Lintree Medical Plaza
15455  Collier Blvd
Naples, FL 34119

EXPLOSIVE GROWTH


Founders Square taking shape east of Collier Blvd.

By Staff | On December 03, 2020
Tim ATEN Knows
Timatenknows@Floridaweekly.Com
Q: Any Update On Construction At Former Pelican Nursery At The Corner Of Immokalee And 951?
— Betsy Krape, Naples
A: Since Last Answering Questions About Founders Square Nearly A Year Ago, A Lot More Is Known Now About The Mixed-Use Development, But A Great Deal Still Remains To Be Known About The “Reimagined” 55 Acres Of The Former Pelican Nursery On The Southeast Corner Of Immokalee Road And Collier Boulevard.

Getting To The Pointe
Vertical Construction Began This Fall On The Pointe At Founders Square. Steel Girders Now Form The Skeleton Of What Will Be A 38,000-Square-Foot Restaurant-Retail Hub Nearest One Of The Busiest Intersections In Collier County.

About Two-Thirds Of The Tenants Coming To The Pointe Are Already Known. Most Of The Businesses Have Been Heralded By Trinity Commercial Group — The Estero-Based Real Estate Firm That Co-Owns Founders Square With Naples-Based Barron Collier Corp.;';';';';';''; And Philadelphia-Based Metro Commercial.

The Tallest Girders In The Center Mark The Entrance To The Second Location Of South Street City Oven And Grill, Which Will Anchor The Horseshoe-Shaped Cluster On More Than 5 Acres. The 6,200-Square-Foot South Street Will Be Flanked By The Fourth Area Location Of Tacos & Tequilla Cantina And A Nearly 6,000-Square-Foot Steakhouse Yet To Be Named. Skillets Breakfast-Lunch Restaurant Will Locate Next To The Tex-Mex Venue While Luxury Nails & Spa And A National Retailer Will Round Out That Southwestern Leg Of The Pointe. Fuji Sushi Bar & Asian Bistro And Palumbo’s Pizzeria Will Be Built Out In Units On The Northeastern Leg, With A Few Other Businesses Yet To Be Announced.

The Pointe Is Slated For Completion In Summer 2021 With The First Businesses Targeted To Open That Fall. All Restaurants Coming There Will Have Outdoor Seating.

Life At The Haldeman
The Haldeman Luxury Apartments, A 400-Unit Residential Community, Is Being Built Along The Southern Edge And Southeast Corner Of Founders Square. A Substantial Part Of Founders Square’s Acreage Is Reserved For The Haldeman Apartment Community. The Multifamily Residential Units Are Planned For Five Four-Story Buildings On More Than 23 Acres With Large Lakes And Rows Of Trees Separating The New Apartments From The Existing Tuscany Cove Community To Its South.

Atlanta-Based Davis Development Inc., Doing Business As DD Pelican LLC, Purchased The Acreage For $9.8 Million In March From The BCHD Partners II LLC. The Partnership Purchased The Longtime Pelican Nursery Property In January From Tree Plateau Inc. For $20.2 Million, County Property Records Show.

Davis Development Develops And Manages Class A Multifamily Apartment Communities In Georgia, Florida, Kansas, North Carolina, South Carolina And Texas. In Florida, It Has Properties In Bradenton, Pinellas Park And Sarasota With Communities Coming Soon In Jacksonville And Melbourne.

Circling The Square
The Concrete Shell For A Nearly 35,000-Square-Foot Medical Office Building Was Quickly Erected In Late October With Tilt Walls Near Founder Square’s Collier Boulevard Entrance, Which Will Have A Bridge Over The Canal And A New Traffic Signal In Line With The Entrance To Pebblebrooke Center. Physicians Regional Healthcare System Signed A 15-Year Lease For The Two-Story Building Under Construction South Of The Pointe.

