Planned Fort Myers affordable housing development receives 15-month extension

Author: Katiuska Carrillo, Gulfshore Business
Published: Updated:
(Credit: Fort Myers government)

Fort Myers Community Redevelopment Agency Board of Commissioners voted 4-3 to grant a 15-month extension of the tax increment financing agreement for the long-awaited development of Towles Garden. The affordable 140-townhome community will be at the corner of Edison Avenue and Veronica S. Shoemaker Boulevard.

The development on 7.5-acres is intended to provide new and existing area residents with affordable homeownership opportunities for multifamily housing units, ranging from 714 to 1,320 square feet.

Previously, a 12-month extension for the completion of the development was granted Dec. 4 by City Council.

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