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Council extends approval period for Fort Myers yacht basin redevelopment after Corps delays
Summary
City council granted a one-year extension to Apr. 1, 2026 for Fort Myers SMI LLC (Suntex) to complete approvals for a marina and upland redevelopment, citing delays at the U.S. Army Corps of Engineers and continued city-developer negotiations about bond repayment timing.
The City of Fort Myers voted March 3 to extend the approval period in the ground lease for Fort Myers SMI LLC (Suntex) by one year, moving the approval deadline to April 1, 2026, to allow more time for federal permitting by the U.S. Army Corps of Engineers.
City staff explained the underlying ground lease, executed April 1, 2023, includes an “approval period” intended to give the developer time to secure necessary federal, state and local permits. Assistant City Manager John Leggett said Suntex submitted permit applications to the Florida Department of Environmental Protection…
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