GULFSHORE BUSINESS
Fort Myers City Council members greenlit a developer’s plan to build an 11-story, 175-room Hilton-brand hotel on an empty lot in downtown’s historic core.
The developer estimated that the hotel will cost $75 million to build with a taxable value of $541,955; and that 50 to 100 employees, depending on season, would be paid salaries that amount to $40,000 to $150,000 per year.
Said Sawyer C. Smith, Managing Partner of Wilbur Smith, LLC, “It’s a great project for the city of Fort Myers. We’ve got a lot of work to do, but we’re building a hotel.”
