Atlanta-based real estate investment and development firms Brook Farm Group and Rail Gauge Partners LLC broke ground on a 265-unit multifamily development at 5000-5003 Palm Point Court adjacent to Palm Pointe retail center at U.S. 41 and Trailwinds Drive in Fort Myers. The Sinclair at Palm Pointe will include two four-story buildings with elevator service and 467 parking spaces. The units will average 909 square feet. The development team acquired the shovel-ready 8.5-acre site for $10.5 million in July, property records show, allowing it to bring units to the market by early 2026.
Pizzerias amassed a major slice of the more than 50 area restaurants that closed in 2024.
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