Behind the New Tampa Real Estate Boom

Shops at WiregrassNew Tampa real estate covers a 24-square mile area within corporate limits of the City of Tampa. It also has a bigger land area situated in unincorporated Hillsborough. The city is master planned and is enjoying a real estate boom presently.

Scintillating nightlife

New Tampa is the place to meet up friends and family members after a grueling day at work. Residents have easy access to internationally known theme parks and stunning beaches. If you want an exhilarating night out, New Tampa has no shortage of options.

The Shops at Wiregrass

The Shops at Wiregrass is a very popular gathering spot for New Tampa residents. Bruce B Down Blvd is the spine of the area. Vendors from all over Tampa gather every first Saturday and third Saturday from 10 in the morning to 3 in the evening to display their crafts, wares and produce. It is called the ‘Fresh Market Day’ at Shops.

Locally cultivated organic and conventional produce is sold along the streets. You will find a wide variety of cakes, salsa sauces, breads and oils. Local farmers sell locally sourced honey, herbs and plants.

This event is arranged by the Tampa Bay Markets. According to the organizers, fresh open air markets are hosted in different locations all around Tampa with at least 50 vendors selling exclusively homemade, hand-packed, local and eco-friendly products. The principal aim is to boost the local economy.

Music and bikes

The Shops at Wiregrass is also an excellent place to enjoy live music. The first Tuesday of every month is highlighted by “You Nite”, a live music event. Many bands perform here in the evenings at the mall’s center court. The Shops at Wiregrass also hosts “Bike Night” every third Saturday of the month from March to October. The mall invites church choirs as well as local artists to sing and perform at Center Court during the holiday season.

More than shopping

A few of the entertainment events are organized by the shop owners and their staff without any external help. The shows are usually organized once every month.

Visitors in New Tampa also have some more recreational options:

  • Barnes and Noble is a paradise for book and coffee lovers.
  • Head to the Prime Bar if you prefer to dine and wine till the wee hours of the morning. It is a casual restaurant and bar for cocktails, beer, wine and all around American cuisine. The food is delicious too.
  • The Brass Tap is known for serving 40 different kinds of beer on tap and about 300 imported branded brews. You can hang out with your friends at the huge patio.

New Tampa has several options for recreation as well as work, which is making it a popular option to invest in the housing sector. You can contact any of the New Tampa real estate agents to find the right property for you.

What Buyers Should Know About New Tampa Real Estate

image of the new tampa rec center

New Tampa, as its name suggests, is one of the newer suburban neighborhoods in Tampa, Florida, dotted with town homes, ranch style houses, and condos. The city is very family friendly and walkable. The New Tampa real estate covers a 24 square mile area within the City of Tampa limits.

New Tampa Real Estate Overview

New Tampa spans the area within the limits of the City of Tampa and also substantial swathes of land in unincorporated Hillsborough. Other than these two, New Tampa refers to bigger parts of Wesley Chapel, which is adjacent to Hillsborough County to the north. Although the Wesley Chapel area is officially not a part of New Tampa, the residents of the city regard the entire geographical area as New Tampa.

New Tampa has developed rapidly due to its proximity to the City of Tampa. The New Tampa real estate scene has witnessed a number of high quality construction including several master planned residential areas. The advent of high street shopping has transformed this once rural area into a desirable urban oasis.

New Tampa Lifestyle and activities

There are plenty of activities to do at New Tampa. An outdoor mall, The Shops at Wiregrass, offers a large variety of shopping and dining options. A number of chain shops and restaurants have opened their business here. Live events and music concerts also keep the community as well as visitors entertained.

If you seek outdoor recreational activities, New Tampa has a number of golf courses and nature trails. The location of the city places it very near to regional attractions like Adventure Island and Busch Gardens. The Tampa Campus of the University of South Florida is also located in proximity.

New Tampa is bordered by Lutz to its western side and Wesley Chapel to its north. At its eastern border is the Morris Bridge Road and the University of South Florida hems the city’s southern limits.

The sub-neighborhoods of New Tampa have a special vibe and provide residents a distinctive and unique lifestyle. It has a diverse architecture, from charming older buildings to contemporary architecture. The boon of a successful business ecosystem and a dynamic and ever changing area makes it an unique place to live in. The good news is that New Tampa real estate is also affordable.

Shops at Wiregrass

Shops at Wiregrass is situated in Wesley Chapel. It is an entertainment plaza and outdoor shopping mall. It is the perfect place to enjoy the salubrious Florida weather and engage in retail therapy.

