WESLEY CHAPEL, Fla. (July 9, 2014) – The first tenant in Phase II of Compark 75 – the first industrial speculative development built in Tampa Bay in over five years – is scheduled to open its doors next month. The Pasco County Tax Collector’s office plans to open its new Wesley Chapel location in a 10,000-square-foot space in the commerce park in early August.
The office opening brings 30 full-time jobs to Wesley Chapel and is anticipated to serve 6,000 to 8,000 customers per month during peak seasons.
About $1 million of taxpayers’ money will be invested to purchase what’s needed for the new office, including furniture, countertops, security, a numbering system and state-of-the-art equipment, according to Pasco County Tax Collector Mike Fasano.
“The Compark 75 facility is something everyone will be proud of,” said Fasano. “It’s a huge investment in Wesley Chapel and will have a great economic impact on our county.”
Fasano searched Pasco County extensively for space large enough to accommodate his needs but had difficulty finding a suitable location, until the space at Compark 75 became an option.
“Before Compark 75, Pasco County had very little inventory to accommodate large tenants,” said Heidi Tuttle-Beisner, CCIM, of Commercial Asset Partners Realty (CAP), the exclusive listing agent for Compark 75. “This project provides this market with a valuable opportunity to attract large businesses that can come in, have everything designed to fit their exact needs and be up and running in three to six months.”
Compark 75 is the most contemporary industrial park in the north Tampa Bay metro market and offers zoning flexible enough to accommodate almost every use.
“With Compark 75’s state-of-the-art facilities, close proximity to Interstate 75 and ability to accommodate light industrial, warehouse, manufacturing and office tenants, we are thrilled to offer an attractive option for a wide variety of businesses,” said Larry Morgan, owner of Compark 75.
Phase I’s Buildings A and B, totaling 108,000 square feet, are nearly fully leased. Leasing is now underway for Phase II’s Buildings C and D, totaling 129,510 square feet.
“With the Pasco Economic Development Council offering generous incentives to qualifying businesses that relocate to Pasco County, Compark 75 will bolster those efforts by bringing more quality commercial real estate product to the market,” said Ross Kirk of KVR Industrial Group, Compark 75’s developer.