Wesley Chapel, FL (March 27, 2023) – Avalon Park Group announced today that they have partnered with Nye Commercial Advisors, LLC to lease 23,720 SF of commercial/retail space in the 73,067 mixed-use Building, “DT1,” in Downtown Avalon Park Wesley Chapel.
DT1 is the first of three buildings planned for the first phase of the downtown section of the master planned community. The 3-story building is comprised of 23,720 SF of commercial/retail space below 40-unit multi-family, for rent apartment homes. The additional components planned for phase 1 consist of a 97,000 SF mixed-use building with 21,000 SF of commercial/retail space below 60-unit multi-family for rent apartment homes, a 103-unit multi-family building and a 2-acre town park, which will break ground later this year.
“Our relationship with the Nye team goes back more than 30 years when we initially purchased the property,” says Beat Kahli, President and CEO of Avalon Park Group. “Nye’s deep roots in the Wesley Chapel community and their commercial expertise, make them the perfect partner to bring needed commercial uses to Downtown Avalon Park and east Pasco County.”
Upon completion, Avalon Park Wesley Chapel will encompass more than 1,600 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.
“Wesley Chapel continues to grow each day,” says Brent Nye, Executive Director of Nye Commercial Advisors. “We welcome the opportunity to bring the businesses and services needed to Downtown Avalon Park Wesley Chapel, which will serve as a downtown for the entire region.”
For more information on Downtown Avalon Park Wesley Chapel, visit here or call 813-783-1515. For more information on leasing in phase one, call 813-973-0214.
About Avalon Park Group/sitEX
Avalon Park Group/sitEX is a uniquely diversified family of companies engaged in businesses ranging from master-planned community development, to mining and property management, in Florida, Texas and Switzerland. With more than $1 billion in total assets, Avalon Park Group/sitEX combines its exceptional reputation, sound business experience and significant financial resources to invest in extraordinary opportunities. At Avalon Park Group/sitEX, our mission is to change the way the world lives, learns, works and plays through creating healthy sustainable communities and every aspect thereof. Avalon Park Group/sitEX develops communities like Avalon Park, where our residential villages are surrounded by preservation, fields, and ponds that are interconnected by roadways, pedestrian walks, and trails that provide effortless access to For more information on Avalon Park Group/stiEX, visit www.AvalonParkGroup.com or call 407-658-6565.
About Nye Commercial Advisors
Nye Commercial Advisors is an integrated commercial real estate firm providing investors and clients alike a single source solution for all their real estate needs. Their regional market insight coupled with their deep roots in surrounding communities give them the ability to create solutions to complex projects and help drive real estate portfolio performance for investors, ultimately increasing their asset’s value. For more information on Nye Commercial Advisors, visit https://nyecommercial.com/ or call 813-973-0214.
Media Contact: Stephanie Lerret, Avalon Park Group, 407-427-6073