for sale - loopnet€¦ · sarasota bartow winter ha ven 52 19 41 301 54 593 699 60 41 301 41 19 54...

Bruce K. Erhardt, ALCExecutive Director+1 813 223 [email protected]

Patrick BermanManaging Director - Retail+1 813 204 [email protected]

Wendy Giffin Director+1 727 599 [email protected]

CONFIDENTIAL OFFERING MEMORANDUM

©2019 Cushman & Wakefield The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s client and the property offered by Cushman & Wakefield, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of Cushman & Wakefield’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)

Cushman & Wakefield of Florida, LLCOne Tampa City Center

Suite 3300Tampa, Florida 33602

FOR SALEI-75 & Moccasin Wallow RoadManatee County, Florida

Opening Q3 2019

IMPERIAL LAKES 542 Units

TAYLOR MORRISON

ARTISAN LAKES 2,800 Units

EAGLE POINTE 1,600 Units

MOCCASIN WALLOW ROAD

PARRISH LAKE 3,300 Units

Golf Course

ROBINSON GATEWAY MIXED USE COMMUNITY

288 Acres

Retail

EXECUTIVE SUMMARY .........................................................3

PROPERTY INFORMATION ...................................................7

TOWNHOME MULTIFAMILY ........................................8

OFFICE / MEDICAL / HOSPITAL ..............................9

RETAIL AND HOTEL .................................................... 10

AREA OVERVIEW .................................................................... 11

DEMOGRAPHICS ............................................................ 11

MANATEE COUNTY / BRADENTON ..................... 12

DEVELOPMENT PROJECTS ...................................... 15

ZONING ............................................................................20

FINANCIAL ANALYSIS ................................................ 21

PERMITS PER ZIP CODE ............................................ 21

CONFIDENTIALITY & CONDITIONS ............................... 22

TABLE OF CONTENTS

CUSHMAN & WAKEFIELD 2

OSCEOLACOUNTY

POLKCOUNTY

SEMINOLECOUNTY

VOLUSIACOUNTY

LAKECOUNTY

LAKECOUNTY

PASCO COUNTY

PINELLASCOUNTY

HILLSBOROUGHCOUNTY

POLK COUNTY

PASCO COUNTY

HERNANDO COUNTY

HERNANDO COUNTY

CITRUS COUNTY

MANATEE COUNTY

SUMTERCOUNTY

ORANGECOUNTY

Bloomingdale Rd

Boyette Rd

Balm-Picnic Rd

Balm

Riverview

Rd

Big Bend Rd

Balm Rd

Symmes Rd

19th Ave NE

Silver Star Road

Red Bug Lake Road

Colonial Drive

Kirkm

an Road

Sand Lake Road

Orange Blossom Trail

Orange A

venue

Alafaya Tr ail

Alo ma

Ave

Osceola Parkway W

orld

Dri

ve

Narcoosee R

oad

John Young P

arkway

Florida's Turnpike

East-West Expressway

Central Florida G

reeneway

Beachline Expressway

Ho�ner Avenue

Boggy Creek Rd

Wes

tern

E

xpressw

ay

Central Florida Pkwy

John Young P

arkway

Orang

e Blossom

Trail

Inte

rnat

ional Drive

Saddle Creek Road

Bartow Rd

Memorial Blvd

North Scenic H

wy

Eas

t La

ke R

oad

Gulf to Bay Blvd

Bay Dr

Courtney Campbell Causeway

McM

ulle

n B

ooth

Rd

Ulmerton Rd

Park Blvd Gandy Blvd

Tyrone Blvd

Central Ave

Gulf Blvd

Pinellas Point Dr

Howard Frankland Bridge

Gandy Bridge

4th

St

Wes

tsho

re B

lvd

Shel

don

Rd

Flo

rid

a A

ve

Fowler Ave

Busch Blvd

Lumsden Dr

Adamo Dr

Da

le M

abry

Hw

y

Gun

n H

wy

Gunn Hwy

Lithia Pinecrest Rd

Tampa Rd

Kennedy Blvd

Hillsborough Ave

Columbus Dr

Waters Ave

Curlew Rd

Bay

sid

e B

rid

ge

Fletcher Ave

22nd

St

Kin

gsw

ay R

d

Val

rico

Rd

Bruce

B. D

owns

Blvd

9th

St

Dr Martin Luther King Jr Blvd

Crosstown Expwy

Causeway Blvd

Linebaugh Ave

Vet

eran

s E

xpw

y

Eisenhower Blvd

Sem

inol

e B

lvd

Ed

gew

ater

Dr

E Baker St

Jam

es L

Red

man

Pkw

y

Cou

nty

Line

Rd

Polk Parkway

Race T

rack

Rd

Brandon Blvd Hopewell Rd

5th St

3rd

St

SW

Worr

ldD

rive

LakeApopka

LakeJessup

Lake Monroe

East LakeTohopekaliga

LakeTohopekaliga

MagicKingdom

UniversalStudios

DisneyWorld

St. PetersburgInternationalAirport

OldTampa

Bay

TampaBay

MacDillAFB

TampaInternationalAirport

DavisIslands

(

( Lakeland LinderRegional Airport

ClearwaterExec. Airport

(Orlando InternationalAirport

Orlando ExecutiveAirport

Orlando - SanfordInternationalAirport

Legoland FloridaResort

Sun CityCenter

Brandon

LandO’ Lakes

NewPort Richey

TarponSprings

PinellasPark

ClearwaterTampa

St. Petersburg

South Tampa

Largo

PalmHarbor

Riverview

St. Cloud

Winter Park

Ocoee

Apopka

Winter Garden

Oviedo

Maitland

AltamonteSprings

Sanford

Deltona

Kissimmee

Casselberry

Winter Springs

Lake Mary

Clermont

Davenport

Haines City

Orlando

Lakeland

Leesburg

The Villages

St. PetersburgBeach

TreasureIsland

TempleTerrace

Largo

PinellasPark

Carrollwood

ClearwaterBeachIsland

CaladesiIsland

HoneymoonIsland

Plant City

Zephyrhills

Spring Hill

Wesley Chapel

ApolloBeach

Ruskin

Fish Hawk

Bradenton

Sarasota

Bartow

Winter Haven

52

19

41

301

54

593

699

60

41

301

41

19

54

581

92

41

19

5456

275

275

4

4

75

75

75

50

46

46

441

441

17

17

17

92

92

92

192

441

27

50

33

19

48

44

27

542

17 92

540

50

17

98

27

98

98

37

60

19 41

301

4

4

4

375

175

589

618

589

570

429

429

417

528

408 408

414

91

91

91

417

700

555

546

600

436

527

435

438

436

434

426

434

15

17

580

597

674

15

6417

62

70

DISTANCES

I-75 0.8 miles

Publix 7.6 miles

Walmart 10.4 miles

Bradenton 11.4 miles

Bradenton CBD 11.4 miles

Tampa Int'l Airport 40.1 miles

Florida Turnpike

Gainesville

JacksonvillePensacola Tallahassee

Orlando

Sarasota

Tampa

Naples

Ocala

Clearwater

Miami

St. Petersburg

Bradenton

Ft. Myers

4

75

75

10

10

95

95

75

Lakeland

Ellenton Premium Outlets

The Mall at University Town Center

This development will provide a unique mixed use

community consisting of a desired combination of

residential, retail, office and hotel for a true

live, work and play environment.

Based on the principals of New Urbanism, this

distinctive community integrates residential

and commercial components to create a

lively mixed use environment.

EXECUTIVE SUMMARY

3



288 ACRE MIXED USE COMMUNITY ENTITLED FOR:

542 MULTIFAMILY UNITS600,000 SF OFFICE900,000 SF RETAIL350 HOTEL ROOMS

• Site provides direct access to I-75 and to U.S. Highway 41 and U.S. Highway 301. These thoroughfares provide easy access to the major employment centers.

• Recently completed Fort Hammer Bridge connects Lakewood Ranch to North/River/Interstate 75.

