Fox Branch Ranch Mitigation Bank
Old Dade City Road : Kathleen, FL 33849
Polk County, Florida
Ranch Description
The Fox Branch Ranch Mitigation Bank ("Fbrmb") is a 1,074-Acre wetland mitigation bank that is located in northwestern Polk County, Florida, and is authorized to sell federal and state wetland mitigation credits into the Hillsborough River basin.
The Fbrmb was developed and is currently owned by a partnership consisting of a private timberland investment manager and an experienced mitigation project developer. It received its Environmental Resources Permit from the Southwest Florida Water Management District on December 29, 2017, and its NWP 27 and MBI approval from the Usace on May 14, 2019.
Fee title to the land underlying Fbrmb is owned by a third-party landowner, so a buyer of the project would take assignment of the rights to a recorded mitigation use rights easement and access easement but would not be purchasing fee title.
The mitigation areas have been established in 20 assessment areas which are comprised of wetland and upland habitats including Mesic Pine Flatwoods (Fluccs 411), Live Oak Hammock (Fluccs 427), Pine Mixed Hardwoods (Fluccs 414), Freshwater Marsh (Fluccs 641/643), Wetland Forested Mixed (Fluccs 630), Hydric Pine Flatwoods (Fluccs 625), and Cypress (Fluccs 621).
Mitigation Bank
MSA - Hillsborough River HUC
