Investors in the proposed riverfront 28-story high-rise the Vue, to be located at at 13oo Hendry Street in downtown Fort Myers, were offered their deposits back. The project has run into difficulties gaining approval from the National Park Service due to its towering presence over Centennial Park.
With lackluster resale results at Fort Myers first downtown tower, Beau Rivage, the Vue investors are breathing a sigh of relief at the return of their deposit. Ultimately, a scaling back of the number of riverfront tower projects will help make the existing ones stronger.
High-rise investors offered refund [News-Press]