Estero Development Report
Volume 10, Number 11, Issued June 2011 Produced by the Estero Council of Community Leaders (ECCL) For More Information about Estero
see
www.esterofl.org
July Opportunities for Citizen Participation
That will Protect Estero's Quality of Life
|
Date
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Time
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Event
|
Location
|
|
|
|
|
|
|
|
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Wednesday, July 13th
|
5 p.m.
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Estero Design Review Committee (EDRC)
[if a presentation is scheduled]
|
Estero Community Park
|
|
Tuesday, July 12th
|
5 p.m.
|
Estero Fire Rescue Monthly Meeting
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District Headquarters on Three Oaks just south of Corkscrew
|
|
Monday, July 18th
|
6 p.m.
|
Estero Community Planning Panel (ECPP)
|
Estero Community Park
|
Index
Estero Community Website (www.esterofl.org)
The community groups sponsoring the site are:
Estero Community Planning
Panel (ECPP)
Estero Community
Association (ECA)
Estero Design Review
Committee (EDRC)
Estero Council of Community
Leaders (ECCL)
Corkscrew Road Mining Controversies
At
present the residents of Estero are threatened by the possibility of
five new aggregate mines along Corkscrew Road. The following table
summarizes some basic information about the proposed mines and the
impact they would have on the surrounding roads.
Pending Mine Application Statistics
|
Mine Name
|
Size in Acres
|
Maximum Depth
|
Duration in Years
|
One way Daily Truck Trips
|
|
RCH
|
1,365
|
110
|
20
|
1,200 |
|
Troyer Brothers
|
1,803
|
110
|
35
|
2,548
|
|
Lost Grove
|
1,383
|
145
|
20
|
1,366
|
|
FFD
|
4,652
|
100
|
45
|
2,548
|
|
Old Corkscrew
|
4,205
|
200
|
40
|
3,486
|
|
Total
|
13,408
|
--
|
--
|
11,148
|
Based
on 2008 Lee DOT traffic count data used in the RCH case, at that time
there were approximately 138 one-way dump truck trips per day on
Corkscrew Road east of Alico Road, and about 500 dump truck trips per
day on Corkscrew Road between Alico Road and I-75. Thus, approval of any
one of the proposed mines would result in a ten-fold increase in truck
traffic east of Alico, and two to five times as many trucks per day
between Alico and I-75.
If
several of the mines were operating at the same time the number of daily
trucks driving west to Estero and returning would double or triple these
already large increases. Depending on where new development is taking
place a sizeable proportion of these trucks will continue beyond I-75
and travel north or south on Three Oaks Parkway or US 41.
The
Status of Each Mine
Resource Conservation Holdings
(RCH)
is the farthest along in the approval process. The RCH mine application
was unanimously denied by Lee Board of County Commissioners (BOCC) in
early 2010 and has now sued Lee County for compensation for the County’s
denial of their alleged mining “rights”.
The
case, Resource Conservation Holdings, LLC v. Lee County (Case No.
10-CA-2364), is set for an 8-day trial beginning August 2, 2011 before
Judge Sherra Winesett. In preparation for trial, the parties are
taking the depositions of witnesses expected to be called to testify.
Troyer Brothers
is in
second place in terms of the review process. A Lee County Hearing
Examiner closed nine days of hearings on the case on January 26, 2011.
He has now spent five months reviewing the record of the case and is
expected to release his Report sometime soon. The Board of County
Commissioners is expected to hear the case in August or September. About
80 Lee County residents testified in opposition to this mine during the
Hearing Examiner hearings. We anticipate that those that are in Florida
when the BOCC takes up the matter will testify once again.
Lost
Grove
is a
Corkscrew Road mine located just over the Collier County boundary line
so is being reviewed under Collier County procedures that are
considerably different from those used by Lee County. This mine is
immediately east of a Lee County residential community and the Lee
County Density Reduction/Groundwater Resource (DR/GR) area that is far
along in the process of designating the Alico corridor as its Future
Limerock Mining area. Los Grove is also immediately north of the
Corkscrew Regional Ecosystem Watershed (CREW) property that has been
acquired by various public bodies in order to conserve it and its water
resources.
