrence Yun
(Courtesy of National Association of Realtors)

Yun anticipates moderate growth in national home sales, forecasting 3 percent to 4 percent in most parts of the country, and slightly greater increases in Florida.

There are a number of factors contributing to Florida’s strong real estate market, and Pasco County, in particular, Yun said.

Florida continues to attract foreign investors, Yun said.

Canadians come to the Sunshine state to escape the cold. British are very dominant in purchasing property in Orlando. Germans like areas such as Fort Myers and Naples. And, Latin Americans are attracted to the Miami area.

“Many Puerto Rican residents are seeking better opportunities here in Florida,” he added.

“Greater Tampa, including Pasco, has not had a large global exposure, but you are getting more of it,” Yun said.

He predicts Florida will continue to see an acceleration in population growth, especially in light of recent changes to the tax code.

“The end result, it is an additional tax burden for people living in the New England states, Connecticut, New Jersey and New York,” he said.

“People will be seeking: ‘How do I lessen some of the burden?’ One way to do that is coming to Florida,” Yun said.

He also noted that the current housing recovery is on healthy footing.

The nation certainly doesn’t want what happened in 2005, when the housing market was hot: “Anyone with a heartbeat was somehow able to get a mortgage and buy a home,” he said.

“I’m fairly confident that this increase will not lead to another decline because the fundamental backdrop is different. We’re in a job-creating environment,” he said.

And, perhaps most importantly, underwriting standards are tough.

Much higher credit scores are required to get a mortgage, he said, noting that, if anything, underwriting standards may be too stringent, especially for people who are self-employed.

More residential construction activity is needed to boost housing inventory — which will moderate prices and attract more potential buyers into the market, said Lawrence Yun, chief economist and senior vice president of research for the National Association of Realtors. (B.C. Manion)

“Home sales are rising, but in a very moderate way,” he said. “We are nowhere back to the 2005 ‘easy lending’ days.

“There is no bubble, even with the strong price recovery, because we don’t have that easy subprime lending,” Yun said.

However, he noted that rising home prices are beginning to hurt affordability.

“We hope that price increases do not become 8 percent, 10 percent every year. Your clients will diminish, if this was to continue.

“The ideal solution in the future, in the upcoming years, price growth to match similarly to wage and income growth,” he said, noting a 3 percent to 4 percent annual price increase would be ideal.

A shortage of inventory is having a negative impact, he added.

“Contract signing appears to be flattening out,” he said.

Buyers want more choices when they are shopping for a home, Yun said.

“You need more inventory,” he said.

“We just don’t have enough inventory because homebuilders have not been building aggressively, or even (a) normal amount, for 10 straight years,” Yun said.

Yun said efforts are being made to provide regulatory relief to community banks, which have been a primary lending source for small homebuilders.

“For many years in America, most of the homebuilding was done by Mr. and Mrs. Jones Homebuilding Company. They’d do about 10 homes a year. They’re not in the game today. They have challenges entering the game,” Yun said, noting that’s because of regulatory restraints on small community banks.

Yun also urges local governments to do their part to get more housing permits approved.

When more houses are built, prices moderate and consumers have more options.

When prices moderate, “middle class families who want to own a home have a better chance to own a home,” he said.

Yun noted there’s a huge mismatch between the percentage of increase in home prices and percentage of increase in incomes.

“Home prices, ideally, should rise in relation to people’s income,” Yun said.

Published May 16, 2018

State Road 54 West booming with development

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State Road 54, east of U.S. 41, tends to hog the spotlight on new development.

After all, it is home to premium commercial shopping meccas, including Tampa Premium Outlets and the now-rising star of Cypress Creek Town Center.

Brightworks Crossing, an apartment and retail project, is going up at Wesley Chapel Boulevard and State Road 54. And, other area development includes Florida Hospital Center Ice, luxury car dealerships, a thriving Shops at Wiregrass, and commercial and residential expansions at Wiregrass Ranch.

The master-planned community of Asturia, off State Road 54, will have single-family homes, apartments, shops and a corporate center. (Kathy Steele)

But, west of U.S. 41, with its large parcels of open land, the game of catch-up is on.

Apartments, single-family homes, offices, hotels and shops are under construction, awaiting permits, or have just cleared the rezoning hurdle.

