Naples, FL, — May 21, 2025 – Barron Collier Companies (BCC) and CAPREIT have partnered to bring Imperial 41, a mixed-use development, to downtown Bonita Springs. The much-anticipated project promises to bring residential opportunities, dynamic commercial space and vibrant public spaces to a property that has been vacant for two decades.
Located on the Imperial River, Imperial 41 will include 120 modern apartment homes and 19,000 square feet of commercial space that will span between two distinct buildings. The north building will be fully residential while the south building will offer first floor commercial spaces and residential units above.
“We worked closely with the City of Bonita Springs to design a development that complements and enhances the community,” said Blake Gable, CEO of BCC. “Imperial 41 will enhance the downtown area’s livability, walkability and access to public amenities. It’s a very exciting project for Bonita Springs.”
Designed by RG Architects, Imperial 41 will offer engaging community spaces for the public to enjoy including:
- Two designated public parks
- Public restrooms
- Public bike racks
- Public fire pit
- Public parking
- Public kayak dock on the Imperial River
Construction on the seawall has already begun. Construction of the buildings is expected to begin fall of 2025 and completion is expected in early 2027. BCC will oversee the commercial leasing, while CAPREIT will manage residential operations.
For commercial leasing opportunities, contact:
Kelly Kennedy, Director of Commercial Leasing
Phone: 239.262.2600
Email: [email protected]
ABOUT BARRON COLLIER COMPANIES
Barron Collier Companies is one of the largest diversified companies in Florida dedicated to the responsible development, management, and stewardship of numerous landholdings. Led by the Collier family, with roots tracing back one hundred years to Collier County, founder Barron G. Collier, Barron Collier Companies pursues its vision for Southwest Florida with successful enterprises in several areas including agriculture, land development and mineral management. For more information, please visit www.barroncollier.com or call 239-262-2600. Please visit www.barroncollier.com to learn more about Barron Collier Companies project portfolio.
ABOUT CAPREIT
As one of the nation’s leading housing companies since its inception in 1993, CAPREIT has been involved in more than 200 multifamily communities, representing more than 40,000 rental homes housing more than 100,000 residents. CAPREIT focuses on the implementation of a savvy acquisition strategy, innovative financial structures, and a professional property management style based on resident satisfaction and retention, as well as asset preservation and enhancement. Today, CAPREIT maintains its mission to create value-added growth through strategic acquisitions, continuing to capitalize on multifamily housing opportunities. The company currently owns and/or manages approximately 12,000 apartment units in over 20 U.S. states and is actively seeking to grow its multifamily footprint throughout the continental United States.
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