Moratorium's end


  • By
  • | 10:00 a.m. December 26, 2014
  • | 0 Free Articles Remaining!
  • Entrepreneurs
  • Share

Bonita Springs tarnished its reputation as a business-friendly municipality when its city council enacted a one-year moratorium on large developments east of Interstate 75 in January.

A moratorium is the nuclear option of cities that can't manage growth. It was a popular tactic during the real estate boom of the last decade to halt new development.

But Bonita Springs and nearby Estero have become a hot spot for future development as economic growth resumes. The area sits between Naples and Fort Myers and will be the future home of Hertz's corporate headquarters.

 

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

Latest News

Sponsored Content