FORT MYERS, FL–A joint venture between two Miami-based developers, Global City Development and Gilu Development, is set to break ground on a 17- acre parcel in Fort Myers, FL, on the corner of Crystal Drive and 6 Mile Cypress Parkway, that was purchased in August 2022.

The joint venture will develop a $90 million, 255-unit gated luxury multifamily community, consisting of 1-, 2-, and 3-bedroom residences, ranging in size from 786 to 1,690 square feet.

Amenities include private garages, outdoor exercise areas and a 2-story 6,200 square foot clubhouse, which features a state-of-the-art fitness center, a meditation area, a children's playroom, a resident's lounge (inclusive of private zoom studios and co-working space), a grand room for events, on-site management office, a resident's package room and convenience area coupled with a pool overlooking the community's private lake.