• Publix anchored shopping center directly south, under construction and scheduled to open Q3 2019.

• 67,500 vehicles per day on I-75 at Moccasin Wallow

• High growth trade area

• 23,095 dwelling units are under construction, approved or pending approval for construction in North River including:

» The Woods at Moccasin Wallow by Adams Homes. 117 homes, 1 million sf of light industrial and office, retail space and an elementary /middle school. Under construction.

» Esplanade at Artisan Lakes – Taylor Morrison. 2802 homes. Under construction.

» The Villages of Amazon South. 1999 homes.

» Dakin Family Homestead. 1,107 units.

» Summer Woods, 562 units.

» Parrish Lakes. 3,300 homes.

» North River Land LC. 156 semi-detached homes and 32,670 sf commercial space.

INVESTMENT HIGHLIGHTS

• Location: Northeast quadrant I-75 and Moccasin Wallow Road, Palmetto (Manatee County), Florida 34221

• Retail Outparcels: 23 acres total

• Hotel Site: 1.5 to 3 acres

• Parent Tract Size: 288 Acres, MOL

• Zoning: DRI for 222 Units Multifamily, 320 Townhomes, 900,000 SF Commercial / Retail, 600,000 SF Office, 350 Hotel Rooms, 1,750 Seat Movie Theater

• Zoning allows for design flexibility

• Utilities: Water: 30” on the north side of Moccasin Wallow Sewage: 20” force main on the south side of Moccasin Wallow Rd.

• No CDD


PRIME LOCATION Site provides direct access to I-75 and to U.S. Highway 41 and U.S. Highway 301. These thoroughfares provide easy access to the major employment centers.

STRONG DEMOGRAPHICS42,264 residents within a 5-mile radius projected to grow 14.7% over the next 5 years, with an average household income of $76,722.

DEVELOPMENT IS BOOMINGMost new development is occurring in the Moccasin Wallow corridor, so expect extensive future commercial supporting services. Publix is under construction directly south of the site.

LOCATION HIGHLIGHTS


ExECUTIvE SUMMARy


O�ce/Retail/ResidentialRetailHotelO�ce/RetailMovie TheatreParking StructureShared ParkingOpen SpaceSingle Family AttachedStormwater

I

III

V

IV+

II

IIIII

III

I

III

V

IV+

II

IIIII

III

Moccasin Wallow Road

Inte

rsta

te 7

5

Carter R

oad

Moccasin Wallow Road

Inte

rsta

te 7

5

Carter R

oad


ExECUTIvE SUMMARy

OFFERING TERMSOffering Terms: Seller is offering its interest in this asset on an all cash, “as-is” basis. Cushman & Wakefield requests that all interested parties submit bids in writing.

ONLINE DOCUMENT CENTER For additional information on this offering, please access the online document center for Robinson

Gateway. The Owner encourages prospective investors to review the online information to assist in

formulating a qualified offer.

INVESTMENT CONTACTS

BRUCE K. ERHARDT, ALCExecutive Director+1 813 223 [email protected]

PATRICK BERMAN Managing Director+1 813 204 [email protected]

WENDY GIFFIN Director+1 727 599 [email protected]

CLICK TO VISIT OUR WEBSITE



ExECUTIvE SUMMARy

mailto:mark.gilbert%40cushwake.com?subject=

http://cushwakelandfl.com/tampa/listing-detail.html?listing_id=640



PROPERTY INFORMATION

TOWNHOME MULTIFAMILy

Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions,change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (orproperties) in question.

For more information, please contact:

Robinson Gateway Property Profile

• 47.6 acres entitled for 542 rental-townhomes, condos, and or multifamily rental units

• Easy access to Employment Centers• 67,500 vehicles per day on I-75 at Moccasin Wallow• Directly across from Publix shopping center,

opening Q3-2019• High growth trade area• Part of 288 acre Mixed Use Community entitled for:

• 542 Multifamily Units• 600,000 SF Office• 900,000 SF Retail• 350 Hotel Rooms

Bruce K. Erhardt, ALC Executive Director+1 813 223 [email protected]

WendyGiffin Director+1 727 599 [email protected]

One Tampa City Center Suite 3300Tampa, Florida 33602phone: +1 813 223 6300cushmanwakefield.com

Tampa CBD

St. Pete CBD

Sarasota CBD

Lakewood Ranch

Bradenton CBD

47.6 Acres MOL | 542 Townhomes and or Rental UnitsI-75 & Moccasin Wallow Road

FOR SALE MULTIFAMILY SITE IN AMIXED USE COMMUNITY

DR Horton

Bradenton CBD

Pulte

Ryland

DR Horton

DR HortonFt. Hammer Bridge

Neal

Ellenton Outlet Mall

• Publix shopping center under construction directly south of Moccasin Wallow opening Q3 2019.

• No CDD.

• Site provides residents with access to I-75,U.S. Highway 41 and U.S. Highway 301. These thoroughfares provide easy access to the major employment centers.

• 23,095 dwelling units are already approved or pending approval for construction in North Riverincluding:

o The Woods at Moccasin Wallow – Adams Homes. 117 homes, 1 million sf of light industrial and office, retail space and an elementary/middle school.

o Esplanade at Artisan Lakes, Taylor Morrison - 2,802 homes.

o The Villages of Amazon South, 1,999homes.

o Dakin Family Homestead, 1,107 units.o Summer Woods, 562units.o Parrish Lakes, 3,300 homes.o North River Land LC, 156 semi-detached

homes and 32,670 sf commercialspace.o Fort Hammer Bridge connecting

Lakewood Ranch to North ManateeCounty completed late 2017.

DISTANCESI-75 0.8 miles

PUBLIX 7.6 miles

WAL-MART 10.4miles

BRADENTON 11.4miles

BRADENTON CBD 11.4miles

TAMPA INT’L. AIRPORT 40.1miles

TaylorMorrison

DR HortonInland

Pulte

M/IRyan

Taylor Morrison Artisan Lakes

Retail

ImperialLakes

Publix

Eagle Pointe

Parrish Lake

1,600 units

3,300 units

2,800 units

542 units

MoccasinWallow

GolfCourse

Opening Q3 2019



Townhomes

MF

Robinson Gateway 288 acres


PROPERTY INFORMATION

• Location: Northeast quadrant I-75 and Moccasin Wallow Road, Palmetto (Manatee County), Florida 34221.

• Size: 47.6 Acres, MOL

• Zoning: DRI Mixed Use

• 542 rental-townhomes, condos, and or multifamily rental units

• Water: On the north side of Moccasin Wallow Road

• Sewer: On the south side of Moccasin Wallow Road

• Price: $20,000/Unit

SITE DETAILS

TOTAL SITE AREA: +/- 288 AC.

RETAIL G.S.F.: +/- 900,000 G.S.F.

OFFICE G.S.F: =/- 600,000 G.S.F.

MOVIE THEATER: 1,750 SEATS

HOTEL ROOMS: 350 ROOMS

TOWN HOMES: 342 D.U.

CONDOMINIUMS: 200 D.U.



PROPERTy INFORMATION

SITE STATISTICSTOTAL SITE AREA: +/- 288 AC.

RETAIL G.S.F.: +/- 900,000 G.S.F.

OFFICE G.S.F: =/- 600,000 G.S.F.

MOVIE THEATER: 1,750 SEATS

HOTEL ROOMS: 350 ROOMS

TOWN HOMES: 342 D.U.

CONDOMINIUMS: 200 D.U.

Property Information• Location: Northeast quadrant I-75 and Moccasin Wallow

Road, Palmetto (Manatee County), Florida 34221.• Size: 47.6 Acres, MOL• Zoning: DRI Mixed Use• 542 rental-townhomes, condos, and or multifamily rental

units• Water: On the north side of Moccasin Wallow Road• Sewer: On the south side of Moccasin Wallow Road• Price: $20,000/Unit

This development will provide a unique mixed usecommunity consisting of a desired combination of residential, retail, office and hotel for a truelive, work and play environment.Based on the principals of New Urbanism, this distinctive community integrates residential and commercial components to createa lively mixed use environment.

