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All Forum Posts by: Kristi Kandel

Kristi Kandel has started 49 posts and replied 357 times.

Post: New concept input? SWFL - Multi-Sport, Wellness & Entertainment Complex

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 380
  • Votes 195

Multi-Sport, Wellness & Entertainment Complex
Tagline: Active fun. Local flavor. Year-round community.

Vision

We are introducing a multi-sport, wellness, and entertainment complex designed to become a year-round hub for activity, connection, and community in Southwest Florida. Unlike typical 'eatertainment' venues or sports bars, this concept puts wellness, family, and active living at the center—complemented (not driven) by food, beverage, and social programming.

Core Features

Sports & Activity Zones

Indoor pickleball courts (climate controlled, 4–6 courts)

Indoor/outdoor beach volleyball courts (convertible for basketball/futsal)

Golf simulators & mini bowling lanes

Trampoline park + gymnastics/karate zone for kids/teens

Wellness & Recovery

Yoga, Pilates, meditation, & HIIT studios

Sauna, cold plunge, cryotherapy

Stretch Lab–style recovery center (guided stretching sessions, memberships, group classes)

Waterfall garden + relaxation space away from active sports areas

Family & Community

Dog park with outdoor games + beer garden/shaded seating

Running/walking trail with landscaped connections

On-site trolley to connect 10 acres of amenities

Signature lazy river wrapping the property

Entertainment

Live music stage (concerts, DJs, open mics, festivals)

Event lawn for community markets, tournaments, and seasonal activations

Food & Beverage

Food hall with rotating local chef pods (entrepreneurship focus)

Morning coffee, juice, and healthy breakfast service tied to wellness classes

Liquor license for controlled, property-wide sales (alcohol as complement, not driver)

Programming & Activation

A 7-day calendar ensures consistent traffic and appeal across demographics:

- Mornings: wellness classes + healthy breakfast service

- Afternoons: after-school clinics + corporate team sessions

- Evenings: leagues, trivia, karaoke, esports, family game nights, markets

- Late nights (weekends): concerts, DJ sets, festivals, after-hours crowd

Revenue Streams

Court & bay rentals

Memberships & leagues

Food & beverage sales (partnership rev share)

Wellness services (stretch lab sessions, day passes, memberships)

Events (concerts, markets, corporate rentals)

Sponsorships & naming rights

Trampoline/fitness zone admissions

Target Market

Primary: Adults 25–50 seeking active, social recreation with wellness focus

Secondary: Families, sports leagues, and corporate groups during daytime/weekends

Tertiary: Tourism and visitor spillover from SWFL’s growing destination market

Differentiators

Wellness + family integration (unique for this type of complex)

Signature lazy river as both a wellness and entertainment attraction

Local food entrepreneurship via rotating vendors

Year-round activation calendar to ensure constant use

Alcohol as complement—not driver—to active recreation

Climate-controlled indoor facilities for consistent play

Phasing the Build

Phase 1: Core sports courts, food hall, bar, family/kids activity zone, and event lawn

Phase 2: Wellness + recovery center, simulators, bowling, dog park/beer garden

Phase 3: Lazy river, trolley service, expanded outdoor landscape, and concerts

Potential Challenges to Solve Early

Zoning & Permitting: Mixed-use recreation, wellness, and entertainment will require layered approvals (PD recommended)Site Selection: Large footprint and 200–300 parking spaces required; access is critical

Capital Requirements: Likely $10M+ at full scale; partnerships or phased funding may be needed

Operations: Complex amenity mix requires strong GM and specialized team leads

Land Needs

Phase 1 – Core Sports & Food Hub:

- Indoor pickleball courts: 20,000–30,000 sq ft (~0.5–0.7 acres)

- Beach volleyball courts: 12,000–18,000 sq ft (~0.3–0.4 acres)

- Bar & rotating kitchen hall: 8,000–10,000 sq ft (~0.2 acres)

- Parking: 150–200 cars (~1.5–2 acres)Total: ~3–4 acres

Phase 2 – Entertainment & Wellness Expansion:

- Golf simulator lounge + mini bowling: 8,000–12,000 sq ft (~0.2 acres)

- Yoga/sauna/wellness center: 5,000–8,000 sq ft (~0.1–0.2 acres)

- Event lawn/live music: ~0.5 acres- 

Additional parking: 0.5–1 acre

Cumulative Total: ~4.5–6 acres

Phase 3 – Signature Lazy River & Enhancements:

- Lazy river: 20–30 ft width x 1,000–1,500 ft (~0.75–1 acre water + deck, ~1.5 acres total)

- Expanded courts/event space: ~0.5–1 acre

- Landscaped greenbelt areas: ~0.5 acres

Cumulative Total: ~7–8.5 acres minimum

Why target 10+ acres: Provides buffer zones, future growth space, and avoids maxing out footprint too early.

