Murdoch Village

Business Observer, 01-17-20

Long-stalled Murdock Village to Get New Life as Westport

Kevin McQuaid | Business Observer – The planned Murdock Village in Charlotte County languished for nearly two decades as other communities in Southwest Florida – most namely Babcock Ranch, whose inception in Charlotte came around the same time – shook off the last decade’s devastating recession and flourished.

But now, one of the area’s most prolific land investors and a West Palm Beach-based developer and homebuilder are breathing new life into the long-stalled master-planned community.

Kolter Group’s land development division intends to oversee construction of more than 1,000 new homes and 300 apartments in the newly renamed Westport project, after buying 394 acres from Fort Myers-based Private Equity Group last summer.

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