Tuesday, May 9, 2017

ONE NAPLES Development Proposed for Vanderbilt Beach Area

UPDATE, 5/18/2017 -- The One Naples open house took place last night at the Ritz, and as expected, the reviews are mixed. It appears to be a top-notch development. But the density and expected increase in traffic has many area residents concerned. I like the concept, but it is big, and the main tower will be taller than the Ritz-Carlton.

Click here to read today's story from the Naples Daily News for a rundown on what folks at the open house had to say last night.

UPDATE, 5/17/2017 -- The Naples Daily News finally covered the news of the proposed development in their edition this morning. Not surprisingly, a few people are upset that the developers waited until most seasonal owners have returned north or west, and will be unable to weight in with their thoughts on the proposal. There is a big community meeting tonight at the Ritz-Carlton Beach Hotel to roll out the proposal and get some feedback. Unfortunately, I have a meeting in downtown Naples and cannot make it. I'm very curious how surrounding owners of residential and commercial property will react. More to come, I'm sure!

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An interesting new luxury development --  ONE NAPLES -- is being proposed for the northeast corner of Vanderbilt Beach Road and Gulf Shore Drive in North Naples -- one of my favorite areas in all of Florida's Collier County.

While it hasn't been formally submitted for hearings and zoning approvals, project developer Stock Development has reached out to residents and property owners in the communities surrounding Vanderbilt Beach and invited them (myself included) to an open house event to learn more about the One Naples proposal.

The area, an assemblage of properties that has been for sale for about two years and marketed by Colliers International, is proposed to be the site of a 20-story condominium tower, low-rise condominium units at the corner of Vanderbilt Beach Road and Gulf Shore Drive,  and five-story mid-rise condo units overlooking Vanderbilt Lagoon. Popular restaurants Da Ru Ma and Buzz's Lighthouse Inn will remain, as will Barefoot Pelican and Vanderbilt Palms condo buildings.


 In addition, the proposal features a 75-slip marina on Vanderbilt Lagoon as well as commercial space, a new coffee shop and deli, and potentially a new restaurant.

Stock Development is a popular builder. It will be interesting to watch this high-end proposal wind its way through the approval process in Collier County.

More to come . . .

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