Avalon Park Wesley Chapel begins construction of 3-story, 73,067 SF mixed-use building with a food hall called the Marketplace at Avalon Park and the 4th location of the globally connected co-working space, The 5th Floor.
Wesley Chapel, FL (June 2, 2022) – Avalon Park Group/sitEX announced today that they have entered into an agreement with Lema Construction to start construction on the first phase of Downtown Avalon Park Wesley Chapel.
According to the agreement, the 3-story, 73,067 SF mixed-use building starts construction June 2022 and plans to include 40 multi-family apartments and 23,720 SF of commercial/retail space on the ground floor. Initial plans for the commercial/retail space include an approximately 12,000 SF food hall called the Marketplace at Avalon Park and the 4th location of the globally connected co-working space, The 5th Floor. Both concepts have been successful since their opening in 2021 in the flagship Avalon Park Orlando.
“This phase of construction really helps us move even closer to that vision of building a place where families can build memories and traditions together in a town they can call their own,” says Beat Kahli, CEO, Avalon Park Group/sitEX. “And while this may not be the most cost-effective time to begin construction, we feel like it is important to continue on to the next step in developing our vision for Avalon Park Wesley Chapel.”
Additionally, a 2-acre community park with an amphitheater is in permitting and will begin construction later this summer. The park will host community events such as Avalon Aglow and Fourth of July celebrations, as well as community partners like Jazz Under the Starz and The Wesley Chapel Theater Group, who are already hosting events and activities in the community. Construction of both the park and mixed-use building are scheduled for completion in late 2023.
“We have been working with Pasco County over the past several years to develop a program that will be a win-win for the entire Wesley Chapel community,” Kahli says. “Community partnerships are vital to our mission to change the way the world lives, learns, works and plays, by creating a place where everyone can feel like they belong.”
Upon completion, Avalon Park Wesley Chapel will encompass more than 1,800 acres and will host approximately 400,000 square feet of retail and 100,000 square feet of office space in its downtown. The initial construction in Downtown Avalon Park Wesley Chapel began in 2018 with the addition of the Pinecrest Academy K-7 Charter School. Pinecrest is also now under construction of its second phase which includes the addition of approximately 600 6th-8th grade student stations.
The community is invited to attend the groundbreaking ceremony on Thursday, July 14th, 4-6 pm at the construction site, 33613 SR 54, Wesley Chapel, FL 33543. Refreshments will be provided, and guests will enjoy performances and entertainment by community partners, Jazz Under the Starz, The Wesley Chapel Theater Group and the Pasco County Fine Arts Council.
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