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T. Rowe Price May Have Eye On Pasco

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Published: December 28, 2008

LAND O' LAKES - Financial services firm T. Rowe Price has applied for a development permit for a 95-acre site off State Road 54.

The company applied Dec. 17 for an environmental resource permit from the Southwest Florida Water Management District. The site is part of the Long Lake Ranch project south of S.R. 54 at Sunlake Boulevard.

T. Rowe Price has yet to confirm any final decision on a location for a 1,200-job expansion of the 435-person operation now based in the West Shore section of Tampa. Pasco County is one of five possible locations for the expansion and the only one in Florida.

The company's Pasco plans would produce a three-building campus, each building encompassing 150,000 square feet. Construction could start in 2010, county officials have said.
County commissioners approved a $13 million incentive package last month in hopes of bringing T. Rowe Price to Pasco. The package included $7 million in county fee reductions and road construction and another $6 million in state funds.

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