Mission Village at Palm River - SOLD

Hillsborough County

Overview

Palm River is a 40.5-acre mixed use development located at the southeast corner of Falkenburg Road and Palm River Road in the City of Brandon in Hillsborough County, Florida. It is approximately 7 miles from downtown Tampa and less than 1 mile from the Westfield/Brandon Town Center, a major shopping destination in the Tampa region boasting 974,000 s/f of retail space. The Development is surrounded by a mix of uses, including residential, commercial, retail, and light industrial, which are located within high traffic Brandon Blvd, SR 60, Lumsden, and Bloomingdale Avenue Corridor. The site is within walking distance of Bass Pro Shops and Topgolf.

The Project, known as Mission Village, is fully entitled and site planned for 225 residential units, consisting of 54 flats and 171 townhome. The community enjoys a fully constructed pool and clubhouse recreational facility, which is available for use by residents. Mission Village, the residential portion of the development, is adjoined by a 19.5 +/- acre planned multi-family site, which is currently under construction by an apartment developer.

	Taylor Morrison / 3rd Party	SPE	TOTAL
Flats	18	36	54
Homes	94	77	171
Total	112	113	225

LREA Realty has been engaged to market property planned for 77 townhomes and 36 flats, a total of 113 developed lots/pads. The property is served by master infrastructure with roads and drainage and is subject to CDD Debt and O&M assessments. The remaining property is owned by Taylor Morrison Homes and other third-party purchasers.