Loading
Building Progress
Hillsborough County leads the Gulf Coast region with 61 developments of regional impact.
By Sean Roth
Real Estate Editor
One way to track the health of real estate development in a region is to look at the number of large projects, known as developments of regional impact (DRI), being built.
They are the biggest and most important projects in the region, typically affecting multiple counties. They include airports, master-planned communities, business parks, mines, marinas and hotels. They are economic engines that energize the Gulf Coast.
These larger developments go through an exhaustive governmental review process and must receive local and state approval.
GCBR research shows a healthy smattering of new and ongoing DRI projects in Southwest Florida.
There were 220 ongoing regional projects from Pasco County south to Collier County as of June 30, according to the latest governmental data available. Plus, another nine DRI projects were still pending approval.
The largest number of projects was in Hillsborough County, with 61 developments, or about 27.7% of all the DRIs from Pasco to Collier counties. Lee County followed with 43 DRIs (one of which was shared with Collier) at 19.5%.
Sarasota County was third with 33 regional developments (sharing four with Manatee county) for 15% of the region. About 12.3% of the area's DRIs were in Collier County with 27 DRIs (sharing one with Lee). The other four counties contained less than 10% of the region's DRIs: Manatee with 20 (four shared) at 9.1%; Charlotte with 16 DRIs at 7.3%; and Pasco and Pinellas counties, both with 13 (one shared) at 5.9% each.
The area from Pasco to Sarasota - Pasco, Hillsborough, Manatee, Pinellas and Sarasota counties - had 136 of those ongoing projects and another seven DRI applications pending.
Here is a sampling of the largest ongoing DRIs since 1985 from Pasco to Hillsborough based on acreage.
Sarasota County
Project: Palmer Ranch Eastside MDO Substantial Deviation
Location: Sarasota County
Applicant: Palmer Venture
Owner: Palmer Ranch Development Ltd.
8588 Potter Park Drive, Suite 500
Sarasota, Fla. 34238
Phone: (941) 923- 0749
Date submitted: 7/20/90
Project type: Multi use
Total acres: 5,119
Housing units: 10,500
Commercial square feet: 400,000
Office square feet: 1,150,000
Industrial square feet: 1,763,000
Project: Lakewood Ranch Corporate Park (f/k/a University Place)
Location: Sarasota County
Applicant: Schroeder-Manatee Inc.
Owner: Lakewood Ranch Corporate Park Inc.
6215 Lorraine Road
Bradenton, Fla. 34202
Date submitted: 9/30/91
Project type: Mixed use
Total acres: 1,372
Commercial square feet: 109,860
Office square feet: 4,155,257
Industrial square feet: 3,934,883
Project: Sarasota-Bradenton International Airport, substantial deviation II
Location: Sarasota County/Manatee
Applicant: Sarasota-Manatee Airport Authority
6000 Airport Circle
Sarasota, Fla. 34243
Owner: Sarasota-Manatee Airport Authority
Date submitted: 2/25/03
Project type: Airport
Total acres: 1,215
Hotel rooms: 400
Commercial square feet: 92,324
Office square feet: 240,000
Industrial square feet: 378,447
Others: 480,000-square-foot terminal.
Project: Sarasota-Bradenton International Airport, substantial deviation
Location: Sarasota County/Manatee
Applicant: Sarasota-Manatee Airport Authority
6000 Airport Circle
Sarasota, Fla. 34243
Owner: Sarasota-Manatee Airport Authority
6000 Airport Circle
Sarasota, FL 34243
Date submitted: 12/1/96
Project type: Airport Expansion
Total acres: 1,122
Hotel rooms: 200
Commercial square feet: 261,180
Office square feet: 140,000
Industrial square feet: 220,000
Project: Heron Creek/Marsh Creek
Location: Sarasota County
Applicant: Marsh Creek Holdings Ltd.
