“Cottages of Pine Island” — The Atlas Lakes Fund LLC has purchased property east of the Winn Dixie and is working to develop a modular home community on the 20-acre parcel. The site is already zoned for residential development and was approved in 2006 for 33 single-family homes. The property could hold up to 120 units under current comprehensive plan rules.
On June 23, 2022, Atlas met with county staff.
- You can listen to a recording of that meeting here
On March 22, 2023, Atlas hosted a community informational meeting about their plans at the VFW. Under county rules, they are only required to hold one such meeting and they are not planning another. About 20 people attended the meeting, including members of the GPICA board.
- Two phases of development of an “affordable homes” community.
- Phase 1 will be 55 homes and expected to take 24 months to completion. Phase 2 will be another 55 homes, plus a clubhouse, pool and other amenities.
- Home sites offered will be one bedroom/one bath homes of 600 square feet for approximately $220,000 or three bedroom/two bath homes of 1,200 square feet for approximately $320,000. Homes will not be ADA compliant, but amenities will be, as required by state and federal rules.
- Owners will purchase their modular homes, but Atlas will retain ownership of the land and provide owners with leases for 99 years* or until they sell the home.
- The community would be hooked into sewer services, not septic.
- The home site will be elevated per Lee County floodplain rules.
- Units will be built on a road currently named PawPaw Loop. Ingress and egress will be on the road currently owned by Atlas and Winn Dixie, which share the easement.
- Realtor Mike Shevlin will be handling sales within the community.
We’ve reached out to county staff to find out whether this development will be required to go through the Hearing Examiner process. We have not yet received a response. We will provide updates as we learn more.
*Note: The previously recorded meeting between Atlas developers and Lee County staff indicated that buyers would only receive 30-year leases on their land.