In Mid-June, MedProperties Realty Advisors LLC And Catalyst Healthcare Real Estate Closed On The 2.74-Acre Property Near The Future Center’s Entrance Off Collier Boulevard. The Building Is Being Developed By Pensacola-Based Catalyst, Which Has Had A Longstanding Business Relationship With MedProperties, A Dallas-Based Healthcare Real Estate Private Equity Firm.

Meanwhile, Passersby Will Notice A Large, Metal Frame Taking Shape Smack-Dab In The Middle Of Founders Square. That’s Where A Georgia Firm Is Developing A Climate-Controlled, 110,000-Square-Foot, Three-Story Self Storage Facility. Alpharetta-Based Founders Square Storage LLC Purchased The 2.3 Acres In July For $2.65 Million.

A Circle K Convenience Store With A Gas Station Also Has Been Proposed Near The Pointe And Between The Two Entrances Into Founders Square On The South Side Of Immokalee Road. A Site Development Plan For The Construction Of A New 5,394-Square-Foot Convenience Store With Nine, Dual-Sided Fueling Pumps With An Overhead Canopy Has Been Proposed, County Records Show, But This Project Is Not A Done Deal Yet.

More To Find At Founders
Future Plans In Store For An Additional 10 Acres Or More Of Vacant Commercial Property At Founders Square Is Still Unknown. Nearly 5 Acres Of Retail Possibilities Are Available Between The Pointe And The Self-Storage Center. Additional Businesses Planned For More Than 6 Acres Of Highly Visible Outparcel Lots Along Immokalee Road Also Have Not Been Announced. ¦
— “Tim Aten Knows” Is Published Each Week In Naples Florida Weekly. Mr. Aten Is Managing Editor Of Gulfshore Business Magazine. Email Questions To TimAtenKnows@Floridaweekly.Com. Follow @ TimAtenKnows On Facebook, Instagram, LinkedIn And Twitter.
The Southwest Florida region's rapid growth in people keeps on ticking

SOUTHWEST FLORIDA IS ONE OF THE FASTEST-GROWING REGIONS NATIONWIDE 

Southwest Florida is one of the fastest-growing regions nationwide.

The region, Charlotte, Collier and Lee, added 24,000 residents from 2017 to 2018, up 1.91% from the previous year, according to a recent U.S. Census estimate. More growth? The tri-county area population, now at 1.3 million people,
has grown 19.5% since 2010, or 228,000 people, according to Census data analyze  by real estate data firm CoStar. That’s faster than other Southeast regions, such as Charleston, S.C., and the second-fastest in Florida, behind Orlando.

The CoStar report puts the growth in comparison context, including these nuggets:

• If the three counties made up an individual U.S. metro area, it would rank as the No. 43 largest nationwide, ahead of Richmond, Va., and behind Memphis, Tenn.

• The seventh-fastest growing metro area in the nation over the past eight years is Cape Coral-Fort Myers. The Naples- Immokalee-Marco Island area is a separate MSA;

• The region’s growth is up more than 600 basis points over the Florida average growth rate.

In addition to more cars on the roads, the rapid increase in people has led to a rise in multifamily housing projects, well-documented as the boom shows few signs of abating.

For one, at least 6,100 apartment units have been delivered this cycle, according to CoStar data, with another 2,600 units in the pipeline. “A continued high rate of population growth is expected to boost multifamily demand in the region,” reports CoStar, “as well as elevate Southwest Florida’s appeal among multifamily developers nationwide.” 

 Florida is the third most populated state in the country
    COLLIER IS AMONG THE COUNTIES IN FLORIDA THAT ARE EXPERIENCING STRONG GROWTH 

    The five counties that make up Southwest Florida are experiencing strong growth. These include: 

    • Charlotte County
    • Collier County
    • Glades County
    • Hendry County
    • Lee County

    Google Public Data website and The U.S. Census Bureau breaks down growth throughout the state, as well as by county. Here are some of the most important data points as they relate to Southwest Florida:

    Charlotte County Population: Approx. 182,033 (2017)
    Collier County Population: Approx. 372,880 (2017)
    Glades County PopulationApprox. 13,754 (2017)
    Hendry County Population: Approx. 40,347 (2017)
    Lee County Population: Approx. 754,610 (2017)

    Lee County, for example, is the fastest growing county in Southwest Florida. And while Glades and Hendry County are among the smallest in the state, both have experienced growth since the 2010 census.

