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Redevelopment will bring new housing, retail to Pasco resort

County commissioners approved Miami developer's redevelopment plans for the Saddlebrook resort on Tuesday.

  • By Louis Llovio
  • | 1:15 p.m. July 12, 2023
  • | 2 Free Articles Remaining!
Pasco County commissioners approved the redevelopment plans for the Saddlebrook Resort on Tuesday.
Pasco County commissioners approved the redevelopment plans for the Saddlebrook Resort on Tuesday.
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  • Tampa Bay-Lakeland
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The Saddlebrook Resort in Pasco County is about to undergo a major redevelopment that will bring a town center to the iconic property along with town houses; apartments; and retail, office and commercial space.

The plan for the redevelopment from Mast Capital, which bought the 480-acre resort last year, was approved unanimously by the Pasco County Commission Tuesday.

The town center will include 465 rental apartments, 25 town homes, 75,000 square feet of retail and office space and a pedestrian promenade. Mast also plans to build a 120-unit town home community and 25,000 square feet of commercial space within the property.

Mast, through a spokesperson, would not disclose the financial details of the plan.

Saddlebrook was founded in 1981 and includes 500 hotel rooms-condominiums, 45 tennis courts, six pickleball courts, two Arnold Palmer-designed golf courses and 100,000 square feet of meeting space. It also has several cafes and restaurants, a full-size driving range, large resort-style swimming pool, a spa, tennis and golf pro-shops, nature reserve, as well as classroom space and student dormitories for Saddlebrook Prep, the onsite tennis academy.

The Miami developer, in a statement, says that along with the new features it plans to invest “millions of dollars in capital improvements” to the existing resort. That part of the project will include modernizing the resort’s lobby, food and beverage areas, rooms and meeting spaces. It also calls for upgrades to the swimming pools and clubhouse as well as transforming the golf courses to create a 27-hole layout.

Infrastructure improvements will include building a new road and wider lanes to make it easier to access to the property while also easing congestion.

Mast, in the statement, says that since buying the property in March 2022 it has invested in repairs and upgrades, including adding the pickleball courts and has relocated the hotel gym, replaced all of the buildings’ roofs and added a new fleet of vehicles at the property.



Louis Llovio

Louis Llovio is the commercial real estate editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.

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