Persaud Wants 24 Hotel Units in Times Square

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Times Square property owner Terry Persaud has submitted a pre-application to build 24 hotel units on .5 acres of property he owns in Times Square. Currently the Times Square area is zoned for Restaurant & Retail.

A pre-application is a request to meet with town staff to get feedback on whether a proposal fits into the town’s rules and codes. Persaud is asking town staff for feedback on height, density, flood plain requirements, F.A.R. and variances. By right, any property owner in Times Square can now build 3 floors high.

It’s no secret Persaud wants to build hotel units in the Times Square area to help recoup some of the investment he’s made in that area. In addition to owning the former Sunset Grill property along with the adjoining parking lot, Persaud also purchased the Dairy Queen lot on the other end of Times Square.

The pre-application Persaud submitted is for the design and build of 24 hotel units at 1028 and 1046 Estero Boulevard, which is the Sunset Grill area.

Unlike all of the other major proposals on Fort Myers Beach (Moss Marina, London Bay, The Neptune, Myerside) where public meetings were held seeking community input, Persaud and his fellow Times Square committee members have been very secretive so far about what they propose to build in Times Square. The only official picture we’ve been able to share with you is this one picture that was sent around to a few council members without any explanation.

If we get details on the meeting between Persaud and his staff we will pass them along.

NOTE: An earlier version of our story stated that the Chamber also received a picture of the Times Square rendering. That was incorrect, the Chamber did not receive a copy of the picture.

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