Oneco - UNDER CONTRACT

This hard cornered commercial/mixed use opportunity is currently zoned LM (Light Manufacturing) and is well-suited for the development of a retail, industrial, office or residential space. The Future Land Use of “ROR” and its urban corridor designation can allow a potential developer to achieve 3 to 9 units per acre via an Administrative Amendment. Additional densities and uses can be achieved per Element 2.2.1 of the Manatee County Comp Plan.

The property is depicted as 42± acres being a residential component and 9.5± being the commercial component, but can be modified as needed.

The site is positional on the signalized intersection of 15th Street East and 44th Avenue East. 44th Avenue East has undergone extensive improvement that will ultimately extend 44th Ave. E. eastward over the Braden River and will provide and alternate route over I-75. This expansion will expose the site to more commercially favorable demographics and higher traffic counts. The extension project is currently in its 5th phase and has been completed up to 45th Street East from State Road 70 to 44th Avenue East. Phase 5 continues the extension of 44th Avenue East to west of I-75 and is projected to be completed in 2022. The final and 6th segment also referred to as “Phase 2” (which is still in the design and permitting stage) will include an I-75 overpass and extend just west of Lakewood Ranch Blvd. Please see page 8 for more detailed information.