56th Street Infrastructure Assessment

Future Land Use and Planned Development The primary future land use in the redevelopment area is identified as Light Industrial. There is a portion of the redevelopment area that is categorized as office commercial and community mixed-use at Orient Road and Hillsborough Avenue. The Public/Quasi-Public future land uses are government- owned land which includes King High, Tampa Bay Tech, and the Hillsborough County Schools Logistics Warehouse. Currently, there are approximately 224 acres of Planned Development (PD) within the redevelopment area. One PD area includes a 27-acre industrial site that is currently under development construction, located along Harney Road between Hillsborough Avenue/US 92 and Hanna Avenue. This site is an example of a Competitive Site, defined by the Hillsborough County Economic Development Department. The Competitive Sites Program identifies locations with the capacity to support targeted industry office/industrial development and crafts policies and programs to guide public sector engagement and investment to meet economic development objectives. Most competitive sites have an approved Planned Development or Development of Regional Impact (DRI) Development Order with a minimum of 100,000 square feet of office and/or industrial entitlements or the site has appropriate zoning that allows for a minimum of 100,000 sf of office/industrial targeted industry development. Competitive sites located in the redevelopment area have a lower threshold with a minimum of 50,000 square feet. The redevelopment project locations shown in Figure 5 are part of Hillsborough County’s Targeted Redevelopment Grant program. The grant program targets development and uses in areas that are traditionally seen as declining in value or are underutilized relative to their location and existing built infrastructure. In the 56th Street Redevelopment Area, these sites include site development and construction for manufacturing and warehouse uses. In the 2017 Market Analysis for the redevelopment area, five Key Vacant Buildings were identified as qualified sites for multiple incentives including site permitting review and fee assistance, grants for site development and improvements, and intentional marketing strategies for qualified properties. Of the five vacant properties identified in the analysis, all five are now occupied warehouse spaces and one property is a part of the redevelopment grant program. In addition to vacant space becoming leased, the market analysis estimated an additional demand of 100,000 to 325,000 square- feet of net new industrial space by 2023. These estimates are based on job growth forecasts by the Florida Department of Economic Opportunity and do not include redevelopment generated through the County’s Targeted Redevelopment Grant Program.

10 56th Street Redevelopment Area Infrastructure Assessment Hillsborough County

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