Lee County

Developers Acquire 26-Acre Development Site For Planned $120 Million Class-A Residential Community In Cape Coral

8:00 am on August 13, 2022 By Oscar Nunez

West Palm Beach-based real estate developer Shoreham Capital, in partnership with Salt Lake City-based Bridge Investment Group and Denver-based Wynkoop Financial, announce the acquisition of a 26-acre development located at 186-264 Tierra De Paz Loops in Cape Coral, Florida. The planned $120 million development, dubbed Siesta Lakes, will be a Class-A residential rental community. Current plans for Siesta Lakes include 412 apartment units comprising one-, two-, and three-bedroom floor plans, with each residence having a private balcony, as well as open concept living areas and high-end finishes. Amenities will include a gym, pool, dog park, pickleball courts, business center, and more. Construction is slated to begin in Q4 2022.

Montage at Midtown To Start Construction at 2101 Jackson Street, Fort Myers, Florida

7:00 am on July 27, 2022 By Colt Dodd

Montage at Midtown is a new multi-family venture slated for Fort Myers, Florida. The million-dollar venture will offer 321 units on a 4.71-acre plot. According to the Fort Myers Community Redevelopment Agency, the project will deliver three buildings: a four-story residential building, a five-story amenity building, and a six-story, 585-spot parking garage.

Tide Marsh To Offer 63 Single-Family Homes at 17920 Winkler Road, Fort Myers, Florida

7:00 am on June 8, 2022 By Colt Dodd

Tide Marsh, a single-family housing development, is currently undergoing construction in Fort Myers, Florida. The venture offers 63 homes. Houses measure from about 1,500 square feet to over 3,000 square feet each. They start at $550,000.

Cove at West Port Starts Selling Homes at 1132 Moss Cove Court, Port Charlotte, Florida

7:00 am on June 7, 2022 By Colt Dodd

After much anticipation, Cove at West Port has started selling single-family homes. There are seven floor plans to choose from, ranging from 1,661 square feet to 3,313 square feet each. Ownership starts at $375,000. The most expensive homes cost around $470,000.

The Ritz-Carlton Residences, Estero Bay Announces $150 Million In Sales Within 14 Days, New Renderings Unveiled

8:00 am on April 20, 2022 By Oscar Nunez

The Ritz-Carlton Residences, Estero Bay, a residential development coming to one of Southwest Florida’s last available stretches of waterfront within 500 acres of lush lands, reaches a new milestone upon selling $150 million of inventory in just 14 days after the official launch of the first tower with 112 units. Designed by globally-acclaimed architecture firm Arquitectonica and developed by London Bay Development Group, the highly anticipated project is comprised of two 22-story towers containing a combined 224 distinguished residences featuring interiors by Meyer Davis. Ground breaking is expected to occur later this year, aiming for completion in 2025.

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