New Hospitals in New Tampa Update

This past week, the two proposed hospitals in New Tampa / Wesley Chapel that presented their application/petition to the State for the Certificate of Need were denied. Additionally, the third proposed new hospital in the area (Connerton) was also denied. There were a total of ten hospitals that were petitioning to add/build in the state. Nine of the ten were denied, and the tenth withdrew its application.

Spokespersons for the proposed new hospitals in the area indicated that they would appeal.

Russ Perlowski, Real Estate Agent, Exit KG Realty

www.MyRealtorInTampa.com

New Tampa Meat Market to open in July

Brother's Market is scheduled to open in Live Oak (New Tampa) in July. The family owned business will sell beef, pork, & chicken along with deli sandwiches, & take out entrees.
Store hours will be from 10:00 a.m. to 7:00 p.m. M-F, and from 10 to 5 on Saturday. The Market's location is: 20305 Bruce B. Downs

Florida Home Appreciation 2nd Highest in Nation. Tampa Homes in top 20 cities!

The Tampa Tribune reports that Tampa was among the nation's top 20 metro areas with the highest appreciation. According to a report from the Office of Federal Housing Enterprise Oversight, existing home sales rose 27 percent during the first quarter of 2006 compared to the previous year. The rates of appreciation within Tampa, varied by neighborhood with the homes in the hottest communities of New Tampa and South Tampa generally benefitting from the highest appreciation percentages.

The rate of appreciation is slowing; summer has brought slower appreciation due to a decrease in demand and higher inventory. According to Andrew Leventis, an economist with the housing enterprise oversight office: "Housing prices have risen, inventory is rising, and it's taking longer for folks to sell their homes."

Interested in buying or selling a home? Contact Russ Perlowski, Exit KG Realty---(813) 494-2124
www.MyRealtorInTampa.com

April Home Sales Stats for New Tampa & Pasco from Greater Tampa Association of Realtors

New Tampa had 72 reported sales in April with an average sales price of $420,040. Average Days On Market was 44.

Pasco County had 298 home sales in April, with an average sales price of $251,300 and the average days on the market was 55.

Note: These numbers do not reflect private sales or new construction.

Interested in Buying or Selling a home? Give Russ Perlowski, People's Choice Realtya call at (813) 494-2124 or (800) 718-3948. Also visit my website at:
www.TampaHomesOnTheWeb.com

Another New Tampa Brunch Option!

Ciccio & Tony's is now serving Brunch on Saturdays and Sundays from 9:00 a.m. to 3:00 p.m.
They are located at 16019 Tampa Palms Blvd, in Tampa Palms (813) 975-1222.

The Shoppes of Wesley Chapel -- More shopping in "New Tampa"

It appears that New Tampa / Wesley Chapel will soon become the shopping mecca of Tampa. With the announcement of so many malls (see previous posts) to be built in such a small area, those of us fortunate enough to live here should have access to easy shopping. The Shoppes of Wesley Chapel will be located on Bruce B. Downs 1/2 mile North of S.R. 56. With a proposed 42,000 square feet, the $15 million shopping center will include a latin cafe, a Quiznos, and another Exit Realty office. Exit Realty, an international real estate firm now has over 140 offices in Florida alone and continues to grow rapidly.

The Shoppes of Wesley Chapel will be close to homes in Seven Oaks, Meadow Pointe, and the planned Wiregrass Ranch community.

Interested in Buying or Selling a home? Contact Russ Perlowski: Exit KG Realty.
(813) 494-2124. www.MyRealtorInTampa.com

New Homes & Road Extension in New Tampa

For over a year there have been rumors about Kinnan St. in Cross Creek being extended to connect to Mansfield. This would provide Live Oak Residents who reside in Hillsborough County another route in and out of their community. Three builders have plans to build 2,500 new homes in this area of Tampa and a 200,000 sq. ft. shopping center in the K-bar ranch.

Meadow Pointe residents however oppose the Kinnan-Mansfield connection as Mansfield is only a two lane road that currently dead ends at the two new Pasco County schools currently under construction. Once S.R. 56 is extended, it will connect to the Mansfield extension as well as Meadow Pointe Boulevard. Many Meadow Pointe residents prefer that Kinnan road be connected to Meadow Pointe Boulevard in Pasco Co.

Pasco County Assistant Administrator, Bipin Parikh opposes the application to connect the roads until S.R. 56 is extended. The extension of S.R. 56 could take another year or so. So, in the meantime there appears to be a standoff between the two counties and a road may be in the process of being extended that will go to nowhere!