New data from Metro Forecasting Models shows the Burnt Store Road area could support a neighborhood shopping center 15 years earlier than previously expected.
Watch Fox 4’s Alex Orenczuk report on commercial development potential on Burnt Store Road:
Growth data shows early demand for shopping center on Burnt Store Road
The growth presentation at the Nov. 12 Charlotte County Commissioners meeting stated the county’s population jumped 5.2% from June 2023 to March 2024, with over 5,000 new housing units permitted and constructed since June 2023.
“We feel like we’re growing really fast, but to see the actual numbers bear out, it can be a bit shocking,” said Shaun Cullinan, Planning & Zoning Official.
The report noted a “demand for neighborhood centers include a new one in Babcock Ranch between 2030-35 and another one in the Burnt Store Road corridor in 2030.”
Previous Metro Forecasting Models suggested the Burnt Store area could not support a neighborhood shopping center until 2045.