Toll Brothers acquires 2K acres

National builder pays $108M for parcel

More than 2,000 acres of land surrounding the Florida Sports Park has fallen into the hands of a nationally known luxury home builder at a price of nearly $108 million, making the sale the fourth most expensive land purchase in Collier County history.

According to official records, concept site plans include large commercial and residential developments, as well as 100 acres set aside for a college.

Land around Florida Sports Park sold for $108M [Naples Daily News]