Rendering of new Largo City Hall
*****The City of Largo has purchased three properties on West Bay Drive for $2.84-milllion completing a multi-parcel assemblage of a city block that will serve as home to its new city hall.
*****Adjacent to five other lots already owned by the City, the newly acquired properties are located at the northwest corner of West Bay Drive and 4th Street NW. Chamber member Paula Clair Smith, CCIM, and Christine Daly of Colliers represented the City in the transaction.
*****“A project of this magnitude represents the city’s willingness to invest in its downtown, indicating confidence in the market and visions for a dynamic and sustainable area,” said Paula, Managing Director at Tampa Bay Colliers. “This site perfectly aligns with the city’s goal to invest in the redevelopment of the West Bay Drive corridor while promoting business growth in downtown Largo.”
*****The City expects to break ground on the project next year. Once completed, the 82,500 square foot building will house every city department, as well as 20,000 square feet of retail and restaurant space. Plans also include a parking garage to serve city workers during the day and patrons of downtown businesses after hours.
*****City officials estimate the project at $38.25 million. Construction is expected to be completed in late 2023 or early 2024.