Commercial Retailer looking to build Strip Mall across from Boston Red Sox JetBlue Park near Gateway

Commercial Retailer looking to build Strip Mall across from Boston Red Sox JetBlue Park near Gateway

Commercial Retailer looking to build Strip Mall across from Boston Red Sox JetBlue Park near Gateway

Commercial Retailer looking to build Strip Mall across from Boston Red Sox JetBlue Park near Gateway

 

 

North American Properties, developer of the Forum (Fort Myers), Northpoint (Cape Coral) and the Center of Bonita Springs shopping center, wants to be the anchor tenant of a strip mall located across the street from JetBlue Park.  North American Properties has developed 19+ million square feet of retail space with 1.5+ million square feet of retail space in development. North American Properties is currently in lease negotiations with the Lee County Port Authority, as the proposed site lies on Southwest Florida International Airport land.

 

The strip mall could possibly start going up within six months to a year. Lee County worked with the Lee County Port Authority to rezone approximately 200 acres along Daniels Parkway. The proposed development could bring additional retail, grocery, entertainment and dining options to the Gateway area.

 

 

There are some hurdles to the deal as the Federal Aviation Authority (FAA) closely monitors commercial development on airport land. FAA rules state the land cannot be owner but only leased and they must verify fair market lease value.

 

If all matters are worked out the development of the strip mall across from JetBlue Park could begin within six to twelve months.

 

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