Seagate, Barron Collier unite to buy Bonita Springs tract

175-acre parcel acquired for $6 million and slated for residential development represents one of the largest undeveloped pieces in the Lee County city.

  • By Kevin McQuaid
  • | 6:00 a.m. January 22, 2021
  • | 0 Free Articles Remaining!
COURTESY PHOTO — Seagate Development Group and Barron Collier Cos. are expected to develop residential product on this 175-acre tract in Bonita Springs.
COURTESY PHOTO — Seagate Development Group and Barron Collier Cos. are expected to develop residential product on this 175-acre tract in Bonita Springs.
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Frequent partners Seagate Development Group and Barron Collier Cos. have teamed up to buy a 175-acre tract in Lee County for $6 million.

The duo are formulating a plan to develop the property — one of the largest undeveloped parcels in Bonita Springs — into perhaps a mix of residences that would begin construction early next year.

 

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