How can an Illinois baseball team help Naples, Florida real estate?
Maybe the Chicago Cubs are interested in Naples Florida. Maybe they are simply trying to get a better deal in Mesa Arizona. Regardless of their motivation, it is a rumor worth exploring. If the Chicago Cubs left Arizona to move their Spring Training operations to Naples Florida, the city and surrounding areas would experience tremendous benefits. The club brings almost $50M a year to its current local economy in AZ. Since Naples has many amenities to offer, is already suited to handle tourism with a huge rental market and white sandy beaches, the club could bring even more than $50M to Naples. Chicago Cubs executives visited Naples earlier this month and met with Naples City and Redevelopment officials.
Winning this contract, which would likely be for up to or exceed 30 years, is like bidding for the Olympics. Naples sells itself, but it would certainly take a lot of negotiating to work out out the money. Also, Naples would need to get to work on zoning changes to free up some possible sites. The Cubs would demand a new park, satellite practice fields, facilities and of course, parking.
Naples FL home sales have jumped in the last year. This move would have a direct influence on future Naples real estate sales. Naples residents are torn on the move. Some openly accept the possibility and hope while others do not want the development, construction headaches, additional traffic and influx of people. The optimists argue for the benefits this move would have on local businesses, jobs and stabilization of the real estate market.
Since the downtown area is mostly developed, a possible location could be in the East Naples area, which has much undeveloped land and is in need of something like this to spark redevelopment and pump some money into the local small businesses.
Tim Ryan, http://www.naplesguru.com – Naples Real Estate, Naples MLS Search
#1 Naples Buyers Agent, #1 Naples Foreclosures
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