2017-05-18 / Top News

Stock Development unveils plans for One Naples off Vanderbilt Drive

BY LINDSEY NESMITH

This rendering by Stock Development shows the proposed One Naples project on the northeast corner of Vanderbilt Drive and Gulfshore Boulevard North. The U-shaped building on the other side of the drive is The Ritz-Carlton Beach Resort.This rendering by Stock Development shows the proposed One Naples project on the northeast corner of Vanderbilt Drive and Gulfshore Boulevard North. The U-shaped building on the other side of the drive is The Ritz-Carlton Beach Resort.
Stock Development has announced plans for its affiliate, Vanderbilt Holdings Naples, to develop One Naples on the northeast corner of Vanderbilt Drive and Gulfshore Boulevard North. Currently occupied by businesses including Beach Box Café and 7-Eleven, the plot could someday house three condominium buildings, including a 19-story high rise with the top three floors for public parking, and a private 75-slip marina on Vanderbilt Lagoon.

The completed project will boast 300 residential units, 25,000 square feet of retail space to house a coffee shop, realty office, restaurant and deli, and new sidewalks and landscaping.

Most of the current businesses — excluding Da Ru Ma, Barefoot Pelican, Vanderbilt Palms, Buzz’s Lighthouse Restaurant & Lighthouse Inn — will be removed to make way for One Naples. . Roads that are currently public — like Southbay Drive, Gulfshore Court and a portion of Center Street — will revert to private ownership to be maintained by the future One Naples homeowners association.


A rendering of One Naples from an aerial perspective. A rendering of One Naples from an aerial perspective. “We just felt it was a great opportunity to take a great piece of property and mass it all together and bring a great project to the community,” said Claudine Leger-Wetzel, Stock Development’s vice-president of sales and marketing. “We think a project such as this will enhance entire region and add better use to the site that is more aesthetically pleasing to community.”

The area’s current C-3 zoning designation allows for a higher degree of commercial development than One Naples would have. Stock is seeking a zoning amendment from Collier County to change the block to a mixed-use designation that allows residences and amenities such as pools, cabanas, fire pits and a fitness center.


A rendering of One Naples looking south toward The Ritz-Carlton Beach Resort. A rendering of One Naples looking south toward The Ritz-Carlton Beach Resort. “C-3 is for pretty intense commercial, and we didn’t feel that intense commercial would fit in with character of Vanderbilt Beach. As an alternative, we feel a high-end luxury project is a much better fit for the community,” said Keith Gelder, vice president of land development. “Part of our application includes a request to vacate the public right of ways to decrease the amount of maintenance and operation amendments to the county and to allow us to execute enhancements like sidewalks, landscaping and things that give public benefits to the project.”

Stock Development anticipates that once it receives approval for the zoning amendment, One Naples will be built in phases with pre-sales starting in 2019.

For more information about the scope of the project and projected impacts on the community, visit www.onenaplesliving.com or send an email to info@onenaplesliving.com. ¦

Frequently asked questions

Here are some of the questions Stock Development addresses at the One Naples website, www.onenaplesliving.com:

Q: How tall are surrounding buildings?

A: The Ritz-Carlton Beach Resort is 13 stories. Trieste at Bay Colony is 19 stories over one story of parking. The Remington at Bay Colony is 21 stories over one story of parking. One Naples will be 18 stories over three stories of parking.

Q: Will public parking be provided?

A: Yes. The project includes public parking spaces on Vanderbilt Beach Road and Gulf Shore Drive.

Q: How long will it take to build the project?

A: The condo tower is expected to take approximately 24 months to build, mid-rise buildings 16 months and the low-rise buildings 12 months.

Q: Will the marina be public?

A: The marina will continue to offer fueling facilities and a small marina store accessible to the public. The slips will be private with the exception of transient docking for use of the marina.

Q: Is there currently enough capacity of Vanderbilt Beach Road?

A: Yes. Part of Collier County’s annual transportation review includes an analysis of available capacity. Based on the Collier County Transportation’s Annual Update & Inventory Report, there are currently 298 PM peak hour trips available. Based on the project’s current density and schedule of uses, the project is projected to generate 140 PM peak hour trips.

Q: Will Vanderbilt Beach Road be expanded?

A: Collier County currently has no plans to expand Vanderbilt Beach Road from U.S. 41 to Gulf Shore Drive.

Q: Will the roads continue to be public?

A: In connection with the developer’s application, Southbay Drive, Gulfshore Court and a portion of Center Street are proposed to be vacated and revert to private ownership and maintenance.

Q: Will any part of the building be public?

A: The new Southbay Realty, coffee shop, deli and proposed restaurant will be open to the public.

Q: What’s next?

A: One Naples will continue to update its website as more information becomes available.

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