Zoning & Entitlement Path

This project spans several land use categories, so a Planned Development (PD/PUD) overlay is the cleanest path. It integrates recreation, wellness, food/beverage, and entertainment into a unified master plan.

Collier County:  

Commercial (C-4 / C-5 equivalent) or parcels with Commercial/Mixed Use in the FLUM are natural fits. A PUD overlay ensures all uses—wellness, food hall, entertainment, and family recreation—are approved together.

Lee County (per LDC guidance):

  • Sports courts, golf simulators, mini bowling → Recreation Facilities Group IV (LDC 34-622)
  • Yoga, wellness, recovery → Personal Services Group II (LDC 34-622)
  • Live music & event lawn → Parks Group II (LDC 34-622)
  • Food hall → Restaurant Group III (LDC 34-622)
  • Lazy river & water features → Recreation Group III (LDC 34-622)
  • Parking & circulation → LDC 34-2020
  • Because these uses don’t align in one zoning district, a PD is the recommended entitlement vehicle.

In short: A PD/PUD overlay is the key to bringing this vision together. It provides design flexibility, sets clear conditions for wellness, recreation, and entertainment, and ensures county partnership in aligning with community goals.

Post: Multifamily Development Consulting: $6,000+ for Instagram Influencer Access?

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 380
  • Votes 195
Quote from @James Mays:

I recently reached out to a multifamily real estate developer I follow on Instagram. My goal was to learn more about land acquisition and development for multifamily.

The cost they quoted me for their consulting/program: $6,000+.

For context: I’m a sales manager by trade, hold an MBA, have a strong business background, and I’m an avid user of ChatGPT to solve complex business and investment challenges. While I value education and mentorship, I’m questioning whether these influencer-led consulting programs are worth the price tag.

To me, $6,000 feels steep for what could be an introductory roadmap, especially when much of the information is available in books, industry reports, and via networking with experienced investors. On the other hand, I understand the value of speed, connections, and firsthand experience.

Question for the group: Have you personally paid for high-ticket influencer-led programs in real estate? Did they truly accelerate your success, or do you feel these prices reflect more on branding than substance?

Would love to hear both success stories and cautionary tales.

@James Mays be careful who you trust with online "gurus" especially in the multi-family space. Many are starting to come full circle on deals and the endings aren't ideal. Development in general has been gatekept so while college has theory the real experience comes from doing. I personally do put a LOT of free information out there since I've been a developer for nearly 20 years and there are more than enough deals to go around. 

If you do go with this guru I'd get an exact list of deliverables that you'll get from the 6K. 

Post: Building a Duplex

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 380
  • Votes 195
Quote from @Nikki Pritchett:

Hello, I am fully interested in the development of a duplex. I'm using a single close construction loan and I need experience to chime in on this one! If you are a developer, investor or experienced with building multifamily real estate, I am looking to extract useful insight.  I am also open to building relationships or partnerships with other investors. If interested in connecting lets connect, or leave an email and I can reach out to you. If you can only answer one question it will be greatly appreciated. 

What were the biggest zoning or permitting hurdles you faced?

What's the average optimal layout and size for a duplex? 

Were there any key design decisions that helped reduce costs or boost rent potential? 

How long did the entire construction process take from permit to CO (certificate of occupancy)?

How involved were you in day to day construction oversight?

Did you experience delays with materials, labor, or inspections? 

Was the duplex appraised for what you expected once completed?

Would you build another duplex, or go bigger next time (triplex, fourplex)?

What’s one mistake you’d warn someone new about when building their first duplex?

What vendors, lenders, or consultants were game changers for you during the project?

 @Nikki Pritchett here's something you can do initially to find / vet a property. Send me a DM and I'll send you more information too. 

