Seagate Development Group has purchased the Bell Boulevard Mine, a 502-acre fill sand and rock mining operation on State Road 82 in Fort Myers, for $15.3 million.

The site consisting of six million tons of import fill and 21 million tons of base rock, will be mined by Earth Tech Enterprises beginning in June. Once all material is sold, Seagate plans to develop this property.

“We look forward to the opportunity to continue our company’s mission of changing landscapes in Southwest Florida. To think that a property that people may not have given much thought could one day become someone’s place of work or home is nothing short of exciting,” said James Nulf, Jr., Chief Operating Officer & Partner of Seagate Development Group, in a prepared statement.

LSI Companies, Inc. represented the buyer and seller in this transaction.

“With purchases like this, it’s clear that Seagate has their eye on the future and primary growth corridors in Lee County,” said Justin Thibaut, President and CEO of LSI Companies in a release. “This was a very strategic acquisition, and we’re pleased to have had the opportunity to work with such a sophisticated buyer and seller in what was a very seamless transaction. I anticipate big things from Seagate on this property and look forward to what unfolds.”

Seagate is a building-development company that’s known for residential developments including Talis Park in Naples and Esplanade Lake Club in Fort Myers. Most recently, Taylor Morrison chose Seagate to be its custom home builder at the Esplanade Lake Club, located on Alico Road, east of Treeline Avenue in Fort Myers.

While the exact future plans still remain unknown for the Bell Mine, community leaders anticipate big things from Seagate on this property and the future and primary growth of the State Road 82 corridor. The 82 corridor is an important bloodline to Lehigh Acres and nearby communities.