In fact the argument could be made thatNorthManatee, rather than Lakewood Ranch, is thecurrenthotspot for development in ManateeCounty.- Bradenton Herald.

Manatee county population is expected to grow from344,600 in 2015 to 405,300 in 2025.“

”

DEMOGRAPHICS (5 MILES)TOTAL POPULATION 321,008,371

AVERAGE HH INCOME $77,468

MEDIAN AGE 37.6

Multifamily

Townhomes



TOWNHOME MULTIFAMILy

47.6 ACRES ENTITLED FOR 542 RENTAL-TOWNHOMES, CONDOS, AND OR MULTIFAMILY RENTAL UNITS




16 ACRES MOL 250,000 SF OFFICE / MEDICAL SPACE

• 16 acres entitled for 250,000 SF of office buildings

• Acreage may be expanded to 40+ acres to accommodate 600,000 SF of office / medical space

• Medical / Hospital uses may be achieved with an amendment to the entitlement plans

• Price: $8,000,000

» $500,000 / Acre

» $11.48 / SF Land

» $32.00 / SF Building

OFFICE / MEDICAL / HOSPITAL +

DR Horton

Bradenton CBD

Pulte

Ryland

DR Horton

NealFt. Hammer Bridge

Neal

Ellenton OutletMall

• Site provides access to I-75,U.S. Highway 41 and U.S. Highway 301.These thoroughfares provide easy access to the major employment centers.

• 23,095 dwelling units are already approved or pending approval for construction in North River including:

• The Woods at Moccasin Wallow – Adams Homes. 117 homes, 1 million sf of light industrial and office, retail space and an elementary/middle school

• Esplanade at Artisan Lakes – Taylor Morrison. 2,802homes

• The Villages of Amazon South. 1,999homes

• Dakin Family Homestead. 1,107 units.• Summer Woods, 562units• Parrish Lakes. 3,300homes• North River Land LC. 156 semi-detached

homes and 32,670 sf commercial space• Fort Hammer Bridge connecting

Lakewood Ranch to North ManateeCounty completed late 2017.

• New high school planned for2019/2020 school year

DISTANCESI-75 0.8miles

PUBLIX 7.6miles

WAL-MART 10.4miles

BRADENTON 11.4miles

BRADENTON CBD 11.4miles

TAMPA INT’L. AIRPORT 40.1miles

TaylorMorrison

DR HortonInland

Pulte

RETAIL

Moccasin Wallow

Proposed Publix

FOR SALE OFFICE / MEDICAL / HOSPITAL SITE 16 Acres MOL | 250,000 SF Office / Medical SpaceI-75 & Moccasin Wallow Road

IMPERIALLAKES

MOCCASINWALLOW GOLFCLUB

ARTISANLAKES

SITE STATISTICS

TOTAL SITE AREA: +/- 288 AC.

RETAIL G.S.F.: +/- 900,000 G.S.F.

OFFICE G.S.F: =/- 600,000 G.S.F.

MOVIE THEATER: 1,750SEATS

HOTELROOMS: 350ROOMS

TOWN HOMES: 342D.U.

CONDOMINIUMS: 200D.U.

Property Information• Location: Northeast quadrant of the intersection of Interstate 75 and

Moccasin Wallow Road, Palmetto (Manatee County), Florida34221

• Size: 16 Acres,MOL, may be expanded

• Zoning: DRI Mixed Use

• Utilities:Water: On the south side of Moccasin Wallow RoadSewer: On the south side of Moccasin Wallow Road

• Price: $8,000,000

• $500,000 / Acre

• $11.48 / SF Land

• $32.00 / SF Building

This development will provide a unique lifestyle community consisting of a desired combination of residential, retail, office, and hotel for a true live, work and play environment.Based on the principals of New Urbanism,this distinctive community integrates residential and commercial components to create a lively mixed use environment.

In fact the argument could be made thatNorthManatee, rather than Lakewood Ranch, is thecurrenthotspot for development in ManateeCounty.”- Bradenton Herald.

Manatee county population is expected to grow from 344,600 in 2015 to 405,300 in 2025.

“”

DEMOGRAPHICS (5 MILES)TOTAL POPULATION 38,543

AVERAGE HH INCOME $61,674

MEDIAN AGE 48.9

FOR SALE OFFICE / MEDICAL / HOSPITAL SITE 16 Acres MOL | 250,000 SF Office / Medical SpaceI-75 & Moccasin Wallow Road




FOR SALE 24 ACRES, MOL

I-75 Exit Retail and Hotel SitesManatee County, West Coast Florida

Cushman & Wakefield Copyright 2016. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.


• Up to 8 retail outparcels on 15 acres, will divide• Up to three hotel sites for up to 350 rooms• High-growth trade area• Directly north of Publix, under construction• Part of 288 acre Mixed Use development• Excellent site for highway commercial

A

Bruce Erhardt Executive Director


+1 813 204 [email protected]

Patrick Berman Senior Director+1 813 204 [email protected]


Retail OutparcelsA 4.3 acres $22.00 PSF

B 8.0 acres $15.00 - $22.00 PSF

C 2.6 acres $15.00 PSF

Prime Location at I-75 Interchange

BC

D

D

ABCHotel OutparcelsD 1.5 – 3.0 acres $15,000/KEYD

Hotel 2150 ROOMS

RETAIL AND HOTEL

RETAIL OUTPARCELS: 15 ACRES TOTAL (2-6 ACRES) THREE HOTEL SITES: 2.5 TO 3 ACRES

• Parent Tract Size: 288 Acres, MOL

• Up to 8 retail outparcels on 15 acres, will divide

• Up to three hotel sites for up to 350 rooms

• High-growth trade area

• Directly north of Publix, under construction

• Excellent site for highway commercial

• Pricing

» Retail $15.00 to $22.00/SF

» Hotel $15,000/Key






A







B 8.0 acres $15.00 - $22.00 PSF



BC

D

D


Hotel 2150 ROOMS



• Location: Northeast quadrant I-75 and Moccasin Wallow Road, Palmetto (Manatee County), Florida 34221

• Retail Outparcels: 15 acres total (2-6 acres) Three Hotel Sites: 2.5 to 3 acres

• Parent Tract Size: 288 Acres, MOL • Zoning: DRI for 222 Units Multifamily, 320

Townhomes, 900,000 SF Commercial / Retail, 600,000 SF Office, 350 Hotel Rooms, 1,750Seat Movie Theater

• Zoning allows for design flexibility• Utilities:

Water: 30" on the north side of Moccasin WallowSewage: 20“ force main on the south side ofMoccasin Wallow Rd.

• No CDD• Pricing

Retail $15.00 to $22.00/SFHotel $15,000/Key

Property Information

Taylor Morrison Artisan Lakes

Retail

I-75

ImperialLakes

In fact the argument could be made that NorthManatee, rather than Lakewood Ranch, is thecurrenthot spot for development in Manatee County.- Bradenton Herald

Manatee county population is expected to grow from344,600 in 2017 to 405,300 in 2025.“ ”

