Colonial Park Mixed-Use Development Offers Strategically-Located Sites.

Business Editors

FT. MYERS, Fla.--(BUSINESS WIRE)--March 6, 2001

Colonial Park, a mixed-use residential, retail, commercial, office and industrial park located in Ft. Myers, is offering sites in various sizes and configurations for sale beginning immediately. Stanford Development Corp. Licensed Real Estate Brokers are marketing the project and invites broker participation.

Colonial Park is located in the heavily traveled Colonial Boulevard and Winkler Avenue area of Ft Myers. It is approximately 2 miles from the Colonial Boulevard/I-75 interchange, 1.5 miles from U.S. 41 and Page Field, 2 miles from downtown Ft. Myers, and 4 miles from Lehigh Acres.

Existing developments in the park include two apartment complexes, an elementary school, a restaurant and a health care facility. All internal roads and street lighting are complete and utilities existing throughout the park have the capacity to service the intended uses.

Tracts ranging in size from 2 acres up to 17 acres are available for numerous uses including restaurants, hotels, banks, light industrial, office, apartments, condominiums, and adult living facilities. Certain tracts may be subdivided. Several of the tracts border a large lake that was created to provide master retention for the park.

"Colonial Park represents a great opportunity for restaurants, banks, build-to-suit developers and commercial end-users to get into the expanding Ft. Myers market," said Stanley Sigismund, broker and principal of Stanford Development Corp.

"The variety of sites available should be attractive to a wide range of users."

Further information regarding Colonial Park can be obtained Mr. Sigismund at 941/275-8110 or 954/648-3483, or e-mail at [e-mail].