CLASS A APARTMENT COMMUNITY BREAKS GROUND IN FORT MYERS

FORT MYERS, FLA. — Developer Aileron Investment Management and general contractor Brooks & Freund have started construction on Channelside, a 325-unit, Class A apartment community in Fort Myers. The property will feature one-, two- and three-bedroom units with each unit offering granite countertops, 42-inch wood cabinets and ceiling heights exceeding nine feet. The community will feature a fitness center, lounge, internet café and game room, resort-style swimming pool, covered outdoor lounge and a dog park. The project is a joint venture partnership between Aileron Capital Management LLC, acting as developer and investor, and Atlantic American Partners as the primary limited partner. The design team includes architects PDS Architecture and Atlas Engineering & Design. The project, which is the first new large-scale apartment development in Fort Myers since 2006, is scheduled for an August 2015 completion.