The proposed WildBlue development, next to Florida Gulf Coast University (FGCU), integrates real estate development with extensive habitat restoration and preservation. The concepts will be explained by Don Schrotenboer of the Private Equity Group at the Real Estate Investment Society’s (REIS) Tuesday, July 14 luncheon meeting.
Located in the Density Reduction Groundwater Resource Area (DRGR) and Panther Habitat Area, the WildBlue project involves innovative planning and exceptional conservation efforts. Plans include 1,000 homes on 3,560 acres, extending from Alico Road south to Corkscrew Road, on the east side of Florida Gulf Coast University (FGCU). The project is currently in the design and approval process, seeking rezoning to increase the 332 units currently allowed to 1,000 clustered units, surrounded by lakes and preserves. Private Equity Group has worked with environmental groups to design the project, which is supported by the Conservancy of Southwest Florida.
If it passes regulatory hurdles, Don Schrotenboer expects to break ground in late 2016 or 2017.