The mixed-use, master-planned community of Asturia is among many new developments that are reshaping Pasco County’s future. The changes are particularly noticeable in Land O’ Lakes, on the north side of the state road from U.S. 41 to Starkey Ranch.

Construction sites and new development pop up – boom, boom, boom.

The progression of development is taking a natural course of following where land is available, said Lars Kier, president of the Central Pasco Association of REALTORS.

“It’s moving away from Wesley Chapel and Tampa,” he said. “It’s just a natural growth that way.”

Also, the western side of Pasco County is largely developed, he added.

Central Pasco and East Pasco are more rural.

“Real estate is establishing itself where it’s easier to develop,” Kier said. “With all the growth in Pasco, I would definitely think all of it is going to be pretty well-developed.”

Occasionally, the county’s rural past meets up with its urban future.

Down the entrance drive into Asturia, a small herd of cows munches grass on an open field. Behind them, construction workers raise the roofs on new homes.

But, Asturia isn’t all that’s happening.

From U.S. 41, west, there are the Shoppes at Ballantrae Village; Mystic Pointe apartments; Bexley by Newland Communities; Florida Hospital Central Pasco ER; Asturia Corporate Center; South Branch Ranch; and, Publix at Gunn Highway and Starkey Ranch.

A drive into Bexley reveals the Spring Hills Suites Marriott hotel under construction, and the Lakeside Walk apartments, which are preleasing.

Other locations on State Road 54 are filled with clusters of housing frames or smoothed over plots of ground, waiting for a construction start. Or, motorists can spot a sign planted in the dirt, “The Preserve New Homes” coming.

On the south side, for sale signs offer up large swaths of vacant land, waiting on the next development wave. Some parcels are newly rezoned, and need site plans and permitting before more development sprouts.

Some small commercial projects are visible, as well.

The DCI Professional Center at State Road 54 and Ogden Loop has a sign heralding a fall 2017 opening for the 18,000-square- foot office complex, across from Asturia.

So far, all that is finished there is a paved parking lot.

Stanley Steemer is nearing completion on State Road 54, just west of U.S. 41.

Sienna Village II is planned as an expansion of the existing Sienna Village, a small office complex off State Road 54, also just west of U.S. 41.

The expansion, at State Road 54 and Sofia Drive, will have 150,000 square feet of offices, and 30,000 for commercial.

Highlights of new development on State Road 54, from U.S. 41 to Starkey Ranch, include:

  • Shoppes at Ballantrae Village

The shopping center outside the master-planned community of Ballantrae includes DQ Grill & Chill, Domino’s Pizza, Dunkin’ Donuts, T-Mobile, Hungry Greek, a dental office and a spa.

Circle K convenience store is adjacent to the shops, at the entrance into Ballantrae.

  • Mystic Pointe apartments

The upscale, gated apartment complex will have 252 apartments, and a Key West vibe when construction is complete. Preleasing on one-, two- and three-bedroom apartments is underway.

The complex is between Bexley by Newland Communities to the west and Ballantrae to the east, off State Road 54.

  • Bexley by Newland Communities

The master-planned community is under construction on more than 1,800 acres, off State Road 54, east of Suncoast Parkway. Newland Communities announced in March that more than 250 new homes have been sold.

On the entry drive into Bexley, Spring Hill Suites Marriott is being built. Lakeside Walk apartments are under construction, but are preleasing.

Bexley’s clubhouse is home to the Twisted Sprocket Café, which is open to the public for breakfast, lunch and happy hour.

  • Florida Hospital Central Pasco ER

The emergency room facility is open outside Bexley, providing medical care 24 hours a day, seven days a week.

  • South Branch Ranch

Sembler and Altman Development Corp., had March pre-application meetings scheduled with Pasco County planners for property rezoned in 2017 at the northwest corner of Suncoast Parkway and State Road 54.

Altman is proposing 16 buildings, including a clubhouse. There would be more than 350 apartments with one-, two-, and three-bedrooms.

Sembler is proposing a project with a grocery store, fitness center and shops. Outparcels facing State Road 54 could be future sites for restaurants, offices, shops and a gas station.

Both are part of South Branch Ranch, according to county records.

  • Land Investment Partners offices/apartments

The Atlanta-based investment company plans to build two, three-story premier office buildings of 75,000 square feet each, at the southeast corner of Suncoast Parkway and State Road 54.

