Posted by Mark Washburn on Sunday, November 7, 2010 at 7:20:26 AM By Mark Washburn / November 7, 2010 Comment
The Fort Myers City Council approved $4.3M to extend the Caloosahatchee River two blocks south to Bay Street in Fort Myers. This river expansion will create a new waterfront basin on space currently used as a parking lot. When completed in late 2011, this expansion is estimated to have an annual economic impact of $76M. With all the new residents being drawn to the River District high-rises, this waterfront expansion looks to be a great investment for Fort Myers and is a great first step in bringing more vitality and excitement to the area. The riverfront expansion should serve as an anchor to connect the high rise developments to the east and west of this site. Opportunities are still available to purchase River District high-rise condos at significantly reduced prices. Here is a resource to view Fort Myers River District real estate.
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