On
June 20th the Alico Corporation hosted a neighborhood meeting
for the residents of Lee County who would be impacted by the Lost Grove
mine. Alico and its professional consultants presented their plans for
the mine and then listened to public comments. About 30 persons attended
the session. The ECCL testified that it supported the concerns expressed
by Commissioner Mann in his May 6th letter to the Collier
County Commission.
On
May 6th Lee County Board Chairman Frank Mann sent a letter to
Fred Coyle, Chairman of the Collier County Board, stating that:
“Lee
County is concerned that the proposed mine will result in negative
impacts on…
·
Nearby Lee county residents,
·
The CREW property
·
Groundwater and surface waters, and
·
Lee County roadways due to the large volume of truck traffic (estimated
at a maximum of 1,366 two-way trips every day) for over 20 years, which
would conflict with the rural residents in this area and created safety
concerns.”
The
letter goes on to offer Collier County assistance of Lee County staff
members in resolving the issues raised in an attached memorandum and
indicates that Lee County staff will attend any public hearings and be
available to provide comments on the record.
Florida Farms Development (FFD),
also known as the 6-L Farms property,
is located on the south side of Corkscrew Road about 4 miles east of
I-75. On January 7, 2009 FFD
applied for a permit to rezone 4,652.1 acres of land from Agriculture
District (AG-2) to Mine Excavation Planned Development (MEPD) to allow
mining activities (construction materials mining operation) including
administrative offices, rock crushing operations, and plant facilities.
The
proposed maximum mine depth is 100 feet with an estimated duration of
extraction activity of 45 years. Maximum structure height is 35 feet.
Blasting is a proposed development activity.
The
County has yet to find the FFD application to be sufficient (complete).
Once the application is deemed complete County staff will prepare a
staff report that will be sent to the County Hearing Examiner’s office
so that a Hearing can be scheduled for the development.
|
Old
Corkscrew Plantation
is located on both sides of Corkscrew Road about 12 miles east
of I-75. On March 30, 2011 the owners of Old Corkscrew
Plantation applied to rezone
4,204.87 acres from Agricultural Districts (AG-1 and AG-2) to
Industrial Planned Development (IPD) to allow the land to be
used as an excavation, mining operation (Construction Materials
Mining Operation).
The proposed maximum depth of the mine would be
200 feet with an estimated duration of extraction activity of 40
years. Blasting is proposed as a development activity.
Dewatering is proposed to remove overburden. The applicant has
also requested approval of a General Mining Permit under LDC
Chapter 34.
|
|
|
|
|
|
|
|
The
County has yet to find this application to be sufficient (complete).
Once the application is deemed complete County staff will prepare a
staff report that will be sent to the County Hearing Examiner’s office
so that a Hearing can be scheduled for the development.
Florida Gulf Coast University (FGCU)
Campus Master Plan 2010-2020 Update
On June 28th the Lee County
Community Sustainability Advisory Committee sent a memorandum to the
Board of County Commissioners stating the following:
“The
Community Sustainability Advisory Committee met on June 15, 2011.
Members of the
Committee reviewed, prepared, and discussed detailed comments in
response to the
Florida Gulf Coast University (FGCU) Master Plan. They unanimously voted
their detailed comments and the Estero Community Planning Committee FGCU
Master Plan comments be identified as recommended by the Community Sustainability
Advisory Committee and submitted to FGCU along with the Board of County
Commissioner’s comments through the Planning Department.”
“Further, the Committee unanimously recommends the Board of County
Commissioners support changes to the FGCU Master Plan that will uphold the following
principles:
1.
Environmental sustainability and green certification and/or green
building practices;
2.
Low
impact, compact, mixed-use, transit-oriented, human scale development;
and
3.
Reduction of vehicle miles traveled and greater connectivity.”
