Approval for Cameratta Properties’ Newest Development

DeSoto Estates Phase One calls for 586 Residential Units

FORT MYERS, FL--Cameratta Properties' newest development, DeSoto Estates, was approved by the DeSoto County Commission on Tuesday, November 25, 2005.  The planned unit development gained approval by a 4-1 vote.

The DeSoto Estates plan calls for 586 residential units on a 5,860 acre tract located in central DeSoto County.  These units will be the first phase of a larger master planned development according to Cameratta Properties President Ray Blacksmith.  The company also has plans to donate a tract of land for a new wastewater treatment facility, as well as, land for other community amenities.

"This is an exciting opportunity for us in DeSoto County,” said CEO Joseph Cameratta. "It's a great location, close to all the big attractions without losing the city's identity and charm."

Demonstrating trust in Cameratta Properties' vision, DeSoto Estates was approved as a planned unit development; this type of plan approval allows for variations to any or all of the requirements otherwise applicable by the county's land development regulations. 

Currently, Cameratta Properties is developing two projects in historic downtown Fort Myers, High Point Place and First Street Village.  At 32 stories, High Point Place, will be one of the tallest buildings in Southwest Florida and will bring 271 luxury riverfront condominiums downtown. First Street Village, a mixed-use development situated on 12.5 acres, will bring 348 residential units, 38,000 square feet of office space and 98,000 square feet of retail space including a Publix grocery store to downtown Fort Myers.

Cameratta Properties, and its founder, Joseph Cameratta, have developed real estate for more than 25 years.  With offices in Cleveland, Ohio and Fort Myers, Florida, Cameratta Properties specializes in the acquisition, development, and construction of residential and commercial real estate.  Cameratta Properties' projects include large master-planned communities, high rise condominiums, commercial retail and office development, mixed-use developments, golf course communities and apartment-to-condominium conversions.