Owner: Marsh Creek Holdings Ltd and Renea Glendinning
4524 S.E. 16 Place, Suite 3
Cape Coral, Fla. 33904
Date submitted: 11/19/96
Project type: Multi use
Total acres: 831
Housing units: 1,970
Commercial square feet: 500,000
Office square feet: 250,000
Other: 269 acres of recreational open space, 27 holes of golf, 44 acres conserve (wetlands & scrub jay habitat)
Manatee County
Project: Four Corners Mine, Addition Phase I (IMC Agrico)
Location: Northeast Manatee County and southeastern Hillsborough County
Original Applicant: Four Corners Mine Land Holdings
Developer of record: IMC Phosphates Co.
P.O. Box 2000
Mulberry, Fla. 33860
Project type: Commercial mining
Total acres: 13,205
Mining/disturbed acres: 12,438
Project: Cypress Banks
Location: State Road 70, two miles east of I-75
Developer of record: Schroeder-Manatee Ranch Inc.
6215 Lorraine Road
Bradenton, Fla. 34202
Project type: Mixed use
Total acres: 2,888
Residential units: 5,501
Retail square feet: 213,674
DRI Project Name: Four Corners Mine Substantial Deviation Addition/Phase I (IMC Agrico)
Location: Northeast Manatee County
Original Applicant: Four Corners Mine Land Holdings
Developer of record: IMC Phosphates Co.
P.O. Box 2000
Mulberry, Fla. 33860
Project type: Commercial mining
Total acres: 2,508
Mining Acres: 2,152
Project: University Lakes
Location: East of I-75 and north of University Parkway in Manatee County
Original Applicant: Schroeder-Manatee Inc.
Developer of record: University Lakes of Manatee Inc.
7550 Lorraine Road
Bradenton, Fla. 34202
Total acres: 2,317
Office square feet: 1,187,200
Residential single-family units: 1,654
Residential multifamily units: 1,454
Retail square feet: 1,276,258
Hotel rooms: 600
Industrial square feet: 808,088
Hospital beds: 150
Project: Unnamed exclusive golf and country club
Location: I-75 and south of Braden River in Manatee County
Original Applicant: Woodlands Country Club Associates Inc.
Developer of record: Woodlands Country Club Associates
8210 Lakewood Ranch Blvd.
Bradenton, Fla. 34202
Project type: Mixed use
Total acres: 1,174
Office square feet:
Residential single-family units: 1,238
Restaurant square feet: 32,000
Hillsborough County
Project: Hillsborough County Mines Consolidation Substantial Deviation
Location: Hillsborough County
Original Applicant: IMC Fertilizer Inc.
Developer of record: IMC Phosphates Co.
P.O. Box 2000
Mulberry, Fla. 33860
Project type: Commercial mining
Total acres: 53,937
Mining acres: 43,641
Project: Fishhawk Ranch
Location: Hillsborough County
Project type: Mixed use
Total acres: 3,465
Office square feet: 92,000
Residential single-family units: 4,610
Residential multifamily units: 500
Retail square feet: 390,000
Project: Hunter's Green FQD
Location: Off Bruce B. Downs Boulevard, Tampa
Original Applicant: Markborough Florida Inc.