Shops at Wiregrass was given the Special Recognition Award in 2013 for its exemplary track record in innovation, technology, capital investment, community service and job creation. The award was given at the 27th Annual Appreciation Banquet of the Pasco Economic Development Council.

New Tampa, Florida is Growing Again

The year 2013 is already displaying the benefit of a resurging economy with a proposed development of new homes in Tampa. Homes on the 2,280 acre K-Bar ranch are targeted for undeveloped property, as displayed by the sale of two large pieces of land. Residents familiar with the beautiful homes in areas like Wesley Chapel, Tampa Bay and New Tampa will recognize the names of quality developers and builders involved in the sale.

The law firm of Johnson, Auvil & Pratico, P.A., oversaw the sale by K-Bar ranch owners Krusen-Douglas, LLC. The two parcels sold for over $7 million. M/I Homes, based in Columbus, OH, bought a hundred sites on which to build single-family homes. Lennar Homes, based in Miami, bought 121 of the single-family home sites.

M/I Homes already has an investment at K-Bar, with a previous purchase in the Bassett Creek community. Conveniently located near I-75 and New Tampa and Wesley Chapel businesses and schools, large lots feature impressive homes from 4 to 6 bedrooms. The land development by M/I in that area has current plans for building 600 units.

According to Johnson, other builders submitted proposals for the property. The interest by so many builders delayed the closing process for approximately five months. In the end, Lennar and M/I had the qualifying offers and were awarded the opportunity to build the 221 homes on the sites they purchased.

Construction to Start Soon on Subdivisions at Wiregrass Ranch

One of the major home builders in the greater Tampa area is Standard Pacific Homes (SPH), based out of Orange County, CA. With the purchase of 657 acres of land within the Wiregrass Ranch Development, SPH has the opportunity to present the first subdivision at Wiregrass Ranch Development of Regional Impact (DRI). Their Tampa Bay division manager, Frank Messina, indicates that construction can start as early as June if there are no permit delays.

One situation that has been postponing development inside Wiregrass is the resolution of funding for road expansion. In a January 10 meeting between representatives for the Porters, who own Wiregrass Ranch, and the Pasco county Development Review Committee (DRC), negotiations continued about the widening of Meadow Pointe Blvd. and SR 54. The Board of County Commissioners also scheduled a public hearing in late January regarding the proposed SPH development.

Four neighborhoods will be formed by the 1,180 single-family homes.

Amenities are expected to include pools, tennis courts and a community clubhouse. Ranging from 1800 to 5000 square feet, the Mediterranean style homes will deliver an upscale look designed to attract move-up buyers in fast-growing Wesley Chapel and other areas. The development is located at the intersection of Bruce B. Downs (BBD) Blvd. and Chancey Rd. The location north of the new Florida Hospital Wesley Chapel is just one of the conveniences appreciated by families.

SPH is familiar with various hearings, meetings and standards of approval by different government agencies. They have been building homes in successful Wesley Chapel subdivisions like Watergrass, Meadow Pointe and Seven Oaks for more than 10 years. Standard ‘Florida-style’ residences attract many buyers. Current homeowners that are looking for something new will be attracted by the proposed development, featuring Tuscan and Euro cottage designs.

Previous developments have included a town center featuring small businesses, stores and cafes for the convenience of residents. The location of Wiregrass Ranch nearly the BBD corridor eliminates the need to bring in those types of amenities. Entertainment and shopping are plentiful in that area, leaving more land for homes and community activities.

For more information on homes for sale in Bassett Creek of K-Bar Ranch or homes in Wiregrass Ranch please visit our website at http://www.tampa2enjoy.com.

Construction of Capri Isle to Finalize the Dream of Cory Lake Isles

The Tampa area will soon see the completion of Cory Lake Isles in New Tampa. The 27 acres of vacant land set aside for Phase 7 in 2006 is scheduled for construction as early as April or May. Kolter Land Partners (KLP) has named the development Capri Isle. The developer expects to see a great deal of interest now that the market for homes in Tampa FL is recovering steadily.

Jim Harvey, president of KLP, recently discussed the changes to the original plans. A total of 115 single-family homes will take the place of previously planned townhomes. Each house will be built on two townhouse lots measuring approximately 50 feet in width and 90 feet in depth. This is less land than other homes in Cory Lake Isles, reducing the size of the proposed 3 and 4 bedroom homes to 1700 to 2900 square feet.

Ryan Homes, which has built homes in Pinellas County and Orlando, has been selected to complete the last phase for this beautiful community.

