
Trammel Creek Village (Crestview, FL)
112 North Lloyd Street, Crestview, FL, 32536, US
14.09 公顷
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the opportunity to acquire The Little Road Land Site (the “Property” or “Site”), a ±20.29-acre development Site situated in Pasco County, Florida, a thriving Tampa suburb that has seen 37.4% population growth since 2010 and boasts an affluent demographic with $104,039 average household income. The Property enjoys a strategic location on Little Road just north of SR-52 and within close proximity to the Suncoast Expressway and US-19, providing seamless access to Pasco County’s top retail and employment hubs while maintaining convenient connections to Tampa’s Westshore Business District and Downtown Tampa. Nearby demand generators include HCA Bayonet Point with over 1,630 employees, plus Publix, ALDI, and various other amenities. Within a 15-minute drive is Angeline, a developing 6,200-acre mixed-use community that will include 7,500 single-family homes, up to 6 million square feet of commercial space, extensive parks, green spaces, and a crystal lagoon. Angeline will house the Speros FL development featuring Moffitt Cancer Center’s Global Innovation Center—a substantial 775-acre, 16-million-square-foot research campus expected to employ 14,000 people at full buildout.
DEVELOPMENT OPTIONALITY:
MUTLI-FAMILY, SINGLE-FAMILY, AND COMMERCIAL POTENTIAL
The site has split Future Land Use designations with 18.04 acres designated Commercial (COM) and 2.25 acres as Residential-3 (RES-3). Currently zoned Estate Residential (ER), rezoning is required for development. Development options include a Master Planned Unit Development (MPUD) allowing up to 2,357,467 square feet of commercial space on the COM portion, plus seven residential units on the RES-3 portion. Alternatively, a mixed-use development with ground-floor commercial and upper-floor residential could include up to 432 multifamily units (24 units/acre) in the COM area.
HIGH-GROWTH ECONOMY
After nearly doubling its resident base since the start of the century, Pasco County has been focused on attracting employment to the area to shift from a commuter market to a destination where its residents can live, work, and play. These efforts have been exceedingly successful with a number of large-scale employers in healthcare, logistics, and financial services setting up shop in Pasco County. The most notable recent announcement is that of Moffitt Cancer Center, one of the nation’s premier cancer research institutions, which recently broke ground on Speros FL, a 775-acre research campus that will employ 14,000 people at full build-out. The Site stands to benefit from this massive project, owing to its location just minutes from the new campus.
STRATEGIC AND CONVENIENT LOCATION
The Property enjoys a premier location surrounded by recession-resistant demand drivers including healthcare facilities, educational institutions, and recreational venues. Situated just north of SR-52 and east of US-19 and the Suncoast Expressway, it provides easy access to Tampa to the south, Wesley Chapel to the southeast, and both New Port Richey and Gulf Coast areas nearby—all within a 40-minute drive.
The Site lies less than 15 minutes from Publix, HCA Bayonet Point and the transformative Angeline development, while remaining approximately 45 minutes from the Westshore Business District (102,000 employees) and Downtown Tampa (71,000 employees). These major employment centers also feature extensive retail options, entertainment venues, and upscale dining establishments throughout the metropolitan area.