The state of Florida has entered into an option agreement to purchase approximately 5,804 acres of land from Alico, Inc.’s Alico Ranch for approximately $14.6 million under the Florida Forever program.
“The 5,804-acre parcel is considered a primary and secondary zone for the federally endangered Florida panther and can contribute to increased protection of Florida’s biodiversity at the species, natural community and landscape levels,” said John Kiernan, the company’s president and chief executive officer. “If the state were to elect to exercise this option, we would expect the closing to occur in the beginning of the third quarter of our 2021 fiscal year.”
“Over the last two years, Alico has sold approximately …..
Learn more about why Florida May Buy More Alico Land on the Citrus Industry website.