Thursday, September 14, 2006

Three NEW Area Malls Update

The Cypress Creek Town Center shown to the left, a planned 1.3 million square ft. Regional Mall continues to plod forward.
The location of the planned mall is at I-75 & S.R. 56 in Wesley Chapel. Next step is a September 26th appointment with the board of the Southwest Florida Water Management District. (Swiftmud).

The proposed Shops at Wiregrass mall located at Bruce B. Downs and S.R. 56, is just a few miles east of the Cypress Creek Town Center. After the construction of JC Penney, the mall has been slow to get approvals for the proposed construction of the rest of the mall. Total square footage for this mall is reported to be 800,000.

Lastly, the planned mall at C.R. 54 & I-75, also in Wesley Chapel, has a planned 800,000 square feet. Demolition of some previous structures at the location has begun.

All three malls will look to attracting customers from the prestigious community of New Tampa. I believe at one point all three proposed malls had planned opening dates of 2007. In my opinion that is unlikely.

Sunday, September 10, 2006

Real Estate Humor

With property tax bills coming out shortly, I thought it appropriate to provide the following link for a show containing some REAL ESTATE HUMOR! (Click on the red link to the left.)

To forward this as a link to your friends, click on the white arrow below:

Enjoy! Compliments of Russ Perlowski, Exit KG Realty,

Friday, September 08, 2006

July Tampa Home Prices

The Greater Tampa Association of Realtors released the following AVERAGE home sales by neighborhood for homes sold in July, 2006:

New Tampa: $421,810.
Pasco County: $364,393.
Lutz: $455,654.
Carrollwood: $338,754.

Average Days on the Market for these neighborhoods ranged from 57-65.
Thinking about Selling or Buying a home? Contact Russ Perlowski, Exit KG Realty, (813) 494-2124.

New Tampa Skate Park at Tampa Palms

The New Tampa Community Park, located off of Commerce Park Boulevard in Tampa Palms will include a skateboard facility. Plans are to complete the skate park over the next year and it will also include BMX bike riding.

Thursday, September 07, 2006

I-75 & Bruce B Downs Flyover Ramp In New Tampa

Construction on the Southbound FLYOVER ramp over Bruce B. Downs & Interstate 75 should begin in 2007. Recently, bids were received from $39 million to $47.5 million. When originally approved, the project had an estimated cost of only $29 million.

This flyover ramp will allow commuters traveling southbound on Bruce B. Downs to access I-75 Southbound without stopping at a light. This should make access much easier for New Tampa home owners.

Construction is estimated to take two years.

Russ Perlowski, Exit KG Realty (813) 494-2124