Miami Based Homebuilder Lennar To Acquire Bonita Springs Based Homebuilder WCI Communities
Lennar will spend $643 million to acquire luxury homebuilder WCI Communities Inc., tying up two of the largest home construction companies in Florida as the U.S. real estate market continues to heat up. Despite the monthly decline reported this week by the Commerce Department, construction activity has accelerated for much this year. Builders are increasingly […]
New 260 Room Resort Hotel Approved For Bonita Beach Rd. West Of U.S. 41
For the second time in the past two months, the Bonita Springs City Council has voted to go against a decision by the city’s zoning board and approve a new hotel along the Bonita Beach Rd. corridor. By a 4 to 3 vote, the council members have approved the rezoning of 19 acres for the construction of a […]
Naples Residential Sales Down 14% In July; Prices Flat; Available Homes & Condos For Sale Increases Significantly
Total closed home and condominium sales finished down for the 10th straight month in the Naples Area with 627 properties changing hands in July compared with 726 one year earlier. This statistic and others are part of the Naples Area Board of Realtors (NABOR) July market report. 323 single family homes were sold last month which is […]
52 Room Hotel Slated For Bonita Beach Rd.
The Bonita Springs City Council has given the preliminary go-ahead to the developer of a 52 room boutique hotel to be built on the north side of Bonita Beach Rd., between Michigan and Wisconsin Streets. The 4 to 2 vote to approve the project comes on the heels of a decision by the city’s […]
Florida’s Population Tops 20 Million; Lee County Is State’s Fastest Growing Metro Area, Now Home To 726,000
Cushman & Wakefield released their inaugural Florida Population Report, an examination of population trends and its economic impact in Florida. The report, compiled by Cushman & Wakefield’s Research Team, analyzes population growth, employment levels, home values and retail sales activity in Florida’s eight major markets – Fort Lauderdale, Fort Myers, Jacksonville, Lakeland (Polk County), Miami-Dade […]