Key Facts
KEY FACTS
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KEY FINDINGS
Midtown at Bonita provides an excellent opportunity for future retailers to capture upon current and future population growth throughout Southwest Florida. Zonda, a leading provider of new construction housing data, completed an analysis of the expected future population growth within a 15-minute drive time of Midtown at Bonita.
- According to leading data-provider ESRI, the current population within a 15-minute drive time of the Subject is 190,457. Given expected future development, the population within a 15-minute drive time of Midtown Bonita is estimated to reach 210,620 by 2027. Additionally, it is highly likely that additional projects will be approved over the next several years where open land is available.
- If the expected annual population growth rate of 2.04% is applied, the future population within a 15-minute drive of Midtown Bonita will reach nearly 233,000 people by 2032. Midtown Bonita benefits from a prime location off I-75 and will be able to service a large amount of the expected future population growth over the next ten years.