The Estero comments referred to above
would do two things:
-
Coordinate and make compatible the FGCU Campus Master Plan with the
Estero Community Plan, now also being updated
-
Reconsider the University’s student housing plans for the next
decade to include consideration of expanded, well planned, privately
developed near campus student and faculty housing supported by
transportation systems that would reduce the need for automotive
transport to and from the campus.
The Committee’s Detailed
Recommendations include the following summary of what Florida law
requires of Campus Master Plans:
“Based on the Florida requirements for
campus master plans as legislated in Section 1013.30 of the Florida
Statutes, FGCU has a duty to mitigate and plan for adverse impacts on
the public facilities and services and natural resources of host
governments.
In addition, campus master plans must,
“address compatibility with the surrounding community” and “address
reasonable transportation demand management techniques to minimize
offsite impacts where possible.”
In addition, campus master plans must
also, “not be in conflict with the comprehensive plan of the host local
government and the comprehensive plan of any affected local
governments.”
All
local government comments and suggestions on the Campus Master Plan must
be submitted to the University by August 11, 2011. Final approval of the
Master Plan by the FGCU Board is scheduled for September.
Earlier Actions
On
May 20th the Lee County Metropolitan Planning Organization
(MPO) heard a very brief presentation by FGCU about the update to the
Campus Master Plan due to an extended discussion of other agenda items
and the need for FGCU Vice President Joe Shepard to return to the campus
for another meeting. FGCU indicated that it had made no changes in the
plan as a result of the April 15th Public Hearing.
The
public was allowed to testify and reiterated their concerns about the
FGCU Campus Master Plan not being coordinated and integrated with the
County’s transportation planning. However the FGCU representatives had
left by that time so there was no opportunity for these concerns to be
discussed with the University.
The
future of Estero will be greatly impacted by the University and its
growth. The residents of Estero understand this quite well. The top
priority of those who participated in the Community Planning Workshop in
November was improving the community’s relations with FGCU.
Every
five years FGCU updates its Campus Master Plan. This presents another
opportunity for the Estero community to learn about the past growth of
this rapidly growing 12,500 student institution. On April 15th
the University conducted its first Public Hearing of this amendment
cycle and the following three Estero community leaders testified at the
Hearing:
·
John Goodrich, the Pelican Sound member of the ECCL and a member of the
Estero Community Planning Panel (ECPP),
·
Nick Batos, Chairman of the Brooks Concerned Citizens and Vice Chair of
ECCL, and
·
Don Eslick, Chairman of the ECCL.
The
updated Campus Master Plan includes the following findings:
-
The projected student enrollment in ten years (2020-21) is 23,718,
about double the present enrollment,
-
The projected faculty and staff in ten years (2020-21) is 1,465, up
about 37% from today’s total,
-
If the Campus Master Plan is followed the main campus will be fully
built out in ten years,
-
FGCU would like to maintain the capacity to house 20 to 25% of
student enrollment on campus. Thus the number of students housed on
campus in 2020-21 is
projected to be 5,692, up 2,054 units from the present 3,638 housing
units,
-
Thus about 18,000 students will be commuting to the FGCU campus in
the 2020-21 school year,
-
During 2010 FGCU purchased the College Club Apartments, located on
Ben Hill Griffin Boulevard just south of the Gulfcoast Shopping
Center,
-
Earlier this year FGCU purchased 25 acres of land just south of the
College Club Apartments for future student housing development,
-
Estero’s only student housing facility, called
Coastal Village, is
located on the east side of Three Oaks Parkway north of Estero
Parkway and contains 200 apartments housing 800 FGCU students.
The
testimony presented at the Hearing contained the following suggestions
for improving the Campus Master Plan:
-
Expand the scope of the plan to address the impact of about 18,000
students plus the faculty and staff traveling by automobile to the
campus several times per week as soon as 2021,
-
Evaluate the possibility of the private sector providing near campus
student housing with shuttle bus transportation rather than
continuing to use the very limited campus land to build more student
housing,
-
Reevaluate the on-campus parking policy to encourage the use of
public transit services and other non-automobile transportation,
-
Develop information on student, faculty and staff transportation
patterns to be used to develop plans that would discourage the use
of single occupancy vehicles.