    Why is this Important?

    Population growth is important for a variety of reasons, especially when it comes to economic development. Consider the following:

    Businesses and commercial developers and builders are more likely to target counties with a growing population

    Developers and builders are most interested in regions with an ample supply of employable workforce

    The growing market, tax structure and cost of living in southwest Florida make it an ideal location for business growth

    The Southwest region of Florida is among the fastest growing in the entire state and projections indicate this trend will continue. There’s reason to believe the Southwest Florida region will continue to benefit from that growth.

    SWFL overall real estate activity has increased considerably since the health crisis in March.

    SOUTHWEST FLORIDA RESIDENTIAL ACTIVITY SURGES AMID PANDEMIC 

    by: Kevin McQuaid Commercial Real Estate Editor

    Throughout the country, the COVID-19 pandemic has rocked business and sent much of the commercial real estate industry reeling.

    But in Southwest Florida, overall real estate activity — as measured in deed transactions and permits — has increased considerably since the start of the health crisis in March.

    Permits pulled for residential buildings — from single-family homes to apartment complexes — are up 19.3% for the 12-month period ended Sept. 30 in Charlotte, Lee and Collier counties.

    At the same time, pockets of Southwest Florida are experiencing record sales of residentially zoned land and dwellings.

    In Collier County, the planned Ave Maria community by Barron Collier Cos. and partners continues to be among the most active in the state in terms of new home building and sales.

    To meet the demand, national and regional builders have stepped up their land acquisitions in the past few months.

    “Developers now are buying what they can to meet the demand from consumers as good sites seemingly shrink.”

    But the surge has, perhaps not surprisingly, pushed up home prices and whittled away at existing inventory.

    Taylor says home prices have risen roughly 15% in the past year in the region.

    Thibaut doesn’t expect activity to slow in the coming year, either.

    “The number of residences under construction has gone up dramatically in the past six months,” he says. “So as a result, we’re going to see a lot of new developments begin in 2021 and deliveries well into 2022.”

    There's no stopping it

    COLLIER COUNTY CONTINUES TO GROW AND DEVELOP

    The coronavirus pandemic hasn't derailed growth and development in Collier County.

    That much is clear from a dizzying number of projects that are chugging along and moving forward, despite the health crisis.

    Nick Casalanguida, Collier's deputy county manager, offered a glimpse at current and future private and public investments, running into the billions of dollars, during a virtual Wake Up Naples breakfast Wednesday, organized by the Greater Naples Chamber of Commerce.

    In a slide show, he attempted to present "a little bit of everything," but admitted that there's so much construction going on — and planned — that he couldn't come close to sharing it all in a less-than-one-hour presentation.

    "There is still a significant amount of investment going on in Collier County," speaking volumes about the community's attractiveness even in tough times, Casalanguida said.

    Investors are starting to "step in" with projects proposed for the county's economic development zones — or Innovation Zones — located in Golden Gate, Ave Maria and around the intersection of Collier Boulevard and Interstate 75.

    The zones, which have been slow to take off, are "starting to take shape" and "it's a good thing," Casalanguida said.

    Here's how the zones work: After county commissioners choose an area and set a base tax year, any tax increases collected in the area from that time forward can be captured and deposited in a trust fund developers can tap. Up to $1 million can be put into the fund for any zone in any year.

    Another interesting development in the works with the potential to create many jobs.  A multimillion-dollar logistics, distribution and warehouse operation by Uline,  proposed near the county's new sports complex off Collier Boulevard near I-75.

    The investment interest in Collier, Casalanguida said, is due to several factors including low crime rates, great schools, good infrastructure and an attractive climate. 

