FORT MYERS, FL (Nov. 14, 2018) – The Luminary Hotel will be lighting up downtown in early 2020 as planned. The settlement of a quiet title lawsuit regarding deed restricted land in downtown Fort Myers has been approved in court, allowing the long-awaited $91 million Luminary Hotel project to move forward.
“Our city is growing, and this project is one of many that will provide much-needed amenities for residents, visitors and area businesses,” said Saeed Kazemi, P.E., City Manager. In the interest of public benefit, the city and the defendants agreed to transfer the deed restriction to a city-owned island in the Caloosahatchee to be developed as the Legacy Island Park.
The city will spend at least $500,000 to clear a portion of the property to create a park with picnic benches and other amenities, install security cameras, make improvements to a public access beach area and create an interpretive trail with signage and a monument recognizing the families that conveyed the land. “The Legacy Island Park will be a sought-after destination, activating recreational opportunities along the waterfront that will complement downtown development,” said Mayor Randy Henderson. “It’s a great outcome for everyone involved,” said Henderson.
The Luminary Hotel project includes a parking garage, event center and amphitheater, and will bring approximately 250 post-construction jobs and a projected $500 million in economic activity to downtown Fort Myers. Construction is expected to be completed in early 2020.