(Carl Cronan is editor of RealEstateFlorida.)

PUNTA GORDA, FL-The Wilder Companies has received approval fromCharlotte County officials for its planned $475-million mixed-usedevelopment here. The two-million-sf project, now renamed the GreatLoop-Southwest Florida, this week received approval from countycommissioners as a development of regional impact (DRI).

Tom Wilder, a principal of the Boston-based company, tellsGlobeSt.com that the project, while getting a warm reception fromcity and county residents, took some time to work through theprocess because of its size. The 200-acre site on Jones Loop Roadis convenient to both Interstate 75 and US 41, also known as theTamiami Trail, and will likely attract more traffic to the area asthe project is developed over the next five years.

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