Alico Exits Citrus Business: Inside the $50M Land Sales Strategy and 9,000-Home Development Plan

Alico Inc.’s Q2 report anticipates $335M in development - Gulfshore Business

Venerable Fort Myers agriculture and land management company Alico Inc. has largely left the citrus industry due to the disease called greening that has decimated Florida citrus crops in recent years. With its last major citrus harvest complete in April, Alico is completing its transformation into a diversified land management company, with a focus on other forms of agriculture and land management operations. The company’s prospects in the next …

Alico Exits Citrus Business: Inside the $50M Land Sales Strategy and 9,000-Home Development Plan

Alico unveils strategic transformation with $50M land sales forecast and massive real estate development. See projected $25M cash balance and new 9,000-home project details.