Hidden Ridge Commercial

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Hidden Ridge Commercial

Property Address:
NWQ Moon Lake & Ridge Roads
New Port Richey, Florida 34654
Property Type:
Land Zoned for Commercial Use
Year Built:
Planned
Site Area:
10± developable acres
Total Outparcels:
6

Located in rapidly growing Pasco County, Florida, the Hidden Ridge Commercial site is across the street from a Publix-anchored shopping center, near the Pasco-Hernando Community College.

The site is accessible from Little Road (CR 1/587), US 19, and SR 52. Ridge Road is slated to extend east to Suncoast Parkway, providing direct access to Tampa’s Westshore business district and Tampa International Airport.

Hidden Ridge Commercial is located in front of the planned 216-unit Sawgrass Bend Apartments.

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Hidden Ridge Holding Company LLC

Hidden Ridge Holding Company LLC acquired a 34.7 acre tract of land to construct Sawgrass Bend Apartments, which will be a 216 unit market rate apartment community and up to six commercial outparcels.

The planning for construction of the apartments has been underway since the property was acquired. No construction activity has yet occurred on site as a result of the turmoil in the credit markets and in particular the lack of real estate lending activity although it is currently anticipated that  construction activity could commence as soon as mid-to-late July, 2010.