Project Description

This 5,263-acre property is located in Charlotte County in the golden triangle created by State Road 31 to the east, US-17 to the west and Bermont Road (County Road 74) to the south. The property has an agricultural designation and is generating revenue from cattle grazing and sod-farming operations. It was acquired to meet the long-term investment strategy of equity diversification. We anticipate that this property could be suitable for a new town community in the future with 12,000 homes and a commercial town center.