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Tallest Development in Town: Royal Five Hospitality Opens New Condos and Hotel on U.S. 19

Tallest Development in Town: Royal Five Hospitality Opens New Condos and Hotel on U.S. 19

by | Sep 15, 2023

The Royal Five Hospitality development is finally set to come to the New Port Richey area as the City Council is planning to rezone the 3.67-acre property, which includes two six-story condominium buildings and a new hotel complex on U.S. 19 at Marine Parkway. This long-awaited project expectantly adds many jobs and surely may possibly become a crown jewel of the community. The proposed plan has 96 total condo units, with the new 92-room hotel planned to take the place of the current Magnuson Hotel. The zoning application will predetermine a “planned unit development” for all major decisions affecting the area around the site.

After six years of hard work and dedication, the Royal Five Hospitality development is finally ready to bring the condominium and new hotel complex on U.S. 19 at Marine Parkway to fruition. Last Tuesday, the New Port Richey City Council is expected to rezone the 3.67-acre property, which includes two six-story condominium buildings and a new hotel to replace the aging Magnuson Hotel on-site now. This will make the development one of the tallest in the area and is sure to be a great addition to the local community.

Mayor Chopper Davis expressed his excitement for the project, noting that it will bring in many jobs and be “a crown jewel of New Port Richey.”

The 96 total units of the two six-story condominium buildings to be built at the corner of U.S. 19 and Marine Parkway will replace the old hotel, in addition to a 92-room hotel planned on the site. The project is to move forward under the approval of the rezoning as a “planned unit development”, with specific conditions to be discussed.

These conditions will include enhanced landscaping, designated parking spaces, sidewalks along the roadways and the canal, underground stormwater holding, a minimum turning radius in parking areas, and bicycle racks and benches. The two buildings will also feature their own swimming pools, as well as an event space they will share. Furthermore, the condominium will boast an active recreational park and a dog park, adding to the area’s appeal. This intersection is a major focal point for the city, and the long-term plan for the area includes the possibility of a pedestrian bridge over U.S. 19 at that intersection. Proudly, this development will bring much needed improvements and amenities to the area.

Excitement for the Development

Local Realtor Scott Morris expressed his enthusiasm for the development, noting that it will bring a new sense of life to the area. Council member Kelly Mothershead shared her excitement, as residents have been waiting a long time for the development to come through. Meanwhile, council member Mike Peters praised how much was able to be packed into the site, calling it a “crown jewel”.

The Royal Five Hospitality development is a great addition to New Port Richey and promises to bring benefits to the local community in terms of jobs, increased height and dynamism to this part of U.S. 19, and renewed energy for the area. Mayor Chopper Davis expressed his high hopes for the project, giving it the perfect endorsement as “a crown jewel” of New Port Richey. With the rezoning approved, the project is now set to move forward. It won’t be long before we witness the royal transformation this celebratory new complex will bring to life!

Learn More About Royal Five Hospitality

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