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In the face of challenging times for Southwest Florida development, CEO Jim Nashman is focusing positively on Pelican Bay Development’s core strengths, ensuring that the firm’s expanding presence will position them for increased success when the market improves. “Our ability to discover added value opportunities remains very strong,” says Jim. “We are fulfilling the needs of communities that have existing retail centers in need of renovation. We are also building in well-populated areas that have not had access to many retailers and services before – our new centers are helping to meet those needs.” Jim and his staff are excited about their newest retail project, the high-profile Alico Commons in south Fort Myers. Anchored by a new Publix supermarket and Office Depot, the 31,000-square-foot complex will accommodate several small shops as well as a freestanding CVS pharmacy. On the residential side, Pelican Bay Development is completing several luxury homes in Naples and the Banana River Marina on Florida’s east coast. “Proceeding with this level of new construction right now is an indicator of Pelican Bay Development’s strong foundation and its commitment to Florida’s future,” states Jim. Pelican Bay Development and sister company, Petra Development, maintain confidence based on the reputation and successful track record of its principals. Since 1995, the firms have embraced a philosophy of enduring value with honesty, integrity, passion and pride. “With my dedicated staff, we continue to develop an organization that is sensitive to the communities in which we build, and we are dedicated to providing residential and commercial centers with sustainable value,” concludes Jim. “We are optimistic about the future and poised for growth when the tide turns.” |
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