Economic Development

As one of Tampa Bay’s premier communities, Temple Terrace's economic growth potential is already strong and currently poised to trend even higher. The city is strategically located near the University of South Florida, Florida Hospital, Moffit Cancer Center, Busch Gardens,  I-75 and only minutes from I-4.  Florida College and Telecom Park already call Temple Terrace home.

Recent commercial development activity in the city's CRA district stands to draw new interests and fresh perspectives for increased economic growth. CRA development, combined with the natural beauty of the area and a highly productive, tech-savvy workforce position Temple Terrace to capitalize on terrific economic growth potential in the upcoming future.
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The city is positioned along the beautiful Hillsborough River with a population of approximately 26,000. The City provides its residents with a high quality of life and easy access to the region's attractions, services and world class amenities.

Temple Terrace has multiple city-owned parcels just minutes away from the  University of South Florida. Several available  parcels are ‘quick to build’ sites. Our community also offers commercial space for all types of commercial growth.

In our CRA, key redevelopment parcels are still available for purchase from the city. These parcels are located  south of Bullard Parkway and east of 56th Street. Features and amenities include:

  •      High traffic volumes
  •      2 miles to USF
  •      2 miles to Busch Gardens;
  •      Approximately 3.5 miles to I-75
  •      Infrastructure in place including utilities and roads 
  •      High visibility
  •      Near beautiful Hillsborough River

For more information, please contact our Business Relations Manager: Greg C. Pauley 813.506.6483.

For companies wishing to lease commercial space near Fletcher Avenue and I-75, Telecom Park offers  commercial spaces designed for a variety of uses. These properties are available from non-municipal entities and provide:

  •     Suburban site locations (many commercial uses)
  •     2 miles to University of South Florida (USF)
  •     Direct access to I-75 and Fletcher Avenue
  •     High visibility
  •     Municipal Utilities



Telecom Park and Environs