In a significant move for the Tampa Bay region’s growth trajectory, primary infrastructure work has begun on an ambitious 785-acre mixed-use development in Pasco County. The project—named Kinfield—is located at the northeast corner of Interstate 75 and State Road 52. (Business Observer)
A Game Changer for the Commercial Real Estate Landscape
For our firm—providing full-service commercial real estate solutions—this development opens a broad array of opportunities for commercial leasing services, commercial listing services, and commercial investment property services. Kinfield will feature:
- Up to 3 million square feet of industrial space. (Business Observer)
- Approximately 190,000 square feet of commercial space. (Business Observer)
- Some 500,000 square feet of office space. (Business Observer)
- A 250-room hotel. (Business Observer)
- Residential components: 1,550 apartments and townhouses plus 600 single-family homes. (Hines)
From the vantage of commercial property advisors and commercial real estate brokers near me (in the Tampa Bay / Wesley Chapel / Pasco corridor), these figures translate to meaningful demand in tenant representation, property management, and long-term investment advisory roles.
Infrastructure Kickoff and Market Timing
Master infrastructure work—covering roads, utilities and public amenities—began in earnest and is expected to be completed by the second quarter of next year. (Business Observer) That includes a key segment of the Orange Belt Trail (a 40-mile regional trail) that will thread through the development, enhancing placemaking and accessibility. (Business Observer)
The project was rezoned as a master-planned unit development (MPUD) in May 2024, enabling a more integrated mix of uses. (Business Observer) For commercial real estate firms and agents operating in this region, that means a structured rollout sequence: earlystage pad sites → larger building sites → accompanying retail/office/residential synergy. It’s an ideal environment for those offering commercial real estate development company services as well as brokerage for emerging land parcels and usage rights.
Strategic Advantages for Tenants and Investors
Kinfield is positioned within one of Tampa Bay’s fastest-growing suburban submarkets. Its location at I-75 & SR-52 offers frontage and connectivity that appeal to industrial, logistics, and distribution users. (Kinfield Industrial) For commercial investment property services, the scale and visibility matter: build-to-suit industrial users, multi-tenant office, and mixed-retail anchors all stand to gain from the growing labor pool, highway access, and design flexibility.
Additionally, the development is designated as a “Gateway Hub” under Pasco County’s comprehensive plan, and qualifying industrial users may benefit from tax-incentive packages (including ad valorem tax reimbursements) and expedited permitting. (Showcase) That makes this project especially interesting for commercial real estate brokers and advisors seeking to highlight value-added properties and incentive-enhanced site opportunities to clients.
What This Means for Local Commercial Real Estate Services
As a full-service commercial real estate firm serving the Tampa Bay region (including Wesley Chapel, Pasco County, and beyond), this development expands our universe of listings and leasing opportunities. For example:
- Commercial leasing services: Representing tenants seeking industrial, office or retail space within Kinfield as sites become available.
- Commercial listing services: Marketing land parcels, pad sites, and future building shells to investors and developers.
- Commercial property management: As portions of the development go live, ongoing property management will become necessary for retail/office strips, multi-tenant logistics parks and residential/retail-mixed podiums.
- Commercial investment property services: Advising investors on acquisition, disposition, and repositioning strategies tied to the growth dynamics of Pasco County and the Tampa Bay market.
- Commercial property advisors: Helping clients navigate incentives, zoning (MPUD), site planning, and long-term hold strategies in a market that is rapidly evolving.
Our team of commercial real estate experts in Tampa Bay is well-positioned to engage early with the Kinfield development cycle. Whether you’re a tenant looking for a best-in-class industrial footprint, an office user seeking new suburban-campus configuration, or an investor evaluating long-term commercial investment property services, we’re ready to guide you.
Why This Matters for Pasco County and the Region
The scale of Kinfield means more than just square feet—it signals job creation, housing supply, amenity development and stronger market fundamentals for both commercial and residential sectors. As Hines notes, the project is intended to serve as a major economic hub for Pasco County. (Homes.com) In turn, that strengthens the value proposition for brokers and advisors who are active in the region.
For businesses, it means the ability to align operations with growing labor force availability and infrastructure improvements. For investors, it means tapping into a market with rising population, quality of life amenities, and institutional-scale land use planning. For our commercial real estate services practice, it means the emergence of new opportunities for asset creation, leasing, management and investment advice.
Next Steps for Interested Clients
If you are seeking to lease, purchase or invest in commercial real estate in the Tampa Bay / Pasco County region, now is the time to engage. With the infrastructure underway at Kinfield and marketing of parcels already active, potential early-mover advantages exist. Whether you need site selection, lease negotiation, incentive coordination, or asset management support—our commercial real estate agents Wesley Chapel and broader Tampa Bay team are ready to support you.
We invite you to contact us for a consultation. We bring deep experience in commercial real estate services, commercial property management, and full-service delivery—from listing to leasing to long-term asset oversight.
This article was published by Nye Commercial Advisers, an integrated commercial real estate firm serving investors and clients across the Tampa Bay area.
👉 Learn more at nyecommercial.com or call (813) 973-0214.
External Links for Further Reading:
- Hines news release on Kinfield: Hines Breaks Ground On 785-Acre Mixed-Use Project In Pasco County (Hines)
- Business Observer article: Early work starts on 785-acre Pasco County development (Business Observer)
- https://images1.showcase.com/d2/YU09U2C0PxlfT-lxktgQRce86RlTHwE2nJoljyhqD64/document.pdf