    Q: What’s being built next to the Naples Volvo on Naples Boulevard?
    — Bill Hamilton, Bonita Springs
    A: Site clearing began this summer for Boulevard Motor Condos, under construction on vacant commercial property between the CubeSmart self-storage center and the Volvo dealership on the east side of Naples Boulevard between Pine Ridge Road and Hollywood Drive in North Naples.

    The 36,774-square-foot automobile storage business will have nine luxury garage condominiums in each of two air-conditioned buildings.

    Expected to be completed next spring, the project is being developed by North Naples resident Thomas M. Taylor, who also built the six-building Naples Motor Condos on Livingston Road in 2019. The architect is PK Studios and the general contractor is Waltbillig & Hood, both of North Naples.

    Uncommon ramen
    Q: Just saw Hurricane Grill on Naples Boulevard is gone and a sign for Yoko- San “coming soon” is up. Is Hurricane Grill moving?
    — Jessica Tucker Manchette, Naples

    A: Yoko-San Ramen is coming this month to the former space of Hurricane Grill & Wings, which permanently closed its North Naples franchise last month after operating for 14 years on Naples Boulevard.
    The couple also operates Araya Sushi Asian Grill, which they opened in 2014 at Uptown Center on Immokalee Road in North Naples. They plan to launch their fourth local restaurant, the second location of Fuji Sushi Bar & Asian Bistro, by Feb. 1 in The Pointe at Founders Square at Immokalee Road and Collier Boulevard in North Naples.

    “Tim Aten Knows” is published each week in Naples Florida Weekly



    More details available for Founders Square development

    Q: What’s the update on Collier Boulevard and Immokalee Road that we thought would be shops and restaurants?— Lori Ricci, North Naples

    A: Simultaneous construction on four different building projects progresses daily at Founders Square, the mixed-use development emerging at the former Pelican Nursery property on the southeastern corner of Immokalee Road and Collier Boulevard.

    The joint effort by Barron Collier Companies, Trinity Commercial Group and Metro Commercial has quickly taken shape on more than 55 acres. A 400- unit apartment community, a two-story medical office building and a three-story self-storage center are all under construction together with the development’s conversation piece: The Pointe at Founders Square, a 12-unit retail center that will be dominated by at least eight restaurants.

    Since the last major update on Founders Square in December, a few more tenants and some more details are known about The Pointe and the development, in general.

    Fronting Collier Boulevard, or 951, at the signalized entrance into Founders Square, Naples-based Physicians Regional Healthcare System is leasing a nearly 35,000-square-foot medical office building. In the middle of Founders Square, Life Storage will open a climate-controlled, 110,000-square-foot self-storage facility this summer that includes wine storage with separate security access, wine-specific temperature and humidity controls, and an independent, backup generator system. 

    “Tim Aten Knows” is published each week in Naples Florida Weekly. Mr. Aten is managing editor of Gulfshore Business magazine. Email questions to TimAtenKnows@floridaweekly.com. Follow @ TimAtenKnows on Facebook, Instagram, LinkedIn and Twitter.

    Groundbreaking of Founders Square, a 55-acre mixed-use development is announced

    Barron Collier Companies and Metro Commercial Development Group announce the groundbreaking of Founders Square, a 55-acre mixed-use development located on the southeast corner of Immokalee Road and Collier Boulevard in Naples, Florida. The development is slated for completion in summer 2021.

    Founders Square will be anchored by The Pointe, which is a collection of restaurants and other service and retail tenants. The restaurants will vary in type and sizes, providing an option to suit everyone’s tastes. The Pointe’s upscale architecture and pedestrian-friendly design will create a dynamic meeting place for this rapidly growing trade area. 

    Founders Square will be home to The Haldeman, which is a 400-unit Class A apartment community built around the extensive lake system of Founders Square. In addition, Founders Square will include a 35,000 square foot medical office building adjacent to The Pointe.

    Why is the Southwest Florida Real Estate Market So Hot?


