The News-Press reports that a developer is targeting a 57-acre parcel at the Forum in Fort Myers for a $1B gaming resort. The project would include 1,500 hotel rooms, 300,000 SF of convention space and 400,000 SF of retail stores and restaurants.

$1B Casino Targeted for the Forum

A new book, Exiles in Eden: Life Aong the Ruins of Florida’s Great Recession, offering an insiders view to the Florida housing crisis is hitting the shelves this week.

The Fort Myers area is prominently covered by author Paul Reyes including a look at a mostly abandoned, upscale gated community. A book about the housing bust would not be complete without an examination of Lehigh Acres, where the authors parents purchased a vacant lot in 1969 on the $10/month plan while honeymooning in Miami.

Exile in Eden: Life Among the Ruins of Florida’s Great Recession

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[…]

Lee County Considers Bulk Lehigh Lot Acquisition

Bye Bye First Homes An ugly era in the annuls of Southwest Florida real estate history came to an end yesterday when Hovnanian sold the last 1,409 lots it owns in Southwest Florida. Hovnanian sold these remaining lots to a Czech investment group for about $3,000 each, a far cry[…]

Hovnanian Checks Out

The St. Petersburg Times covers the early history of Lehigh Acres  in an article titled, Lehigh Acres: Florida’s Lesson in Unregulated Growth.  This article is a must read for anyone considering an investment in Lehigh Acres.  The sad truth is that Lehigh Acres was developed to sell cheap land to[…]

Lehigh Acres – How It Began