Community plans $60 million luxury villa project

The Oaks at Cypress Cove at HealthPark Florida in South Fort Myers will have 82 units.

By Business Observer Staff
| 8:33 a.m. February 3, 2020
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Courtesy. Cypress Cove, a nonprofit life plan/continuing care retirement community at HealthPark Florida in south Fort Myers, recently announced plans to build a $60 million, 12-acre luxury villa and apartment complex.

Charlotte–Lee–Collier

FORT MYERS — Cypress Cove, a nonprofit life plan/continuing care retirement community at HealthPark Florida in south Fort Myers, recently announced plans to build a $60 million, 12-acre luxury villa and apartment complex.

The 82-unit complex, The Oaks at Cypress Cove, is planned for a tract at the southwest corner of Bass Road and Summerlin Road, within HealthPark Florida’s 400-acre campus, according to a statement. “Construction, which will not begin immediately, is being preceded by pre-marketing and sales efforts. We are extremely encouraged by the initial interest,” says Cypress Living President and CEO Troy Churchill in the statement.