New Construction Projects in Marco Island, Florida

Project 1: 717 S Collier Blvd Mixed-Use Development

• Developer: Site marketed for development (no specific developer named in public sources; plans prepared for mixed-use).
• Location: 711 & 731 S Collier Blvd, Marco Island, FL 34145 (1.17-acre site).
• Type: Mixed-use (ultra-luxury residential + commercial/restaurant).
• Units/Size: 14 residential units (averaging over 2,000 sq ft each); two rooftop restaurants; 252 covered parking spaces; 5-story structure.
• Status: Announced / Pre-construction (fully entitled/approved; permits ~95% complete and nearly shovel-ready as of early 2026).
• Expected Completion: Not publicly specified.
• Description: One of the last significant vacant development parcels on the island, positioned across from the beach with ocean views. Includes in-place parking revenue during pre-development.[1][2]

Project 2: The Watermark at Marco Island

• Developer: Chancey Development (Chancey Architecture & Design) in partnership with BRW Development and Watermark Retirement Communities.
• Location: 1170 San Marco Road, Marco Island, FL 34145.
• Type: Senior residential (assisted living and memory care).
• Units/Size: 86–92 units (approximately 66–70 assisted living + 20–22 memory care); ~103,000 sq ft.
• Status: Recently Completed (delivered in 2025; grand opening early 2026).
• Expected Completion: Completed (2025–early 2026).
• Description: The island’s first dedicated senior living community, featuring waterfront views, wellness amenities, dining, and programs. Includes an adjacent public park developed in partnership with the city.[3][4]

Limited public information available on additional large-scale named residential or mixed-use projects meeting the criteria for announcement, active construction, or recent completion. Marco Island is largely built out, with most new activity consisting of individual custom or spec single-family luxury homes on tear-down lots (various builders, no overarching project names) and smaller-scale proposals or expansions (e.g., Hilton resort or marina projects still in review/consideration as of mid-2026, without confirmed groundbreaking). The former Port Marco trailer park site has had redevelopment concepts discussed but remains in early review stages with limited confirmed progress.