Miami developer gets $121 million loan for St. Petersburg project

Captiva

Rebuilding of historic inn underway

Construction has begun on a new Captiva Island Inn, the historic hotel demolished after being substantially damaged during Hurricane Ian in 2022. The rebuilt inn, at 11508 and 11509 Andy Rosse Lane, will feature two elevated buildings totaling 8,454 square feet, says Stevens Construction, which calls this the “first ground-up Captiva accommodations to begin construction since Ian.” The Fort Myers construction company, which is charged with the project, says each structure will have five guest units with private entries, great rooms, kitchenettes, bathrooms, and front porches. Guest parking will be provided beneath the elevated buildings. The Inn has been designed with resiliency in mind and will sit on 208 concrete pilings, the release states, “to provide lasting stability and storm protection.” Work on the Inn officially kicked off Oct. 15 with a ceremonial groundbreaking and is scheduled to be finished in fall 2026. The Captiva Inn first opened in 1950. The Stevens Construction team working on the project includes Nick Burkel, Dawson DeGroot, Zach Brown and Morgan Thie. MHK Architecture is the architect of record and Quattrone & Associates is the civil engineer.