Development to begin soon.
Laura Layden | Naples Daily News
A new town planned for rural Collier County has reached a pivotal moment.
In late June, county commissioners quietly signed off on the new town that’s been years in the making.
The creation of the town, known as Big Cypress, appeared on the board’s summary agenda, reserved for noncontroversial matters.
One frustrated environmentalist spoke against the development before it came to a swift vote.
The town – planned by Collier Enterprises – won final approval along with three unrelated, undisputed items, in one fell swoop, at a county commission meeting June 27.
A town and two villages
The town will connect two new villages planned by Collier Enterprises, known as Rivergrass and Bellmar. It will replace the developer’s third approved village, Longwater, with the addition of roughly 544 acres to its borders.
Centered in and around the two villages, the town will span more than 1,544 acres, off Oil Well Road, east of Golden Gate Estates.
Read the full article.
For new homes in the Naples, Collier County, Florida area, contact David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
The town of Ave Maria will grow by nearly 1,000 acres.
On Tuesday, Collier County commissioners greenlighted the change, without debate, bringing the town’s size to 5,000 acres, the largest allowed by county rules.
The size doesn’t include Ave Maria University. Its roughly 1,000-acre campus and other public benefits, such as parks, aren’t counted in its borders under the approvals that allowed the town to be built on rural lands, roughly 25 miles east of Naples.
Why is the town expanding?
Mostly, it’s to allow for more single-family homes to be built, explained David Genson, president of development for Barron Collier Cos. in Naples.
Barron Collier Cos. is the force behind the town, in partnership with Tom Monaghan, the creator of Domino’s Pizza and founder of Ave Maria University.
Get the full story on naplesnews.com
Explore homes in Ave Maria in southwest Florida! Contact David at David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
A lingering legal dispute isn’t holding up the rural village of Rivergrass.
The planned village is moving ahead in eastern Collier County.
While parts of a legal challenge brought by the Conservancy of Southwest Florida are still pending and headed for trial, construction is expected to start soon on the expansive master-planned community.
The community will be built on roughly 1,000 acres off Oil Well Road, east of Golden Gate Estates – on land once used for farming.
“We anticipate breaking ground on Rivergrass in 2023 and look forward to the first homes being available to residents by the end of 2024,” said Christian Spilker, president and CEO of Collier Enterprises and a partner in The Tarpon Blue Family of Cos.
Read more about Rivergrass new home construction in eastern Collier County.
For more information about buying a new construction home in Southwest Florida contact David. Email or call David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
An out-of-town developer has proposed a lofty redevelopment project in downtown Naples.
It would span nearly two city blocks.
The application is still winding its way through the city’s review and approval process. Ultimately, it needs a thumbs up from City Council – and a final sign off from the city’s Design Review Board – to happen.
Here’s some of what we know:
The redevelopment proposal involves more than 4 acres of mostly vacant land, between the historic Tin City and the infamous Fifth Avenue shopping district.
The property sits east of Four Corners, where U.S. 41 turns east toward Miami…
Long-time Naples residents will recognize one of those addresses as the former home of the iconic St. George & The Dragon restaurant, the dimly lit, old-school steakhouse that operated at 936 Fifth Ave. S. for more than 40 years…
Read more to about whether this development will include a Restoration Hardware and Whole Foods market.
Contact David for all your real estate desires in southwest Florida – Email or call David@DavidFlorida.com or 239-285-1086.
Laura Layden | Naples Daily News
Collier County commissioners have approved another rural village with thousands of homes.
With two new faces on its board, the commission voted unanimously Tuesday in favor of the project, known as Brightshore.
County staff and the county’s Planning Commission both recommended approval.
The vote by county commissioners came swiftly after the developer agreed to offer another $50,000 to help address neighborhood concerns about traffic and access on Immokalee Road.
The village is planned north of Immokalee Road on roughly 681 acres, near Red Hawk Lane, a few miles east of the Audubon Corkscrew Swamp Sanctuary.
Along with approving the village, the commission agreed to the creation of a community development district and accepted two developer agreements to provide land for future road improvements on Immokalee Road and to supply water and wastewater services within the development.
Read more here
For more information about buying a new construction home in Southwest Florida contact David. Email or call David@DavidFlorida.com or 239-285-1086.
Housing Market Favorable for Preseason Buyers
Naples, Fla. (November 23, 2022) – Speculation that home sales in October would drop dramatically in Collier County following Hurricane Ian was proven inaccurate as closed and pending sales for the month increased 23.7 and 8.7 percent, respectively, compared to closed and pending sales reported in September, according to the October 2022 Market Report by the Naples Area Board of REALTORS® (NABOR®), which tracks home listings and sales within Collier County (excluding Marco Island). And even though 525 listings were either terminated, expired or withdrawn from the Southwest Florida MLS during October, overall inventory for the month increased 72.7 percent to 2,325 properties from 1,346 properties in October 2021.
Admittedly, compared to 2021 which was a standout year for real estate in Collier County, closed sales in October decreased 24.5 percent to 662 closed sales from 877 closed sales in October 2021. Pending sales (homes under contract) also decreased 43.3 percent to 673 pending sales from 1,186 pending sales in October 2021.
According to NABOR®’s statistics, October’s overall median closed price held fast at $555,000, the same as was reported in September. But compared to October 2021, the overall median closed price increased 23.3 percent from $450,000. Interestingly, the statistics showed a 1.6 percent decrease in median closed price for condominiums between September and October. Haynes added that, “While we saw a slight increase in new listings by condominium owners who had damage and decided to sell instead of rebuild, the hurricane is not going to spark a ‘fire sale’ trend.”
There was a 26.1 percent increase in new listings in October compared to September, which broker analysts say is typical this time of year. Overall new listings in October decreased 13.9 percent to 908 from 1,054 in October 2021, but new listings for single family homes soared in October and were just 10 properties shy of the 548 new listings reported in October 2021. Preseason buyers will be pleased to find many more options than last year.
The NABOR® October 2022 Market Report provides comparisons of single-family home and condominium sales (via the Southwest Florida MLS), price ranges, and geographic segmentation and includes an overall market summary. NABOR® sales statistics are presented in chart format, including these overall (single-family and condominium) findings for 2022:
Get in touch with David for all your real estate needs in southwest Florida – Email or call David@DavidFlorida.com or 239-285-1086.
