Amazon effect? Developer buys Florida golf course with plans to redevelop into housing — and maybe a gas station.


An Alabama-based developer plans to redevelop the former Cross Creek Golf Course in Tallahassee, Florida, as a direct result of Amazon’s robotics fulfillment center currently under construction.

The $6.3-million transaction closed last week and includes five parcels spanning about 30 acres across from the Tallahassee Automobile Museum, said Brad Parker, a partner and broker at TLG Real Estate Services in Tallahassee.

Parker and TLG broker Bryan Cureton represented the Seminole Boosters, who sold the property to Harbert Realty Services in Birmingham, Alabama.

He said Amazon’s new robotics fulfillment triggered immediate interest for nearby land opportunities as the e-commerce giant plans to create up to 1,000 jobs — making it the largest private-sector job creator and investment in Tallahassee’s history.

“They’ve got all the employees there so all of a sudden you need multi-family for the price range jobs and housing down in that area,” Parker said. “It really increased the offers of the multi-family offers we were getting out there. It also increased the price we were getting for the out parcels. It just drove a lot of demand for people who knew that would be an impact in the area.”

Built in 1990 by Tallahassee businessman DeVoe Moore, the 9-hole, par-3 course closed in 2018, with the exception of hosting events.

Parker said Moore, a major donor to Florida State University and alumni, gifted the back portion of the golf course to the Seminole Boosters. He said the remaining portion of the course was donated to the Boosters by the family of Lucy Ho, another FSU donor and longtime restaurateur who opened Tallahassee’s first Chinese restaurant.

The new owner plans to redevelop the property into a mixed-use project featuring apartments and retail space, with potential uses being a gas station, a convenience store, or a restaurant.

Parker said permitting may take roughly six months to complete before construction begins, adding it may take about a year and a half to complete the redevelopment.

Contact TaMaryn Waters at [email protected] or follow @TaMarynWaters on Twitter. 



Source link

Back to top button