Springs Team 2 has the pleasure of announcing the purchase of land on November 8 which will ultimately be a 203 apartment community on 14.31 acres in Estero, Florida. It will be called Springs at Gulf Coast. Estero, a village in Lee County, Florida, is part of the Fort Myers/Naples market. The location, which happens to be across the street from Springs at Estero, offers nearby entertainment, shopping and dining. The site is adjacent to Germain Arena which is the home of the Florida Everblades ECHL hockey team and frequent concert events. Miromar Outlets, with over 140 shops and restaurants is also within eyesight of the community. Florida Gulf Coast University is less than a mile away, and Hertz's new World Headquarters (opened in 2015), is just 3 miles away.
It has been a busy couple of years for us in this market. Springs at Estero opened to residents in the fall of 2015 and Springs at Six Mile Cypress, in nearby Fort Myers, opened in July. Continental will soon provide 751 beautiful apartment homes in this area.
With this project, Continental has exceeded our groundbreaking goal for 2016 - the third year in a row that we have accomplished that feat! Congratulations to everyone involved in bringing this to groundbreaking!