Development & Market Updates

A 42,000 sq ft retail and service center has broken ground at the intersection of Daniels Pkwy and Six Mile Cypress. Anchored by a regional grocer, the project is slated for completion in Q2 2026.

Lee County commissioners approved a 280-unit Class A multifamily development near the Gateway area off SR-82. The project includes workforce housing units and structured parking.

A growing regional healthcare provider has opened its third Southwest Florida location in south Fort Myers, occupying 8,500 sq ft of medical office space along US-41.

A 12-acre industrial-zoned parcel along the I-75 corridor in Lehigh Acres sold for $3.2M. The buyer, a regional logistics firm, has filed for site plan approval for a 90,000 sq ft distribution facility.

Cape Coral City Council approved first reading of a mixed-use overlay district for the downtown waterfront area, allowing residential over commercial development up to 6 stories along the Cape Coral Pkwy corridor.

Two national retail tenants have executed leases at Estero Town Center, filling the last remaining inline spaces. The additions bring the center to 98% occupancy, reflecting continued demand along the US-41 retail corridor.