Publix

Eagle Pointe

Parrish Lake

1,600 units

3,300 units

2,800 units

Hotel and Retail Sites

542 units

MoccasinWallow

GolfCourse

Opening Q3-2019

Office and MedicalSites

Residential Sites






OSCEOLACOUNTY

POLKCOUNTY

SEMINOLECOUNTY

VOLUSIACOUNTY

LAKECOUNTY

LAKECOUNTY

PASCO COUNTY

PINELLASCOUNTY

HILLSBOROUGHCOUNTY

POLK COUNTY

PASCO COUNTY

HERNANDO COUNTY

HERNANDO COUNTY

CITRUS COUNTY

MANATEE COUNTY

SUMTERCOUNTY

ORANGECOUNTY

Bloomingdale Rd

Boyette Rd

Balm-Picnic Rd

Balm

Riverview

Rd

Big Bend Rd

Balm Rd

Symmes Rd

19th Ave NE

Silver Star Road

Red Bug Lake Road

Colonial Drive

Kirkm

an Road

Sand Lake Road

Orange Blossom Trail

Orange A

venue

Alafaya Tr ail

Alo ma

Ave

Osceola Parkway W

orld

Dri

ve

Narcoosee R

oad

John Young P

arkway

Florida's Turnpike

East-West Expressway

Central Florida G

reeneway

Beachline Expressway

Ho�ner Avenue

Boggy Creek Rd

Wes

tern

E

xpressw

ay

Central Florida Pkwy

John Young P

arkway

Orang

e Blossom

Trail

Inte

rnat

ional Drive

Saddle Creek Road

Bartow Rd

Memorial Blvd

North Scenic H

wy

Eas

t La

ke R

oad

Gulf to Bay Blvd

Bay Dr

Courtney Campbell Causeway

McM

ulle

n B

ooth

Rd

Ulmerton Rd

Park Blvd Gandy Blvd

Tyrone Blvd

Central Ave

Gulf Blvd

Pinellas Point Dr

Howard Frankland Bridge

Gandy Bridge

4th

St

Wes

tsho

re B

lvd

Shel

don

Rd

Flo

rid

a A

ve

Fowler Ave

Busch Blvd

Lumsden Dr

Adamo Dr

Da

le M

abry

Hw

y

Gun

n H

wy

Gunn Hwy

Lithia Pinecrest Rd

Tampa Rd

Kennedy Blvd

Hillsborough Ave

Columbus Dr

Waters Ave

Curlew Rd

Bay

sid

e B

rid

ge

Fletcher Ave

22nd

St

Kin

gsw

ay R

d

Val

rico

Rd

Bruce

B. D

owns

Blvd

9th

St

Dr Martin Luther King Jr Blvd

Crosstown Expwy

Causeway Blvd

Linebaugh Ave

Vet

eran

s E

xpw

y

Eisenhower Blvd

Sem

inol

e B

lvd

Ed

gew

ater

Dr

E Baker St

Jam

es L

Red

man

Pkw

y

Cou

nty

Line

Rd

Polk Parkway

Race T

rack

Rd

Brandon Blvd Hopewell Rd

5th St

3rd

St

SW

Worr

ldD

rive

LakeApopka

LakeJessup

Lake Monroe

East LakeTohopekaliga

LakeTohopekaliga

MagicKingdom

UniversalStudios

DisneyWorld

St. PetersburgInternationalAirport

OldTampa

Bay

TampaBay

MacDillAFB

TampaInternationalAirport

DavisIslands

(( Lakeland Linder

Regional Airport

ClearwaterExec. Airport

(Orlando InternationalAirport

Orlando ExecutiveAirport

Orlando - SanfordInternationalAirport

Legoland FloridaResort

Sun CityCenter

Brandon

LandO’ Lakes

NewPort Richey

TarponSprings

PinellasPark

ClearwaterTampa

St. Petersburg

South Tampa

Largo

PalmHarbor

Riverview

St. Cloud

Winter Park

Ocoee

Apopka

Winter Garden

Oviedo

Maitland

AltamonteSprings

Sanford

Deltona

Kissimmee

Casselberry

Winter Springs

Lake Mary

Clermont

Davenport

Haines City

Orlando

Lakeland

Leesburg

The Villages

St. PetersburgBeach

TreasureIsland

TempleTerrace

Largo

PinellasPark

Carrollwood

ClearwaterBeachIsland

CaladesiIsland

HoneymoonIsland

Plant City

Zephyrhills

Spring Hill

Wesley Chapel

ApolloBeach

Ruskin

Fish Hawk

Bradenton

Sarasota

Bartow

Winter Haven

52

19

41

301

54

593

699

60

41

301

41

19

54

581

92

41

19

5456

275

275

4

4

75

75

75

50

46

46

441

441

17

17

17

92

92

92

192

441

27

50

33

19

48

44

27

542

17 92

540

50

17

98

27

98

98

37

60

19 41

301

4

4

4

375

175

589

618

589

570

429

429

417

528

408 408

414

91

91

91

417

700

555

546

600

436

527

435

438

436

434

426

434

15

17

580

597

674

15

6417

62

70

1 - 3 - 5 MILES

1 Mile 3 Miles 5 Miles

Total Population 1,369 12,820 42,264

Total Households 630 5,258 18,184

Median Age 43.1 46.5 50.0

Average Household Income $81,303 $68,782 $66,673

DRIVE TIME

30 Min 45 Min 60 Min

Total Population 723,469 1,940,928 3,241,900

Total Households 298,254 814,808 1,350,594

Median Age 44.2 43.0 43.0

Average Household Income $72,140 $76,210 $75,112

AREA OVERVIEW DEMOGRAPHICS

Site SelectionJanuary 14, 2019

Trade Area (in drivetime minutes) - 30Trade Area (in drivetime minutes) - 45Trade Area (in drivetime minutes) - 60

Overview map showing the requested trade area(s) around I-75 & Moccasin Wallow, (latitude, longitude: 27.602438, -82.499213):

Copyright 2017 TomTom. All rights reserved. This material is proprietary and the subject of copyright protection, database right protection and other intellectual property rights owned by TomTom or its suppliers. The use of this material is subject to the terms of a license agreement. Any unauthorized copying or disclosure of this material will lead to criminal and civil liabilities.

© 2019 Alteryx, Inc. All rights reserved. Alteryx is a registered trademark of Alteryx, Inc.Alteryx, Inc. - [email protected] - www.alteryx.com - 888 836 4274 Page 1 of 1

Manatee county population is expected to grow from 385,571 in 2017 to

405,300 in 2025.



AREA OvERvIEWAREA OvERvIEW

MANATEE COUNTy / BRADENTON

Top 5 Employers

CULTURE AND RECREATIONThe Manatee County/Bradenton area is home to several parks, museums, art galleries

and other hubs of cultural events. Below is an overview of some of those hubs:

BRADENTON RIVERWALKThe Bradenton Riverwalk is located along the northern edge of Downtown

Bradenton along the Manatee River. The Riverwalk is a 1.5 mile cultural core of the

area with several restaurants, bars, art galleries, and retail shops. The area also

includes several City and County office buildings, a local library, and the Manatee

Performing Arts Center. In mid-

2018 NRP Group’s Allure Bradenton

receive their final approvals to start

construction on a 302-unit luxury

apartment complex just south of the

Riverwalk. The complex will include

three four-story buildings, a clubhouse, pool, and large pond. The first building will be open by fall 2019, with the

complex to be completed by spring 2020.

MASTER PLANNED COMMUNITY NEARBYLAKEWOOD RANCHLakewood Ranch is a master planned community consisting of approximately 31,000 acres. It is home to over 30,000 residents in 1,700 apartment units, 407

units of senior living, and over 11,500 attached and detached single-family homes. There are over 13,600 homes, either built or under construction, that are

actively for sale with an additional 20,000 homes planned. Home prices range from the low 200,000’s to upwards of $5 million. As of June 2018, the most recent

figures, Lakewood Ranch is the 2nd fastest selling community in the United States. Through mid-year 2018 the Ranch sold 826 new homes, an increase from 622

home through the same time period in 2017. Lakewood Ranch has been among the top-selling master-planned communities in the United States for seven years.



AREA OvERvIEW

http://www.realizebradenton.com/http://

EDUCATIONThe public education system in Manatee County is administered by the

Manatee County School District. The School District includes 61 schools

and educates over 48,000 students. The area also has several colleges and

universities including the State College of Florida, Everglades University, and

the University of South Florida Sarasota/Manatee campus.

