The News-Press reports that the Lee County Commissioners discussed the possibility of acquiring highly-discounted Lehigh Acres residential lots and bundling them together for industrial and commercial development:
Lee County should stock up on cheap lots, a county commissioner suggested.
Frank Mann said Thursday the county ought to buy discounted lots in Lehigh Acres, bundle them and sell the land for industrial and commercial development.
“We’re the only ones that can do this,” Mann said Thursday during a discussion on the Lee County budget. “Lots are as cheap right now as they’ve been in 25 years. … It could be one of the greatest economic tools we have.”
Source: News-Press Brian Liberatore (09/04/2009)
It is good to see some forward looking leadership in Southwest Florida. Our plated communities of Lehigh Acres and Cape Coral have a dearth of commercial tracts. This shortage of commercial land has severely limited the diversification of our economy as it has just been easier for builders to focus on more residential housing.
I am hopeful Lee County will move forward with this idea and maybe someone in Cape Coral will take notice as well.