Happy Wednesday!

Pasco County is drawing a lot of attention with its new projects and big companies coming to the area! It’s become the perfect environment for compounded economic growth.

We’re also taking a look at how you can get the most out of your summer before it’s over and how “exurbs” are growing.

—Sean

🤩 The Future of Business is Bright in Pasco County

Driving the news: Pasco County, FL, is rapidly emerging as a prime destination for businesses, thanks to its strategic location, abundant space for development, and supportive local government.

Details:

• Location & Accessibility: Pasco County's proximity to the Tampa Bay region offers businesses easy access to major transportation hubs like Tampa International Airport and Port Tampa Bay.
  

• Available Space: Over 2,200 acres of land and 700,000 square feet of speculative space are ready for industrial and office developments.
  

• Target Industries: Key sectors include Advanced Manufacturing, Aerospace, Life Sciences, High Technology, and Logistics.

Why it matters: Pasco County’s growth trajectory and business-friendly environment provide significant opportunities for companies looking to expand or relocate.

The local government’s incentives, low operating costs, and strategic location make it an attractive option for businesses.

The big picture: Pasco County's population is nearing 600,000, with projections reaching up to 1 million by 2050.

The region is investing in master-planned developments to create vibrant communities that integrate residential, commercial, and recreational spaces.

Between the lines: Pasco County’s proactive approach, including the Pasco Ready Sites Program, prepares large tracts of land for development, attracting major companies like Amazon and Bauducco Foods.

What’s next: Continued growth in the healthcare and life sciences sectors, with Moffitt Cancer Center’s expansion poised to make Pasco a hub for biotech and medical innovation.

The bottom line: Pasco County offers a dynamic environment for businesses with its strategic location, ample development space, supportive government, and thriving community.

The region’s growth and investments promise a bright future for new and existing businesses alike.

🏡Prime Lot Ready for Your Dream Home in Brooksville

For $56K, you can have this lot to build the house you've always dreamed of! 🤯

Highlights:

🏠 Private living while being only minutes from Spring Hill and Brooksville
🌳0.70 Acres lot
❌No HOA Or CDD Fees
🛍️ Minutes from excellent Restaurants, Schools, and Shopping
🚘 Close to Suncoast Parkway for an easy commute to Tampa, Orlando, and beautiful beaches.

📍0 Drew St, Brooksville, FL 34604

☀️ Sun, Fun, and Eco-Friendly Waters: Mirada Lagoon in Wesley Chapel

Driving the news: If you're looking to make the most of the last days of summer, you can't miss Mirada Lagoon! This sprawling artificial lagoon is located in Wesley Chapel, and offers a tropical paradise experience and fun for everyone.

Details: Mirada Lagoon spans 15 acres and offers an array of activities catering to diverse interests. Whether visitors seek relaxation on the beach, engage in water sports, or indulge in refreshments at the poolside bar and eatery, there's something for everyone.

The lagoon's central island features a swim-up bar and a thrilling waterslide, creating a perfect setting for adults and children.

The beach area allows for sun-soaking and shallow water play, providing a serene and enjoyable experience for all ages.

A state-of-the-art facility: Crystal Lagoons, a renowned company specializing in constructing and developing artificial lagoons, has set a new benchmark with Mirada Lagoon.

This impressive aquatic attraction introduces cutting-edge technology to maintain the water's clarity while minimizing environmental impact.

Compared to traditional swimming pools, the lagoon consumes a fraction of the water and chemicals, making it an eco-friendly choice. Additionally, the innovative filtration system reduces energy consumption by up to 100 times.

What they're saying: "Its crystal-clear waters and sustainable practices are a testament to Crystal Lagoons' commitment to innovation and environmental responsibility." - Aquatics Expert Dr. Jane Wilson.

The bottom line: Mirada Lagoon is the best place to enjoy the last days of summer. It offers fun for everyone while also showing commitment to nature and the well-being of its visitors.

🏠Housing Trends 2024: Exurbs Outpace Cities and Suburbs

Driving the news: The trend of moving to exurbs, once remote areas with fewer than 250 residents per square mile, is accelerating.

A new report by StorageCafe shows that over the past decade, housing inventory in exurbs has grown by 15%, outpacing suburbs (14%) and principal cities (10%).

Why it matters: This migration towards exurbs signifies a shift in lifestyle preferences, particularly among younger generations.

Millennials, now in the parenting stage, require larger homes with backyards. Gen Z, prioritizing affordability and open spaces, finds exurbs appealing.

The big picture: Flexible work arrangements and the post-pandemic desire for more space are driving growth in suburban and exurban areas.

These regions offer attractive amenities, such as natural scenery, high-performing schools, and access to urban job markets, appealing to remote workers and retirees.

Between the lines: High-growth exurbs, previously characterized by low population density, are now transitioning to suburban status due to increased housing and population densities.

Examples include Blackwells Mills, NJ, and Celina, TX, which have seen significant boosts in housing inventory and population.

What’s next: As suburban and exurban living continues to grow, it challenges efforts to bring employees back to urban offices.

The lasting impact of this shift remains uncertain, but it's clear that the demand for more spacious and affordable living options is reshaping residential landscapes.

The bottom line: The rise of exurbs is reshaping American living preferences, driven by the needs of Millennials and Gen Z for affordable, spacious, and community-oriented environments.

This trend highlights the evolving dynamics of housing markets in response to changing work and lifestyle priorities.

📊 Our Current Local Market Data:

The Tampa and Pasco markets are HOT as we get into the peak summer months!

I am happy to help you create a real estate strategy that will allow you to navigate the current market.

If you ever have questions, don’t hesitate to ask.

If you’re curious how much your home could sell for now, then reply “What’s my home value” or you can get an estimated value here.

Or if you’re just curious about how the current market affects your situation & what’s going on in your specific neighborhood, just reply & ask.

📰 In Other News:

• Tampa Celebrates its 137 Year History
  

• Crews break ground on One Tampa high-rise, set to be city's tallest residential tower
  

• Top things to do this week: Sunrise Sale, art exhibits and two musicals

That’s all for today, I hope you have an amazing week!

If there’s ever anything you need:

• a custom market or home value report

• a home services list for a reliable contractor or services professional

• feedback or a professional opinion on a home project

Just let me know! We’re here to help with all your home needs.

Talk soon,

- Sean, and the Bello Home Team

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