Laura Layden | Naples Daily News
The Harbour Club looks much like it did after Hurricane Ian.
Ravaged by the deadly and destructive storm in 2022, the twin low-rise residential buildings are a sore reminder of the past.
Not for long.
After failed attempts to restore the co-op buildings by its collective owners, a local group of investors has acquired the bayfront property — at 1624 Gulf Shore Blvd. N. in Naples — with plans to redevelop it.
The plans: To build an “exclusive collection of premium condominiums” that look more like single-family homes, with prices that are more affordable to more people.
The property is within a roughly 1 mile stretch of road, dubbed the “Miracle Mile” after it showed so much resilience in the face of so much devastation from Ian. The area is seeing big changes, with a flurry of new development, as it recovers and evolves in the aftermath of the storm.
Last developed in the 1960s, the property, in Coquina Sands, overlooking Hurricane Harbor, sold for $17.5 million.
Read more about the Harbour Club redevelopment on naplesnews.com.
Are you in owning a luxury home in the Naples, Florida area? Contact David at David@DavidFlorida.com or 239-285-1086.
Phil Fernandez | Naples Daily News
Catching up on my accumulating Village of Estero correspondence: Estero is exploding with endeavors so today let’s hit a sampling of what you’re asking about. Roll out Numero Uno please:
“Thank you for your insightful and helpful articles,” said reader Brenan Riehl. “Do you know what the development timing is for the planned Woodfield Development commercial and residential project on Coconut Road across 41 from Coconut Point in Estero? When will construction commence?”
What’s the first phase of the massive project across from Coconut Point?
When we first broke the details of this U.S. 41 massive undertaking a couple of years ago, the goal had been for about now, and it appears to be pretty close to target, depending on the necessary red tape to protect the interests of all involved: The Village. The Village people. And the Village developer.
Read more about Woodfield Development and other Estero endeavors on naplesnews.com.
For more information about buying a home in the Estero, Florida area contact David at David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
After much back and forth, Naples City Council narrowly approved a new mixed-use building downtown.
First approved by council in 2013, the larger planned development known as Naples Square, has continued to evolve at the corner of Fifth Avenue South and Goodlette-Frank Road.
The new three-story building, known as Encore, will include 15 luxury homes on two floors, with 6,825 square feet of retail and office spaces sitting underneath.
The commercial uses could include a small cafe.
The hearing ran for hours, with several council members raising concerns about the project’s impact on everything from roads to water drainage – and questioning whether it violated city rules.
In the end, council voted 4-3 in favor of the project Wednesday.
Read more about this development on naplesnews.com.
Opus Stone, a gated neighborhood in north Naples, has released its price ranges.
According to a statement, homes in the 50-acre complex will cost at least $2 million. The project includes 51 residences located at Vanderbilt Beach Road and Massey Street, according to a recent article by Mark Gordon of Business Observer.
Seagate Development Group, the corporation behind the project, has recently released additional data regarding the Opus Stone, including:
The project will include three groups of new homes, each built on “oversized homesites.”
There will be 11 floor designs, with sizes ranging from 3,200 to 5,550 square feet under air.
Read the full article on naplesnewsnow.com.
For more information about new construction luxury homes at Opus Stone, contact David at David at David@DavidFlorida.com or 239-285-1086.
Mark H. Bickel, Laura Layden | Naples Daily News
There was some big news in the Southwest Florida real estate world on Tuesday.
Naples Daily News business reporter Laura Layden broke a story about a beachfront redevelopment site in Naples, also known as the “Miracle Mile,” fetching more than $100 million.
Layden reported the BH Group and The Kolter Group, both based in South Florida, purchased the Bahama Club, a mid-rise condominium complex, overlooking the Gulf of Mexico. The purchase price: $102.6 million.
View the photo gallery and read 5 Things to know about Naples “Miracle Mile” on naplesnews.com.
To find new construction homes in the Naples-Bonita Springs area contact David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
Dirt is flying on a long-awaited luxury resort development in Bonita Springs.
Heatherwood Construction has broken ground on the first phase of Cabana Resort, marking a significant milestone for what’s dubbed as an innovative condominium and entertainment mega-development.
The development has faced myriad challenges, from regulatory hurdles to supply chain shortages.
It’s rising on a 10-acre site, west of U.S. 41, between Luke Street and Meadowlark Lane on the north side of Bonita Beach Road. The vacant property sits next to Bonita Village, which has been absorbed into the new development.
Rodes Restaurant & Fish Market once operated on part of the land. The popular family-run eatery closed in 2019 after nearly 20 years in business, and its building came down a few years later, to make way for progress.
The first phase of Cabana Resort is a seven-story building, with 110 condominiums.
Read more about Cabana Resort on naplesnews.com
To find new construction homes in the Naples-Bonita Springs area contact David at David@DavidFlorida.com or 239-285-1086.
