Opportunities for residential tax diversification crossed a new threshold last week in Sumter County.
The Sumter County Commission unanimously approved a 30-year development agreement that permits The Villages to develop a 431-acre industrial-commercial property within the Florida Crossroads Industrial Activity Center south of Wildwood and east of Interstate 75.
Local job growth and tax diversification got a boost last week thanks to The Villages.
The Sumter County Commission approved a rezoning application that would allow up to 1.75 million square feet of industrial-commercial space on a 431-acre site within the county’s Florida Crossroads Industrial Activity Center south of Wildwood and east of Interstate 75.
Primus Pipe and Tube, Inc. is a steel pipe manufacturer in Wildwood. They have partnered with CareerSource Central Florida for recruitment and training assistance. The Primus and CSCF partnership has resulted in approximately 10+ confirmed hires, ranging from general labor to shipping clerks and inside sales, all of whom have been successful in completing their training and have remained employed to date.
The Villages just became the linchpin in a plan to bring about 20,000 new jobs to the area over the next 10 years.
The Sumter County Commission on Tuesday unanimously greenlighted the Developer’s plan for a 1.75 million-square-foot industrial park, a move that will ignite a growth corridor along 4,000 acres south of Wildwood, said Commission Chairman Al Butler.
Growth the past year in the Wildwood section of The Villages resulted in positive impact for all Sumter County residents.
The additional taxable value added to the tax roll this year motivated not only the Sumter County Commission to propose a property tax decrease this year, but also the county school board and even the Wildwood City Commission.
More apartments, condominiums and other multifamily housing may be on the way to Sumter County after the county commission Tuesday gave final approval to a comprehensive plan amendment allowing up to 24 housing units per acre.
Neighbors like Mary Scannell helped Wildwood achieve a historic milestone last year.
For the first time, this once sleepy Old Florida town exceeded $1 billion in taxable and market values, according to the 2018 tax roll the Sumter County Property Appraiser’s Office recently filed with the Florida Department of Revenue.
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