THE PROMENADE

599 Riverpoint Drive

Naples, Florida 33103

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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.