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New life for old storage facility: exclusive luxury homes

Posted on October 27, 2016


October 26, 2016

Seagate Development Group LLC and BCB Homes have begun site and underground utility work for Hill Tide Estates on Boca Grande, a 19-home luxury development on one of Gasparilla Island’s last contiguous undeveloped parcels.

CaptureSingle-family home sites on the nearly 10-acre tract are being marketed by Gulf Coast International Properties for $1.4 million.

Hill Tide Estates’ homes will feature pitched metal roofs and “island architecture,” according to a press release. Seagate and BCB also have proposed building an observation deck, community boat dock with lifts and a boardwalk, but those amenities have yet to be approved.

Seagate and its partners acquired the 890 Belcher Road property bordering the Gasparilla State Park last year from FP&L, which had used the land for decades as a fuel-oil receiving and storage facility.

The utility decommissioned the facility in 2002 after converting a Fort Myers power plant to natural gas.

Boca Grande is considered one of the most exclusive luxury enclaves in Florida, a reputation that is enhanced by a lack of traffic lights, gas stations, billboards, high-rise residential towers or fast-food restaurants.

Visit Hill Tide Estates’ website: http://hilltideestates.com/

See story online @BusinessObserver

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