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Growth Articles
Estero’s 2018 Commercial Permits of $63M Signal Robust & Diverse Growth
Commercial permits in 2018 totaled $62.9 million. After excluding the $100 million Hertz investment in 2014 and the...
Estero’s 2018 Residential Building Permits Hit A 12 Year High
The value of all residential permits issued in 2018 totaled $138 million -- the highest in over a decade. The total...
Estero’s 2018 Single Family Home Sales Increase 7% Hitting a New Record High
MLS records indicate that six hundred thirty-eight (638) single family homes were sold in Estero in 2018. Even though...
County launches Corkscrew Road Improvement Study webpage
Lee County has posted a page on their website that covers information regarding the Corkscrew Road Improvement Study at: https://www.leegov.com/corkscrew It provides a great deal of information, including: Interactive map of the affected area A sign-up for email...
Development Review Summary February 2018
A hotel is being proposed at Miromar Outlets, and an apartment complex may be coming to the Coconut Point area. Two senior living communities also are making their way through the development process. In 2017, the Planning & Zoning Board (PZB) heavily focused on...
Is the traffic heavy enough for you yet?
What's at Stake: Impact Fee funding for roads and schools How Can I Help: Attend the March 6 County Council Meeting and support the updated costs adoption When: Tuesday, March 6 9:30 am Where: Lee County Council Chambers, Old Lee County Courthouse, 2120 Main St., Fort...
Estero’s Single-Family Home Sales Fall Off in December; 2017 Achieves Record High Since 2010
Thirty-nine (39) single family homes were sold in Estero in December, down 40% from December, 2016. Despite weak sales in November and December, the five hundred ninety-four (594) homes sold in 2017, while only slightly ahead of 2016, marks the best year since 2010...
Estero’s December Commercial Permits Weak; 2017 Especially Strong
Commercial permits in December 2017 totaled $1,237,003, one of the lowest monthly figures this year. The $114 million permit value for 2017, as shown below, marks the second-best year for commercial investment in the last ten years, largely due the $82 million...
Estero’s December Residential Building Permits Include 2nd Genova Unit; 2017’s Total Permits Approach $90 Million
During December 2017, permits for forty-three (43) residential units were issued. This included a thirty-four unit building within Genova Coconut Point on Three Oaks, seven (7) single-family homes, and two (2) duplexes. Six of the nine single family units were...
Estero’s Single-Family Home Sales Drift Lower in November; 2017 Remains Strongest Year Since 2010
Thirty-two (32) single family homes were sold in Estero in November, down 18% from November, 2016. Year-to-date sales are up 6%. The five hundred fifty-five (555) homes sold so far this year represents the best annual start since 2010, when the ECCL first started...
Estero’s October/November Commercial Permits Remain Stable; 2017 Remains Especially Strong
Commercial permits in October and November 2017 totaled $3,791,452, including $725,000 for construction of additional retail space at the Shoppes at Grande Oak on Ben Hill Griffin. Also included were additional investments in remodeling stores within Coconut Point and...
Estero’s Residential Building Permits Pause After the Hurricane
During October and November 2017, the issuance of residential single-family permits slowed appreciably to only seven (7) homes, with all seven being issued in November. Undoubtedly, the hurricane temporarily stalled new home construction. But, the total value of all...