A major redevelopment project in Fort Myers is moving forward as Southward Village has been awarded nearly $19 million for its second phase of construction.
The City of Fort Myers Housing Authority received approval for $18.875 million in Community Development Block Grant Disaster Recovery (CDBG-DR) funds to transform the public housing community that was once home to nearly 200 residents.
Watch Fort Myers Community Correspondent Miyoshi Price’s report:
Lee County greenlights $19M for Southward Village phase 2 in Fort Myers
Phase 2 will create a new 151-unit housing development at 2990 Edison Avenue, with 102 units maintaining affordable rental rates for one, two, three, and four-bedroom apartments. The estimated total cost for this phase is $75.6 million, with each unit costing approximately $500,695 to develop…