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Oldsmar Selects Partners for Town Center Project
Oldsmar plans to sell 8 acres of city-owned property to a developer for a mixed-use development.
The Tampa Bay Business Journal reports the town center could add 250 apartment units, 27,000 square feet of food and retail space and 8,000 square feet of office space in the suburban Pinellas County city.
City leaders voted to begin land sale negotiations with Stanbery Development Group. The Ohio-based firm offered $2 million for the land.
In addition to Stanbery, Baker Barrios Architects, Bohler Engineering, Rycon Construction and ACRE Commercial Real Estate are a part of the development team.
The city of Oldsmar has a population of just under 15,000 as of the 2020 U.S. Census. It is located at the far north of Old Tampa Bay just across the Hillsborough County line from Westchase, and this mixed-use site is adjacent to its city hall.
- ◦Development
- ◦Policy/Gov't