Coastal Village Off-Campus Student Housing Development Expanding
Corlico LLC, the developers of
the Coastal Village development on the east side of Three Oaks
Parkway just north of Estero Parkway will soon be breaking ground for
construction of 14 more three story student residences on a 20 acre
parcel they own south of the existing residences on the east side of
Three Oaks Parkway north of Estero Parkway.
This
phase of the development will contain 164 units with each unit housing
four students for a total of 656 students. The existing buildings in
Coastal Village contain 200 units housing 800 students. Thus upon
completion in time for FGCU’s 2012 fall semester Coastal Village will
house 1,456 FGCU students.
The
developer understands that LeeTran will soon be providing a bus stop
adjacent to Coastal Village that will facilitate students getting back
and forth to the FGCU campus using public transit.
County Board Moves Edison Farms Purchase Along
A coalition of national, state and local
environmental and civic groups have united in their support of the
public acquisition and preservation of the 4,000-acre
Edison Farms site
just east of I-75 south of Corkscrew Road.
The Estero Council of Community Leaders, the Brooks
Concerned Citizens, Conservancy of Southwest Florida, Collier County
Audubon Society, Audubon of Southwest Florida, CREW Land & Water Trust,
Florida Wildlife Federation and The Trust for Public Land has formed a
coalition in support of this effort.
Because of the size of this property funding will
likely be necessary from a number of sources, local, state and national.
The coalition is currently investigating a number of these
possibilities.
June
Progress
During June County staff and the Trust for Public Lands (TPL) agreed
upon a joint appraisal plan with the County hiring two appraisers and
TPL hiring one. They further agreed that the three appraisers would
coordinate their early efforts and then work independently but on the
same two month schedule. Once the
appraisals have been completed the negotiations between all the
parties, Edison Farms, Edison’s lender(s), the County and TPL, can
begin. The same schedule will be followed by the County with the other
23 approved parcels so that they all compete with one another for the
limited available Conservation 20/20 funds and the County can obtain the
best possible prices.
Earlier Efforts
On
May 3rd the BOCC voted to direct county staff to proceed to
obtain appraisals on all 24 properties, including Edison Farms, and
begin simultaneous negotiations with the owners of each of the
properties. The County uses this procedure in order to maximize the
price competition among the sellers thus getting the best bang for the
limited supply of Conservation 20/20 dollars. The willingness of the TPL
to serve as interim buyer of the Edison Farms property no doubt was
helpful in persuading some of the Commissioners that Edison Farms should
be included in the group since this procedure will not prevent most of
the other projects from being acquired soon.
On
May 20th the County and the public learned that Edison Farms
has been sued by its primary lender for failure to make timely payments
on its debt. Several Commissioners expressed concern about this
revelation. The following day the TPL informed the County that this
would not deter them from participating in the purchase. TPL further
indicated that they have had considerable experience with such purchases
since the current recession started in 2007. In addition they indicated
that these situations were often beneficial to prospective purchasers
such as the County and TPL.
On
April 11th the Board of County Commissioners met as the
Management and Planning Committee and discussed the 24 properties that
had been found qualified by the Conservation 20/20 Committee including
Edison Farms, the highest ranked project. After discussing the projects
and availability of Conservation 20/20 funding the Board directed staff
to post the projects for consideration by the Board at their May 3rd
meeting.
The
Trust for Public Lands (TPL), a national not for profit land
conservation organization, has met with county staff and several of the
Commissioners to express their interest in playing the role of interim
buying of the Edison Farms property. Under the option proposed by the
TPL they would be a cash buyer of the land thus obtaining the land at
the lowest possible price. TPL would then enter into a lease purchase
agreement with the County whereby the County would purchase the land
from TPS and pay it off over a period of years. In addition TPL has
offered to share some of the due diligence costs with the County thus
lowering the county’s cost of the property.
