A new high-rise could be coming to Vanderbilt Beach, this one proposing to develop 300 upscale condos at the northeast corner of Gulf Shore Drive and Vanderbilt Beach Road. Currently, plans call for taking down some current buildings at the site, constructed in the 1970s and 1980s, and replacing them with One Naples.
A project of Stock Development, One Naples calls for three condo developments, including an 18-story, residential high-rise topping three parking levels. The larger plan also includes the design of low-rise condos and some five-story condos overlooking Vanderbilt Lagoon.
This in addition to dozens of private marina slips on Vanderbilt Lagoon plus retail space. The project also calls for some public parking spaces along Gulf Shore Boulevard and Vanderbilt Beach Road. Proposed resort-style amenities of One Naples range from rooftop swimming pools and private cabanas to a fitness center, fire pits and green space. As well, Vanderbilt Beach sits mere steps away from the homes.
To make room for One Naples, however, some existing business will have to be removed, and some public roads will have to be changed over to private ones. Plans also call for adding in new sidewalks and landscaping to help make the area more attractive.
Even with these additions, some in the nearby community are not quite sold on the idea of the large development just yet. There are some concerns about the height of the high-rise and future parking issues. Proponents, meanwhile, maintain the tower will fit in with other taller buildings in the area, and that current zoning allowed at the site could actually translate into more traffic and a much broader development that the one proposed for One Naples.
For now, Stock Development is banking on constructing One Naples in phases, and beginning pre-sales for the development in 2019. Current expectations are for the high-rise to take about two-years for construction, with about 16-months of construction time for the mid-rise buildings and about a year for the low-rise units.