The West Ocala Community Redevelopment Area will see $60 million pumped into the area over the next 30 years. The program will bring upgrades and aesthetic improvements that the area has needed for decades.
“I believe that the West Ocala is long overdue, and although it will be slow moving in the beginning, it will allow the compounding of dollars to help towards future projects,” Ocala City Council President Jim Hilty wrote in an email.
Over the next three decades the funds will be aimed at projects including beautification of the State Road 40, Pine Avenue, Martin Luther King Jr. Avenue, State Road 200 and U.S. 27 gateway corridors through West Ocala; upgrades in the historical section; and more housing development in the formerly blighted Busbee Quarters area now known as Phoenix Heights.
These redevelopments come at a good time for Ocala, with house prices finally starting to increase. According to the latest report from Ocala/Marion County Association of Realtors, there has been a 15.6 percent boost on the price of an average single-family home from the previous year.
Moving forward, the city is feeling very positive and hopeful about the proposed changes and improvements. Efforts will be made to reach out to the current residents of the area for their insight and input in order to make Busbee Quarters as great as possible. Nothing but positive change is anticipated for West Ocala.
CrownWorld offer an opportunity to purchase building plots which have full and irrevocable planning permission for residential family homes to be developed on a secure gated subdivision in Ocala. Buyers can confidently take advantage of the upturn in the US real estate market as prices begin to rise but yet still invest in the precious commodity of land. For more information please go to our contact page or email email@example.com and leave your details.by