Desktop Due Diligence Report Checklist

  • Property Address:
  • Owner:
  • Proposed Project:
    • Brief description of project:
  • Parcel Number:
  • Property Size:
    • Square Feet (SF):
    • Acres:
  • Authority Having Jurisdiction (AHJ):
  • Zoning Code Link:
    • Zoning Designation for property:
  • Allowed Uses Link:
    • Is the proposed use an allowed use for the zoning designation?
      • Insert response:
    • Will a special use permit be required or is the use allowed by right?
      • Insert response:
  • Zoning Code Requirements:
    • Setbacks:
    • Parking:
      • Required parking spaces based on formula:
    • Max building height:
    • Allowed Density for the property:
      • Allowed units for property based on density formula:
    • Landscape requirements:
    • Stormwater requirements:
    • % Floor Area:
    • Other key zoning requirements for proposed project:
  • Summary of Findings & Impact to Proposed Project:
    • Insert response:

Post: Site due diligence checklist

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 380
  • Votes 195
Quote from @Bob Ross:

Does anyone use a due diligence checklist for determining if a site is a good buy for developing a single family or duplex home (or anything g else) Is it something you developed yourself over time or did you purchase or find one online?  How do you ensure to conduct proper due diligence when purchasing a new site?

 @Bob Ross It completely depends on the project but here's a desktop due diligence checklist that anyone can do themselves without spending money. 

Desktop Due Diligence Report Checklist

  • Property Address:
  • Owner:
  • Proposed Project:
    • Brief description of project:
  • Parcel Number:
  • Property Size:
    • Square Feet (SF):
    • Acres:
  • Authority Having Jurisdiction (AHJ):
  • Zoning Code Link:
    • Zoning Designation for property:
  • Allowed Uses Link:
    • Is the proposed use an allowed use for the zoning designation?
      • Insert response:
    • Will a special use permit be required or is the use allowed by right?
      • Insert response:
  • Zoning Code Requirements:
    • Setbacks:
    • Parking:
      • Required parking spaces based on formula:
    • Max building height:
    • Allowed Density for the property:
      • Allowed units for property based on density formula:
    • Landscape requirements:
    • Stormwater requirements:
    • % Floor Area:
    • Other key zoning requirements for proposed project:
  • Summary of Findings & Impact to Proposed Project:
    • Insert response:

Post: Investment opportunity in a PUD

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 380
  • Votes 195
Quote from @Charles Becoat:

I have a client with 200 acres in TX that I got approved for 40M including horizontal and vertical financing on 180 homes but the county wants them to pay for 180 water meters up front and the lender doesn't want to include that on the term sheet. Does anyone have any advice on raising 700K in capital for water meters? We're offering 50K at closing, 15% ROI and 1% equity in the development.

@Charles Becoat sounds like some negotiations might be a play with the county... If your client would like to have a strategy call to see if there is a way to structure the development COAs with the county and push the water meter costs down the road a little further I'm happy to discuss.  

Post: Expanding Connections Across the Capital Stack

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 380
  • Votes 195
Quote from @Rob Solomson:

I wanted to introduce myself and start making new connections!

I'm a commercial real estate investor and developer. Currently working at a family office helping to run their real estate platform and closed-end funds ($200M+).

Previous experience at Hines out of their DC office working on master planned community development, 3M SF mixed-use development, predevelopment for various other projects, and a life-science acquisition.

Prior to Hines, I worked for three years at a GP PERE shop doing acquisitions east of the Mississippi. Predominately focused on office, industrial, retail, and hospitality.

I would love to connect

Thanks!

Rob Solomson

 @Rob Solomson Hey Rob nice to meet another developer on here! I've been doing development for nearly 20 years, investing, consulting, and now teaching locals how to get into development projects in their towns. Happy to connect with others doing the same! ...and it looks like you might be a buckeye too ;) 

Post: Development in Islamorada

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 380
  • Votes 195
Quote from @Kimberly Parmelee:

How to find an investor to take over a 40 acre development in the keys? The "developer" doesn't know what he is doing and is constantly harassing us. We sold most of the property - platted already to an investor doing a 1031 and we still own part of the property (1.5 lots out of 10). We need a real developer to take over. This should be an amazing luxury development. How do we find someone?

 @Kimberly Parmelee Agreed on finding a commercial broker ideally in Islamorada or Miami who understands development and development in the keys. I help developers all the time and most don't actually know what they are doing BUT if they hire the right team members it works out. 

Post: Real Estate Development in Southern IL, with TIF incentives

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 380
  • Votes 195
Quote from @Keith Lanier:

Greetings, Ms. Kristi Kandel, just checking in with you to see if your still in the Development consulting business, and what you have going on in the middle of 2025? It has been a while since I have reached out to you, and I know life brings changes and challenges, so I won't assume anything and just checking to see what you are up to currently. Please reply to me at your convenience.... Hope all is well, make it a great day!

@Keith Lanier FYI if I'm not @ mentioned I won't see the comments based on my notification settings. 

We work with communities to obtain TIF for our projects and our students projects in towns as small as 3000 people. We are by no means the experts as that is a program the jurisdictions coordinate so if your city doesn't understand it you would need to work with them to work with neighboring communities who do so they can learn how to do it. Development is not easy or linear and you typically need to do a lot problem solving to make a deal happen. 

