News & Notes

Developer buys key parcel for $675 million Tampa project

In the week's top commercial real estate news, a celebrity-run real estate agency opens in Sarasota, a Naples apartment community sells, and a Manatee industrial center lands a new tenant.


  • By Louis Llovio
  • | 5:00 a.m. November 23, 2025
  • | 0 Free Articles Remaining!
The planned Hotel ORA + Private Residences project in downtown Tampa.
The planned Hotel ORA + Private Residences project in downtown Tampa.
Courtesy image
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Cape Coral

Long awaited development gets health care tenant

Lee Health has opened its new facility at Bimini Square. The two-story center is at 414 Cape Coral Parkway E. and offers adult primary care, cardiology, women’s health services and pediatric behavioral health, along with diagnostic capabilities. Bimini Square is a $100 million mixed-use waterfront development on six acres west of Four Freedoms Park in the city. Along with Lee Health, there is a 218-unit apartment community as well as 58,000 square feet of space with a marina and two onsite restaurants — House of Omelets and Bimini Basin Seafood & Cocktails. The development will also have a six-story parking garage. The project had been in the works for about four years before winning city approval February 2023 and beginning construction that October that year.

 

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