SFWMD
Funding—for the foreseeable future the SFWMD is not going to fund any
projects other than for water quality and water storage in the
Everglades.
Lee
Port Authority Funding – When the Southwest Florida Regional Airport
adds a parallel runway in a few years it will need to update its
mitigation plan. It has hired a consultant whose study will exploring
the mitigation options for the runway will be completed shortly. Once
this report becomes available the Committee plans on meeting with the
staff of the Port Authority to explore the possibilities of some of this
mitigation, and the funds to pay for it, being designated for the Edison
Farms property.
Florida Forever Funding – Due to the State precarious financial
condition Florida Forever funds are not likely to be available for some
time.
Earlier this year the state’s “Florida Forever”
land acquisition program ranked the property and contiguous Corkscrew
Regional Ecosystem Watershed (CREW) area as #3 statewide in the
Partnerships and Regional Incentives Projects category.
Representatives of Corkscrew Regional
Ecosystem Watershed (CREW) Land & Water Trust and the Calusa Land Trust
announced they will be contributing $100,000 and $10,000 respectively
towards the purchase of this land. Pledged donations from
community and other organizations will help Edison Farms chances for
approval by the Committee and the Board of Commissioners. We would urge
all Estero community organizations to consider pledging some funds, no
matter how small, for the acquisition.
Conservation 20/20 funds were committed in 2009 for
the acquisition of a select group of properties using phased acquisition
over the next several years. All Conservation 20/20 nominations received
since January 1, 2009 have only undergone a preliminary evaluation to be
retained and held for future consideration when funds became available
again or to be rejected. As a result of the preliminary
evaluations, CLASAC has retained a total of 28 nominations, including
Edison Farms. About $20 million per year is raised for the Conservation
20/20 program by a special property tax levy approved by the voters of
Lee County in 1996.
BCHC Extended Hours Will Be Continued
Throughout the Summer
On January 17th the
Bonita Community
Health Center (BCHC) began to increase their hours by three hours per
day, from 7 a.m. to 7 p.m., on all weekdays. The
South Lee County
Hospital Committee has long been seeking better access to emergency
care…adding three hours per day to the schedule of the walk-in clinic
begins to address this need while the Committee continues to work on
obtaining a 24/7 Free-standing Emergency Department and eventually a
hospital.
During the “season” the South Lee County Hospital Committee conducted a
substantial direct contact marketing program. That effort and the
extended hours at the BCHC walk in clinic increased clinic patient
volume’s by 32% during the season. During this period the clinic treated
an average of 12 additional patients daily during the extended hours.
The outstanding spring results have
allowed BCHC management to continue the extended hours throughout the
summer months.
Patient visits to the walk-in-clinic/urgent care center during May were
well above the number of visits experienced in May 2010.
The number of patients treated during the extended hours averaged
6 per day.
Special Summer Plans for Year Round Residents
During July complimentary Balance and Foot screenings will be provided
by members of the BCHC rehabilitation team, Dr. Robert O'Leary and Dr.
Jamie Weaver. This
important screening can be used to develop a plan to reduce fall related
injuries. Appointments are
required and may be made by calling 949-6112.
In addition Dr. Meir Daller will be providing complimentary prostate
screenings on July 27th.
Call 277-5770 to reserve a time.
Blood work from the Lee Lab will be provided that same day before
the screening.
BCHC
is now offering school and sports physicals for $20.
No appointment is necessary.
Bonita Community Health Center welcomes James Frizzell, M.D. a
gastroenterologist who is joining Digestive Health Physicians.
He began taking appointments in June. Call 947-2244 for more
information.
Healthy Lifestyle Program under
Development
BCHC
has teamed up with The Commons Club at the
Brooks to help individuals
improve their health through simple lifestyle changes. What started as a pilot program in February, Living a Healthy
Lifestyle (LHL) now has three groups of participants in various stages
in the journey to improve their health.
