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Old June 5th, 2009, 04:41 PM   #441
Landier
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It's not too crazy. There are already approximately 600,000 people in Lee County (Cape Coral / Fort Myers metro), 1 million in 15 years would be approximately a yearly growth rate of 3.5%
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Old June 6th, 2009, 06:45 PM   #442
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Add in the Tampa MSA with its what 3 million people? and Sarasota-Bradenton-Venice is surpassing 700,000 this year. The west coast of Florida is packed.
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Old June 6th, 2009, 07:46 PM   #443
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I can't get over how many people willingly move into low lying areas like Cape Coral, Port Charlotte, etc. I sometimes wonder if the urban planning for such a thing shouldn't be regulated much more by the state, or maybe even the feds.
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Old August 5th, 2009, 03:37 AM   #444
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update information on fort myers fla.
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Old August 6th, 2009, 12:58 AM   #445
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^Not much has been going on from what I've heard. No new condos (or anything for that matter) should be going up anytime soon.
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Old September 2nd, 2010, 10:40 PM   #446
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Cape Coral, Lee County VA Outpatient Clinic
July Construction Photos:



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Old November 11th, 2010, 11:31 PM   #447
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Downtown Fort Myers' First Street Village project launched again
By DICK HOGAN • November 10, 2010

With a new design and drastically lower prices, Cameratta Properties is relaunching its First Street Village mixed-use development on the western edge of downtown Fort Myers.

"There's no better time to buy anything right now," said Joe Cameratta, chief executive officer of the Fort Myers-based company, which is relaunching the project Friday after a three-year hiatus caused by the housing crash.
The development sits across West First Street from High Point Place, Cameratta's high-rise, riverfront condominium that's about 70 percent sold out.

Cameratta said he hopes First Street Village's walking-distance access to Publix and other shops, as well as to the restaurants, galleries and offices of downtown, will give customers something new: a convenient urban lifestyle in the city.

When First Street was designed five years ago, it included 350 condos in addition to a retail area. Publix opened in November 2007 and some other stores are open, but the retail component was never completed and the condos were never started.

Now the project will include only 200 two- and three-bedroom condos in four 50-unit buildings around a courtyard. The first building's units range from $149,900 to $233,900.

That's less than half what the original development - conceived at the height of the real estate boom - would have cost.

"Our customer profile is a single person, corporate executive or retired couple, many of whom will come from big cities such as Boston and New York," Cameratta said.

Don Paight, executive director of the Fort Myers Redevelopment Agency, said seeing First Street Village moving forward again is a good sign for a downtown that's starting to show signs of life all along the waterfront. "I think it really keeps the momentum going down here if they get started up again."

Cameratta said much of the credit for First Street's rejuvenation should go to the infusion of $21 million from Marcel Arsenault, the Louisville, Colo.-based entrepreneur who bought into High Point and First Street Village.

"He's a visionary" who spotted the opportunity to buy at the right time, Cameratta said.




Joe Cameratta, left, and Nick Cameratta of Cameratta Properties stand in the empty lot of First Street Village in Fort Myers. In the background is High Point Place, another Cameratta project. (Marc Beaudin/news-press.com)

http://www.news-press.com/article/20...launched-again
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Old November 11th, 2010, 11:37 PM   #448
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Alico West: Upcoming developments underway
By Samantha League /News editor - Eagle News
Published: Tuesday, November 2, 2010

Two developments have been approved for future housing sites, guaranteed to provide student housing for FGCU's growing population.

On Wednesday, Oct. 20, Lee County commissioners approved a mixed-use development, named Alico West, adjacent to FGCU. This development, which is 919 acres, will include 1,950 student residences and 1.5 million square-feet of commercial space, according to the News-Press.

The land, which used to be a mine until the early 1990's, is valued at $6.5 million. The company that owns the land currently, Alico, also agreed to donate 40 acres to the university for academic buildings.

University officials hope Alico West will offer a "geographical focal point for a university now composed predominantly of commuting students," according to the News-Press.

Another development, University Highlands, was approved to build on Monday, Oct. 18. The University Highlands is a development valued at $2.1 million, just south of campus near Germain Arena.

Originally, the development was going to hold 2,335 residential units. An amendment to the original proposal reduced the maximum residential units to 2,279 and increased the square feet of commercial space from 818,000 to 910,000.

The projects still need to go through several more approvals and finalizations before the building can begin.

According to NBC-2, these approvals will allow FGCU to branch out with dorms and a student village.

