T Rowe Price in No Hurry to Build in Pasco
It has been more almost 2 years since the Baltimore based company purchased land in Pasco County to build a sprawling 75 acre campus off of State Road 54 (link to post from 2009). There has been discussion on the street that the company’s leaders had either changed their minds about the location or had run in to a snag with their long term planning. Most of us had expected the company to have broken ground already, if in fact the project had been given the go ahead.
The Tampa Tribune confirmed Friday what many of us had suspected….that the project’s timeline has been extended, perhaps indefinitely. The news comes as a blow to those in Pasco County and the area at large that believed the Company would quickly add more than 1,500 jobs. Pasco and the surrounding area has one of the highest unemployment rates in the State.
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