Riverside Realty Group
2053 W. First St.
Fort Myers, FL 33901
Phone: 239-313-5544

Info@RiversideFL.com

Bedrooms
Baths
Min Price
Max Price

DON'T MISS A NEW LISTING AGAIN!
Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Blog: Real Estate

Lake Okeechobee reservoir bill becomes law

 It's the law: Build a reservoir south of Lake Okeechobee to curb disastrous discharges to the St. Lucie River.

 Last week Gov. Rick Scott on Tuesday signed Senate Bill 10, the legislation authorizing a significant increase in water stored south of Lake Okeechobee to further the goal of reducing and eventually eliminating harmful discharges from the lake.

The reservoir was Senate President Joe Negron's top priority during the Florida Legislature's session that ended Monday.

"After 20 years of talking, southern storage is finally becoming a reality," Negron, a Republican from Stuart, said Tuesday in a news release. "We are well on our way to putting the harmful discharges from Lake Okeechobee into the pages of history, instead of the front pages of daily newspapers."

The shovels aren't coming out right away: The legislation calls for the state and the Army Corps of Engineers to each pitch in $800 million to build the 78.2 billion-gallon reservoir. So Congress has to authorize it, and President Donald Trump has to add his signature, as well.

Smaller, deeper

The reservoir is two-thirds the size of the 117.3 billion-gallon project Negron originally sought, but farmers south of the lake and members of the state House of Representatives recoiled at his plan to buy 60,000 acres of farmland south of the lake.

The larger reservoir, combined with other water control projects already in the pipeline, was estimated to reduce annual average Lake O discharges east and west by about 90 percent. The smaller, deeper reservoir to be built on state-owned land, along with the other projects, is estimated to reduce discharges by up to 60 percent.

The project's size can be increased by possible land swaps and purchases. SB 10 prohibits the use of eminent domain. It also provides grants to establish training programs for agricultural workers.

"I look forward to the work ahead as we continue to work with Governor Scott and our federal partners to expedite the planning and construction of this critical project," Negron said in his statement. "Together, we will end the plague of toxic blue-green algae that harms the health of our citizens and destroys our environment and our economy, once and for all."

Timetable

After years of stops and starts, the bill puts the reservoir project on a speedy pace. By July 1, the South Florida Water Management District is supposed to ask the Corps to jointly develop what's known as a "post-authorization change report" to revise plans on the A-2 site where the reservoir is to be built.

If the Corps agrees, work on the report is supposed to start by Aug. 1. Congress has to approve the report by Dec. 1, 2019, or the A-2 parcel will revert to its earlier use and the state will have to look for another place to build the reservoir.

U.S. Rep. Brian Mast, a Palm City Republican, has said he'll introduce legislation Thursday he's calling the Everglades FIRST Act – it stands for Flow Increases Rely on Storage and Treatment – directing the to expedite work on reports needed for the reservoir and other projects to increase water storage around Lake O.

New Listing 1331 Morningside Dr.

Wonderful move in ready home on the river side of McGregor. Updated kitchen with loads of counter space and a fantastic farm house sink. The home also features updated baths & fixtures and has plenty of storage! The backyard is quite spacious and is completely fenced with wonderful plantings all around and a poured concrete patio which is great for entertaining. Tile throughout & wonderful open floor plan make this home a must see. Please make your appointment today


This home is featured in the McGregor Neighborhood Open House April 23,2017 from 1pm - 4 pm McGregor-Homes.com

 

Florida Still ranks up in the top 20 for investment properties.

Florida holds on: Four cities in the Sunshine State made the list, the most of any state, and all are in the top 10. There’s Jacksonville at no. 2, Orlando at no. 3, West Palm Beach at no. 5 and Tampa at no. 7. Winzer says that Florida’s continued strength is the biggest surprise of the list. (Last year seven Florida cities made the cut.)  Florida was the poster child for financial crisis devastation. As recently as 2015 seven markets in the state were undervalued by more than 20%. But builder constraint and job growth has boosted the value of existing homes.

 

Courtesy of Forbes January 2017

The Shell Factory is great for the family this Holiday Season

The Shell Factory  has been here since I was a kid.   We have had family birthday parties here.  We have enjoyed the Nature Park ,The Fun Park, and even attended a wedding one time.  There are many other things here to do.

   There website boast. "Yes, we have lots of shells, but we also have a Nature Park, Botanical Gardens, Eco Lab, Fun Park with Bumper Boats, Paddle Boats, Game Room & the Soaring Eagle Zipline, a huge retail store with FOUR FREE Museums, restaurants, outdoor dining & bars AND we are Pet Friendly except in the Nature Park and inside Capt'n Fishbones!"