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Temple Terrace OKs Redevelopment Plan

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Joyce McKenzie / Tampa Tribune

Published: December 18, 2007

TEMPLE TERRACE - The Temple Terrace City Council has approved a plan it hopes will take the community closer to revitalizing a blighted 17.5-acre commercial area southeast of Busch Boulevard and 56th Street.

The council voted Tuesday night to sell the property to developer Ram/Pinnacle for $15.4 million.

Plans call for the developer to transform the area into a New Urbanism-style project including residential, office, commercial and civic elements.

A development agreement is expected to be signed by April 1, and the closing date on the property sale is slated for July 1.

Reporter Joyce McKenzie can be reached at (813) 865-4849 or jmckenzie@tampatrib.com.

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Temple Terrace OKs Redevelopment Plan

Joyce McKenzie / Tampa Tribune