Make us your home page

Developer buys Behnke ranch property in Pasco

ODESSA — An international development company said it plans to break ground early next year on a 536-acre residential and commercial development on State Road 54.

The privately owned company, Hines, which has its U.S. headquarters in Houston, said the project will include 550 single-family homes, 200 townhouses and 300,000 square feet of stores.

Hundreds of multifamily units and another 530,000 square feet of office/light industrial space are planned as well. No date for the groundbreaking is set and the project hasn't yet been named. The $21 million sale of the former Behnke family ranch closed Nov. 12 and was announced Wednesday.

"It's one of the few large tracts remaining where we can create a true high-quality, signature mixed-use community," Hines managing director Lane Gardner said through a spokeswoman. "It's well located in the high-growth corridor with great access to multiple jobs centers."

The company said the project's zoning is complete and it's in the design and permitting stages. It has environmental approvals from the Southwest Florida Water Management District.

The project on the north side SR 54, west of the Suncoast Parkway, is the same location where the Behnke family had planned hundreds of houses a few years ago.

It's not clear why that project, known as Legacy, never moved forward after the family had the former ranch rezoned in 2007 to allow for the houses.

The project was mired by a lawsuit brought by patriarch Carl Behnke, a rancher, after a zoning dispute with Pasco County. He died in May 2007 at age 85 before the suit was settled.

Two years later, the project appeared to inch forward when the family had the property rezoned again, this time to allow mixed residential-commercial usage. Nothing more emerged until Wednesday when Hines announced the sale. The company, which said it will build the streets and other infrastructure, will sell lots to builders.

Hines has offices in 18 countries. It's primarily a real estate design and development company and has master-planned communities and other projects across the world. Among its Florida projects is the 308-unit multifamily Palencia Azure community in Carillon Park in St. Petersburg.

Rich Shopes can be reached at [email protected] or (727) 869-6236.

Developer buys Behnke ranch property in Pasco 11/20/13 [Last modified: Wednesday, November 20, 2013 11:04pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Tampa Bay small businesses give Tampa B+ for regulatory climate


    In a recent survey about small business sentiments toward state and local government policies that affect them, Tampa Bay ranked at No. 25 out of 80 — a B+ overall.

    Tampa Bay ranked No. 25 out of 80 in a recent survey about how small business owners feel about state and local government policies that affect them. | [Times file photo]
  2. Seminole Heights restaurants face struggles amid killings, post-Irma

    Food & Dining

    TAMPA — The neighborhood's hip circle of popular, well-regarded restaurants is feeling the squeeze in the wake of a recent killing spree. And the timing is rough.

    Ella’s Americana Folk Art Cafe has been taking precautions in light of the Seminole Heights killings: keeping the lights on all night and having employees walk to their cars in groups.
  3. St. Pete-Clearwater holding food, supply drive for hurricane refugees


    CLEARWATER — St. Pete-Clearwater International Airport and Allegiant Air are holding a food and supply drive for the Hispanic Outreach Center in Pinellas County. The event, which will benefit refugees displaced by Hurricane Maria, will be held Tuesday from 5 p.m. to 8 p.m. at the airport at 14700 Terminal Blvd.

    St. Pete-Clearwater International Airport and Allegiant Air are hosting a food and supplies drive Tuesday for refugees displaced by Hurricane Maria. | [Times file photo]
  4. Tallest building in Pinellas County in search of a new name

    Real Estate

    ST. PETERSBURG — The name "Priatek" is gone from Pinellas County's tallest building, perhaps to be replaced by that of a much better-known company new to the Tampa Bay area.

    The Priatek name is off of downtown St. Petersburg's tallest building.
 [LARA CERRI  |   Times.  2015]
  5. Estuary wins pier design contest for the Lee Roy Selmon Expressway extension

    Real Estate

    TAMPA — And the winner is… Estuary.

    Voters overwhelmingly supported a pier design called Estuary for the $200-million extension of the Lee Roy Selmon Expressway in Tampa.
[Courtesy of AECOM]