Listing Summary
Melbourne City Center: A Strategic Mixed-Use Development in a Federal Opportunity Zone
Full Description
Overview
Melbourne City Center is a proposed, sustainable mixed-use development and innovation hub in the heart of Florida's Space Coast. The project is strategically located on a high-visibility site at Babcock Street and Pirate Lane, offering excellent access from Interstate 95 and the Orlando-Melbourne International Airport.
This development is designed to be a vibrant community, attracting a diverse mix of residents, professionals, students, and consumers. The plan includes:
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Residential: Single-family homes and apartments
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Commercial: A retail center, restaurants, and entertainment venues
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Medical & Professional: A dedicated campus
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Educational: A university site and charter school
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Senior Living: A purpose-built facility
Investment Highlights
This property presents a rare investment opportunity as it is located within a newly qualified Federal Opportunity Zone, a program created to incentivize investment in targeted communities. By investing through a qualified Opportunity Fund, you can take advantage of substantial tax benefits.
Quick Glance
- Listing ID:
CL-Florida-26343
- Status:
Active
- Year Build:
N/A
- Building Size:
609,840 SqFt
- Lot Size:
14.00 Acre