IMG ACADEMYThe IMG Academy was founded in 1978 as the first full-time tennis boarding

school. The IMG Academy campus sits on over 500 acres in the southern

portion of Bradenton. The campus includes a boarding school, 20+ multi-sport

fields, over 50 tennis courts, an 18-hole golf course, two basketball gyms,

10,000+ sf weight room, a 5,000-seat stadium, and the Gatorade Sports

Science Institute. IMG graduates have over earned over 130 all-star roster

spots, 3 Heisman trophies, 63 MVP awards, nearly 110 major championship

titles, and over 30 Olympic medals.

LECOMLake Erie College of Osteopathic Medicine opened their third located in

Lakewood Ranch in 2004. In 2011, the college added a School of Dental

Medicine. The campus includes two lecture halls with 210 seats, 24 classrooms,

and a multi-purpose lab. For the 20174-2018 school year over 770 students

were enrolled in the College.

MANATEE MEMORIAL HOSPITALManatee Memorial Hospital is located on the western edge on downtown

Bradenton. The hospital opened in 1953 as the Manatee Veterans Memorial

Hospital with only 100 beds. Today, the hospital has 319 beds with over 550

physicians, residents, and health professionals. Due to the explosive growth of

the surrounding communities in the past 15 years, Manatee Memorial doubled

its size in 2007, added additional parking, and patient towers. Currently,

construction is underway on a new emergency care center, a 34,000 sf

addition with nearly 50 exams rooms. The hospital also has a location within

Lakewood Ranch called Lakewood Ranch Medical Center. The 120-bed medical

center opened in 2004.

PORT MANATEEPort Manatee is located in northern Manatee County on over 1,100 acres. The

port has 10 berths that can accommodate Panamax size ships with over a

million sf of industrial and office space, as well a 207,000 sf of refrigerated

warehouse space. Port Manatee handles approximately 10 million tons break

bulk, bulk and liquid cargo each year, generating over $2.3 billion in annual

economic impact for the local community, and supports over 24,000 jobs.



AREA OvERvIEW

COMPANY HEADQUARTERSThe Sarasota / Bradenton area is home to several headquarters including

Bealls Inc. Tropicana Products Inc, Feld Entertainment, and PGT Innovations.

• Bealls Inc.: Bealls Inc., a privately held company, was founded in 1915 and has grown to over 530 stores across the Sunbelt region. The company is headquartered in Bradenton, FL and employs over 1,730 people. Bealls Inc. is heavily involved in the local community partnering with charitable foundations such as United Way, Salvation Army, Habitat for Humanity, and Adopt-A-Family.

• Feld Entertainment: Feld Entertainment employs approximately 600 people and is a producer of live family entertainment. Each year, Feld Entertainment puts on as many as 5,000 shows to over 30 million people in 75 countries on six continents. Some of the shows the company produces include Disney on Ice, Monster Jam, and Sesame Street Live.

• PGT Innovations: Located in Sarasota PGT Innovations employs approximately 2,000 people and has been in business for nearly 40 years. PGT Innovations is a leading developer of doors and windows. Over the past few years the company has purchased and expanded its brands by adding companies such as CGI, WinDoor, Western Window Systems, and CGI Commercial. Since 2011, the company’s compound growth rate has surpassed 20% in sales, nearly 30% in gross profit, and 43% in adjusted EBITA.

TOP MEDICAL & HEALTHCARE, TECHNOLOGY, INSURANCE, BUSINESS SOLUTIONS & MANUFACTURING COMPANIES IN SARASOTA / BRADENTON, VENICE AREA:

https://suncoastjobs.com/top-employers-sarasota-bradenton-venice-lakewood-ranch.html

• Blake Medical Center

• Feld Entertainment, Inc.

• Tropicana Products, Inc.

• Beall's Inc.

• Sun Hydraulics Corp

• Lakewood Ranch Medical Center

• Clickbooth

• TriNet USA, Inc.

• FCCI Insurance Group

• BioLucid

• S-One Holdings

• Voalte, Inc.

• Sarasota Shared Services Center

• Sarasota Medical Center

• Northwestern Mutual Suncoast

• Doctors Hospital of Sarasota

• Tervis Tumbler Headquarters

• PGT Innovations


N

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AREA OvERvIEW

1

2

5

4

6 78

9

1011

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141516

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https://suncoastjobs.com/top-employers-sarasota-bradenton-venice-lakewood-ranch.html

14TH

AV

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37TH ST E

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PORT HARBOUR PKWY

16TH

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ARTISAN LAKES PKWY

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17TH ST E

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61ST ST E

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33RD ST W

69THST

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UPPER MANATEE RIVER RD

N R

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RD

23RD ST WFT

HAM

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HERITAGEHARBOUR

PARRISH LAKES

GATEWAYNORTH

CROSS CREEK

TWIN RIVERSPH. 4-C

TREESDIRECT(GDP)

VILLAGESQUARE

RIVER MIST

THE AVIARYNORTH COUNTY

FUEL DEPOT

US 41COMMERCIAL

FPLMANATEE SOLARENERGY CENTER

BUCKEYEMUD PIT

ATV PARK

SAWGRASSGATEWAY

PARRISHCENTREBISHOP

HARBOR GROVEESTATES

7

HARRISON RANCHPH 1a & 1b

1132

MANATEE COUNTYANIMAL CONTROL

N/A

CIRCLE K STORESN/A

REEDER SNELLINDUSTRIAL PARK

N/A

WATERLEFEGOLF AND RIVER

CLUB4

HASCALLENGINEERING

N/A

CROSSCREEK

195

FOXBROOKPH III137

CHIN PATRICIA& STUART

103

PORT MANATEE ACCESSSECURITY CONTROL

N/A

OAKVIEWSUBDIVISION

198

GATES ACRES2

WILDERNESSCROSSING

63

AMERICANOAK

1

SOUTHERN AGINSECTICIDE INC

N/A

GERSHONI(2014)

N/A

JONES OFFICERETAIL

N/A

TRAVIS 55156

GULF COAST CORPORATEPARK PHASE 3 LOTS 3-7

N/A

ESGEDA1

COLONY COVEEXPANSION

N/A

LESLEY COXEQUESTRIAN

N/A

RIVERSIDEPRESERVES

126

KNIGHT ENTPR.N/A

SHOPS AT HARRISONRANCH

N/A

ELLENTON COMMERCEPARKN/A

GILLETTE GROVE141

THEPONDS

94

GAMBLECREEK ESTATES

161

ARTISAN LAKES (GATEWAYNORTH DRI)

N/A

PARKWOOD SQUARESHOPPING CENT. EXPANSION

N/A

PARKSIDE113

XPRESSSTORAGE - US 301 N

N/A

PALMETTOESTATES

200

BOUGANVILLA PLACEF/K/A PRIME VILLAS

105

OAKHURSTSUBDIVISION

92

RYE ACRES6

NORTH ORANGEESTATES

65

CRYSTALLAKE199

VECENERGY - PORTMANATEE TERMINAL

N/A

TWINRIVERS II

398

CONERANCH

N/A

ST. FRANCISCABRINI

N/A

CRYSTALLAKES

II50

VORBECK ATMOCCASIN

720

TRILECTRONN/A

EAST PALMETTOCHURCH OF CHRIST

N/A

AJ BARNESSUBD.

