• Who is the developer of the project?

Vanderbilt Holdings Naples, LLC, an affiliate of Stock Development, is the developer of the project. Stock Development is one of the most dynamic and innovative development companies in Southwest Florida. With more than seven decades of building experience, the Stock family name has long been synonymous with quality real estate. Under the leadership of Chairman K.C. Stock and CEO Brian Stock, what began as a development and construction company has grown to include a range of related businesses and services that enhance the lives of its customers. Today, the company remains committed to the tradition of excellence that has shaped it from the beginning and is proud to be celebrating over fifteen years in Southwest Florida.

Throughout Southwest Florida, you’ll find celebrated communities that bear the distinctive brand of Stock Development. Superb craftsmanship, innovative design and vibrant amenities are the hallmarks of Grandézza in Estero, Lely Resort, Quail West, Olde Cypress, Secoya Reserve and Black Bear Ridge in Naples, Hidden Harbor and Paseo in Fort Myers. Stock Signature Homes, the company’s homebuilding division is an established Preferred Builder in the distinctive communities of Quail West, TwinEagles, Fiddler’s Creek, Esplanade Golf and Country Club of Naples, Renaissance and Bonita Bay. Stock is also building furnished model residences in luxury neighborhoods in Naples including Park Shore, Moorings, Pine Ridge, Estuary at Grey Oaks, and Olde Naples and recently announced its expansion to Sarasota. Since its establishment more than a decade ago, Stock has been honored with over 500 awards for its outstanding communities, product design, amenities, marketing and overall quality.

Recent notable awards include the BUILDER 100, BUILDER magazine’s list of top 100 builders in the United States (2012, 2013, 2014 and 2015), Entrepreneur of the Year (2013) and Collier County Builder of the Year (2009, 2013 and 2016). The company has also received Community of the Year, Builder of the Year and Developer of the Year honors for consecutive years, as well as numerous other awards from many, regional, and national organizations.

• What will the project consist of?

One Naples is planned for a total of 300 residential units featuring a variety of unit types and price points, including 18-stories of residential living over 3 stories of parking, low rise condominium units on Vanderbilt Beach/Gulf Shore Drive, and 5-story condominium units overlooking Vanderbilt Lagoon. The project will also feature a 75 slip marina on Vanderbilt Lagoon.

• Why is the developer requesting a zoning amendment?

The developer is requesting a zoning amendment in order to execute the highest and best uses for the property. The current zoning allows for intense commercial development with approved density comparable to Mercato or Venetian Village. This type of intense commercial development would only draw more traffic on Vanderbilt Beach Road. Alternatively, the proposed residential plan of development will produce less traffic relative to the commercial and the luxury residential condominiums will be a complement to the community.

• How does the traffic compare to what is currently approved?

Based on the existing C-3 base zoning, the developer could build approximately 175,000 SF of commercial without requesting a zoning amendment. The proposed project will generate 55% less trips than the potential commercial land use entitlements.

• Is there currently enough capacity of Vanderbilt Beach Road?

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 (AUIR), there is currently 490 PM peak hour peak direction trips available. Based on the project’s current density and schedule of uses, the project is projected to generate 140 PM peak hour peak direction trips. Therefore, there is sufficient capacity available to support the project.

• What is the current zoning of the property?

Based on Collier County’s Land Development Code (LDC), the property is currently zoned Commercial Intermediate District (C-3). The purpose and intent of the commercial intermediate district (C-3) is to provide for a wider variety of goods and services intended for areas expected to receive a higher degree of automobile traffic. The application that will be submitted by the developer would change the zoning to Mixed Use Planned Development (MPUD) to accommodate the design of the proposed project.

• What could be built under the existing zoning?

The existing zoning on the property is C-3 commercial based on Collier County’s Land Development Code (LDC). This district is also intended to allow all of the uses permitted in the C-1 and C-2 zoning districts typically aggregated in planned shopping centers. Some of the approved uses in these categories include:

  • Shopping Centers
  • Retail
  • Office
  • Gas stations
  • Bars
  • Drug Stores
  • Movie Theaters

A full list of uses can be found at www.municode.com.

• How many acres is the project?

Approximately 7 acres.

• Which properties will be included in the project?

The project will include all properties on the northeast corner of Vanderbilt Beach Road and Gulf Shore Drive, with the exception of Barefoot Pelican, DaRuMa, Vanderbilt Palms, and Buzz’s Lighthouse Restaurant & The Lighthouse Inn.

• When will the project be developed?

The timing of the project will be based on a variety of factors. The Collier County Growth Management Plan (GMP) Amendment and Planned Unit Development (PUD) application process will take approximately 9-12 months to complete. Once approved, the project will then be built in phases and based on pre-sale requirements. Based on these factors, the developer anticipates beginning pre-sales in 2019.

• Will there be any commercial included with the project?

The developer is requesting a total of 25,000 SF of commercial square footage with their application. The retail is currently planned to include Southbay Realty real estate office, a new coffee shop, deli, and restaurant.

• What are you knocking down?

In order to execute the vision of the One Naples, the developer intends to remove all existing structures on the property, most of which are more than 30 years old. Neither the Beach Box nor Beach Store are planned to remain as part of One Naples. However, both will continue to remain in operation temporarily until One Naples is prepared to start construction. The DaRuMa Restaurant will remain.

• How tall are surrounding buildings?

The Ritz Carlton 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. This project, which is 18-stories of residential living over 3 stories of parking, is consistent with the surrounding luxury condominiums.

• What amenities will be included with the project?

The project will feature a variety of on-site amenities including resort style pool, fitness center, fire pits, rooftop pools and greenspace, private cabanas, and private access controlled parking.

• How long will it take to build the project?

The construction duration will vary by building type. The condo tower is expected to take approximately 24 months to build, mid-rise buildings 16 months, and the low-rise buildings 12 months.

• Will the marina be public?

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.

• Will Vanderbilt Beach Road be expanded?

Collier County currently has no plans to expand Vanderbilt Beach Road from US-41 to Gulf Shore Drive.

• Will the roads continue to be public?

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.

• Who will maintain the roads?

The developer will create a new Home Owners Association (HOA) for the project which will own and maintain all roads, sidewalks, and landscaping within the project.

• Will there be new sidewalks?

Yes. The developer is proposing adding several new sidewalks throughout the project, providing additional pedestrian connectivity to Vanderbilt Beach and Gulf Shore Drive.

• Will any part of the building be public?

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

• What’s next?

At this time, we are redefining the One Naples project to provide more detailed answers to questions and updated visuals that aim to enhance the community’s understanding of the vision for stunning residences at One Naples. The estimated timing for submittal of the One Naples application to Collier County is not yet determined as we continue to gather feedback from the community. We look forward to expanding Stock Development’s tradition of excellence in quality real estate with the world-class residences at One Naples, and we will continue to update residents as more information becomes available.

For additional information please email info@onenaplesliving.com.