    The real estate market nationwide is seeing unprecedented surges. One of the hottest markets in the US is Southwest Florida. As of November 2021, Southwest Florida is showing 0.3 months of inventory in Collier, Lee and Charlotte counties, which is down 80% of where we should be for a balanced market. This is mostly a result of strong buyer demand, high competition from deep-pocketed institutional investors, builders’ inability to provide new inventory, and a dash of seller reluctance as replacement properties are not as easy to find, thus limiting new resale inventory.


    Commercial Market

    With the rise of remote working and concern for health and well-being of employees, expect more of a “hybrid-type” model for many companies going forward. Shared flex spaces are expected to be an area of growth while we might see some polarization between high-quality/adaptable buildings vs those outdated/less flexible. It’s still too early to tell but it’s no secret that online shopping has forced downward pressure on brick and mortar retail space and hotels have suffered as well.

    According to the National Association of Realtors, Southwest Florida was ranked as the #1 commercial market in the US in 2020, more specifically Cape Coral and Fort Myers. This shows that investors are comfortable making moves here in Florida which is a big boost for the local economy, thus helping provide more jobs.



    Groundbreaking of Founders Square, a 55-acre mixed-use development is announced

    Barron Collier Companies and Metro Commercial Development Group announce the groundbreaking of Founders Square, a 55-acre mixed-use development located on the southeast corner of Immokalee Road and Collier Boulevard in Naples, Florida. The development is slated for completion in summer 2021.

    Founders Square will be anchored by The Pointe, which is a collection of restaurants and other service and retail tenants. The restaurants will vary in type and sizes, providing an option to suit everyone’s tastes. The Pointe’s upscale architecture and pedestrian-friendly design will create a dynamic meeting place for this rapidly growing trade area. 

    Founders Square will be home to The Haldeman, which is a 400-unit Class A apartment community built around the extensive lake system of Founders Square. In addition, Founders Square will include a 35,000 square foot medical office building adjacent to The Pointe.

    The Davis Group, based in Atlanta, GA, is developing a state-of-the-art, climate-controlled, 110,000-square-foot self-storage facility. The facility will feature convenient drive-up units in an architecturally cohesive three-story building. 

    Founders Square combines luxury living, shopping, dining, entertainment, medical and other services as Naples’ newest mixed-use development. Three entrances, including one signalized entrance on Collier Boulevard and two additional entrances on Immokalee Road, create ease of access to the center. A limited number of parcels are available for purchase and lease with locations fronting Immokalee Road and interior sections. Metro Commercial and Trinity Commercial Group are marketing the property.   

    Barron Collier Companies is one of the largest diversified companies in Florida dedicated to the responsible development, management, and stewardship of numerous land holdings.  Led by the Collier family, with roots tracing back one hundred years to Collier county founder Barron G. Collier, Barron Collier Companies pursues its vision for Southwest Florida with successful enterprises in several areas including agriculture, land development and mineral management. Online: www.barroncollier.com.


    Founder’s Square MOB pre-leased to Physicians Regional Healthcare

    MedProperties Realty Advisors, LLC and Catalyst Healthcare Real Estate have teamed to develop a medical office building in a new 55-acre retail and residential mixed-use development — Founders Square — in Naples.

    MedProperties and Catalyst closed on the planned 35,000 square foot Founders Square MOB at the corner of Immokalee Road and Collier Boulevard in June. The facility will be developed by Pensacola-based Catalyst, which has had a long-standing business relationship with MedProperties.

    Darryl Freling, Managing Principal of MedProperties, a Dallas-based healthcare real estate private equity firm, said the MOB is already 100 percent pre-leased for a 15-year initial term by the market-dominant health system in Naples, Physicians Regional Healthcare.

    Founders Square will include more than 400 luxury multifamily units and more than 270,000 square feet of retail space, including multiple restaurants, several grocery stores and a high-end spa.

    Catalyst Founder and CEO Chad Henderson said the Founders Square project has many positive outcomes for patients and the surrounding community.