On
June 6th the latest group of 15 participants had their
pre-assessments done by BCHC and The Commons fit pro team.
Dr. Chip Shemansky of BCHC also performed a postural analysis.
Several members of the pilot group have continued the program and
work to encourage the newer members of LHL.
In
addition to the pre-assessment analysis, the program also includes
personal training sessions, nutritional education, circuit training and
support group meetings that include speakers on topics related to health
and nutrition. Before
and after health data is being tracked to measure individual
improvements. To learn more about this program contact Cathy Moschetto
by calling 498-8888 or by email at
CathyM@thecommonsclub.com
.
Airplane Noise Progress
Report
In October 2008 the Federal Aviation
Administration (FAA) changed the
flight patterns for
commercial aircraft departing to or arriving from the northeastern
section of the United States. As a result many Estero communities began
to be impacted by noise from these aircraft. At that time the Estero
Council of Community Leaders (ECCL) and the Brooks Concerned Citizens
(BCC) formed a committee to work on this problem.
During the last two years the Committee
has worked with the Regional Office of the FAA in an effort to reroute
these flights or to alter their flight patterns so that they will
provide noise relief for the residents of Estero. As a result of this
effort some of the flights are being rerouted while other planes are
flying higher than before. In addition the FAA has initiated a
monitoring system that will soon be providing the Committee with
periodic reports that will allow the Committee to assess the impact of
the changes.
June Progress
During June several members of the
South Lee County Airport Noise Committee met with the
FAA, Port Authority staff, the new Control Tower Manager and
representatives of ESA, the Authority’s Part 150 Noise Study consultant
to discuss the committee’s concerns. As a result of this meeting
representatives of the Noise Committee will soon be meeting with ESA and
Port Authority noise staff to discuss the procedures to be followed as
the Part 150 Noise Study is completed.
In addition we learned
that the Flight Tracking system will become available for public use
sometime this fall. The Committee looks forward to helping the community
learn how to use this system to track planes flying over your homes and
to report any altitude violations to the appropriate authorities quickly
and easily.
Earlier This Year
During May we learned
that
ESA,
the Authority’s Part 150 Noise Study consultant, will consider public
comments regarding the actual flight tracks of aircraft arriving into
RSW since those routes were instituted by the FAA in late 2008.
Lee
County Residents who have been disturbed by overflights since the FAA
unilaterally changed the routes in 2008 should communicate your opinion
via the RSW comment line 239-590-4466 or e-mail at
noisecomment@flylcpa.com
so that they will be considered by the consultants in the noise study
Comments can address particularly low or noisy airplanes, rapid
succession of disturbing overflights, or more general comments regarding
objectionable flight patterns and paths. The latter is especially
appropriate for seasonal residents who have returned to their northern
homes.
While RSW does not have any residences within so-called non-compatible
contours around the airport, and does not have a noise problem according
to federal criteria, Lee Plan Policy calls for updated RSW noise
exposure maps every five years with a noise compatibility plan to guide
future land use planning.
The airport has opted to accomplish this through a Part 150 Noise Study,
first in 1989 and subsequently in 1995 and 2006. The two year study will
also include a "community "education and outreach" program that will
review noise complaints received by RSW during the past five years.
On March 8th Anu Lacis, a member of the South Lee County Airport Noise
Committee and a resident of Shadow Wood in The Brooks, was appointed by
the Board of County Commissioners to the Special Management Committee of
the Lee County Port Authority. This five member committee reviews all
airport management decisions and recommends appropriate actions to the
Authority Board (composed of the members of the Lee County Board). Anu
has
extensive airport management experience with the Port Authority of New
York and New Jersey that runs the airports in the NY/NJ area and retired
as manager of Teterboro Airport near Manhattan.
Bonita Springs/Estero
Economic Development Council Formed
At
the April 8, 2011 ECCL meeting,
the membership agreed to join the
Bonita Springs Economic Development
Council (Council). The
Council’s goals are consistent with the goals of the ECCL’s Economic
Development Committee (ECCL EDC): to diversify the area’s economic base
by encouraging the growth of current businesses while attracting to the
area less seasonal businesses that are compatible with the community.
