Colorado developer pays $43.5 million for lot near prestigious shopping district

M Development plans luxury residential, retail development on Naples' Fifth Avenue

FILE: New development planned by Aspen developer will be within walking distance of Naples' Tin City.
FILE: New development planned by Aspen developer will be within walking distance of Naples' Tin City.
  • Charlotte–Lee–Collier
  • Share

NAPLES — A Colorado-based developer has bought 4.27 acres in downtown Naples and intends to build a luxury, mixed-used development on the property. 

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news
Subscribe

Already subscribed? Sign in.

Latest News

  • February 23, 2026
Tampa apartments sell to Seattle multifamily investor
  • February 23, 2026
Manatee manufacturer adds 185K-square-foot facility
  • February 23, 2026
Parc Center for Disabilities to open St. Petersburg location
  • February 23, 2026
Bank of America reopens Sarasota office; plans $29M investment in region

Sponsored Content