New Port Richey CRA approves purchase of Riverside Inn site at 7631 US 19 for $5.5 million
The CRA approved a purchase-and-sale agreement to acquire the Riverside Inn property (7631 US Highway 19) for $5,500,000, with deposits, a 45-day contingency period and an anticipated closing on or before Dec. 16; staff said the site is intended for waterfront mixed-use redevelopment.
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The New Port Richey Community Redevelopment Agency approved a purchase-and-sale agreement to acquire the Riverside Inn property at 7631 US Highway 19 for $5,500,000, with staff outlining deposits, contingency terms and next steps for due diligence and master planning.
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