Commercial Real Estate
Healthcare Network hosted a groundbreaking on May 21 that signals the start of construction for its future Orangetree Community Health Center in the north-central region of Collier County. The $15-million, two story medical complex will ensure that more than 41,000 residents in the Orangetree area, including Golden Gate Estates, will have access to high-quality medical…
Countryside Golf & Country Club in Naples is nearing another milestone as it begins foundation work of its self-described “Countryside 2.0” project, a comprehensive renovation that expands dining, social and recreation amenities while modernizing the community’s clubhouse. “The dynamics of our community are evolving,” said Joe Smith, Countryside’s general manager and chief operating officer. “We…
The Sanibel Captiva Trust Company celebrated its expansion into Fort Myers with a ribbon cutting ceremony on May 21 at its new Bell Tower office. Located at 13525 Bell Tower Drive, the 10,520-square-foot, two-story building is convenient for the firm’s growing base of clients in Fort Myers, Cape Coral, Estero and Bonita Springs. The building’s…
As commercial real estate investors look for ways to brace themselves against prolonged weak market performance in troubled regions nationwide, those whose properties have decreased in value should consider property tax appeal. At the heart of the discussion lies the potential for significant tax savings through a reduction in the property’s assessed value via an…
Stevens Construction has started construction of Shalimar Beach Resort located at 2823 W. Gulf Drive on Sanibel Island, announced Dan Adams, executive vice president/partner, Stevens Construction, Inc. Kicking off construction with a groundbreaking ceremony in March, Shalimar Beach Resort, the first ground-up resort to begin construction after Hurricane Ian, will be a 52,207-square-foot resort with…
The Sanibel Captiva Trust Company continues its expansion across Florida’s west coast with the opening of its seventh office, a two-story office building in Fort Myers with plenty of room for growth. The new location, 13525 Bell Tower Drive, is on the southeast side of Bell Tower at the corner of U.S. 41 and Daniels…
More than 200 dignitaries, community partners and guests came together on April 24 for a ribbon cutting ceremony to commemorate the grand opening of Compass Hotel By Margaritaville Naples. Located at 4805 Tamiami Trail N. in the heart of Naples, the all-suite, boutique-style hotel by TPI Hospitality features 119 suites offering studio, one-bedroom or two-bedroom…
Genesis of Naples, one of the top five volume Genesis franchises in the continental United States, announced it has acquired property and has been approved to break ground this summer on a new and expanded automobile dealership for the luxury vehicle brand. Located on 10.5 acres at the intersection of Pine Ridge Road and Interstate…
As you may know, SWFBT has been publishing its monthly “Commercial RE Update” for the past nine years. It is a snapshot of commercial real estate trends and topics in Southwest Florida. The next issue deadline for editorial content 5 pm Wed. May 8 and ad space and proof 5 pm Fri. May 10. System-ready…
Kensington Golf & Country Club is pleased to announce that it is launching a major clubhouse renovation and expansion project which will provide its members with a completely enhanced club experience. The construction project builds upon other major improvements in recent years, including the 2019 addition of Brighton Pointe, a 150-seat outdoor dining area; an…