Downtown Clearwater Boomtown USA

| Total Words: 462

With US residential real estate basically at a standstill, 2006 and the first half of 2007 have proven to be a very dynamic time for downtown Clearwater, Florida. Many public and private developments have gotten off the ground.

During 2006, two major mixed use real estate developments broke ground and are now well on their way. Located on Clearwaters beautiful bluff, over looking the breath-taking intercoastal waterway is Waters Edge. Developed by Opus South, Waters Edge is a 153 unit mixed use property with approximately 10,000 SF of retail space. It is scheduled for completion later this year.

Also in 2006, the luxurious Station Square broke ground. Located in downtown Clearwater, adjacent to downtowns historic post office, Station Square is a mixed use residential development consisting of 126 units, including 16 penthouse units. The developer of Station Square is the world renowned developer from Australia, Felix Anon.

In July, 2006, the City of Clearwater commenced construction of the beautiful $9.3 million streetscape project. With the first section complete (exclusive of landscaping), the second section is schedule for completion June 15, 2007. The...

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