Bringing a Real Estate Lens to Redevelop Midtown | FPC 24

The Counselors of Real Estate

Collaboratory

Florida APA Conference Sept. 5, 2024

Presenters

• Cassandra Francis, CRE, FRICS, FAICP, FCIArb, MLAI,

LEED AP

BD+C, Principal, KARIATID, Chicago, Illinois

• Monica Hagewood, CRE, Principal, Strata Real Estate Alliance, LLP, Roswell, Georgia

• Jon Romine, RLA, Chief Operations Officer, Collaboratory, Fort Myers, Florida

The Counselors of Real Estate®

Nonprofit organization of commercial property professionals known for creative real estate problem solving

• 1,000 thought leaders

• Membership extended by invitation

• High-level expertise across 50+ real estate disciplines

CRE Consulting Corps: The Counselors’ Public Service Initiative

• Members of The Counselors volunteer to assist nonprofits or government

• Provide real estate strategy and action plans

• Feasible, achievable recommendations

• Objective: nonpartisan, unbiased, no conflict of interest

• Time-Efficient: recommendations provided onsite

What/who is Collaboratory?

Midtown Situation

Source: City of Fort Myers

Action Steps

MIDTOWN DISTRICT

Connectivity: Placemaking and Infrastructure

Leverage Assets for Economic Development

Progress - Initial Potential Project Proposal For City Of Palms Park

PHOTO SOURCE: GULF SHORE BUSINESS NEWS

Progress in Midtown

Progress - Initial Potential Project Proposal FORMER

News Press Site

• MIXED USE

• MIDRISE RESIDENTIAL

• GROCERY

• DRY CLEANERS

• BANK

• URBAN RETAIL

Leverage Opportunities: Hurricane Response Resources to Advance Your Community Vision

•Need COHESIVENESS and CONSENSUS ahead of times of crisis

oBetween Governments and Jurisdictions

oBetween and Within Industry Leadership

oPrograms, Plans and Priorities

•Engage Private Sector Leadership and Resources

•Convene Industry and Issues Leadership

•Importance of Good Data

•Take advantage of incoming recovery resources for comprehensive problem solving

$129M CDBG-DR Funds

• Community Recreation Center and Disaster Shelter – Cape Coral

• Weir Rehabilitation Upgrade or Replacement Project – Cape Coral

• Cape Coral EMS Base/Safe Room – Lee County

• Pine Island Fire Station 2 – Lee County

• North Island Water Tower and Facility Project – Fort Myers Beach

• Parks & Recreation Revitalization – Fort Myers Beach

• Moss Marina Booster Pump Station Relocation LCU – Fort Myers Beach

• Resilient Communications Towers – Lee County

• LCEC Cherry Estates – Lee County

• County-wide Drainage Improvements – Lee County

• Satellite Shop replacement and underground fuel tank replacement – Lee County

• Shelter Hardening and Generator Installation – Lee County School District

• Sanibel Fire Station 171 Reconstruction – Sanibel

• Road Reconstruction – Sanibel

• Salvation Army Center for Hope Campus – City of Fort Myers

• S.T.A.R.S Expansion and Category 3 Hurricane Shelter – City of Fort Myers

• Wellfield Expansion – City of Fort Myers

• FISH of SANCAP Building Elevation, Hardening, and Associated Site Improvements – Sanibel

• Ragsdale/Pennsylvania/Arroyal Corridor Street Improvements –Bonita Springs

• Broadway Avenue West Improvements – Estero

Cassandra Francis, FAICP, CRE, FRICS, FCIArb, MLAI, LEED AP BD+C

cassandrajfrancis@gmail.com (312) 259-4011

Monica Hagewood, CRE mbhagewood@stratare.com (770) 587-3398

Jon Romine, RLA jromine@collaboratory.org (239) 308-1025

https://Collaboratory.org

https://cre.org/initiatives/cre-consulting-corps/

Samantha DeKoven, Director of Public Service Initiatives, The Counselors of Real Estate (312) 329-8431 sdekoven@cre.org

Download the CRE recommendations: bit.ly/42wuHl1