Continued Growth for Pasco County
The SR 54 / 56 Corridor continues to expand. With the opening of the SR 56 highway, the Corridor is 25 miles long and is the first time there is a four lane road system extending almost the full width of Pasco County.
Along this Corridor are more than 15 new residential communities under construction, more than 160 cafe/restaurants, expansion of elementary and secondary schools and an expected population growth in excess of 20%.
Pasco Property Taxes Increase
Property values are going up which is the good news. But, because the property values are going up, the there will be higher tax bills to pay. However, the Florida Save Our Homes Program will limit the total tax increase to 2.7%. The County’s budget director calculates that the average annual property value increased by 9% in assessed value.
Pasco Tax Increase
Property values are going up.
SR 56 Extends to Highway 301
State Road 56 extension is open. This is the first east/west four lane road running from US 301 in the East to Highway 19 in the west. The project took three and half years at a cost of $60 million. The extension is six miles long with intersections at Highway 301 and Morris Bridge Road.
Finished and open
SR56 to US 301
Avalon Park West
Avalon Park West continues development. Located seven miles east off Highway 75 on SR 54. Avalon Park West is planned to be 1,650 acre master planned community with 4,400 single family homes and 10,000 residents. Included in the project will be new schools and a 130,000 square foot mixed commercial development also accommodating rental apartments. Starting prices for the regental community is $200,000.