LSI Companies is pleased to present 2401 Bay Street – A Fully Entitled, Shovel-Ready Multifamily Development Opportunity. 2401 Bay Street offers a rare opportunity to acquire a fully entitled, shovel-ready site in the heart of Downtown Fort Myers’ Historic River District. Approved for 98 luxury multifamily units, this 12-story development, known as The Irving Downtown, is set to become the next premier residential project in one of Southwest Florida’s most rapidly evolving urban corridors. The project seamlessly blends modern architecture with historic charm, integrating high-end amenities, waterfront views, and a walkable downtown lifestyle. With full approvals in place and $11 million in Tax Increment Financing (TIF) from the Fort Myers Community Redevelopment Agency (CRA), construction can commence immediately, providing investors and developers with a unique opportunity to participate in the continued growth and transformation of Fort Myers.