On January 7, 2019 the Fort
Myers City Council received and approved the Midtown Vision Plan. Midtown is an
area immediately south of downtown Ft. Myers and sits between Cleveland Avenue
to the west, Evans Avenue to the east, Edison Avenue to the south and Dr. MLK
Blvd. to the north. According to a consultant with the University of South
Florida there are currently fewer than 100 residents in the area.
The Plan calls for
approximately 4,000 new residential units of affordable and work-force housing
and close to 600,000 square feet of office and commercial space. Public and
civic spaces are also included in the Plan. Under the Plan the City of Palms
Park would be demolished and replaced with a town center.
The first phase of
development could occur within the next four to six years and would include the
town center, some housing and transportation improvements. The final phase of
the Plan is scheduled in the next six to seven years.
In conjunction with the
revitalization of downtown, the larger city of Ft. Myers has the potential to
become a draw for new business, year-round visitors and conventions.
The Ft. Myers of the past
was considered by many to be merely a stopping off place for those headed to the
white, sandy, shelling beaches of Sanibel Island or elsewhere in the Gulf of
Mexico. Soon Ft. Myers could become the destination itself.
As we begin 2019 this may
bode well for someone hoping to buy a
condominium along the Fort Myer’s waterfront, a single family home
along McGregor Boulevard or find affordable housing in Midtown. As the old real
estate adage says, “The best time to buy real estate is today and ten years
ago.”
No comments:
Post a Comment