Newland Communities Poised for Real Estate Market Comeback
September 11th, 2008 categories: Communities, Covington Park, Home Buyer Information, News Around The Bay, Tampa Real Estate
Located in the heart of Apollo Beach, Newland Communities forges ahead with plans for their latest developement, Waterset. Newland’s plan is to be ready for the construction of new homes when the market turns around. Known for developing saught after communities throughout Hillsborough county such as Covington Park, Fishhawk Ranch and Mirabay, as well as others throughout the U.S. Newland looks to kick start the local real estate market by moving forward with plans to develope 6,400 homesites in a 2,350–acre master planned community.
Newland claims to be taking a longer view then some of the smaller developers who have scrapped projects. Realizing that a community of this size could take as long as 15 years to build out, Newland is in it for the long haul. Siting that Waterset isn’t the first community to start up in a downturn, and while planning started in 2004, it has changed with the market and will offer a diverse price point wih homes starting in the $140,000 and top out at $500,000 according to it’s regional marketing director. Waterset’s positive location and easy access to the interstate system, Tampa, Orlando, MacDill AirForce Base and the inviting Gulf beaches.
Still very much in the planning stages little is known about the details, but they do say there will be several lakes, retail, office space, restaurants and entertainment within the community. Along with parks, playgrounds, walking trails and a community center.
Other projects, such as an open air mall on Big Bend Road are still in the works, as well. Making the Southshore area of Hillsborough County a place where people moving to the area will definately want to explore.
For more information or to visit other local Newland Communities, contact Ticia Kervel at 813–760–1514 or visit our website at www.smartrealestatemarketing.com
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