4

MC WAREHOUSEFREEZER

N/A

ROBINSON GATEWAYDRI # 29

N/A

IMPERIAL LAKESCOMMERCIAL

N/A

CANOECREEK

896

OUR LIVESCOMMUNITY

720

GSI SHOPN/A

PARRISHPLANTATION

488

FAIRWAYS @IMPERIAL LAKEWOODS

351

OAKLEAF HAMMOCK

400

REGENCYOAKS I & II

188

OSPREYOIL LLC

N/A

LEXINGTONADDITION

35

MORGANSGLEN

380

ZOESUBDIVISION

1

SUNBURSTACRES

10

MARTIN MARIETTAMATERIALS PORT

N/A

GAMBLECREEK FARM

N/A

GULFSTREAMNATURAL GAS

N/A

NORTH RIVERVILLAGE

N/A

SOUTHERNOAKS

139

TREESDIRECT(GDP)

0

GROWING HANDSCENTER

N/APALMETTO

UPHOLSTERY SHOPN/A

NORTH CO. ELEM.SCHOOL

N/A

TOWN ANDCOUNTRY VILLAS

24

FORESTCREEK

350

LEXINGTON352

PORT MANATEEWAREHOUSE #11

N/A

RAVENCREST

38

RIVER WILDERNESSPHASE III

177

COPPERSTONE (FKAVALENCIA GROVES)

622

HERITAGEHARBOUR

5342

ESTATESOF TILLETBAYOU_

15

CONERANCH

1999

ANCIENTOAKS

246

SUMMERWOODS

N/A

CYPRESSPOND ESTATES

78

BELLA LAGO / VILLAGESOF AMAZON SOUTH

1999

RACE TRAC - 301& ELLENTON

N/A

SUNSET PALMSSUBDIV

3

ANDERSONRACE TRACK

N/A

THE GROVEAT GRAND OAK

83

PARRISHLAKES DRI # 28

3300

BUCKHEADTRAILS

532

CALCUTTA MARINEN/A

MCMULLENCREEK RV PARK

N/A

RIVERSREACH

319

COVERED BRIDGEESTATES PH 4- 5 & 7

338

CREEKSIDEPRESERVE

301

HERON CREEK75

RIVERWILDERNESS PH III

183

MCALEAVEYSUBDIVISION

2

FALLENOAK ACRES

7

OAKLEYPLACE

121

HERONBAY196

MIDDLESCHOOL BB

N/A

FOREST CREEKPHASE 3

113

CHEESMANSUBDIVISION

1

MANDARINGROVE

301

FIRST BAPTISTCHURCH OF GILLETTE

N/A

AMBERGLEN

53

BUCKEYE IND. PARK(FEDEX EXPANSION)

N/A

BBZ IND. (DOLLARGENERAL)

N/AWILLOW

WALK716

PARRISHSTORAGE 2

N/A

301 OXFORD COMMERCIALDEVELOPMENT

168

S.E. GUIDE DOGS- RESIDENCE HALL

N/A

NALANDA ESTATES- 2017N/A

PRICECOMMERCIAL

N/A

WINDINGRIVER

61

GREYHAWKLANDING

797

PLANTATIONBAY PH III

40

TWINRIVERS

545

SHEFFIELDGLENN

99

COUNTRYMEADOWS

247

EAGLE POINTEPH 1 SUBPH A+B

1610

NORTH RIVERVETERINARY CLINIC

N/A

SUMMERWOODS

562

DANACRUSHING YARD

N/A

CURTISSUBDIVISION

1

OLDTAMPA ESTATES

33

KINGSFIELDPH 2-3-4-5

383COVERED BRIDGEESTATES PH 6A-F

176ABERDEEN FKAMEADOW WALK

200

SUGAR MILLLAKES PH II&III

159

DAY PROPERTY/ ALLENTON

N/A

TREVESTA /PENNINGTON PARK

1100

AIRPRODUCTS

N/A

WILDCATPRESERVE

242

ELLENTONLANDINGS

136

WILLOWBEND

279

SILVERSTONE799

CROSS CREEKPH. 1143

INCREASINGJOY MINISTRY

N/A NORTHRIVER

ESTATES97

ELEMENTARYSCHOOL F

N/A

HERITAGEHARBOUR

N/A

LAKESIDE PRESERVE/ SELBY GROVE

171

WOODS OF MOCCASINWALLOW GDP

N/A

WOODS OF MOCCASINWALLOW GDP

361

NORTHWOODPARK

110

FOXBROOK160

KINGSFIELDLAKES

236

RIVERPLANTATION PH 1

457

CHELSEAOAKS

210

BELLA LAGO / VILLAGESOF AMAZON SOUTH

N/A

LEGLER-FLYNNREZONE

63

FLORIDIAN ATMOCCASIN

306

JACKSON CROSSINGS/ PALM VIEW SUB.

142AAA STORAGEHWY 41 EXPAN.

N/A

SILVERLEAF(2018)

165

ELLENTONVENTURE LLC

N/A

PADDOCKS264

JACLYNOAKS

225

MCKINLEY OAKS(FKA MULLHOLLAND

PRESERVE)36

SILVERLEAF879

NORTH OAKESTATES

107

COTTESBROOKESTATES

45

HRK HOLDINGSBULK STORAGE

N/A

EPISCOPALDIOCESE OF SW FL

N/A

WILLOWHAMMOCK

299

THEAVIARY

784

STEWARTGROVE

76

EDGARPRICE CENTER

N/A

DAY SPRING EPISCOPALCONF. CENT.

N/A

PARRISH LAKESDRI # 28

N/A

IMPERIALLAKES(2018)

66

COVENTRYPARK170

HDFL PARRISHDENTAL

N/A

4 STARTOMATO, INC.

MAPLERIDGE

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This map was developed by the Manatee County Geographic Information SystemsDivision. It is provided for general reference and is not warranted in any way.Errors from non-coincidence of features from different sources may exist.The Manatee County BOCC shall be held harmless for inappropriateor unintended uses of the information.Ú

Map Author: Paul HMap Document Name: S:\Images - Maps - GIS\Paul H\Development Concurrency\Concurrency Maps

0 0.5 1 1.5 2

Miles

DEVELOPMENT PROJECTS / CONCURRENCY - NORTH COUNTY

JAN. 2019

RESIDENTIAL APPROVED

RESIDENTIAL COMPLETE

RESIDENTIAL PENDING

MIXED USE COMPLETE

MIXED USE APPROVED

MIXED USE PENDING

GDP - Pending

GDP - Approved

DRI

COMMERCIAL COMPLETE

COMMERCIAL APPROVED

COMMERCIAL PENDING

CONCURRENCY STATUS

Municipalities

PROJECT NAME# OF REMAINING UNITS ORSQ. FT. OF COMMERCIAL

N/A = UNDEVELOPED NON-RES

ENTITLEMENTS

FUTU

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DEvELOPMENT PROJECTSFOR SALEI-75 & Moccasin Wallow RoadManatee County, Florida


AREA OvERvIEW

The argument could be made that North Manatee, rather than Lakewood Ranch, is the current hotspot for development in Manatee County. - Bradenton Herald.


MANATEE COUNTY (NORTH OF THE RIVER SUBMARKET) DEVELOPMENT

This submarket will also detail commercial and governmental development. Generally, the market extends north of the river to Moccasin Wallow Road, and along

both sides of Interstate 75. Our records indicate there are presently 2,407 Vacant Developed Lots and 3,495 being permitted/under construction. Over the 12

month period ending December 31, 2018 there were 467 new home closings with an average purchase price point of $298,500. This suggest 5 years of inventory;

however, our expectation is that velocity will increase significantly given the anticipated price points, lack of future lots in South Hillsborough County. Most new

development is occurring in the Moccasin Wallow corridor, so expect extensive future commercial supporting services.

RESIDENTIAL DEVELOPMENTArtisan Lakes Esplanade – Taylor Morrison (Located in the northwest corner

of Interstate 75 and Moccasin Wallow). This ongoing multi-phase development

is age targeted. Note, the amenity package is nearing completion and new

phases are well underway which will increase lot count by 220. It is believed

the new phase will be ready no later than May 2018. The community offers

four lot products (40’ – Corte Villa, 50’ – Novelli, 60’ La Palma, and 70’

Torino) and is highly amenitized. Presently, they are offering design option

incentives of $5,000, $10,000, and $20,000 as well as $5,000 for closing

costs for all products. They offer sales incentives in a tiering package (3%, 4%,

and 5%). During our inspection we counted approximately 40 homes under

construction. Over the 12 month period ending December 31, 2018 there were

46 new home closings with an average price point of $394,500.

