Work starts on massive 50-acre, 5,000-residence downtown development

A $95 million apartment sale, retail properties change hands and a new county admin building top the week's commercial real estate news.


  • By Louis Llovio
  • | 5:00 a.m. March 6, 2023
  • | 0 Free Articles Remaining!
When complete, Gas Worx will include 5,000 residences, 500,000 square feet of office and 140,000 square feet of retail.
When complete, Gas Worx will include 5,000 residences, 500,000 square feet of office and 140,000 square feet of retail.
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Naples/Fort Myers

Park your testosterone: A pair of developers are building a facility filled with what’s billed as “man-cave style” suites in Fort Myers. The development is called Signature Storage Suites and will be similar to car condos springing up around the area. The six-building gated facility will be built at 16291 Pine Ridge Rd. Construction is expected to begin in the second quarter and the 80 units will be ready by the end of the year. The units, the developers say in a statement, could house luxury vehicles or pool tables, bars, couches and wall-to-wall televisions, and will range from 1,430 square feet to 2,100 square feet and feature a 2,500-pound garage door and separate entry door. There also will be green space for barbecues and a car wash on the 17-acre property.

Take me down to Paradise City: Paradise Vintage Market, which sustained significant damage during Hurricane Ian, will open in a new location. The mall has leased 31,529 square feet at the North Fort Myers Center at 13821 N. Cleveland Ave. Paradise Vintage will rent space to dealers specializing in vintage antiques and collectible. Paradise Village says on its website that it’s a place where “shoppers will find quality vintage, antique and collectable items” and that “dealers will enjoy the clean, bright and comfortable sales environment.” According to SVN Commercial Partners, which helped Paradise Vintage find the space, the hope is to open in the next two months.

 

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