Developer of record: Arbor Greene Joint Venture
601 Bayshore Blvd., Suite 650
Tampa, Fla. 33606
Project type: Mixed use
Total acres: 1,976
Residential single-family units: 3,048
Residential multifamily units: 852
Retail square feet: 100,000
Project: Tampa Technology Park
Location: Tampa
Project type: Mixed use
Total acres: 1,756
Office square feet: 5,889,734
Residential single-family units: 634
Residential multifamily units: 310
Retail square feet: 215,000
Retail/office square feet: 1,261,100
Hotel rooms: 1,200
Industrial square feet: 11,632,946
Project: Westshore Areawide
Location: West of Dale Mabry Highway and north I-275, Tampa
Original Applicant: Westshore Development Association
Developer of record: The Westshore Alliance
5444 Bay Center Drive, Suite 115
Tampa, Fla. 33609
Project type: Mixed use
Total acres: 1,450
Office square feet: 10,373,338
Residential multifamily units: 2,000
Retail square feet: 1,488,000
Hotel rooms: 3,435
Industrial square feet: 200,000
Pasco County
Project: Connerton
Location: North by State Road 52, on the west by U.S. 41 and on the east by Ehren Cutoff
Original Applicant: Connerton LLC
Developer of record: Connerton LLC
3505 Frontage Road, Suite 145
Tampa, Fla. 33607
Project type: Mixed use
Total acres: 8,036
Residential single-family units: 13,667
Residential multifamily units: 1,450
Retail square feet: 2,090,000
Government Office square feet: 1,485,950
Hotel rooms: 150
Community college: 1,400
Project: Trinity Communities
Location: Pinellas and Pasco counties
Project type: Mixed use
Total acres: 3,702
Medical Office square feet: 186,000
Residential single-family units: 5,307
Residential multifamily units: 3,134
Mobile homes unit: 1,235
Commercial park square feet: 1,414,500
Retail square feet: 1,133,000
Neighborhood center square feet: 60,000
Office square feet: 43,00
Life care units: 840
Hospital Beds: 240
Project: Seven Oaks
Location: Pasco County
Project type: Mixed use
Total acres: 2,500
Office square feet: 400,000
Residential single-family units: 2,294
Residential multifamily units: 2,047
Retail square feet: 1,640,000
Hotel rooms: 400
Industrial square feet: 400,000
Hospital beds: 480
Medical Office square feet: 250,000
Project: Wesley Chapel Lakes
Location: Pasco County
Project type: Mixed use
Total acres: 2,150
Office square feet: 393,200
Residential units: 4,520
Retail square feet: 1,161,800
Project: Cannon Ranch
Location: Pasco County, one mile east of I-75 south of State Road 52
Original Applicant: Route 347 Realty Corp.
Developer of record: Thompson Station Enterprises LLC
P.O. Box 241
Thompson Station, Tenn. 37179
Project type: Mixed use
Total acres: 2,005
Residential single-family units: 2,350
Multifamily condo units: 2,50
Multifamily resort units: 1,500
Retirement units: 2,600
Access units: 400
Retail square feet: 183,000
Golf holes: 27
Office square feet: 52,000
Other: recreation areas.
Pinellas County
Project: Gateway Areawide
Location: Northeastern St. Petersburg, bounded by Ulmerton Road, 9th Street North, Gandy Boulevard and 28th Street.
Original Applicant: St. Petersburg
Developer of record: St. Petersburg
175 Fifth Street N., P. O. Box 2842
St. Petersburg, Fla. 33731
Project type: Mixed use
Total acres: 1,653
Office square feet: 3,505,934
Residential units: 2,209
Retail square feet: 169,595
Hotel rooms: 398
Industrial square feet: 2,460,670
Project: Tampa Bay Park Substantial Deviation
Location: Martin Luther King Jr. Boulevard and Himes Avenue, Tampa
Original Applicant: Landmarks Commercial Services Corp.
Developer of record: Highwoods Properties
3111 W. Martin Luther King Jr. Blvd. Suite 300,
Tampa, Fla. 33607
Project type: Office
Total acres: 35
Office square feet: 1,101,200
Project: Gateway Centre
Location: St Petersburg and Pinellas Park
Project type: Commercial
Total acres: 558
Office square feet: 2,688,620
Retail square feet: 246,000
Hotel rooms: 500
Industrial square feet: 2,820,000
Project: St. Petersburg Intown Areawide
Location: Central City St Petersburg
Original Applicant: St Petersburg
Developer of record: St. Petersburg
175 5th Street N.
P. O. Box 2842
St. Petersburg, Fla. 33731
Project type: Mixed use
Total acres: 458
Office square feet: 2,686,765
Residential units: 3,232
Retail square feet: 1,100,000
Industrial square feet: 230,000
Boat slips: 141
Museum square feet: 86,000
Exhibit square feet: 50,000
Movie theaters: 24
Project: Cypress Lakes
Location: North side of Tampa Road, Oldsmar
Original Applicant: Milford Corp.
Developer of record: The Milford Corp.
105 Dunbar Avenue, Suite H
Oldsmar, Fla. 34677
Project type: Mixed use
Total acres: 440
Residential single-family units: 250
Residential multifamily units: 250
Office square feet: 250,000
Retail square feet: 250,000
Hotel rooms: 125
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
