{"id":212241,"date":"2026-03-30T22:04:10","date_gmt":"2026-03-30T22:04:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/212241\/"},"modified":"2026-03-30T22:04:10","modified_gmt":"2026-03-30T22:04:10","slug":"minnesota-developer-buys-fort-myers-mixed-use-project-site-for-20-45m","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/212241\/","title":{"rendered":"Minnesota developer buys Fort Myers mixed-use project site for $20.45M"},"content":{"rendered":"<p id=\"h927542-p1\" class=\"permalinkable\">A Minneapolis development firm has bought a 61.3-acre site in Fort Myers for $20.45 million.\u00a0<\/p>\n<p id=\"h927542-p2\" class=\"permalinkable\">Ryan Cos. intends to build a large-scale, mixed-use project on the site, which it\u2019s dubbed Dia Crossings, according to a statement. The property, at U.S. 41 &amp; Alico Road, required full rezoning and the rescission of a former Development of Regional Impact (DRI) designation. Now approved, the site can have 350 multifamily units, up to 200,000 square feet of commercial space and 150 hotel keys.<\/p>\n<p id=\"h927542-p3\" class=\"permalinkable\">The seller is Holes Jared Trustee, according to a statement.\u00a0<\/p>\n<p id=\"h927542-p4\" class=\"permalinkable\">The deal was announced by Fort Myers-based LSI Cos. Alex Henderson and Max Molloy of the firm, along with Phil Fischler of Fischler Property Co., represented the buyer. Michael Frye of Re\/Max Realty Group represented the seller.\u00a0<\/p>\n<p id=\"h927542-p5\" class=\"permalinkable\">\u201cDevelopment at this scale requires a formula of strong economic fundamentals, a team of expert consultants, high-quality leadership, and, of course, a willing buyer and a willing seller,\u201d Henderson says in the release. \u201cThankfully, this proved true for Dia Crossings, and we can\u2019t wait to see this project take shape in the very near future.\u201d<\/p>\n<p id=\"h927542-p6\" class=\"permalinkable\">The deal marks the second time in the past week LSI Cos. has brokered a $20 million-plus deal in Southwest Florida. Last week\u2019s deal was in Charlotte County, where <a href=\"https:\/\/www.businessobserverfl.com\/news\/2026\/mar\/24\/acres-charlotte-county-sold-amazon\/\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">Amazon bought 232.73 acres just off of Interstate 75 in Punta Gorda<\/a> on Jones Loop Road for $20.14 million.<\/p>\n<p id=\"h927542-p7\" class=\"permalinkable\">\u201cThis property is one of the last remaining large-scale development tracts along the South Tamiami Trail corridor in Lee County,\u201d Molly says in the release, referring to the Ryan deal. \u201cWe are excited to see this mixed-use retail and residential project come to life and look forward to continued efforts in bringing high-quality commercial users to the corridor.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"A Minneapolis development firm has bought a 61.3-acre site in Fort Myers for $20.45 million.\u00a0 Ryan Cos. intends&hellip;\n","protected":false},"author":2,"featured_media":212242,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[209,211,210],"class_list":["post-212241","post","type-post","status-publish","format-standard","has-post-thumbnail","category-cape-coral","tag-cape-coral","tag-cape-coral-headlines","tag-cape-coral-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/212241","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=212241"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/212241\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/212242"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=212241"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=212241"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=212241"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}