EAST FORT MYERS, Fla. — Fort Myers City Council approved the agreement with Towles Garden, LLC and Robert MacFarlane of MacFarlane Barney Development to build 140 affordable and attainable housing units in the East Fort Myers section of the Dunbar Community.
The single-family-owned residential units will range from 1,100–1,500 square feet, be pedestrian and kid-friendly, include a park with benches and pavilions for events, and provide a variety of styles and price ranges.
The proposed entrance for the community will be located on Highland Avenue.
“The site must include 51% affordable and 49% attainable residential units,” said MacFarlane, noting that ‘Affordable’ is 80% of the average median income levels of residents in the Fort Myers – Cape Coral area.
“What makes the development affordable and attainable is the land donated from the City of Fort Myers, tax increment financing grants, PACE funding, down payment assistance, homebuyer assistance programs, permitting and impact fee reductions and more.”
We are looking to develop other sites in East Fort Myers to help build a brighter future for all.”
