The $1 billion, 3,334-acre, 20-year project being proposed byClearwater, FL surgeon-developer Clayton Pruitt encompasses fourmillion sf of industrial; 1.3 million sf of retail/office; 10,102single-family, duplex and triplex shelter units; and 5,320multifamily units.
The project is one of the most ambitious in the entire state.Developers of all stripes are monitoring the project's governmentalscreening steps closely because participation could spell profitsfor all of the players.
Leesburg, a laid-back city known nationally for its 100 fishinglakes, outdoor camps and rural beauty, has become a commercial hotspot in the past 10 years as national distributors, retailers andmultifamily developers discover its growing road network,pro-development government and proximity to Orlando.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