On
April 1, about 25 investors and other participants, including ECCL
representatives, participated in the first meeting of the Council.
Christine Ross, Bonita Springs Chamber of Commerce CEO, and Joe
Ariola kicked off the inaugural meeting. They provided investors with
the background of the Chamber’s work over the last few years to
stimulate economic development in the region.
It was explained that the Council was a newly formed 501(c) 6 non
profit organization chartered for the purpose of economic development.
Also announced was that the city of Bonita Springs had pledged
$25,000 with a promise for additional matching funds up to $75,000
equivalent to investments from
Bonita
Springs businesses and
individuals. It was announced that the Council is seeking to fund a
$200,000 budget for this year.
At
the second Council meeting, held April 21, a Nominating Committee
presented a list of recommended directors, including Bob Lienesch, a
member of the ECCL EDC. The
slate of directors was approved by the investors.
The directors elected Richard Mancini, Chairman and Joe Ariola,
Vice Chairman for the current year.
On
May 21, The Council conducted a directors’ retreat to consider the
by-laws and to focus on the Council’s vision, mission and strategies.
The directors agreed that a cornerstone of the Council’s approach
will be to collaborate with other area and state organizations that are
striving to improve the SW Florida
economic climate.
Also
on May 21, the directors unanimously agreed to change the Council’s name
to the Bonita Springs / Estero Economic Development Council.
In a press release, Chairman Mancini stated that “adding “Estero”
to the name more accurately reflects our organization’s mission to be
the area’s economic development authority fostering regional
collaboration for the retention, expansion, creation and attraction of
jobs and businesses for our entire service area and Bonita Springs /
Estero is a more accurate descriptor for our region of focus.”
The
Council continues to meet regularly to focus on fund raising, developing
its communication plan, website and related materials.
Estero’s May Housing Permits Show Up-Tick
During May, twenty-five single family homes and one
duplex with a combined building value of $4.8 million were permitted in
Estero. May’s number of
housing
units permitted
and
the related dollar
value, matched the best month of 2010, but, remains
well below the 2000-2007 periods.
May’s permits were about equally divided between
Lennar’s Bella Terra, and Toll Bros’. two developments,
Belle Lago and
The Reserve of Estero. The
average construction value per home remains low due to Bella Terra’s
lower priced offerings.
The following table compares year-to-date May
figures with those of the prior eleven years:
|
Year
|
Annual Total
Housing Units
|
Building Value of Units
|
Average Building Value Per Unit
|
Percentage of Single Family Units
|
|
2000
|
858
|
$116,877,412
|
$136,221
|
38%
|
|
2001
|
1,035
|
155,925,738
|
150,653
|
40
|
|
2002
|
599
|
99,942,722
|
166,849
|
52
|
|
2003
|
872
|
127,480,453
|
146,193
|
33
|
|
2004
|
631
|
126,737,869
|
200,852
|
72
|
|
2005
|
1,275
|
253,271,426
|
198,644
|
45
|
|
2006
|
702
|
164,942,772
|
234,961
|
24
|
|
2007
|
286
|
78,418,241
|
274,190
|
36
|
|
2008
|
56
|
19,730,130
|
352,324
|
80
|
|
2009
|
60
|
22,082,017
|
368,034
|
84
|
|
2010
|
97
|
17,999,000
|
185,557
|
75
|
|
2011
|
78
|
14,489,392
|
185,761
|
87
|
Estero’s May Commercial Permits Increase Due to
Coconut Point
During May, permits totaling $1.3 million were
issued for Estero
commercial buildings, which included a $1.0 million investment for
construction of the new
Olive Garden Restaurant in
Coconut Point.
The 2011 year-to-date figure below for Estero also benefited from
the $2.1 million investment for
Cayo de Estero in January.
