boca-other3

BY MARCY SHORTUSE

It has been confirmed that two Southwest Florida developers are currently doing due diligence to purchase the 9+ acres of land at the southern tip of Gasparilla Island on Belcher Road, currently owned by FPL. If the deal goes through 20 new homes will eventually be built on the property.

While the two companies are still relatively tight-lipped as to many details, James Nulf of Seagate Development Group confirmed the parcel is currently under contract with BCB Homes, Inc. and Seagate Development Group, LLC.

Seagate Development Group, LLC is headquartered in Fort Myers. BCB Homes, Inc. is based in Naples. Seagate has been part of more than $500 million of sales in luxury custom homes and more than $700 million of commercial development.

READ THE FULL ARTICLE