EAST NAPLES –
Big plans are in the works to transform East Naples into Collier County’s newest luxury hotspot.
This is at US-41 and Davis Boulevard — more commonly known as the “Gateway Triangle.”
A new skyline, and setting a new tempo for East Naples development will transform the area into something unrecognizable. Think Mercato or Coconut Point — only taller.
Renderings show an 18-story condo building, 11-stories for office space and a 10-story hotel with a rooftop restaurant.
“With all of the places to go to, I think this is a pretty good idea,” said visitor Jean Paulpori from Chicago.
The goal is to attract more tourists and make East Naples a destination, like downtown, or North Naples.
“This place has a lot of potential. I’m a tourist, and there are a lot of good people here. I think this would be good thing for the community here,” said Paulpori.
Plans also include numerous restaurants, an upscale boutique movie theater, and of course, a parking garage.
We found out the developer, Real Estate Partners International, is negotiating with Collier County after their $6.4 million offer.
On Thursday, we noticed most businesses on the industrial, partially abandoned strip have either moved out or will do so by next week.
“We’re pretty sad that we have to go, but they have other plans for this location,” said Marie Galvan, owner of Union Motors.
The company is spending their last few days at their current shop and about ready to open a new one a few blocks away.
“This is going to be a very, very busy [and] exciting, exciting area to be in,” said Galvan.
County leaders need to approve a zoning variance to build as high as the renderings show. We’re told negotiations are going well and should be done by the end of April.
Permitting, demolition and construction will, however, take years to complete.
# Ferrari Capital Club # Clark Pear # 898 5th Ave South # Naples # 5th Ave South # Commercial Real Estate # Commercial Development # Ferrari Capital Club and Hotel # Real Estate # Entrepreneurs # Making Money # Start Ups # Four Corners of Naples # Sushi Thai # Olde Naples # Ferrari Capital Club and Hotel # Real Estate Investments # Gulfshore Life # East Naples # Golden Triangle # Gateway Triangle # Gulfshore Life # Naples Daily News # Real Estate Partners International # Jerry Starkey # Fred Pezeshkan # Gateway Triangle # Bayshore Redevelopment