Development in Estero has taken off in the past few years and was the primary catalyst behind the village’s incorporation efforts in 2014. Residents in the upscale community of about 23,000 wanted more control over what was built where. After years of watching its southern neighbor Bonita Springs attract massive development, Estero is finally having its moment.
A breakdown of five of the largest residential and commercial projects underway in the village is as follows:
Since the company broke ground on its corporate headquarters in November 2013, construction has gone smoothly. The 300,000-square-foot headquarters building in Estero, located on a 34.5-acre lot the corner of Williams Road and U.S. 41 will open on schedule at the end of next year. The company is spending more than $70 million on its new campus.
The 186,000-square-foot Estero Supercenter at U.S. 41 and Estero Parkway is slated to open this summer. The business is expected to hire 300 people.
Wal-Mart announced plans for an Estero store in 2003 and purchased the 33-acre parcel for $10.2 million in November 2004. The Estero community originally had many issues with the Walmart store, including the store design and size, but the company made several concessions to satisfy locals.
Coconut Point Honda
A Honda car dealership is being built in Estero on U.S. 41 near Atlantic Gulf Boulevard.
The development broke ground in March and is slated to open late this year, according to information from the Jacksonville-based owner, Hanania Automotive Group. It’s about the same time Hertz expects to open its campus nearby. The dealership will be bordered by Living Waters Community Church to the south and a new RaceTrac gas station and Coconut Point Ford to the north.
Land clearing is well underway for the 377-lot, 130-acre first phase of the Tidewater community. The site is about 50 percent cleared and presale is expected to begin this year, said Valerie Dolenga, a spokeswoman for Pulte Homes.
The single-story, single-family homes are expected to sell for between $200,000 and $700,000, she said.
The upscale, 55-plus community will feature a clubhouse, heated pools, and bocce and pickleball courts.
Springs at Estero
Work is well underway on these upscale apartments located at the entrance to Germain Arena.
Already about 11 percent of the units have been leased and the first building will open in September. The entire complex is scheduled to open in April 2016, said property manager Tiffany Watson.
The apartments will range in monthly rent from $930 for a studio to $2,120 for a three-bedroom, two-bathroom unit with a two-car garage. The gated complex will feature a clubhouse, playground and pool, along with several ponds.
Two other projects are being reviewed by the Estero Village Council and advisory boards that could add to the community’s building boom:
Estero Crossing: The 42-acre parcel at the corner of Corkscrew Road and Corkscrew Woodlands Boulevard is zoned for 300,000 square feet of commercial space. Developers have filed applications with Lee County to try to change the zoning to multifamily.
Estero Crossings would like to build 455 residential units in buildings that can be as high as 55 feet. Four commercial outlets, which could include a gas station and bank, would front Corkscrew Road. The residential units would sit behind the commercial parcels. Nearby residents have voiced concerns about the traffic and aesthetic effects the development could have.
Coconut Crossing: The 31-acre, mixed-use development on U.S. 41 across from the Coconut Point Mall in Estero could feature several small local businesses, a hotel, two eight-story parking structures and up to 775 residential units.
The proposal requires a comprehensive land plan amendment before anything can get built. Coconut Crossing wants to change its zoning so it can be placed in an intensive development, mixed-use zoning district. It’s slated to be reviewed by the new land use boards.