The state of Florida recently purchased approximately 5,734 acres of Alico Ranch for $14.4 million from Alico, Inc. The purchase was made under the Florida Forever program, pursuant to an option agreement between the state and the company earlier this fiscal year. “This is now the third sales transaction we have completed with the state of Florida within the last three years, …
Florida May Buy More Alico Land
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 …