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Developers spark outrage as $100 million deal threatens beloved US region: 'They won't stop'

Summary by thecooldown.com
Developers have purchased a large parcel of land in southwest Florida, threatening the area and angering residents. Gulf Coast News reported that Forestar (USA) Real Estate Group bought the 1,745-acre parcel of land in northwest Cape Coral for $100 million. The developers told the outlet they have plans for 3,500 new homes and a shopping center. The deal was brokered by LSI Companies, which told Gulf Coast News that it is the largest unimproved …

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thecooldown.com broke the news in on Wednesday, January 28, 2026.
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