Eaves Bend at Artisan Lakes – Taylor Morrison, Meritage Homes (Located in

the northwest corner of Interstate 75 and Moccasin Wallow). This community

generally has 52’ and 62’ lots. Meritage and Taylor Morrison have models

adjacent to each other; however, they are selling lot/home packages on

opposite sides of the community. Meritage Homes is offering Live Now which

is their sales model where they build all inventory homes with higher interior

build-out. During our inspection we counted 20 Meritage Homes under

construction and 9 Taylor Morrison homes under construction. Note, the Taylor

Morrison sales agent was showing a home to a customer, thus could not be

interviewed. Meritage Homes is offering $5,000 for closing costs and 3% for

outside sales agents. They do not offer design options given their product line

(Live Now). Note, there may be townhome lots developed to the north of the

NON-RESIDENTIAL DEVELOPMENTThere is a new Mobil/7-11 nearing completion in the northwest quadrant of

Interstate 75 and Moccasin Wallow Road. In the southeast quadrant the Publix

anchored shopping center is well underway. There are extensive entitlements,

including hotel, and outparcels. The initial development appears to be a

freestanding Publix with limited in-line tenants. In the northwest quadrant

is signage describing 288 acres with 15 acres designated as pad sites called

Robinson Gateway. A new elementary school is well underway along the

south side of Moccasin Wallow Road, proximate to US Highway 301. Similarly,

there is a new High School under construction along the south side of Erie

Road, proximate to US Highway 301. Wagner Realty is listing pad sites along

the north side of US Highway 301 near Ft. Hamer Road in a development

called Village Square. There is a new AutoZone nearing completion along the

south side of US Highway 301 east of Interstate 75. The massive industrial

site located in the northwest quadrant of Interstate 75 and US Highway 301 is

nearing completion of the initial phase.


AREA OvERvIEW


existing Artisan Lakes Esplanade and Eaves Bend at Artisan Lakes, which will

be similar to those found in Oak Creek in Brandon/Riverview (Hillsborough

County). Over the 12 month period ending December 31, 2018 there were 4

new home closings with an average price point of $249,000.

Woods of Moccasin Wallow – Adams Homes (Located along the south side

of Moccasin Wallow Road, west of Interstate 75). This community is nearing

sellout with 8 homes under construction. Three of the homes are 1820 floor

plans and 3 are the 1512 floor plan. Their sales agent was away, with an outside

sales agent there. HOA is $61.66/month and the community should be sold out

within the next 3 months. Over the 12 month period ending December 31, 2018

there were 23 new home closings with an average price point of $260,000.

Sanctuary Cove – Lennar Homes/WCI (Located along the south side of US

Highway 301 in Palmetto, along the north side of the river). This multi-phase

development will have Lennar Homes as the production builder and custom

home builders selling along the river. Note, the highly amenitized community

does allow some homeowners to have docks and access to the Gulf of Mexico.

HOA is $225/month on Estate lots and $250/month on Grande Estate lots.

WCI is covering closing costs and paying 3% to outside sales agents. During

our inspection we counted approximately 30 homes under construction with

the majority being 2,250 HSF. Over the 12 month period ending December 31,

2018 there were 9 new home closings with an average price point of $491,000.

Summer Woods Preservation – Ryan Homes (NVR), M/I Homes (Located

along the south side of Moccasin Wallow, east of Interstate 75). This multi-

phase development will have Ryan Homes and M/I Homes as the sole builders.

The lot sizes are unknown at the present time. Extensive infrastructure is

developed with water and sewer for initial phases and limited asphalt being

installed. Lots will mostly be platted within 60 days and lots will be purchased.

North River Ranch (Grande Reserve) – Pulte Homes (Located along the north

side of Moccasin Wallow, east of Interstate 75). This multi-phase development

will be developed on 264 acres with the initial phase having typical 40’ and

50’ lots. There is extensive horizontal development completed, but lots will

most likely be platted in 60 to 90 days. Phase 1A will have approximately 200

lots on 125.19 acres. There is no water and sewer completed as of yet.

Bella Lago – DR Horton/Express/Freedom (Located in the northwest corner

of US Highway 301 and Moccasin Wallow Road). Similar to North River Ranch

there is extensive dirt work, water and sewer are in for the initial phase, but no

curbing/asphalt.

Retreat at Lexington (aka Willow Bend) – Ryan Homes (NVR) (Located east

of Harrison Ranch, between Erie Road and US Highway 301). This 279 lot

community on 118 acres is located adjacent to the new High School on Erie

Road. That said, it is not visible from Erie Road, and proximate to Harrison

Ranch (closed Pulte Homes community) on or near Martha Road. We are not

aware of the delivery date of lots or the typical lot sizes, but assume they are

40’ to 60’ typical.

Oakleaf Hammock – Lennar Homes/CalAtlantic (Located south if Erie Road).

This CalAtlantic/Lennar Homes community is nearing completion. Over the

12 month period ending December 31, 2018 there were 24 new home closings

with an average price point of $352,500.

Trevesta – DR Horton, Inland Homes, Pulte Homes, David Weekley Homes

(Located along the east side of Interstate 75 south of 69th Street East) This

ongoing development is being developed as follows: PH I: 316 units PH 2: 139

units PH 3: 343 units. Phase 3 is in permitting at the present time. DR Horton

and Inland are selling in the two eastern pods with the southern pod being

gated (60’) while the northern pod is 50’ and 60’. They report HOA is $343/

quarter for 50’ product, $360/quarter for non-gated 60’ lots, and $480/

quarter on gated 60’ lots. CDD is $1,926/annum, $2,033/quarter, and $2,140/

quarter respectively. DR Horton is offering $4,500 for closing costs and 3%

for outside sales agents with their bonus program. They are nearing sellout

of their lots and will reportedly have lots in Phase 2. DR Horton indicated 22

homes under construction while we counted approximately 5 Inland Homes

units under construction. Pulte Homes is selling in the main pod along the

west side of the main spine road. We counted 20 homes under construction in


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their pod. Pulte Homes is offering $12,000 in flex cash on to be builts and up

to $25,000 off of inventory homes. They offer 3% for outside sales agents with

no bonuses. David Weekley Homes is selling on 60’ lots to the south of Pulte’s

pod and our inspection revealed there were 6 homes under construction. Their

sales agent wasn’t available during our inspection. Over the 12 month period

ending December 31, 2018 there were 80 new home closings with an average

price point of $296,500.

Heron Creek – Maronda Homes (Located along the east and west sides of

Ellonton Gillette Road, south of Interstate 275) This two phase development

is nearing sellout with 45 lots. During our inspection we counted 15 homes

under construction with the majority of the homes being the Drexel floor plan.

Presently Maronda Homes is offering 0 closing costs and 3% for outside sales

agents. Over the 12 month period ending December 31, 2018 there were 24

new home closings with an average price point of $275,000.

Willow Walk – Maronda Homes, Inland Homes, DR Horton/Freedom (Located

in the northeast corner of Ellonton Gillette Road and 37th Street East) This

multi-phase development is offering a variety of lot products. Maronda

Homes is selling out of the sales center in the westernmost entryway. They

are presently offering 50% off of options up to $15,000 or $7,500 off. They

cover 100% of closing costs and 3% toward sales agents. They report the

typical home buyer is the empty nester and the move up buyer. They state 40’

HOA is $108/annum and CDD is $1,882/annum while 50’ HOA is $108/annum

and CDD is also $1,882/year. Maronda Homes has 4 units under construction.

Inland Homes and Freedom Homes are selling out of sales models in the

easternmost entryway. Inland Homes is offering $8,000 toward closing costs,

$1,800 on options, and 3% toward closing costs. Freedom/DR Horton is now

selling on lots in the rear in their own pod. Their HOA is $162/month and CDD

is $150/month. Note, they have a private amenity package. Their pod will have

115 – 50’ lots. They have 5 units under construction. Over the 12 month period

ending December 31, 2018 there were 59 new home closings with an average

price point of $233,500.

Willow Hammock (aka Silver stone) – DR Horton (Located in the northwest

quadrant of Interstate 75 and 37th Street East) This multi-phase development

is being developed along a north south spine road which is outside off the

community. Sales agents reports future pods may be named differently.