The original founder and developer, Gene Thomason, sold the proposed townhome lots of Capri Isle to Avatar Homes. Bonds were left for the community to cover when Avatar walked away as the housing market crashed. According to Harvey, Kolter purchased the phase 7 property through a tax deed, a result of the unpaid assessments and bonds.

The Community Development District (CDD) will benefits from the project because of the relief from the huge financial community debt. Kolter restructured the debt with the purchase of the Capri Isle property. A financial plan has been developed that will even pay off one bond earlier than scheduled.

Also promised is a resort-style community pool for all of the Cory Lake Isles residents. A waterslide, paver decks and premium bathhouse are included in the plans. Although some residents have noted their disapproval of this latest plan, the overall response is favorable. The CDD is quick to point out that the pool is a winning feature for the community.

The deal, finalized in November, brought resolution to another issue that was previously overlooked. The traffic light that was to be put up at the Cross Creek Blvd. entrance when the Cory Lake Professional Center was constructed was never installed. That oversight will be corrected, emphasizing the belief of the KLP, the CDD and Ryan Homes that this final phase will be successful.

For more information about homes in New Tampa, Capri Isle at Cory Lake Isles or Ryan Homes, call Lance Mohr at 813-317-4009

Interesting Communities in New Tampa

picture of tampa palms golf courseFollow the map along Bruce B. Downs Blvd (BBD) to get a visual impression of how quickly communities in New Tampa have grown. Discover intriguing names for pleasant areas like Cross Creek and Arbor Greene. Continue traveling BBD to discover even more homes in Tampa Palms. Names are more than a catchy notion for a locality. In most cases, they are reminiscent of the area itself and features such as palm trees, wetlands, creeks and scenes from around the world.

The community of Cross Creek includes neighborhoods such as Magnolia Trace, Meadow Woods and Misty Creek. Single-family homes range from 3 to 5 bedrooms. A 20-acre community park and regional library are part of the main attractions to this area. The elementary and middle school are within walking distance. Flatwoods Wilderness Park, the YMCA, shopping and theatres are nearby. Take a fun, yet educational, break at Adventure Island and Busch Gardens, less than ten minutes away.

Arbor Greene bring the benefit of 596 acres of beauty. Eleven parks, sparkling lakes and natural trails invite residents to enjoy the outdoors close to home. The community center has two pools and a must-see-to-believe fitness center. Quality tennis courts offer an excellent game to any level player. A membership at Hunter’s Green Country Club puts a game of golf practically in one’s own backyard!

There is a reason that Tampa Palms is New Tampa’s largest community. It offers a wonderful variety in outdoor activities within its excess of 7,000 acres. Nature preserves, lakes and bike trails encourage residents to get out and enjoy the outdoors close to home. Naturally swimming is covered at the clubhouse. Others sports like softball, volleyball and tennis are equally popular. A picnic while family members enjoy a game of Around the World on the basketball court is not quite as exhilarating as a competitive game of racquetball, but is fun nevertheless.

Children between the ages of 4 and 12 can participate in the summer camp program. Crafts and sports are two of the featured activities, while fun is the most popular advantage gained from the experience. The Tampa Palms Golf and Country Club features a course designed by Arthur Hills, promising a challenging round of golf to any level player.

A planned community presenting an enthusiastic lifestyle, villages have old-world charming names such as Canterbury, Kensington and The Reserve. Single family homes and apartments are part of the mix, as are shops, churches and restaurants. Tampa Palms is an excellent example of great planning and development.

Smooth Road Ahead for the Gateway Bridge in New Tampa

New Tampa Gateway Bridge pictureMany people and businesses search the MLS in Tampa while considering a new home or relocation of offices. That leads to quite a bit of new construction in this beautiful part of Florida. Malls, hospitals and schools are only part of the activity. Visitors and residents need easier access to travel from one area to another. That need is being met with roadways and bridges, providing convenience and accessibility to major thoroughfares and highways.

Commuters from Wesley Chapel and New Tampa have been following the construction in that area with a great deal of interest. Reading that a project is in the works actually becomes believable when ground is broken and the crews start laying out markers. Heavy equipment moves in to begin grading, building and compacting earth. Passing a scene two times or more a day allows the public to keep track of changes in building progress, such as the project referred to as the New Tampa Gateway Bridge.

The construction is ahead of schedule for this roadway, which will stretch across I-75 between the busy interchanges of BBD Boulevard and SR 56. David Vaughn, direct of contact administration for the City of Tampa, reports that so far, construction has been smooth, resulting in the bridge deck being paved sooner than expected. Rather than a May 2013 completion date, December 2012 is being discussed as a possibility.

