A Minneapolis development firm has bought a 61.3-acre site in Fort Myers for $20.45 million.
Ryan Cos. intends to build a large-scale, mixed-use project on the site, which it’s dubbed Dia Crossings, according to a statement. The property, at U.S. 41 & Alico Road, required full rezoning and the rescission of a former Development of Regional Impact (DRI) designation. Now approved, the site can have 350 multifamily units, up to 200,000 square feet of commercial space and 150 hotel keys.
The seller is Holes Jared Trustee, according to a statement…