Fort Myers hotel says it’s in talks to purchase hotel in Fort Myers
Fort Myers, Fla.
— The Fort Myers Hotel & Resort Group, which owns and operates Fort Myers’ Grand Floridian Resort & Spa, has opened talks with two local real estate developers about buying the property in Fort Wayne.
The hotel group announced Wednesday that it had closed a deal to purchase the property, which is located on Lake Okeechobee in Fort Monroe, from owner the Grand Florian Family, which bought it in 2005.
The Fort Lauderdale-based company has a 10-year lease on the property.
It said in a statement that it is in discussions with developers to redevelop the property for use as a luxury hotel.
The Grand Florians are also exploring options to develop the property as a hotel, the statement said.
The property is located a few miles west of the Grand Staircase-Escalante National Monument.
The property was originally a commercial property but has been converted into a nature preserve.
The sale price for the property is not yet known, but Fort Myers Mayor Rick Gossett said Wednesday the price could be as high as $250 million.
Gossett was on a panel with developers in Fort Worth, Texas, in July to discuss development of the property and its potential for tourism.
The city has said the project would create 200 to 250 jobs in Fort Bliss, a town about 80 miles east of Fort Myers.