599 Riverpoint Drive
Naples, Florida 33103
The Promenade is an 81,051 SF waterfront lot on Tamiami Trail East at Riverpoint Dr, directly across the street from the new Hyatt. The approved proposed project is for 5 restaurants or 1 restaurant with 40 residential units above totaling 58,337 SF. Owner owes approximately $6.7M in debt and estimates $22.3M to build the project. Owner estimates a +/- $63M stabilized value.