New Construction Projects in Fort Myers, Florida

Project 1: Caloosa Commons

• Developer: Lennar (purchased from Uniland Development Co.)
• Location: Intersection of Littleton Road, U.S. Highway 41, and N. Tamiami Trail, Fort Myers
• Type: Residential (single-family homes and townhouses)
• Units/Size: 515 houses
• Status: Announced / Pre-construction (land purchased July 2026)
• Expected Completion: Home deliveries starting spring 2027 (break ground late summer 2026)
• Description: New master-planned community with amenities including clubhouse, pool, pickleball courts, and tot lot; homes priced starting in the mid-$200,000s.[1]

Project 2: The Waves at Colonial

• Developer: Onda Housing Group (with Lee County, Citi Community Capital, Florida Housing Finance Corp., City of Fort Myers, U.S. Bancorp Impact Finance)
• Location: 11800 State Road 82, Fort Myers
• Type: Residential (affordable multifamily)
• Units/Size: 358 units
• Status: Under Construction (as of May 2026)
• Expected Completion: Not specified (project is $112 million)
• Description: Affordable housing community in southwest Fort Myers.[2]

Project 3: ONE Fort Myers

• Developer: Jaxi Builders / The Astor Companies
• Location: Riverfront along First Street / Caloosahatchee River, downtown Fort Myers
• Type: Residential (luxury condominiums)
• Units/Size: 34 units (21-story boutique tower)
• Status: Under Construction (vertical construction underway)
• Expected Completion: End of 2027 (or mid-2027)
• Description: First new riverfront condo tower in downtown Fort Myers in over 20 years; units priced from approximately $1.25–$2.5 million (penthouse up to $4 million), with private elevators and waterfront amenities.[3]

Project 4: Strayhorn Place

• Developer: Southwest Florida Housing Foundation / Housing Authority of the City of Fort Myers
• Location: 1935 Lafayette Street, Fort Myers
• Type: Residential (affordable senior housing)
• Units/Size: 80 units
• Status: Under Construction (broke ground ~May 2026)
• Expected Completion: Not specified
• Description: Modern apartments for low-income seniors (ages 62+), replacing former Royal Palm Towers; includes amenities like gym, health clinic, business center, and hurricane shelter features.[4]

Project 5: Legacy Point

• Developer: Southwest Florida Housing Foundation (partnered with McCormack Baron Salazar)
• Location: Greater Dunbar area (replacing Southward Village), Fort Myers
• Type: Residential (mixed-income multifamily)
• Units/Size: 373 units
• Status: Under Construction (broke ground October 2025)
• Expected Completion: Spring 2028
• Description: Part of the Greater Dunbar Initiative; modern mixed-income community with market-rate and affordable units, amenities, and resilience features.[5]

Project 6: The Arwyn

• Developer: Southwest Florida Housing Foundation / Housing Authority of the City of Fort Myers (partnered with Tre Bel Housing)
• Location: 5360 Summerlin Road, Fort Myers
• Type: Residential (affordable multifamily)
• Units/Size: 230 units
• Status: Under Construction (broke ground February 2026)
• Expected Completion: Late 2027
• Description: Affordable family housing replacing former Horizons Apartments; includes clubhouse, community gardens, dog park, and in-unit washers/dryers.[6]

Additional notes: Several other projects (e.g., new Lee Health hospital campus, Amazon fulfillment center, FGCU academic building, Montage at Midtown apartments, and various Lennar townhome communities like Orange River Townhomes) are underway or announced in the broader Fort Myers area, but details on some remain limited in public sources. Downtown riverfront and Midtown redevelopment plans (including potential towers at Legacy Harbour) are in earlier stages with billions in projected investment. No exhaustive list of every infill or small-scale project exists publicly.