Overall, Silverstone South will have 299 lots with either 40’ or 50’ of frontage

typical. HOA is $27.78/month and CDD is $179/month regardless of lot size.

Presently, DR Horton is offering $4,500 for closing costs and 3% for outside

sales agents. During our inspection we counted approximately 70 homes

under construction. Over the 12 month period ending December 31, 2018 there

were 46 new home closings with an average price point of $238,000.

Amber Glen – Highland Homes (Located on the north side of 49th Street

East west of Ellenton Gillette Road). This community is nearing sellout. The

sales office was closed during our inspection. We counted 14 homes under

construction during our site visit and we believe the community will be sold

out within 90 days. Over the 12 month period ending December 31, 2018 there

were 12 new home closings with an average price point of $257,000.

Nalanda Estates – Park Square Homes (Located along the north side of Rye

Road, east of US Highway 301). This community offers paired villas and single

family detached units. During our inspection we counted 8 homes under



Aviary at Rutland Ranch – Builder Unknown (Located along the east side of

Rye road, east of US Highway 301). This multi-phase development will have

a total of 800 units. Lot sizes are unknown and the homebuilders are also

unknown.

Reserve at Twin Rivers – Medallion Homes (Located along the south side of

Golf Cart Road, between the Twin River entrances). This 108 lot community

has typical 100’ lots. Although the sales agent was unavailable nearby sales

agents report they are offering ½ off of homesite premiums and up to

$25,000 for design options. Their HOA is $2,100 per annum. There were 6

units under construction during our site visit.


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Twin Rivers – J. Michael Custom, E.M. Custom, Johnson Homes, M/I Homes,

and Maronda Homes (Located along the south side of Golf Cart Road,

between Ft. Hamer Road and Rye Road). This is an ongoing multi-phase

development with most existing lots being large lot/estate style. That said,

there are new phases that will have patio homes by M/I Homes. In the current

phase located in the southern portion of the community there are 5 home

builders with only Maronda and M/I Homes being considered production.

Maronda and M/I Homes are nearing sellout of their existing lot inventory.

M/I Homes has closed their model and will not have another until the new

phase is complete. Maronda Homes is presently offering 3% to outside sales

agents and all closing costs. Their agent’s assistant reports they only have 3

lots remaining. During our inspection we counted 2 Maronda Homes under

construction, 6 M/I Home homes under construction, 3 Johnson Custom

Homes under construction, 3 J. Michael homes under construction, and 1

EM Custom Homes under construction. Over the 12 month period ending

December 31, 2018 there were 7 new home closings with an average price

point of $452,000.

Canoe Creek – Neal Communities (Located along the south and north sides

of Golf Cart Road, between Rye Road and Ft. Hamer Road). This multi-phase

development is being developed with the most homes located along the south

side of Golf Cart Road; however, we did notice dirt being moved along the

north side. According to sales agents there are three lot products (53’, 65’, and

75’ typical). HOA is $94, $120, and $150/month depending on lot sizes. The

communities has extensive amenities. Neal Communities is offering $2,500 for

design options and $5,000 for closing costs on 53’ lots, $5,000 and $5,000

on 65’ lots, and $7,500 and $5,000 on 75’ lots. During our inspection we

counted 10 homes under construction.

Crosscreek – Meritage Homes, and Medallion Homes (Located in the southeast

quadrant of Ft. Hamer Road and Golf Cart Road). Meritage Homes is presently

offering $10,000 for design/options and $5,000 toward closing costs. They

offer 3% for outside sales agents. Their sales office is located proximate to

Golf Cart Road. Meritage generally sells lot/home packages on 55’ lots and

the HOA is $175/quarter with no CDD. Meritage Homes had 10 homes under

construction. Medallion Homes sales office is located proximate to Ft. Hamer

Road. Presently, they are offering $7,500 toward closing costs and $15,000 in

design incentives for to be builts. They also offer 3% for outside sales agents.

During our inspection we counted 9 Medallion homes under construction.

Note, they report they have an extensive inventory of quick move ins available.

During our inspection we witnessed two new phases under development

(Phase 1B and 1C). Meritage Homes sales agents report they are not going

into these phases. Medallion Homes may be selling lots to another builder.

Over the 12 month period ending December 31, 2018 there were 40 new home

closings with an average price point of $332,000.

Cypress Glen – Lee Wetherington Homes (Located along the west side of

Ft. Hamer Road, north of the river). This 47 lot community appears fully

developed with all infrastructure in. There is one home nearing completion,

but no staff on site.

Silverleaf – Neal Communities (Located along the south side of US Highway

301, west of Ft. Hamer Road). This multi-phase development has a variety

of lot sizes (30’ villas, 32’ cottages, 45’ cruise series, and 52’ celebration).

Presently, Neal communities is offering $5,000 for design and $5,000 for

closing costs on the two largest lot products and $2,500 for design and

$5,000 for closing costs on the paired villas. They offer 3% for outside sales

agents. Note, they report there are no 32’ single family lot product available at

the present time. At the time of inspection there were numerous homes under




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ZONINGFOR SALEI-75 & Moccasin Wallow RoadManatee County, Florida


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FINANCIAL ANALySISRENT ROLL - RETAIL PERMITS PER ZIP CODEFOR SALEI-75 & Moccasin Wallow RoadManatee County, Florida


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CONFIDENTIALITY & CONDITIONSCushman & Wakefield (“Advisor”) serves as the exclusive advisor in connection with the solicitation of offers for the purchase of Robinson Gateway (the

“Property”). The solicitation and potential sale is to be governed by this Confidential Offering Memorandum, as it may be modified or supplemented (“Offering

Memorandum”), and the Purchase Agreement governing the sale of the Property. Prospective purchasers are advised that as part of the solicitation process,

Seller will be evaluating a number of factors including the current financial qualifications of the prospective purchaser. Prospective purchasers are further

advised that the Seller expressly reserves the right, in its sole and absolute discretion, to evaluate the terms and conditions of any offer and to reject any offer

without providing a reason therefore. Further, Seller reserves the right to terminate the solicitation process at any time prior to final execution of the Purchase

Agreement.

The information contained in the Offering Memorandum is confidential, furnished solely for the purpose of a review by a prospective purchaser of the Property,

and is not to be used for any other purpose or made available to any other person without the express written consent of the Seller or Advisor. Prospective

purchasers should also conduct their own due diligence, including, but not limited to, engineering and environmental inspections, to determine the condition of

the Property and the existence of any potentially hazardous material located at the Property.

A prospective purchaser’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection

with the sale of the Property shall be limited to those expressly provided in an executed Purchase Agreement and shall be subject to the terms thereof. In

no event shall a prospective purchaser have any other claims against Seller or Advisor or any of their affiliates or any of their respective officers, directors,

shareholders, owners, employees or agents, for any damages, liability, or causes of action relating to this solicitation process or the marketing or sale of the

Property. Prospective purchasers are not to construe the contents of the Offering Memorandum or any prior or subsequent communications from Seller

or Advisor or their affiliates or any of their respective officers, directors, shareholders, owners, employees or agents as legal, tax or other advice. Prior to

submitting an offer, prospective purchasers should consult with their own business advisors, legal counsel and tax professionals to determine the consequences

of an investment in the Property and arrive at an independent evaluation of such investment.


CONFIDENTIALITy & CONDITIONS

Bruce K. Erhardt, ALCExecutive Director+1 813 223 [email protected]

Patrick BermanManaging Director - Retail+1 813 204 [email protected]

Wendy Giffin Director+1 727 599 [email protected]

©2019 Cushman & Wakefield The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s client and the property offered by Cushman & Wakefield, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of Cushman & Wakefield’s

agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)

Cushman & Wakefield of Florida, LLCOne Tampa City Center

Suite 3300Tampa, Florida 33602






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B 8.0 acres $15.00 - $22.00 PSF



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Hotel 2150 ROOMS

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