In the heart of Lakewood Ranch, a significant mixed-use development is set to transform the region's commercial landscape. Center Point at Waterside, spanning 50 acres, is slated for completion in 2025 after six years of construction. Managed by CASTO, a prominent real estate and development firm, this project marks the culmination of extensive planning and investment. Located at the intersection of University Parkway and Lakewood Ranch Boulevard, Center Point will offer a comprehensive range of amenities including medical offices, restaurants, retail shops, and more. This development represents the last major project of its kind in the area due to limited available land. CASTO's strategic acquisitions along State Road 64 and State Road 70 have solidified its influence in East County, with notable tenants like Wendy’s, Kiddie Academy, and Aldi already confirmed. The successful balance of diverse tenants ensures a vibrant and sustainable community hub.

A Glimpse into Center Point's Development Journey

In the picturesque setting of Lakewood Ranch, the southeast corner of University Parkway and Lakewood Ranch Boulevard has become the focal point of an ambitious project. Here, CASTO Southeast Realty, led by President Brett Hutchens, embarked on developing Center Point at Waterside in 2019. This sprawling 50-acre mixed-use development promises to be a beacon of convenience and community engagement. The site's prime location makes it a unique opportunity that cannot be replicated elsewhere in the region. CASTO, known for managing over 18 million square feet of commercial real estate, has been instrumental in shaping East County's growth since developing Main Street at Lakewood Ranch two decades ago.

Center Point aims to cater to every need within a 50-acre radius, featuring medical facilities, dining options, retail spaces, and childcare centers. The project kicked off with the construction of a medical office building in 2019, which was later sold to Anchor Healthcare Properties for $31.8 million. The development faced delays due to regulatory changes but remains on track for completion by March 2025. Notable additions include Bad Ass Coffee of Hawaii, Bar Italia, Ruth’s Chris Steakhouse, and Flower Child, each contributing to a diverse culinary scene. Wellness offerings such as medical offices, pilates studios, and pet services further enhance the center's appeal. With nearly all spaces leased, Center Point stands as a testament to CASTO's vision and execution.

From a journalist's perspective, Center Point at Waterside exemplifies the importance of thoughtful urban planning and community-centric development. It highlights how strategic partnerships and meticulous tenant selection can create thriving hubs that meet residents' varied needs. The success of Center Point underscores the value of balancing different types of businesses to foster a vibrant and sustainable environment. For readers, this project serves as a reminder that well-planned developments can significantly enhance the quality of life in a community, setting a benchmark for future projects in the region.