Midtown Yards (former News-Press site redevelopment)
Description
Increment rebate application for 95% of the project's tax increment, up to $24 million, to fund roughly $32 million in infrastructure via CDD bonds; the advisory board recommended approval 4-0, sending it to the CRA Commissioners.
Impact summary
Could transform a blighted gateway corner into hundreds of housing units, offices, shops, a hotel and a grocery store — but commits nearly all of the site's new tax revenue to the developer for 14 years.
Applicant
- Name
- Midtown Catalyst, LLC / Catalyst Community Development
- Address
- 2442 and 2404 Dr. Martin Luther King Jr. Boulevard, Fort Myers, FL
At a glance
- Hearings
- 1
- Public comments
- 0
- Total mentions
- 1
Last vote · CRA Advisory Board
A recommendation, not a final decision. The council decides next.
Discussed at 1 meeting in the last 60 days; most recently Nov 4, 2026.
Meeting timeline (1)
Related issues (1)
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