Although the bridge project is less than a mile long (.7), its significance in joining areas is big. The 12.4 million dollar creation will make travel between Tampa Palms and West Meadows much easier as it connects Commerce Park Blvd. and New Tampa Blvd. Originally scheduled to open in May 2013, the anticipated early completion has started an evaluation on the best time to open the bridge.

Several other projects currently in progress are not as far along as the bridge. The original idea was to have all the construction related to the Gateway Bridge finish at the same time so traffic adapted smoothly. A traffic light is scheduled to be installed in front of Freedom High . There is also the widening of Bruce B. Downs between Pebble Creek Blvd. and Palm Springs Blvd., in addition to the widening of Commerce Park Blvd.

Opening as a two-lane road, the bridge is expected to become a four-lane roadway in the distant future. The wide sidewalks are 8 feet on the north side and 5 feet on the south side of the bridge. This provides safety and room for bicyclists and pedestrians crossing the bridge. Avoiding BBD’s heavy traffic is a benefit for students of Liberty Middle School and Freedom High in the community of Tampa Palms, as well as those attending Clark Elementary in West Meadows.

If you have any questions or are looking to purchase a single-family home in Tampa, Fl please visit www.tampa2enjoy.com.

How to Get Your Own Home Listings

If you are planning to change your address with a New Tampa home, then you need to get yourself comprehensive home listings to make a better buying decisions. There are so many great housing opportunities that real estate in Tampa has to offer. Despite the massive number of realtors in your area which may offer assistance in giving you home listings, you must also do some research about other housing prospects. Instead of simply scraping by the list and information that one realtor provides, it would be a wise move to get your own listings.

Local listings of homes are not that hard to find. First thing to do is to check out the local newspapers and newsletters, which you may get as you sit down and take your coffee from one of the local shops. Another smart option is turning your Internet browser to Tampa real estate and checking out some local realtor websites. These should conveniently provide you with the pictures and descriptions of properties as well as free listings and contact information for the properties that you initially liked. Now contacting people in charge of these properties is easier. Each website and published materials comes with all the information you need to schedule a site or open house visit at your most convenient time. [Read more…]

Tampa Real Estate Status

Not only is Tampa known for its highly rated schools, unique shops and quiet neighborhood, it is also known for its booming real estate status. This beautiful peninsula has been developed to offer great housing opportunities, including single family homes, condominiums, villas and many others. What’s more exciting is the strategic location of modern Tampa communities, making commutes from home to work and vice versa shorter and more convenient – not to mention that major hospitals and other essential amenities are only a few minutes drive. Every neighborhood in Tampa has a unique character that you and your family will sure enjoy.

From popular subdivisions to modern high-rise building homes, there are limitless options for your new address. For instance, down at northwest Tampa, you get a gated community with exclusive access to golf courses, tennis courts and other sports and leisure amenities. Upscale and gated subdivisions await you and your family in Tampa’s more exclusive subdivisions, boasting multi-million dollar clubhouses and leisure opportunities that only residents can enjoy. In addition to the excellent weather that Tampa residents enjoy, more luxury abounds its high-end properties and more prestigious addresses. Prices of new homes range from $200,000 to millions. [Read more…]

Take a Look at New Downtown Tampa Condos

Trendy and urban Tampa neighborhoods are now on the rise. With Tampa condos, living within walking distance of the community’s busiest spots has been made possible. Imagine living where everything happens. Right at that corner is your favorite shopping mall, which is only a few steps away from your office. Having the leisure of walking through the park while going home from work or fetching the kids from school makes these living abode most inviting. Turning great architectural works into modern homes have become most profitable in this part of sunny Florida. Combining the essence of city vibe into suburban quiet family homes has never been made this exciting.

A few years ago, today’s busy Tampa districts were practically ghost towns. Thanks to the community’s supportive financing and strategic real estate projects, this once boring suburban community evolved into a modern yet family-friendly community. Condo projects approved by the FHA have created homes for thousands of families who saw the convenience and practicality of living in Tampa. Apparently, the list for either rental or condos for sale have become very limited. This only shows that more and more families are beginning to come to Florida and change their address to Tampa. [Read more…]

It’s About Time to Move to New Tampa

Perhaps you are one of the dozens of people who have been contemplating on the decision to move to Tampa. With this thought in mind, you are running questions like “what could be the best communities in Tampa?” or “where are the best schools in Tampa located?” If you are moving with your family, there are more considerations to think about. Hence, looking for the “best” has always been part of the house hunting experience. Thankfully, the area is brimming with great housing opportunities that will suit your preferences and financial status. [Read more…]