Innovation Hub (iHub) in Fort Myers has a new owner and a new name. ITEC LLC, a privately held company in Naples, closed on the property recently and renamed it Alico ITEC Park – Innovation, Technology, Enterprise, Commerce. The 240-acre parcel near Florida Gulf Coast University’s main campus is south of Southwest Florida International Airport on the soon-to-be, four-lane Alico Road — a key to the Park’s strategic location. Construction will begin in the third quarter of 2017.
Alico ITEC Park is home to FGCU’s 25,000-square-foot Emergent Technologies Institute that houses FGCU’s Institute for Entrepreneurship’s Runway Program. The program is an incubator for growing entrepreneurs, offering students access to a wide variety of new technology to help them research concepts related to a range of growing scientific fields including renewable energy, water quality and engineering. The goal of the facility is to educate and connect entrepreneurs.
ITEC LLC will reposition the property to be Southwest Florida’s premier upscale business park. A wider range of end users will be grouped according to the intensity of their proposed use to ensure compatibility. The park’s users will employ eco-conscious practices with a focus on architecture, technology and security, with restrictive covenants in place to protect the users’ investment.
North–south connectivity to Ben Hill Griffin Parkway, I-75, Three Oaks Parkway (the only true cloverleaf interchange in Lee County), and proximity to the international airport provide quick access to goods, services and multiple labor markets. Historically, strong economic growth occurs close to international airports and/or public universities.
ITEC business owners and tenants will have access to a young, dynamic and educated workforce, as more than 700,000 workers are within a 30-minute drive of the site.
“We are already getting great interest from national, regional and local companies that would benefit from ITEC’s strategic location,” said Paul Hardy, principal of ITEC LLC. “It’s a rapidly growing residential area of south Lee County which is a plus. Just look at some of the nearby large communities such as Miromar Lakes Beach & Golf Club, the soon-to-be developed Centerplace and the nearly 4,000-acre proposed WildBlue, for instance.”
For more information contact Jessica Russo with ITEC LLC at (239) 849.0012. A website is in development and will be launched at http://AlicoITEC.com.