FGCU is expecting to add another 10,000 students within the next decade. Although the university has space for 5,000 students to live on campus, the university will still have 17,000 students commuting every day from fairly remote locations.

These developments will be completed in time to give future students a closer place to live and, possibly, more of a "college-town feel."

Those worried about the developments at the commission meetings were either concerned about the developments being "ignored by the university like other developments," or Miromar Lakes homeowners who were concerned about "noise, lighting and other consequences."

Fort Myers attorney Charles Basinait, who represented Alico, retaliated with a reminder that Miromar Lakes was built after the university, and how the Alico West mine was active at the time of its creation as well.

"When Miromar Lakes was built there was an active mine on the (Alico West) site," Basinait was quoted by The News-Press. "I struggle to see how that's more compatible than what we're doing."

— The News-Press and NBC-2 contributed to this report.

http://www.eaglenews.org/alico-west-...rway-1.2391672
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Old November 11th, 2010, 11:42 PM   #449
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Although this is from over the summer, it would bring a huge change to the area. Of course, it is many years from becomming reality but everything starts somewhere. There is a lot of money in the Naples area (contrary to what the news reports) with donors (i.e. people like Mr. Lutgert [R.I.P.] who funded the Lutgert College of Business at FGCU) who would like to leave a legacy.

------------------------------------------------------------------------

Football coming to FGCU?
Posted: Jun 15, 2010 5:34 PM EDT

ESTERO: Florida Gulf Coast University says it will conduct a study, eyeing the idea of creating a college football team.

The school says the program, including a stadium, would have to be built from the ground up.

At a cost likely to exceed $100-million, FGCU President Wilson Bradshaw says funding is an issue the school will have to tackle.

"When you are only 12, 13, 15,000 students, athletic fees can only go so far and the state doesn't permit us to use state appropriations for athletics," said Bradshaw.

But students we spoke to Tuesday seem to like the idea of a football team.

"Any day it'd be great to have a football team here. Everybody is looking forward to one at some point in time," said FGCU senior Pablo Riera.

Bradshaw expects the study to be complete by early next year. It will then go to the board to discuss it becoming a reality.

During Tuesday's meeting of the school's Board of Trustees, Florida Gulf Coast University President Dr. Wilson Bradshaw announced that the school will be hiring Gainesville-based Carr Sports Associates to do a study on the feasibility of starting a football program.

Dr. Bradshaw told NBC2 that the study done will likely be ready some time next year.

NBC2 also spoke to Ken Kavanagh, the school's athletic director. Kavanagh said that this is the very first step into finding out if the school could someday field a football program.

http://www.nbc-2.com/global/story.asp?s=12654449
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Old November 11th, 2010, 11:46 PM   #450
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Future Red Sox stadium site still pretty rough
November 1, 2010

This is our second monthly update on the new Boston Red Sox spring training complex.

"Mostly, it's been a continuation of hauling in fill material," said Bob Taylor, Lee County's project manager for the facility on Daniels Parkway.

Since work began Aug. 13, it's been mainly focused on filling in and moving lakes.

About 270,000 cubic yards of dirt have been brought to the site by dump trucks. That's up from 140,000 cubic yards at the end of September.
The project is projected to need 380,000 cubic yards. That's enough to fill about 116 Olympic-sized swimming pools.

Between 200 and 300 dump trucks a day come to the site with fill dirt. Taylor said the one-day record is 500 trucks.

Underground utility work should begin in earnest this week.

Construction of the grandstand and building of ballfields is still months away.

The $75 million facility is is scheduled to be completed by January 2012.

Site preparation for the project costs $8.34 million.

- Glenn Miller



The under-construction Red Sox spring training facility off Daniels Road in south Fort Myers is undergoing site preparation, rock removal and the installation of underground utilities. (Sarah Coward/news-press.com)

http://www.news-press.com/article/20...l-pretty-rough
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Old November 11th, 2010, 11:58 PM   #451
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Oasis buildings in downtown Ft. Myers



Jorge Perez, head of the Related Group, in front of his condominium building Oasis, located in downtown Fort Myers. Oasis was foreclosed on by Bank of America for $157 million in April. The units will be auctioned Nov. 20. Perez says Related is committed to building the remaining three Oasis towers. (Anthony A. Narehood/special to news-press.com)

3 Page article on foreclosure of building and where it stands now. 125 units are going up for auction and 40 of the units are being auctioned off in a week or so with no minimum bid. They claim that they want to build the other 3 buildings that were originally planned (originally planned to build 5 32-story buildings). Talk is that these places will probably be going for 1/3 of what pre-construction was. Related Group owns the land still for the other 3 buildings. These are the same towers that made national news for the one building only having one occupant (he paid 430k in 2008 for his unit and has a 336k mortgage on it - it is not his primary residence though).

http://www.news-press.com/article/20...o-gets-back-up
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Old December 31st, 2014, 12:20 AM   #452
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Though not technically Ft. Myers, thought I would bring this thread back from the dead. Maybe we can get this renamed Southwest Florida Development News or Ft. Myers - Naples Development News and stickied again?

