Developer targets Oldsmar Flea Market site for apartments

OLDSMAR — A developer has proposed replacing the Oldsmar Flea Market with a 279-unit apartment complex, a project that under the state’s Live Local Act would bypass public hearings and City Council approval.

Kolter Multifamily, based in Delray Beach, submitted plans to build the complex, dubbed Alton Oldsmar, on more than 13 acres of the flea market site at 180 Race Track Road. The mixed-use project would include five buildings — four four-story structures with 60 units each and a five-story building with 39 units — along with a pool, clubhouse, fitness center, dog park, pond, pavilion and 674 square feet of retail space.

The company has submitted a 2025 bid to purchase the land.

Because the project falls under the Live Local Act, city officials have limited authority over its approval. The act bars local governments from requiring public hearings or council votes for qualifying projects. It mandates administrative approval of residential and mixed-use multifamily developments in which at least 40% of units are affordable, as defined by Florida statutes, for at least 30 years…

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