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    Developer seeks to add to corporate park

    The plan includes a new building and an extension of Burbank Road. Oldsmar is also reviewing plans for a bank.


    © St. Petersburg Times,
    published June 15, 2001

    OLDSMAR -- Harrod Properties has submitted plans to city planners to add a 40,000-square-foot office building to its 315,000-square-foot 580 Corporate Center on Tampa Road.

    As part of the project, the company would extend Burbank Road north from Tampa Road to a CSX railroad track.

    To help relieve traffic, the city plans to extend Burbank Road past the railroad tracks and connect with Douglas Road, the industrial area's main strip. Currently, cars and trucks heading east from the industrial area take Douglas Road to its congested intersection at Race Track Road.

    "Right now, your sole choice is Douglas Road and we all know that the intersection . . . doesn't work," said Oldsmar Community Development Director Nick Staszko.

    City planners also are reviewing plans for a 3,600-square-foot United Bank branch on 1.2 acres on Tampa Road. The bank would be the second United Bank branch in North Pinellas and the seventh in the county.

    The Oldsmar branch would open in early 2002 and would have drive-through and ATM facilities, safe-deposit boxes and a technology center with computers for customers to browse the Internet, said United Bank senior vice president Susan Blackburn. United Bank's traditional customer base is small to mid-sized businesses.

    "It was a natural fit for us to look in north county as we saw the growth in Oldsmar," Blackburn said. "With Oldsmar's growth, we really believe we can bring a tremendous amount of financial services to that market."

    United Bank is a subsidiary of St. Petersburg-based United Financial holding company, which has assets totalling $257-million, according to a company news release in April.

    The Oldsmar United Bank branch would be adjacent to Harrod's planned office building. The building would be on a 6.9-acre parcel and would be completed in November, according to Harrod Properties' June newsletter for North Pinellas.

    Harrod Properties currently manages more than 2.5-million square feet of office, warehouse and manufacturing space in the Tampa Bay area. The company began developing the $20-million 580 Corporate Center in 1998 and quickly found tenants including Maxxim Medical, HealthSouth and Fortress Technologies, Inc. The company also is developing the Tampa Bay Park of Commerce and the Brooker Creek Corporate Center in Oldsmar.

    - Staff writer Ed Quioco can be reached at (727) 445-4183.

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