Estero’s commercial permits in July 2017 totaled $751,433, the smallest monthly total this year. However, for the year, over $5 million has been invested in renovations within Coconut Point and Miromar malls.  And, Lee Health’s $82 million permit in May for Estero’s Medical Village should drive 2017’s commercial investment total to be one of the highest in the last ten years.

The table below compares 2017 year-to-date totals with those of the previous 17 years.

Note: The building values above exclude the value of the underlying land.

Sources:

For 2016 and 2017, see Village of Estero Community Development: see https://estero-fl.gov/monthly-building-reportrs/

For prior years, see Lee County Permit Reports for the “Village of Estero”: http://www.leegov.com/dcd/reports

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