Post: Questions on how to sell my a 1.05 Acre outparcel in a Publix plaza

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 380
  • Votes 195
Quote from @Jesse Johnson:

Hello,



I signed up here a while ago but have never posted before.

I want to be descriptive, but not too descriptive in order to not violate the self promotion rule but I need some advice.

  Back in 2021 I bought a 1.05 Acre Out parcel that is located next to a Publix here in Palm Bay, Florida.  The community is called Bayside lakes and it is one of the nicer parts of town.  Upon finding the property, which was undervalued, I immediately listed it with CBRE.  They to agreed that I got a good deal and had appraised it at a higher value.  During the first 2 years of having the property listed with them I had a lot of interest.  Multiple people inquired, 2 were serious, and 1 put it under contract to build a Dunkin Donuts.  That person eventual backed out. My property is on the south west side of the plaza, meanwhile on the the north east side of the plaza, they have built a Starbucks, Advanced Auto, Mavis tire, and another commercial building is currently under construction.  What I had found out was that someone in the same CBRE office was involved in those deals and some of the initial parties interested decided to build over there.  I didn't really like that, and i understand that there's other factors such as ADT and certain requirements from franchises, but it kind of left a bad taste in my mouth.  So when the next listing agreement was up, I switched to have the local group that sold me the property as my broker.  Upon doing so I quickly realized that they are not really doing much to push this property, communication is a fraction of what I got from CBRE, in fact after signing the listing agreement with them, i hadn't heard anything for 4 months until i reached out.  When having the conversation about "are you sending out email blast to your client list?"  and "what strategies do you have to sell the property"  first answer was asking me to reduce the price.  The Starbucks was built on an 1 acre lot and the lot sold for $840,000.  I was asking $600,000 for my 1.05 and on the brokers request lowered the price to $575,000.  Which in my mind makes it makes it look like the value proposition is price only.  I don't like that.  Admittedly I am a novice, but I have a good real estate attorney on retainer, and have a good business skill set.  What should I do to get this property under contract?  Do I need to reach out to national vendors myself?  I feel like that's the brokers job.  Do I need to contact a land planner?  My listing agreement with the local company is up at the end of June.  Is it better to go with national brokers with a bigger list of buyers?  Any feedback would be appreciated.

couple quick details about the property

was previous purchase for $575,000 in 2009 by a company that was going to build a carwash on it.

site plan for carwash was approved by city.

Zoning is PUD, approved for commercial use as well as medical, or office.

is allowed to share the drainage and retention of the Publix plaza.

Thanks

 @Jesse Johnson Check out Beth Azor (google her). She's in South FL. 

Post: Giving Back to a Community Through Your Real Estate Development Skills

Kristi Kandel
Posted
  • Developer
  • Fort Myers Beach, FL
  • Posts 380
  • Votes 195
Quote from @Jaycee Greene:

🤝 Some of the best real estate investors don’t just flip homes or build portfolios, they re-build communities and lives.

🛠️ They take abandoned homes and turn them into safe places for families
🌱 They bring life back to neighborhoods that others wrote off
📚 They create spaces for small businesses, nonprofits, and neighborhood services.

They’re not just chasing cap rates—they’re using their development skills to give back, one property at a time.

As a former Director of Lending at a CDFI, I exclusively financed the acquisition and rehab of 2-4 MF and small apartment buildings that overlooked by local banks and credit unions.

Nearly all my clients had 1 of 3 things in common (many had all 3) that motivated them to complete their redevelopment project, they either:
1️⃣Grew up in the area,
2️⃣Still attend church nearby, and/or
3️⃣Have a family member that still lives in the neighborhood

And here’s the thing:
↩️These impact-minded investors still make a solid return, often with Equity Multiples over 3.0x. But they measure success in more than just dollars—they also measure it in lives changed, neighborhoods restored, and futures brightened.

⚡It’s proof that real estate can be more than a means of building personal wealth—it can be a catalyst for an entire community.

📣Do you know a developer who’s making a difference in their community? Share their story below.

 @Jaycee Greene exactly that. Those are the stories we spotlight on our podcast Local Real Estate Developers. They are longer holds in smaller communities but the impact and purpose are the driving factors instead of profit only. Then the locals watching step up and start taking on other projects and the ones with capital reach out to the people doing the things and help with the equity on the deals. It's awesome to watch and sharing the stories helps to inspire locals in other communities to do it too. Main Street > Wall Street. 

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