Partners Break Ground on Imperial 41

Barron Collier Companies (BCC) and CAPREIT have partnered to bring Imperial 41, a mixed-use development, to downtown Bonita Springs. The project will bring residential opportunities, dynamic commercial space and vibrant public spaces to a property that has been vacant for two decades. The project is a unique public-private partnership (PPP) with the City of Bonita Springs.

Imperial 41 includes two buildings and spans the Imperial River. The development will feature 120 modern apartment homes and 19,000sf of commercial space. The north building will be fully residential while the south building will offer first floor commercial spaces with residential units and resident amenities above. Designed by RG Architects, Imperial 41 will offer several public amenities, including two designated parks, restrooms, bike racks, a fire pit and parking.

BCC will oversee the commercial leasing, while CAPREIT will manage residential operations. Construction is scheduled to begin in early 2026 and be completed in 2027. Residential leasing by CAPREIT will begin in late 2027.

Barron Collier Companies is one of the largest diversified companies in Florida dedicated to the responsible development, management and stewardship of numerous landholdings. Barron Collier Companies pursues its vision for Southwest Florida with enterprises in agriculture, land development. For more information, visit BarronCollier.com.

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. To learn more, visit CAPREIT.com.