ESTERO, FL- (January 16, 2013)  Miromar Development announced today plans for a residential and commercial development adjacent to Florida Gulf Coast University, designed to support the growth of the university.  University Village will provide off-campus housing, retail shops, coffee shops and restaurants.

             The property is located just south of the university and an agreement signed Tuesday between Miromar and FGCU fully supports the University Village concept. With rezoning, Miromar will move some of its already approved commercial use from property it owns just south of Alico Road to the 100-acres next to FGCU.

             “We saw some lifestyle components missing from our neighboring university and have the opportunity to develop this parcel of property in a way that provides essential support to the growth of FGCU.  University Village will create an environment for the university where students, staff and faculty can shop and eat and it will help meet the housing needs of faculty members and a growing student population,” said Margaret Antonier, President and CEO of Miromar Development.

             Florida Gulf Coast University (FGCU) President Dr. Wilson Bradshaw said, “We look forward to the opportunities that will be provided to our students, faculty and staff with the development of our neighbor Miromar’s University Village.  With our current student enrollment nearing 14,000 and our more than 1,000 employees, FGCU and the University Village will enjoy important synergies through our proximity and mutual interests.”  

            Antonier said, “Our experience in developing award-winning properties can benefit FGCU as it grows and we look forward to working together to make FGCU the top university in the state.” University Village will be located east of Ben Hill Griffin Parkway at the intersection with Estero Parkway.  Miromar anticipates breaking ground for development of its University Village in the fall of 2013. 

            Miromar Development, headquartered in Estero, Florida is a multi-faceted real estate development company with a portfolio of residential and commercial properties including Miromar Outlets, Miromar Design Center Miromar Lakes Beach & Golf Club, awarded #1 Community in the United States by the National Association of Home Builders.  Visit Miromar.com.