Condo project planned for Estero

Posted at 11:20 PM, May 03, 2016
and last updated 2016-05-03 23:20:35-04

The Estero planning board heard a proposal for a 200 unit condominium project at the corner of Corkscrew and Via Coconut.

The project is called Genova, and developers told the planning board they already sold dozens of condos, even though ground has yet to be broken.

"Right now Corkscrew Road is rated a D road, and on it's way to a failing F," said Estero resident Bill Savage.

He's worried Genova will contribute to traffic problems in the village, and he's worried another development across the street from Genova will do the same.

But officials with Stantec, the engineering firm working with the developer claims there will be very little impact since this is an entirely residential project. 

"(It) will create an additional 36 million dollars of employment, and approximately 90 million in regional employment," said developer Jim Wallace.

Asked when he wants to start construction, Wallace told Fox-4 "yesterday."

The planning commission will make a recommendation by May 26th.