Trust for Public Lands Advances BERT Corridor Purchase
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Description
Trust for Public Lands is coordinating acquisition of the Phase 1 right-of-way (11.4 miles) for the Bonita Estero Rail Trail at a renegotiated price of $60 million, with an expected closing date in October 2026.
Contract Details
Contract Amount
$60 million (Phase 1 acquisition)
Vendor
TRUST FOR PUBLIC LANDS
Agency
Collier MPO, FL
Contract Type
OTHER
Document Date
March 24, 2026
Contract Term
Through October 2026 (projected closing date for acquisition)
Renewal Date
2026-10-31
Renewal Info
Phase 1 closing renegotiated to October 2026; future phases under discussion.
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