Jul 27, 2017 | EDR-07-2017, Growth
During June 2017, permits for nineteen (19) residential units were issued in Estero, including thirteen (13) single family homes and six (6) duplex units. Three single family permits and all 6 duplex unit permits were issued to Tidewater, the 55+ gated community at...
Jul 27, 2017 | EDR-07-2017, Growth
Estero’s commercial permits in June, 2017 totaled $1,038,563, without any large permit being issued. However, so far this year, over $6 million has been invested in renovations within Estero’s two largest malls, Coconut Point and Miromar. And, Lee Health’s $82...
Jul 27, 2017 | EDR-07-2017, Growth
For June, 2017, the Multiple Listing Service (MLS) reported seventy-six (76) single family home sales in Estero, up 15% from June, 2016. Despite meager sales in April, for the second quarter sales increased 2% from 2016, and first half 2017 sales are up 8% from last...
Jun 29, 2017 | Community Planning, EDR-07-2017
New research from Credit Suisse predicts nearly one in four American malls will close by 2022, Fortune Magazine recently reported. Fueled by the rise in e-commerce, store closures are reaching epidemic proportions; Amazon sales continue to rise as sales from...
Jun 29, 2017 | EDR-07-2017, Growth
Estero’s commercial permits in May, 2017 totaled $4,074,762, including $2 million for the renovation of the old Sports Authority location in Coconut Point Mall. So far this year, over $4.7 million has been invested in renovations within the Mall. This year’s total...
Jun 29, 2017 | EDR-07-2017, Growth
During May 2017, permits for fifty-five (55) residential units were issued in Estero, including seventeen (17) single family homes, two (2) duplex homes and thirty-six (36) condominium units. The condominium permits were the first construction permits issued to Genova...