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Home / Finance / Real Estate / Buying
Wiregrass Ranch - The Massive New Community in Wesley Chapel
By:Lance Mohr
There is an overused (but sometimes true) saying that all good things come to those who wait. Such is the case with the massive 5,000 acre Wiregrass Ranch development. After nearly two years of wrangling and negotiations, the developers of Wiregrass Ranch finally reached agreement Board of County Commissioners on the responsibility for costs associated with building of roads in and through the new development. The total cost of road work is expected to reach $1.7 billion and will be divided between the developers and the county.
The agreement pertaining to the issue of road construction represented the final hurdle that needed to be mounted on the way to commencing actual construction of what ultimately will be a truly extraordinary community development. (The fact is that Wiregrass Ranch truly is much more than a simple housing development. In the end, when the last hammer falls, Wiregrass Ranch will be a truly comprehensive living space that will include residential property, retail spaces, commercial construction and beautiful green spaces).
The total development process is expected to take about a dozen years. Construction will be undertaken in four phases. Once completed, Wiregrass Ranch will consist of over 16,000 residences, including over 10,000 single family residences and over 5,000 multi-family properties.
Beyond the significant number of residential properties that are to be constructed in the four phases of development at Wiregrass Ranch there will also a remarkable 3,000,000 square feet of retail space constructed as well.
One of the more interesting aspects of the Wiregrass Ranch plans when considering the retail spaces that will be created through the development process is what will be an open air mall in what will be the Wiregrass Ranch town center. Indeed, developers intend to spend over $100,000,000 in building this magnificent town center open mall. When completed, there will be approximately 1,000,000 square feet of available retail space available in this open air mart.
As mentioned, there will be commercial development as well. The comprehensive plans include the construction of nearly 2,300,000 square feet of office space. Again, in regard to the residential, retail and commercial development, all construction is being undertaken with an eye to ensuring the preservation of green space and with the goal of rendering Wiregrass Ranch a truly livable community on all levels.
Education is also an important element of the overall plan for Wiregrass Ranch. The public schools will include a high school and a middle school (both of which have been constructed) as well as four elementary schools when the development is fully completed.
Plans have also been made for the construction of a Pasco County Government Center and for a branch campus of the Pasco-Hillsborough Community College. Finally, efforts are underway to obtain funding from the State of Florida to construct a 100 bed hospital as well.
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Article keywords: wiregrass ranch, wiregrass, development, new tampa, wesley chapel, town center, the shops at
Article Source: http://www.articles2k.com
Lance Mohr is your Tampa real estate expert, with over 10 years of experience in real estate sales and 18 years of investing. He holds a real estate broker license in the state of Florida, and is a member of top relocation firms. Lance can be reached at lance@lancemohr.com. Please visit http://www.tampa2enjoy.com and add http://www.tampa2enjoys.com/blog to your favorites section of your browser.
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