Public Private Partnerships Estero River North Opportunity

The Village of Estero is seeking a qualified development partner to collaborate on the master planning, development, financing, and long-term operation of a 32-acre Village-owned site located north of the Estero River. The initiative aims to transform publicly owned land into a vibrant, walkable mixed-use development that strengthens the surrounding waterfront and entertainment areas while expanding the Village's long-term economic base. The proposed development will include single-family homes, multifamily residential development, ground-floor retail and commercial uses, and neighborhood-serving retail and service tenants. The Village is open to a range of partnership structures, including land sale, long-term ground lease, concession agreement, revenue share based on land input, and design-build-finance-operate-maintain structure. Key objectives of the project include generating long-term, non-ad valorem revenue to the Village, stimulating additional private development, increasing surrounding property values, supporting construction and permanent employment, and enhancing Estero's reputation as a desirable residential destination. • Single-family homes with Old Florida architectural style • Multifamily residential development with mid-rise or structured residential buildings • Ground-floor retail and commercial uses, including neighborhood-serving retail and service tenants, food and beverage establishments, and professional and lifestyle-oriented commercial space • Active street-level frontage to promote walkability • Pedestrian bridge to connect the development to the nature preserve on the southern half of the river • Walkway along the riverfront to allow for a seamless transition between US-41 and the development