Estero Oaks, a new mixed-use development, is slated to begin construction at the corner of Estero Parkway and Three Oaks Parkway. The 36-acre planned community will provide a host of complementary commercial uses as well as 280 one-to-three bedroom luxury apartments.
Oakbrook Properties, a local owner and developer of residential and commercial properties, manages the investment group for Estero Oaks. The group came together to fund the project in 2008, after the recession stalled the development of what was intended to be a neighborhood shopping center development. A commissioned market study revealed that for people saving for a down payment on a home or for those recently transferred to the area, there was a genuine need for an affordable rental community. With projects including the nearby master planned Coconut Point, Lee Memorial Medical Village and recently, the Hertz world headquarters, Oakbrook Properties’ significant experience in mixed-use projects provided the perfect match. read more details . . .