Press Release

New Master Planned Community Coming to Zephyrhills

Celebration, FL May 10, 2016:

 

CBD Real Estate Investment LLC announces the approval for a new master planned community to be built on 167 acres to be known as “The District at Abbott’s Square.”  The District at Abbott’s Square will be a traditional neighborhood development of 124 single family, 44 duplex, 152 townhome and 768 multifamily garden style home sites.   There will also be approximately 21000 feet of retail space, all designed with active and passive recreation.

 

The project name was taken from the original name of Zephyrhills from the 1890s when the community was known as “Abbott’s Station.”  The development site is on the north end of Dean Dairy Road and west of Simons Road between the Silverado residential home site and the Silver Oaks Golf Course.  Plans for the development were approved at first reading by Zephyrhills City Council after the conclusion of the public comment period.

 

According to CBD President David Waronker, “we will have a lot of engineering and permit work to do before this project breaks ground.  But we do hope to begin construction by the fourth quarter 2016.”  Per the terms of the approval, CBD shall be obligated to permit and improve Simons Road from Fort King Road to Eiland Boulevard.  In addition, Dean Dairy Road will be improved from Eiland to the southern entrance to the development site.  CBD has also agreed to dedicate 4.77 acres of the property to the City, which this City plans to use for the development of a public tennis center with multiple courts, snack bar, pro shop, and restroom facilities.  It is hoped that eventually the tennis facility will be able to host various tennis competitions.  The developer also will make a voluntary contribution to the city planned “Reimagine Gall Boulevard” effort to revitalize Gall Boulevard and its commercial district.

 

“We have been developing land in Zephyrhills since 1998.  This is our eleventh project and we are committed to the betterment of the City and its residents.  Whatever we can do to help the City grow and improve the quality of life of its current and future residents will be done”, continued Waronker.

 

CBD Real Estate is a regional developer with offices in Mount Laurel New Jersey and Celebration Florida.  For more information on CBD please visit its website at www.gocbd.com.