Make us your home page
Instagram

Hotel projects line up along SR 56 corridor in Pasco

A Holiday Inn Express is planned next to the Florida Hospital Center Ice complex northeast of the I-75 and SR 56 interchange.

JIM DAMASKE | Times

A Holiday Inn Express is planned next to the Florida Hospital Center Ice complex northeast of the I-75 and SR 56 interchange.

WESLEY CHAPEL — Construction is expected to begin in early 2017 on the first Hyatt-branded hotel in Pasco County. Meanwhile, two other companies recently acquired land along the State Road 56 corridor for their own hotel projects.

All of the planned hotels had been disclosed previously. On Monday, the Hyatt Place Wesley Chapel & Conference Center, a 130-room hotel slated for the Cypress Creek Town Center northwest of the Interstate 75 and State Road 56 interchange in Lutz, announced it would begin construction early next year. The developer is Impact Properties, which also developed the Cypress Ridge Professional Center office complex east of I-75.

Michael Sierra, vice president of landowner Sierra Properties, said in a statement that the hotel is part of the first phase of the commercial and residential development on the north side of SR 56, which also will include 230 luxury apartments and four new restaurants: Ford's Garage, Pollo Tropical, Wendy's and Taco Bell.

The development is directly across the highway from the Tampa Premium Outlets mall, three recently opened restaurants and two more that are nearing completion, and a Costco Wholesale warehouse that also is under construction.

East of Interstate 75, Chicago-based State Rd 56 Hilton LLC paid $1.95 million for 2.6 acres on the south side of SR 56 at Silver Maple Parkway for a planned 125-room Hilton Garden Inn. That deal closed in June, and work on the site began last week. Farther east, an Orlando company paid $407,500 for 3 acres in the Wiregrass Ranch development for a planned 92-room Fairfield Inn & Suites.

An 80-room Holiday Inn Express also is under construction next to the Florida Hospital Center Ice complex northeast of the I-75 and SR 56 interchange, and the proposed Brightwork Crossing residential and commercial development at the corner of SR 54 and Wesley Chapel Boulevard in Land O'Lakes recently received county zoning approval to build up to a 150-room hotel. That is a 50 percent increase in the number of hotel rooms over the original plans for the 32-acre development.

The demand for an expanding hospitality industry is tied, among other things, to the outlet mall, the ice complex and a proposed multipurpose sports facility for amateur athletes in Wiregrass Ranch.

Hotel projects line up along SR 56 corridor in Pasco 09/20/16 [Last modified: Wednesday, September 21, 2016 6:04pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Massachusetts firm buys Tampa's Element apartment tower

    Real Estate

    TAMPA — Downtown Tampa's Element apartment tower sold this week to a Massachusetts-based real estate investment company that plans to upgrade the skyscraper's amenities and operate it long-term as a rental community.

    The Element apartment high-rise at 808 N Franklin St. in downtown Tampa has been sold to a Northland Investment Corp., a Massachusetts-based real estate investment company. JIM DAMASKE  |  Times
  2. New York town approves Legoland proposal

    News

    GOSHEN, N.Y. — New York is one step closer to a Lego dreamland. Goshen, a small town about fifty miles northwest of the Big Apple, has approved the site plan for a $500 million Legoland amusement park.

    A small New York town, Goshen approved the site plan for a $500 million Legoland amusement park. Legoland Florida is in Winter Haven. [Times file  photo]
  3. Jordan Park to get $20 million makeover and new senior housing

    Real Estate

    By WAVENEY ANN MOORE

    Times Staff Writer

    ST. PETERSBURG —The St. Petersburg Housing Authority, which bought back the troubled Jordan Park public housing complex this year, plans to spend about $20 million to improve the 237-unit property and construct a new three-story building for …

    Jordan Park, the historic public housing complex, is back in the hands of the St. Petersburg Housing Authority. The agency is working to improve the 237-unit complex. But the latest plan to build a new three-story building for seniors will mean 31 families have to find new homes. [LARA CERRI   |   Tampa Bay Times]
  4. Coming soon at two Tampa Bay area hospitals: a cancer treatment that could replace chemo

    Health

    A new cancer treatment that could eventually replace chemotherapy and bone marrow transplants — along with their debilitating side effects — soon will be offered at two of Tampa Bay's top-tier hospitals.

    Dr. Frederick Locke at Moffitt Cancer Center in Tampa is a principal investigator for an experimental therapy that retrains white blood cells in the body's immune system to fight cancer cells. The U.S. Food and Drug Administration approved these so-called "CAR-T" treatments for adults this month. In trials, 82 percent of cases responded well to the treatment, and 44 percent are still in remission at least eight months later, Locke said. [CHRIS URSO   |   Times]
  5. Regulator blasts Wells Fargo for deceptive auto insurance program

    Banking

    Wells Fargo engaged in unfair and deceptive practices, failed to properly manage risks and hasn't set aside enough money to pay back the customers it harmed, according to a confidential report by federal regulators.

    Wells Fargo engaged in unfair and deceptive practices, failed to properly manage risks and hasn't set aside enough money to pay back the customers it harmed, according to a confidential report by federal regulators.
[Photo by Spencer Platt/Getty Images, 2017]