Bayshore got approval from the city's planning committee this week on a massive expansion bringing it's rental space from the current 754,00 sq.ft to more than 1,000,000 sq.ft as well as adding additional parking spaces. The first stage of construction which is slated to start in the spring of 2012 would bring the rentable area to approximately 915,000 sq.ft. The expansions are estimated to be about $150 million.
This expansion will have positive effects on the housing in the area, including a face lift valued at $40 million on a housing area across the road from Bayshore named Accora Village which houses over 7,000 residents. Thus increasing home values in the area.
There are still plenty of approvals left to get from the city but the project is off on the right foot.
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