Those two investments account for much of the improvement from
2010. The other three months of 2011 were very depressed.
As shown in the following table, Estero’s
commercial development started to expand rapidly in 2004 and peaked in
2006 with a total of $185 million that year. Since then, total
commercial investment in Estero has fallen precipitously and remained
low for several years.
|
Year
|
Year-to-Date
|
Annual Total
|
|
2000
|
$68,297,657
|
$77,250,835
|
|
2001
|
16,911,976
|
44,116,526
|
|
2002
|
5,968,501
|
23,135,139
|
|
2003
|
8,176,174
|
23,234,725
|
|
2004
|
8,661,787
|
60,859,820
|
|
2005
|
34,119,981
|
111,037,977
|
|
2006
|
74,470,848
|
184,709,240
|
|
2007
|
70,938,231
|
157,614,045
|
|
2008
|
21,989,153
|
39,261,677
|
|
2009
|
7,439,170
|
9,752,556
|
|
2010
|
1,211,381
|
9,322,546
|
|
2011
|
|
?
|
The major projects permitted so far this year are:
$2,052,000 for
Cayo de Estero,
$1,000,000 for the
Olive Garden Restaurant in
Coconut Point, and
$ 952,000 for
Meadows of Estero.
Note: The building values above understate the cost
of each residence or commercial building because they exclude the value
of the underlying land.
The County permit
information used in this report may be found at
http://www.lee-county.com/dcd/Reports/EsteroReports.htm
Estero’s Residential Existing Housing Sales &
Listings
For years, we have
published a monthly report showing the number of permits issued in
Estero for new residential construction. However, in the past we’ve not had sales data showing historical
sales of existing homes in Estero. Now, with the help of Joe Pavich Sr. of Realty World in Estero
and using Multiple Listing Service (MLS) figures, we have begun to
compile figures for sales of existing single family homes in Estero for
the last eighteen months. As time goes on we will have more historical
data so that the reports will be more informative. Sales for the last 18
months are summarized below.
|
|
SINGLE
|
|
SINGLE
|
|
|
|
FAMILY
|
|
FAMILY
|
|
|
2010
|
UNITS SOLD
|
2011
|
UNITS SOLD
|
INC. (DEC.)
|
|
APRIL
|
45
|
APRIL
|
50
|
|
|
MAY
|
46
|
MAY
|
27
|
|
|
JUNE
|
39
|
JUNE
|
28
|
|
|
QTR 2
|
130
|
QTR 2
|
105
|
-19%
|
|
|
|
|
|
|
QTR 1
|
93
|
QTR 1
|
107
|
15%
|
|
QTR 2
|
130
|
QTR 2
|
105
|
-19%
|
|
YTD
|
223
|
YTD
|
212
|
-5%
|
|
QTR 3
|
65
|
QTR 3
|
|
|
|
QTR 4
|
67
|
QTR 4
|
|
|
|
YEAR
|
355
|
YEAR
|
|
|
As
shown above, this year’s second quarter was19% below 2010.
On a year-to-date basis for 2011, we are off only 5% due to the
15% growth in the first quarter of 2011.
In
addition, we are now able to capture the number of listings of currently
active unsold homes in Estero.
As of June 30, 2011, there were 380 active single family
residential listings, compared with 437 listings at the end of last
month. We believe the
decline primarily reflects the expiration of listing contracts at the
end of June.
Of
the 380 active listings, 83 are short-sale listings where the bank is
expected to receive less than their loan amount.
The slow closing process associated with short sales is believed
to have caused some of the abnormally large inventory of unsold homes,
and the closing delays abnormally lowered the number of closings in the
second quarter.
Based
on sales in the last year, 380 active listings represent a 13 month
supply of unsold homes, whereas a six month supply usually indicates a
healthy market. While
comparable figures are not available for earlier periods, we believe
that the current inventory and months of supply figures are
significantly better than a year ago.
Note:
These figures include almost all of Estero, but exclude the Estero
portion of Pelican Landing due to their lack of availability.
Also, the figures do not include listings for multi-family units.
|