Spaulding Point DevelopmentSpaulding Point Development

Project Description

Project: Artesia was a residential master plan which included a resort style amenity located close to the corner of SR 951 and US 41 in Naples.

Involvement: Assisted WCI* with the completion and settlement of both underground and paving design related issues in order to finalize and complete Phase I of construction.  Managed the asset through bankruptcy and during the period of construction pause post-bankruptcy.  Assisted WCI in the disposition of Artesia in 2009 as a part of the strategic plan of reorganization allowing WCI to meet its $300M debt obligations within the first 12 months of emergence.

Size: 725 residential units

*Danville Leadbetter was an employee of WCI Communities from 2007-2012.

Project Detail

  • Residential
  • WCI, Communities
  • Naples, FL

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