    “Naples is an ideal city in which to locate a new medical office building,” says Mr. Henderson. “It’s a popular community with superb demographics. Physicians Regional Healthcare is an excellent tenant and will offer a strong, diverse mix of medical specialties, including primary care, urgent care, physical therapy/rehab, imaging and a lab.”

    TIM ATEN KNOWS
    November 18, 2021
    timatenknows@floridaweekly.com


     8 restaurants readying to open at The Pointe at Founders Square

    Q: When will the restaurants be opening in Founders Square? What else is planned for that area?— Carol Woolf, North Naples

    A: Supply chain issues have delayed launch dates for the restaurants and other businesses coming to The Pointe at Founders Square in North Naples. Instead of late fall openings, as reported during the last major update here in early June, expect the businesses to open this winter. Most of the units are targeted to open in early 2022 in the new 39,000-square-foot restaurant and retail hub on the southeastern corner of Immokalee Road and Collier Boulevard.

    Outback Steakhouse, which is not scheduld to open its third Collier County location until mid-March, at this point, will be one of the last restaurants to launch at The Pointe.

    The center’s exterior shells have been completed and interior build-outs have begun on some of the units. The roadside monument sign displays all the businesses coming there but only two units, Skillets and Collier Urgent Care, display permanent signage on them so far.

    Skillets, the breakfast-lunch concept that began in North Naples more than 25 years ago, most likely will be the first restaurant to open at The Pointe. Skillets founder Ross Edlund is targeting to open his 12th location there at the end of December.

    Next up probably will be I Heart Mac & Cheese and More, the first location in Southwest Florida for a growing fast-casual chain specializing in made-to-order macaroni and cheese bowls and grilled cheese sandwiches. The regional franchise owner, Naples native Alfonso Olivos, is looking to open his first restaurant in about six to eight weeks. “We are hoping to open by the end of the year but not sure that’s going to happen,” he said.

    Kelly and Aldo Musico are shooting to launch their fourth location for Tacos & Tequila Cantina on Jan. 22. Jon and On Augsondthung, the couple who also owns and operates Fuji Sushi Bar & Asian Bistro and Araya Sushi Asian Grill in North Naples, are planning to open their new Fuji Sushi Bar & Asian Kitchen by Feb. 1.

    The Plaza at Founders Square retail center will be built on this lot in front of The Pearl apartments in North Naples. TIM ATEN / FLORIDA WEEKLY



    The Plaza at Founders Square retail center will be built on this lot in front of The Pearl apartments in North Naples. TIM ATEN / FLORIDA WEEKLY


    Trinity Commercial Group is now pre-leasing the second phase of Founders Square. Construction has not started yet on The Plaza at Founders Square, a more than 48,500-square-foot retail strip that will be anchored on its eastern end by Sunshine Ace Hardware. The Plaza will be on nearly 5.5 acres of vacant commercial property in the center of the development, surrounded by The Pointe, Physicians Regional Healthcare System offices, The Pearl 400-unit apartment community and StorQuest Self Storage. Other specific stores or types of businesses for The Plaza are not available yet, but 1,461-square-feet of outdoor dining is planned on the western end of the strip adjacent to a large unit, one of eight units shown on site development plans filed with the Collier County Growth Management Department.

    Development also has yet to begin on seven outparcel lots fronting Immokalee Road in Founders Square just east of The Pointe. A 4,770-square-foot 7-Eleven convenience store and gas station with eight fueling stations and a freestanding car wash is planned on 1.8 acres near The Pointe. Naples-based First Florida Integrity Bank, which will merge into Dallas-based First Foundation, plans a 3,300-square-foot, one-story bank building with drive-thru lanes on an acre near the northeastern corner of Founders Square. Of the five remaining outparcels, expect businesses such as automotive services, banks and fast-food restaurants, said David Genson, president of development at Barron Collier Companies of Naples.



