New Construction Projects in Port Richey, Florida

Project 1: Vela at Cotee River Landing

• Developer: Kruger Group (Ohio-based)
• Location: 7944 Bayview Street (approximately 8.53 acres waterfront along Millers Bayou / Cotee River area, west of U.S. 19)
• Type: Mixed-use (multifamily residential + commercial)
• Units/Size: 240 multifamily units (Phase 1: ~100 units; Phase 2: ~140 units) and up to 24,200 square feet of commercial space; includes public waterfront amenities
• Status: Announced / Pre-construction (rezoning to PUD approved on first reading in September 2026; second reading scheduled for October 2026)
• Expected Completion: Residential portion targeted for summer 2027 (construction expected to begin in 2027 pending final approvals)
• Description: Proposed waterfront mixed-use development featuring multifamily residences (apartments and townhomes), ground-level commercial space, a waterfront boardwalk, swimming pool, clubhouse, event lawn, public plazas, green space, pond, and over 400 parking spaces. The project emphasizes public access and recreation along the Port Richey waterfront.[1][2]

No other significant new construction residential, mixed-use, or commercial projects were identified in Port Richey (distinct from nearby New Port Richey) based on available sources as of November 2026. Infrastructure projects such as a proposed new water treatment plant exist but do not qualify under the residential/mixed-use focus.