Whitney Way, Clearwater, FL 33760 - Pinellas County

Description: The site is 5.47 acres vacant land planned for a townhouse community. Sixty vacant lots (1-60) and Tract

A (Common). The property is north of Whitney Road near the intersection of Bay Vista Drive, Clearwater,

Pinellas County, FL 33760. The site is approximately 500 feet from Old Tampa Bay. There are wood pilings

(proposed building foundations) placed in the ground.

Location: The property is on the north side of Whitney Road near the intersection of Bay Vista Drive. It is located northwest

of the St. Petersburg-Clearwater International Airport and north of Ulmerton Road, a major east-west thoroughfare

in Pinellas County. State Road 55 (Roosevelt Blvd.) is west of the subject property.

Access: Access is off Whitney Road which is east of Roosevelt Blvd. An unpaved gravel turn-in, located at the north side

of Whitney Rd., provides general access to the site. 58th Street runs west to Roosevelt and connects to the Bayside

Bridge, 49th Street and McMullen Booth Rd.

Size: 5.47 acres

Zoning: According to the appraisal report the site is currently zoned Multi-family residential with land use as Vacant

Residential. The City of Largo Planning and Permitting Dept. said all they have is expired permits from 2005 and

2006 for an entrance wall and infrastructure.

Utilities: Appear to be extended to the perimeter of the site.

The property was formerly used as a construction and demolition debris solid waste

disposal facility in connection with construction activities in the area. The Florida

Department of Environmental Protection issued a Permit to the former developer,

Lexington Homes, Inc., to allow the development of the Whitney Place Townhomes

project on the waste disposal area. The FDEP Permit expires on April 6, 2012, and a

renewal permit can be obtained from the Department of Environmental Protection for

this project. Based upon preliminary discussions with the Department (and the favorable

regulatory climate to encourage new development), the Department has indicated it is

willing to renew or re-issue the Permit to a new project developer with the same terms

and conditions as the original Permit. The current property owner has entered into a

Settlement Agreement with the Department to implement the groundwater and landfill

gas monitoring requirements of the FDEP Permit. Copies of the FDEP Permit and the

most recent Monitoring Reports can be provided upon request.