The development of a large employment center north of State Road 52 and west of Interstate 75 was approved by the Pasco County Board of County Commissioners during its May 7 meeting in Dade City, with the rezoning of approximately 785 acres where the site is located.
An economic development agreement was approved to provide a Public Infrastructure ad valorem rebate for infrastructure installed for the development, not to exceed $29,269,623, as adjusted for inflation.
Both requests were made by MU Landco Liquidating Company & SF Landco Liquidating Company LLC, which owns the property.
The zoning was changed from A-C Agricultural District, R-1MH Single Family/Mobile Home District, and C-2 General Commercial District to MPUD Master Planned Unit Development District.
This will allow the development of 190,000 square feet of Retail/Commercial; 3,000,000 square feet of Light Industrial; 500,000 square feet of Office; a 250-room Hotel; 2,327 residential dwelling units and associated infrastructure.
The Hines Group, based in Texas, will oversee development of the project. Hines also developed the Asturia subdivision for luxury homes in Odessa.
The infrastructure rebate will be for road systems and public utility transmission lines for both the on-site and off-site areas of the employment center as shown in the agreement.
None of the roughly $29 million will be paid until infrastructure work has been completed, according to the agreement.
Some of the major roadway improvements within the project will consist of a north-south extension of Old Pasco Road and “Roadway ‘AD,’” which will be the east-west vision collector road internal to the project.
“This area is a very important employment and tax generating area and this is one of the most important components of that development,” said David Engel, Pasco County’s director of planning and economic growth.
It is anticipated that 2,770 jobs will be created when construction of the employment center has been completed.
In other business on May 7, commissioners:
- Awarded a bid not to exceed $7,937,909 to The Diaz/Fritz Group Inc., d/b/a Diaz Fritz Group General Contractors, for work on the Starkey Ranch District Park Phase 2B-2G – to provide fields, a concession stand, a parking area, and other improvements for the Starkey Ranch District Park located off Lake Blanche Avenue in Odessa. This award will create six new ball fields with sidewalks and multi-use paths to extend around the existing stormwater pond area, parking and a concession stand to support sports activities at the park.
- Approved a zoning change requested by Blanton Creek Development Corporation for Timber Ridge Master Planned Unit Development (MPUD) from R-3 Medium Density Residential District to an MPUD Master Planned Unit Development. This change will allow a maximum of 190 single-family detached units on approximately 48.42 acres located on the east side of Pasco County. Access to the proposed subdivision will be via 14th Street. The applicant was also granted its request to be able to use an emergency access connection to Catalina Drive because this road is not built to county standards. This will avoid impacting existing neighbors in the residential subdivision to the north.
- Agreed to the recording of a plat with a performance guarantee for Clinton Land Investments LP – Clinton Townhomes for 158 residential lots on 21.61 acres on the north side of Clinton Avenue approximately 0.38 miles west of U.S. 301 in east central Pasco County. The county received a Surety Bond in the amount of $5,071,115 to cover the cost of necessary infrastructure improvements.
- Agreed to the recording of a plat with performance guarantees for LNR3 AIV LLC – Connerton Village 3 Phase 2A for 144 residential lots on 77.612 acres on the east side of Connerton Boulevard, approximately 2.41 miles east of U.S. 41/Land O’ Lakes Boulevard in west central Pasco County. The county received Surety Bonds in the amounts of $3,259,872.38 and $40,794.30 to cover the cost of necessary infrastructure improvements.
- Agreed to the recording of a plat with a performance guarantee for Lennar Homes, LLC – Wiregrass Ranch M21 Plat for 42 residential lots on 3.44 acres on the northwest side of Silent Gardens Cove, about a half mile east of the Suncoast Parkway. The county received a Surety Bond in the amount of $1,836,727.79 to cover the cost of necessary infrastructure improvements.
- Approved Pasco County Parks, Recreation, and Natural Resources Department to coordinate with the Pasco County Property Appraiser’s Office and the Woody Williams Foundation to designate Veterans Memorial Park, 14333 Hicks Road, Hudson, and Wesley Chapel District Park, 727 Boyette Road, Wesley Chapel, as locations for Gold Star Families Memorial Monuments to be installed.
Published May 15, 2024
