Sumter Development
Market Price
5000 and 5001 Sumter Boulevard, Venice, FL 34287
400,000 sqft
Building Size
2026
Year Built
Details:
Description:
Introducing North Port’s premier 60-acre mixed-use development, strategically positioned at the highly visible I-75 and Sumter Boulevard interchange. This master-planned project is designed to become a defining commercial and lifestyle destination in one of the fastest-growing cities in the United States. Located next to Sarasota Memorial Health Care System which held its centennial celebration groundbreaking for a $507 million hospital campus in North Port.
The development features a thoughtfully integrated blend of retail, restaurant, hospitality, multifamily, office, and recreational components, arranged within a walkable, pedestrian-focused layout. With over 230,000+ SF of planned retail, the project offers multiple pad sites, junior-anchor opportunities, boutique shop space, and flexible build-to-suit options for national and regional users seeking prime exposure.
On the east and west sides of the boulevard, retail clusters are connected by landscaped boulevards, plazas, and activated outdoor spaces, promoting a true live–work–play environment. Tenants and visitors enjoy a vibrant streetscape that includes event plazas, water features, central parks, splash pads, dining promenades, dog park, exercise trails, and extensive green space.
A planned 450-unit multifamily development, along with a 2.5-acre hotel site, will create built-in customer traffic and enhance long-term viability for retailers and service operators. The project’s internal circulation allows for easy movement between districts while maintaining strong visibility from every major access point.
Positioned directly off the interchange, the site provides unmatched access to both local residents and regional travelers. Sumter Boulevard serves as a major north-south connector, and the property is surrounded by rapidly expanding residential communities, medical facilities, schools, and new commercial growth.
This unique development offers a rare opportunity to secure space in a top-tier location with exceptional demographics, high traffic counts, and long-term market momentum. Ideal for retail, dining, entertainment, grocery, medical, fitness, service, and hospitality users seeking a flagship presence in North Port.
This premier 60-acre mixed-use development is strategically positioned along Sumter Boulevard, one of North Port’s most active north–south corridors connecting I-75, US-41, and the city’s fastest-growing residential districts. The site benefits from a full interchange at I-75, providing exceptional visibility, direct highway access, and seamless regional connectivity to Sarasota, Port Charlotte, Venice, and the greater SWFL market.
Situated in the heart of the city’s expansion path, the property is surrounded by dense residential growth, established neighborhoods, and major planned communities, creating strong demand for retail, dining, entertainment, hospitality, and services. This corridor continues to attract national brands and large-scale development due to its high traffic counts, strong demographics, and rapid population increases.
The project features dual access points, integrated boulevards, walkable design, and a central park-style amenity network—positioning it as a future live–work–play destination for North Port. With its proximity to schools, medical facilities, new housing, and other major commercial sites, this location is ideally suited for build-to-suit opportunities, anchored retail, restaurants, multifamily, hospitality, and professional services.
This signature site offers unmatched exposure, accessibility, and growth potential in one of the fastest-growing cities in the country.
1 Space Available
Sumter Development Strip Center
Flexible space configurations and build-out options are available to meet tenant requirements.
Location
Gallery