Quote:
Units selling quick for Bonita Springs’ newest tower
Chris Umpierre, cumpierre@news-press.com 8:26 p.m. EST December 29, 2014

Sales for Bonita Springs’ newest tower are going better than expected, officials said.

Ronto Group, which has plans for a new 26-story, 120-unit tower called Seaglass in the upscale Bonita Bay community, has received $40 million worth of reservations since it started selling the tower’s units in October, officials said. The average price of a Seaglass unit is $1.6 million, meaning about 25 units have been sold in almost three months.

Anthony Solomon, Ronto’s executive vice president, said his group will start building the tower when it sells about half of the building’s units. Construction could begin next year. It should take about two years to build Seaglass, Solomon said. The building of Seaglass should begin before WCI’s next tower gets built.

In November, WCI announced plans to build its first tower in seven years. WCI is planning a 21-story tower at The Colony Golf & Bay Club, off U.S. 41 south of Coconut Road in Bonita Springs. The tower, overlooking Estero Bay and the Gulf of Mexico, will have 76 residences, with four to a floor.
More here:

http://www.news-press.com/story/news...ower/21026947/

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Old December 31st, 2014, 05:27 AM   #453
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Done!

And a great project to talk about too!
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Old January 21st, 2015, 11:40 PM   #454
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Harborside Center and the new Sheraton Hotel is supposed to begin construction this spring:

Quote:
Harborside Hotel and Event Center

Fort Myers City Council spent most of 2014 nailing down agreements and financing for the new Harborside hotel and event center.

But 2015 is when the public will begin to see work taking place on the more than 25-year-old property. The center is receiving $9 million in hall and meeting room upgrades, new utilities, roof and windows.

Construction kicks off this spring and is expected to last about 26 months. The $55 million Sheraton hotel, with more than 200 rooms, would connect to the convention space.
http://www.news-press.com/story/news...yers/21169225/

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Old January 22nd, 2015, 08:43 AM   #455
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Nice stuff coming to Ft. Myers and vicinity.
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Old January 28th, 2015, 07:57 PM   #456
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No CRA for DT Ft. Myers Beach

Quote:
Downtown ad hoc concedes CRA resolution
January 28, 2015
By BOB PETCHER (rpetcher@breezenewspapers.com) , Fort Myers Beach

The question related to a specific element regarding the feasibility of setting up a dependent special district within the downtown region of Estero Island to see if any future increases in property values can be set aside to support economic development projects within that district has been answered.

The Fort Myers Beach Downtown Ad Hoc Committee has decided that a CRA would not be the best mechanism to go forward within the downtown zoning district, as defined as the area between Diamondhead Resort and Lynn Hall Park, nor does it think that a prior CRA is usable.

In 2001, an existing Beach CRA (Estero Island Community Redevelopment Agency) with County officials was bought out for $2 million. There have been debates that the full-island CRA still is active by way of a 2013 Council ordinance that readopted and reconfirmed it on the Town level. Reports say County officials do not recognize it.
- See more at: http://www.fort-myers-beach-observer....EvBSG31R.dpuf
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Old February 5th, 2015, 10:14 PM   #457
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Quote:
Amtel Hotel in downtown Fort Myers sold for $13.5M
Ashley A. Smith, asmith@news-press.com 7:34 a.m. EST January 30, 2015

After sitting abandoned for years, the former Amtel Marina Hotel will receive a $55-million face lift.

The 24-story building sold Thursday for $13.5million.

"We're excited and we're very thankful with the help we received now that the transaction is complete," said Bob MacFarlane, the developer with The Pittman Group.

MacFarlane has spent the past six years acquiring the former 416-room hotel in order to convert it to a 55-and-older independent rental community called Campo Felice.
More here

http://www.news-press.com/story/news...sold/22526781/

Renderings:



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Old February 18th, 2015, 06:27 PM   #458
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The First Street Village site nearly rivals The Standard in Gainesville as far as prime location, scope relatively speaking goes and how unsuccessful proposals have been there. No idea why the city is making it this difficult.

