Landmark 60.8-Acre Transaction at I-75 and Daniels Parkway Signals Continued Confidence in Southwest Florida’s Growth
FORT MYERS, Fla. — Cushman & Wakefield | Commercial Property Southwest Florida (CPSWFL) has announced the sale of a 60.8-acre parcel of land at the intersection of I-75 and Daniels Parkway in Fort Myers, totaling 2,648,448 square feet, for $35 million.
CPSWFL served as transaction broker, representing both the seller, Daniels Parkway JV Development, LLC, and the buyer, Bison Property Holdings, LLC (Waypoint Development).
Waypoint Development plans to transform the property into a four-phase, 1,242-unit multifamily community with five acres of commercial space, reflecting sustained confidence in the long-term economic outlook for Southwest Florida.
“This development underscores investor trust in the future of Southwest Florida,” said Gary Tasman, CEO and Principal Broker of CPSWFL. “Large-scale projects like this not only demonstrate confidence in our market but also fuel the continued economic and population growth we’ve seen throughout the region.”
Senior Director Shawn Stoneburner, who led the transaction, emphasized the project’s community and infrastructure impact:
“This is one of the most significant multifamily and mixed-use developments in Lee County. With access to I-75, Daniels Parkway, and the Three Oaks extension, this property is perfectly positioned for residents and businesses alike. The project will contribute an estimated $150–$200 million in value to the local tax base.”
The sale highlights the strategic value of land within the I-75 corridor, an area that continues to attract regional and national developers. CPSWFL’s involvement demonstrates its unmatched market knowledge and ability to facilitate complex transactions that support the region’s growth.
For more information about this transaction or to connect with our brokerage team, call 239-489-3600 or visit www.cpswfl.com.
CPSWFL Email Newsletter Blurb
Cushman & Wakefield | Commercial Property Southwest Florida is proud to announce the successful closing of a $35 million land sale at the intersection of I-75 and Daniels Parkway in Fort Myers.
The 60.8-acre property was acquired by Bison Property Holdings, LLC (Waypoint Development) for the development of a four-phase, 1,242-unit multifamily community with five acres of commercial space. CPSWFL represented both the seller and buyer in this high-profile transaction.
“This project reflects continued confidence in the Southwest Florida market and its long-term economic potential,” said Gary Tasman, CEO and Principal Broker of CPSWFL.
“It is one of the most significant mixed-use developments in Lee County and will have a major impact on the local tax base and infrastructure,” added Senior Director Shawn Stoneburner.
The project is expected to generate an estimated $150 to $200 million in economic value for the region.
📞 For more information, contact our team at 239-489-3600 or visit www.cpswfl.com.