AVE MARIA, BABCOCK RANCH AMONG TOP MASTER-PLANNED COMMUNITIES IN THE NATION
Ave Maria in Collier County and Babcock Ranch in Charlotte County are among the top-selling, master-planned communities in the United States, according to a mid-year report by national real estate consulting agency RCLCO Real Estate Advisors. Ave Maria, planned around a Catholic church and university, had a record-breaking 371 new home sales through the end of June, placing the development at No. 24 on the biannual list as the highest-ranking community in Southwest Florida. The solar-powered Babcock Ranch community had 370 home sales to place it in the No. 25 spot. “The master-planned community must have a number of features including a comprehensive plan by a master developer, a variety of housing types, sizes and prices with shared common space, amenities and a vital public realm,” RCLCO reports.
Video courtesy of WINK News
REPORT SHOWS HIGH RENT COSTS MAKING IT HARD TO LIVE IN MOST OF FLORIDA
High-rent costs are making it harder for many people to make ends meet in Florida, and that especially includes Southwest Florida – one of the most expensive areas to rent in the state. According to the Out of Reach 2021 report by the National Low Income Housing Coalition, an individual would have to make more than $26 an hour to afford housing in parts of Collier County. On average, someone would have to work nearly three full-time jobs at minimum wage to afford a two-bedroom rental home. According to the report, one of the top five most expensive areas to rent is the Naples-Immokalee-Marco Island area, where renters would need to make $55,000 annually on average to live comfortably. The salaries needed to live comfortably in Cape Coral and Fort Myers are almost $48,000 each year and more than $42,000 in Punta Gorda, WINK News reports.
Video courtesy of WINK News
PARKING TOUGHER AT FORT MYERS BEACH AS MARGARITAVILLE RESORT CONSTRUCTION NEARS
Finding parking when you visit Fort Myers Beach is more challenging as construction is set to begin soon for the Margaritaville Resort, which took 100 parking spots in Helmerich Plaza at the base of the Matanzas Pass Bridge. Until resort construction begins in mid-August, expect infrastructure work on sewer, electric and stormwater lines. The goal is to build the 254-room resort with restaurants and entertainment amenities in two years. Town Councilman Bill Veach said there’s still public parking available under the bridge and at beach access points, as well as private parking along the island, WINK News reports.
COMHAR PARTNERS ANNOUNCES NEW OFFICE IN NAPLES
Comhar Partners, a national leader in retained executive search and professional recruiting, opened an office in Naples to accommodate the growth and expansion of the agency, said Bernard Layton, managing director of Comhar Partners. The new location at 1100 Fifth Ave. S., Suite 302, is the company’s sixth office, with established locations in Atlanta, Chicago, Denver, New York and San Francisco.
CUSHMAN & WAKEFIELD BROKERS SALE OF COMMERCIAL PROPERTY IN FORT MYERS
William Forenski purchased 2.88 acres of vacant commercial land at 1381 Betmar Blvd., just west of U.S. 41, in North Fort Myers from Alger RE Investment Properties LLC for $199,000. Representing the buyer and the seller in negotiating the transaction were Gary Tasman, CEO and principal broker, and Shawn Stoneburner, senior director and broker, of Cushman and Wakefield | Commercial Property Southwest Florida LLC.
FIFTH AVENUE SOUTH WELCOMES CAROLYN’S DESIGNER CONSIGNMENT
The Fifth Avenue South Business Improvement District announced the addition of Carolyn’s Designer Consignment to downtown Naples’ historic main street. The locally owned and operated consignment shop provides a large collection of high-end handbags, clothing, jewelry, shoes and accessories at a fraction of the cost. Among the well-known luxury brands are Chanel, Louis Vuitton, Dior, Gucci, Hermes, Prada and Louboutin. Carolyn’s Designer Consignment, 400 Fifth Ave. S., Suite 100, is owned by Carolyn Lancaster, who recently relocated the shop from Third Street South in Old Naples. Hours are 11 a.m. to 5 p.m. Tuesday through Saturday.
HENDERSON FRANKLIN ADDS ESTATE PLANNING ATTORNEY BRICK
The Fort Myers law firm of Henderson, Franklin, Starnes & Holt, P.A., announces the addition of trust and estate planning attorney Daniel “D.J.” Brick, who holds a Master of Laws in taxation from Georgetown University Law Center. Brick is admitted to practice in all state courts in Florida, Michigan and the District of Columbia. Prior to joining Henderson Franklin, Brick worked for one of the nation’s top Am100 law firms in Washington, D.C. In 2021, Best Lawyers in America named Brick to its “Ones to Watch” list. He graduated with a B.A. in business administration from Michigan State University, and a J.D. from MSU’s College of Law, cum laude. Between degrees, Brick served in the U.S. Navy.
BOY PROMOTED TO EXECUTIVE LEADERSHIP TEAM AT CUSHMAN & WAKEFIELD
After a record-setting second quarter of commercial real estate transactions, Cushman & Wakefield | Commercial Property Southwest Florida expanded its executive team by promoting Lane Boy, CCIM, to the role of executive director-brokerage. A native Floridian, Boy has more than two decades of experience in real estate-related industries. Before joining Cushman & Wakefield in 2017, he served as the CEO of two real estate businesses. Boy, specializing in land brokerage, is an expert in commercial properties of all types and is a member of Cushman & Wakefield’s National Land Practice Group. He will serve on the firm’s four-person leadership team and oversee brokerage education, training and reporting.
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