TEMPLE TERRACE, Fla. — It’s described as one of many final undeveloped riverfront properties within the coronary heart of Temple Terrace. But quickly, it’d lose that distinction.
City leaders want to promote the three acres of prime actual property to permit for the potential improvement of luxurious apartments.
The property is positioned alongside Riverhills Drive, simply east of N. 56th Street. Danielle Curtis and her canine, Maggie, stroll by the property every day.
Lately, Curtis has observed adjustments. The land has been partially cleared and a ‘for sale’ signal has been put up.
“There used to be a ton more trees here, and they cleared out a bunch of the area, so it kind of makes sense that they’re going to do something with it,” she stated “I just wasn’t sure what exactly.”
According to realtor Florida ROI’s website, the town’s asking $2.5 million for the parcel and is searching for builders’ proposals for luxurious apartments or an assisted dwelling facility. The itemizing stated the location would enable for the “possibility of 70-90 units spaced over six levels.”
Florida ROI
To Curtis, that’s regarding.
“I don’t think it would be ideal,” she stated. “I feel like it would increase the traffic around here a lot more.”
Curtis stated traffic on Riverhills Drive is already dangerous at key instances, and the addition of an condominium constructing could exacerbate the problems.
“It can get pretty backed up,” she stated. “It can take five to 10 minutes just to get out of here, especially if you’re making that left hand turn down [N. 56th St.].”
Interim City Manager Steve Spina is assured that any developer will tackle traffic.
“They’re aware of the problem there already,” he stated. “I’m sure that when the project is developed that there would be requirements of the developer to make improvements to the roadway as well.”
He says promoting the land would play into the City of Temple Terrace’s general imaginative and prescient of changing into a extra livable, walkable place. It would additionally enable the town to pay down a few of its debt.
“The debt’s about $12 million,” he stated. “It’s a long-standing debt from projects that occurred a number of years ago, so it’s financially sound to pay off your debt.”
According to Spina, the town has unsuccessfully tried to promote the land earlier than. This time, it’s extra assured about potential prospects.
For now, the potential for a improvement is in its earliest phases, however Spina stated neighbors could be included within the dialogue if and when the method strikes ahead.
Until then, Spina stated the land has been transformed right into a “passive park” for the general public’s enjoyment.