APOLLO BEACH — The county could require the developer of the proposed Southshore Commons shopping center to pay more than $24-million for road improvements.
If the 1-million-square-foot shopping center is built at the southwest corner of Interstate 75 and Big Bend Road, traffic would exceed capacity on many roads and intersections near the 128-acre site, a recent Tampa Bay Regional Planning Council staff report said.
That means Hillsborough County could require developer Equity Inc. to help pay for widening Big Bend Road from four to six lanes between U.S. 41 and U.S. 301.
The possible cost to the developer? About $22.4-million for road impacts, and about $2-million to add turn lanes and traffic lights to intersections.
The planning council is scheduled to vote on the staff recommendations next week. County commissioners will have the final say.
They are scheduled to vote on proposed zoning and land use changes next month.
Equity is still negotiating the details with county officials, said Jay Miller, the company's vice president of mixed use development.
"We're going to do whatever road improvements are required," he said.
NRI Equity Inc. paid $24-million for 66 acres of pasture land in June, according to county records. Bayview Properties still owns the remaining land where developers hope to build Southshore Commons.
By spring 2010, major retailers and a movie theater could be open for business. Plans for the project also include more than 450,000 square feet of office space and 250 hotel rooms.
Catherine E. Shoichet can be reached at [email protected] or 661-2454.