Amazon pays $66 million for 143 acres in Fort Myers

By Louis Llovio
| 3:05 p.m. November 19, 2024
| 2 Free Articles Remaining!

Amazon paid $66.5 million for 143 acres in Fort Myers.

Charlotte–Lee–Collier

Amazon has bought 143 acres in Fort Myers and plans to build a new facility on the site.

The company paid $66.5 million for the land at 10631 State Road 82 near The Forum, a master-planned community off of Interstate 75.

Amazon’s plans for the property were not immediately available, though there are reports that an engineering firm sent a letter to the city detailing the company’s intentions.

Neither the city’s community development director Steven Belden nor a spokesperson responded to a Business Observer request for a copy of the letter Tuesday.

But Justin Thibaut, president and CEO of LSI Cos., which brokered the deal, says in a statement that the “large-scale project to emerge here will further accelerate the rapid economic growth” in the city.

Amazon is no stranger to Fort Myers. It already operates two facilities in the city near Alico Road.

The sale is the latest big deal to come out of Lee County in the past month.

In late October, Martin Marietta, the North Carolina building supply company, paid $620 million for nearly 2,000 acres. A few days later, Chicago-based Walton Capital, paid $155 million for the 818,000-square-foot Tri-County 75 industrial park at Luckett Road and Interstate 75.

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Louis Llovio

Louis Llovio is the deputy managing editor at the Business Observer. Before going to work at the Observer, the longtime business writer worked at the Richmond Times-Dispatch, Maryland Daily Record and for the Baltimore Sun Media Group. He lives in Tampa.