Quote:
Company seeks to develop ‘1st Street Village’ in Fort Myers
BY MIKE WALCHER • JANUARY 28, 2015

LEE COUNTY, Fla.- New police cars, a roundabout on McGregor Boulevard, a trolley service to downtown Fort Myers.

A new developer may be on the hook for paying for all of these items before building on a vacant lot.

Nearly eight acres of prime real estate that some people jokingly call “the dust bowl” is for sale. It was supposed to be an urban community, with homes and shops, but the city has saddled the land with a number of stipulations that the developer must satisfy, or get changed.

A new company called Madison Avenue Investment Group is buying the property on West 1st Street, also known as 1st Street Village.

City leaders believe the new owners want to build on this land, not just “flip” it for profit.

“What I’m real pleased with is, these are end-users. They want to develop, they’re not just speculators or investors,” said Don Paight, director of the Fort Myers Community Redevelopment.

Ten years ago, a previous developer called the area First Street Village, a mix of 343 residential units and 62,000 feet of commercial and retail space.

But, the city saddled the village with a dozen stipulations, requirements that a developer must satisfy, before building.

Those include contributing to trolley service to and from downtown, paying the cost of two police cars, paying some of the cost of a roundabout and paying for infrastructure improvements, that normally the city would cover.
More here

http://www.winknews.com/2015/01/28/c...in-fort-myers/

More police cars to develop downtown land sorely in need of it? Is that even legal much less smart?
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Old March 19th, 2015, 04:54 AM   #459
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Quote:
Downtown Fort Myers appearing busier
Posted: Mar 13, 2015 4:42 PM EDT
Updated: Mar 13, 2015 6:37 PM EDT
By Sam SweeneyCONNECT

FORT MYERS, FL -
Downtown Fort Myers seems busier than ever lately with more retail shops filling vacant spaces.

For example, an international clothing chain that sells high-end yoga and other athletic wear will open within a few weeks.

It seems like just a few years ago the only thing open in downtown Fort Myers were law firms.

Fast forward to now, though, and you can see just how many people fill the streets after the close of business.

Whether it's the lunchtime crowd or the nighttime revelers, the energy in downtown Fort Myers these days is palpable.

"We love the vibe of downtown Fort Myers," said David Anderson who recently opened the first yoga studio downtown. "The first Friday we were here, we said 'yeah... this is where we want to be and this is what we want to be a part of.'"
more here

http://www.abc-7.com/story/28477958/...r#.VQo4F_zF-So

Quote:
Gambling & winning: Downtown Fort Myers pays off for restaurant group
Gina Birch, Special to Grandeur 8:45 a.m. EDT March 9, 2015
635602978704158376-GR-FacesKearns03
(Photo: Sarah Coward/grandeurmagazine.com)

Who knew that when a small group of businessmen and restaurateurs got together three years ago in Fort Myers that a storm would erupt, a near perfect storm to transform the downtown 'scene.'

Many longtime residents had given up on downtown and the years of promises to revitalize it, when Daniel Kearns, Zak Kearns, Mike McGuigan and Nils Richter rolled the dice on Ford's Garage. The bustling burger joint/prohibition era bar was an instant success that sparked a landslide of expansion for the men and options for those who were hungry for more in downtown.

The pieces of the puzzle began falling into place when Daniel drove over from Fort Lauderdale eight years ago looking for investment opportunities. He ended up with a contract to help Syl's, the then struggling restaurant at the Fort Myers Country Club.
http://www.news-press.com/story/life...ning/23890781/
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Old April 7th, 2015, 09:22 PM   #460
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Quote:
New hotel may be coming to Fort Myers Beach
DICK HOGAN, DHOGAN@NEWS-PRESS.COM 10:08 p.m. EDT March 30, 2015

A Minnesota-based hotel developer has started buying property along Estero Boulevard for a major hotel project on Fort Myers Beach.

A company managed by Tom Torgerson, CEO of Willmar, Minn.-based Torgerson Properties, last week purchased about half an acre of beach-front property stretching north from Canal Street for $6.1 million from Summer Daze LP, a Petersborough, Ontario-based partnership.

Torgerson said he can't release much information on the project because "it's too preliminary in the process for me to make comments. We're still formulating our plans."

But he said one of his goals is to use the development to help ease the severe traffic congestion that often afflicts Estero Boulevard close to the Matanzas Pass Bridge, where cars pour onto the island from the mainland.
more here

http://www.news-press.com/story/news...each/70694068/
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