The Oldsmar City Council recently approved a development agreement that paves the way for a 164-unti townhome community, Bayside Terrace, to be constrcuted on a vacant parcel of land at the soutwest entrance to the city.
The Oldsmar City Council unanimously approved a development agreement on Tuesday, paving the way for the construction of a 164-unit townhome community on a vacant parcel of land at the southwest entrance to the city.
The agreement with Sarasota developer Mattamy Homes calls for the construction of Bayside Terrace, a gated community on Shore Boulevard off State Road 590.
In addition to constructing the townhomes, which will reportedly start from the mid-$200,000 range, plus a private boat dock, Mattamy agreed to donate a portion of the 24-acre parcel to be used as a public park, a decision the council was quick to praise.
“They’re giving us land, I believe three-quarters of an acre, to put a park in,” Oldsmar Mayor Doug Bevis said after the city agreed to enter into the agreement with Mattamy in early August.
“I’m excited about it. That property has been vacant for so long.”
During that August meeting, Mattamy representative Mac McGraw outlined a timeframe for construction.
A screenshot of the plans by Mattamy Homes to build a 164-unit gated townhome community at the southwest entrance of Oldsmar. Note the area designed as city parkspace in green at the top of the graphic. (City of Oldsmar)
“We have an outside closing date that’s just before the end of the year, and we’re looking to get through this process really by early October,” McGraw told the council on August 2. “I would imagine it being the first or second quarter of next year before we could start development.”
While the approval process took a bit longer than expected, Tuesday the five council members unanimously approved three items related to the project, including a land use amendment, a rezoning request, and the development agreement itself.
Oldsmar Mayor Doug Bevis.
After the vote on the final item, Mayor Bevis, who during a previous meeting credited this and the Woodlands Square redevelopment project as keys to the “rebirth” of that side of the city, asked McGraw if they were planning on having a ground-breaking ceremony to mark the occasion.
“We normally don’t do them, but we can do one,” McGraw replied.
“That’d be great,” Bevis said.
“We’re a ground breaking kind of city!” Council member Gabby McGee added.