    The new Collier County government services center at Heritage Bay is expected to open soon on Collier Boulevard just north of Immokalee Road in North Naples TIM ATEN / FLORIDA WEEKLY

    Founders Square is a joint effort of Barron Collier, TCG and Metro Commercial being built on about 55 acres that formerly were owned by Pelican Nursery, a wholesale landscaper that operated there for 30 years.

    Office shuffle

    Q: Do you know why the DMV is permanently closed at Green Tree?
    — Debra Harrison, North Naples

    A: The short answer is that the Collier County Tax Collector’s office in Green Tree Center closed to relocate to the new county government services center under construction at Heritage Bay on Collier Boulevard just north of Immokalee Road. But it’s a little more complicated.

    “Initially, the Tax Collector’s office had planned on staying at Green Tree until the move,” said Collier County Tax Collector Rob Stoneburner. “Our lease was set to expire at the end of July 2021. After several months of talks, we were unsuccessful in acquiring an extension through December.”

    So, the office closed July 23, well before construction was completed on the new 22,750-square-foot county center in North Naples. “Contractually, the construction manager (Kaufman Lynn Construction) has until Jan. 18, 2022, to complete the project. We are confident that we will meet or better that date,” Mr. Stoneburner said.

    The new office building will initially have office space for the county tax collector, property appraiser, clerk of the Circuit Court and the supervisor of elections. Growth Management will have a presence there, as well, with a kiosk for Collier County utilities payments, he said. 


    New Medical Office Space in the Greater Naples Market. 

    Located just north of the signalized intersection of Immokalee Rd and Collier Blvd(951)

    Class A Single Story Medical Office for lease; Opportunity for a: surgery center(generator will be added), dental office, eye care, dermatology, aesthetic plastic surgery/spa, walk in clinic, concierge practice, physical therapy, etc.

     

    PRIME LOCATION

    Located just north of the signalized intersection of Immokalee Rd and Collier Blvd(951)

    Class A  Medical OfficeS

    One of the fastest growth markets in Collier County

     fully leased 100%

    More medical offices available in other locations:
    Major development breaking ground on Immokalee Road in Golden Gate Estates

    A local development that includes a 400-unit apartment complex and about 350,000 square feet of commercial construction is expected to break ground this week on nearly 70 acres on Immokalee Road in Golden Gate Estates. 
    The property on the west side of Immokalee Road just after it curves north at what is known as the Randall Curve, begins on the northwest corner of where Fourth Street Northeast lines up with Randall Boulevard and ends just beyond the traffic signal at Orange Tree Boulevard, south of Oil Well Road. The Davis Group, a commercial developer based in Atlanta, owns slightly more than 50 acres that it has named Randall at Orangetree on development plans filed with Collier County, while another more than 19 acres interconnected to its north are being jointly developed by Naples-based Barron Collier Companies and Metro Commercial. Peninsula Engineering, one of the Barron Collier Companies, is involved with the development of both properties. 

    In addition to the Randall at Orangetree apartments being built on more than 31 acres across Immokalee Road from Orangetree residential communities and the Publix-anchored Neighborhood Shoppes at Orangetree, outparcel development fronting Immokalee Road is planned for a 7-Eleven convenience store and gas station, a McDonald’s drive-thru, Brickyard Express Car Wash, Randall Curve Storage and medical offices. Also ringing the development will be about 10 additional outparcel lots with tenants still unknown.
    A 400-unit apartment community will be built by Georgia-based Davis Development, which develops and manages luxury apartment communities, including the 400 units at The Pearl Founders Square on the southeast corner of Immokalee Road and Collier Boulevard. The 7-Eleven store and gas pumps will be built on 2 acres with its own car wash and electric vehicle charging stations. The three-story self-storage business will be an 89,325-square-foot building. The McDonald’s restaurant is proposed on the southwest corner of Immokalee Road and Orange Tree Boulevard. 


     

    Lintree Medical Plaza
    15455  Collier Blvd
    Naples, FL 34119

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