Dr. Martin Luther King, Jr. Boulevard
McCollum Hall Project Description
This restoration project of McCollum Hall, which is a historic building with musical heritage deeply tied to the famed Chitlin’ Circuit of the 1930s and 50s. Since its purchase in 2008, the CRA has engaged community groups to help clean debris from the structure, stabilized the back wall and replaced the roof. In 2018 the developers McCollum Redevelopment Associates, LLC/ REVA Development Corporations where selected to complete the final rehab of McCollum. In 2020, the Historic Preservation Commission (HPC) Certificate of Review process and application was approved. Later that year, permits were approved with construction beginning in May 2021. Once opened, McCollum Hall will feature the Oak & Ivy Design concept, which will celebrate the hall's historic Art Deco style in its renaissance as an artisanal food hall, a multi-use event space, and a micro-arts and images gallery in a newly constructed annex building. Completion of the project is expected in February 2022.
McCollum Hall Project Timeline & Events
St. Peter Claver Place Apartments
Phase I of St. Peter Claver Place Apartments to be developed by National Development of America and the Diocese of Venice was approved for a $4 million CRA tax increment rebate in September 2019. The 214-unit affordable-housing apartment complex will be built in two phases, with Phase I consisting of 136 two-, three- and four-bedroom apartments in two- and three-story buildings, along with a community building. Known as St. Peter Claver Place, it will be built at 3681 Michigan Avenue. The Diocese of Venice currently owns the 17.44-acre site. In December 2019, a grant application was sent to Florida Housing; the developer will learn the status of the application within 30 days. In January 2020, the development agreement with the CRA was signed. Phase 1 was originally planned to for 120 units, which was expanded to 136 units in August 2020. At that time, the CRA tax increment rebate was also increased to $4.5 million. In February 2021, the project received board approval from the Florida Housing board for funding. Completion of Phase I is planned for December 2022, and completion of Phase II is planned for May 2024.
St. Peter Claver Place Apartments
Seaboard Waterside Apartments
Seaboard Waterside Apartments, a two-building, six-story, 420-rental apartment complex to be built at the corner of Michigan Avenue and Seaboard Street, was approved for a total CRA tax increment rebate of $11.48 million in July 2019. The project will be built in two phases. The development will have an attractive parking garage built in the center of the development between the two buildings. It will be the first project of its kind in the MLK redevelopment area. The Seaboard Apartments Phase I will receive a $7.145 million rebate of the taxes generated by the project in yearly installments until the total amount is reached, or until 2044 when the redevelopment area sunsets. Phase II will receive a $4.335 million rebate of the taxes generated by the project in yearly installments until the total amount is reached, or until 2044 as well. In January 2020, the development agreement with the CRA was signed. In June 2020, the Environmental Resource Permit (ERP) was granted. Phase I of the $82 million project is projected to open in 2022 - 2023.
Seaboard Waterside Apartments Project Timeline & Events
Towles Garden is an affordable and attainable townhome project to be built on a 7.5-acre lot at the corner of Edison Avenue and Veronica S. Shoemaker Boulevard. Developer Towles Garden LLC proposed a $28.7 million investment of 67 affordable and 73 attainable townhomes, to be priced at $200,005 and $210, 123 respectively, with units ranging in size from 900 to 1,250 sq. ft. The development design is in groupings of 4-plex and 6-plex buildings. It is estimated that when sold, these units will add $18.5 million (adjusting for $3.5 million in homestead exemptions) to the Fort Myers’ tax base. The developers was approved for a $4.9 million dollar CRA increment revenue incentive of the estimated $7.6 million that will be generated by the project. In March 2021, the developer opened an office for the project on First Street. Construction is expected to begin in 2021, with completion in August 2022.
Towles Garden Project Timeline & Events