The company also plans 300 apartments, with access off Northpointe Parkway in Northpointe Village.

The locations are part of the Suncoast Crossings development property, and adjacent to the newly opened manufacturing plant by Mettler Toledo.

  • Asturia Corporate Center

The Pasco County Commission approved a plan in 2017 to build up to 200,000 square feet of premier office space on the north side of State Road 54, west of Asturian Parkway. The business park will be part of the mixed-use, master-planned community of Asturia.

Harrod Properties Inc., is developing the project, which will be built in phases and without pre-signed tenants.

  • Publix at Starkey Ranch

A 45,000-square-foot Publix grocery store is expected to open in fall 2018 at State Road 54 and Gunn Highway. An additional 30,000 square feet will be available for more retail.

Published April 11, 2108

Housing demand on rise in Florida, Pasco

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Construction sites along Pasco County’s major corridors are part of everyday landscape.

Bulldozers clear land and work crews move in with hammer and nails.

Pasco is awash in new single-family homes under construction, and to a lesser degree, apartment complexes.

Brad O’ Connor, chief economist for Florida Realtors (Courtesy of Brad O’ Connor)

But, market trends show that the supply of new homes is lagging behind demand. That’s a change from the housing bubble that burst in 2008 and sent the economy into a tailspin.

“This time, instead of building too much, we’re building too little,” said Brad O’ Connor, chief economist for Florida REALTORS.

But, there are solid reasons why demand is high.

“Right now, demand is being driven by population growth and economic growth,” O’ Connor said.

O’ Connor was keynote speaker at the Feb. 1 forum, Reshaping the Face of Pasco 2018 Economic Summit. Central Pasco Association of Realtors hosted the event at Pasco-Hernando State College Porter Campus at Wiregrass.

Other participants were David Gwynn, District 7 secretary at the Florida Department of Transportation; Tom Ryan, economic development manager for the Pasco Economic Development Council; Camille Hernandez, mayor of Dade City; Kathryn Starkey, Pasco County commissioner; Mary Yeargan, director of district management at the Florida Department of Environmental Protection; and Bob Thompson, program moderator of Thompson Event Partners.

Monthly supplies of single-family homes, as well as condominiums and townhouses, were down statewide in 2017, according to data from Florida Realtors.

Florida had slightly less than four months of inventory for single-family homes, down about 6.2 percent from the previous year. There was a six-month inventory of condos and townhouses, down about 1.5 percent.

Hillsborough County had a 2.6-month inventory of single-family homes, down 10 percent; and a two-month inventory of condos and townhouses, down almost 10 percent.

Pasco County also had a 2.6-month inventory in single-family homes, down 4.2 percent; and the same amount in condos and townhouses, down 19 percent.

In 2017, the biggest inventory of single-family homes in Pasco fell within the $200,000 to $250,000 range, followed by homes from $100,000 to $150,000, and $150,000 to $200,000. Those were increases from 2016.

But, there was a significant decline from 2016 to 2017 in homes selling from $50,000 to $100,000. “There is a scarcity in the low sales rage,” O’ Connor said.

Research found declines also in the monthly averages for the 2017 inventory of active listings of single-family homes, condominiums and townhouses.

Florida’s average monthly listings of single-family homes were nearly 89,000, down 4.6 percent. There were about 54,000 monthly listings on average for condos and townhouses, down about 1.2 percent.

Pasco had about 2,200 listings for single-family homes monthly, down about 2.2 percent. Condos and townhouses had about 420 listings a month, down about 16 percent.

With demand higher than supply, O’ Connor said housing prices are inflated.

However, data shows Pasco is still a bargain for homeowners, even as prices rise, compared to other Tampa Bay counties.

Statewide the median price for a single-family home in 2017 was $237,500, an 8 percent increase. In Hillsborough, the median price was $235,000, an increase of 6.8 percent.

Pasco’s median price was $200,000, an increase of 13 percent.

O’ Connor also noted one other housing trend.

In 2008, homeowners stayed in their homes on average seven years. Now they stay about 11 years.

It’s not clear why, though O’ Connor said people could still be feeling the effects of the economic recession.

For information, visit FloridaRealtors.org.

Published February 14, 2018