Towles Garden workforce housing, Prima Luce condo towers avoid foreclosure

Author: David Dorsey, Gulfshore Business
Published: Updated:

Two long-delayed construction projects, one of which involves city of Fort Myers funding, have hit another snag, with the two properties dropping from the developer’s ownership to that of his lender. 

Towles Garden is a proposed 140-home subdivision geared toward workforce housing at the southwest corner of Edison Avenue and Veronica Shoemaker Boulevard in Fort Myers. Prima Luce is a planned two-tower, 220-unit, 22-story condominium complex fronting the Caloosahatchee River off First Street just east of downtown Fort Myers. 

The lender, Fort Lauderdale-based Fuse Group Investment Companies, took control of both properties from developer Bob MacFarlane, public records show. The warranty deeds in lieu of foreclosure documents were recorded Feb. 6, although they were dated July 2023. 

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