Naples developer proceeding with business park

Naples developer Paul Hardy is moving ahead with plans for a new 240-acre business park in Fort Myers, his second push at developing the property.

Alico ITEC Park is slated to contain as much as 4.7 million square feet at build out. The property is adjacent to, and dependent on, the $14 million construction of the four-lane Alico Road scheduled to be built later this year.

Hardy isn't waiting. He plans to break ground on the park's first building in the third quarter of this year and complete infrastructure work by year end. He also hopes to have all of Alico ITEC's lots sold within three years.