Salamander Innisbrook, owner of the Palm Harbor, Fla. resort, plans to flip some of its land by converting a portion of the Osprey North Course to a newly designed short course, and will subsequently redevelop the remaining areas for new residential development. If an amendment and density transfer is approved, the resort owner can build a maximum of 180 dwelling units.
Innisbrook Golf Resort in Palm Harbor, Fla. plans to convert some of its property into a new residential development, the St. Pete Catalyst reported. The resort is known for hosting the annual Valspar Championship on the PGA Tour.
The resort owner, Salamander Innisbrook LLC, plans to flip some of its land “in response to changing trends for golf course usage” and will “adapt one of the existing courses by converting a portion of the Osprey North Course to a newly designed short course, and subsequently redevelop the remaining areas for new residential development,” the Catalyst reported.
The Pinellas County commissioners will review a countywide plan map amendment regarding 64.1 acres at the resort, the Catalyst reported. The commission will also review a request to modify the development master plan to transfer existing unused residential entitlements from parts of the property to the parcel the owners want to redevelop.
The proposed amendment consists of 14 separate parcels within the Innisbrook Residential Planned Development district, the Catalyst reported. The residential development within the Innisbrook community includes condominiums, apartments and single-family homes and four golf courses.
Among the 64.1 acres of this amendment area, approximately 53.7 acres are being amended to create a new parcel, dubbed Parcel L, with remaining parcels, B, D, E, G and H comprising the rest of the amended area, the Catalyst reported.
If the amendment and density transfer is approved, the resort owner can build a maximum of 180 dwelling units, the Catalyst reported.