Alico, Inc. Enters into Agreement with Florida Department of Transportation

On October 27, 2025, Alico, Inc. announced that the Corkscrew Grove Stewardship District, a special district formed to facilitate financing and development of community infrastructure, entered into a Locally Funded Agreement with the Florida Department of Transportation (FDOT). The agreement supports the construction of a wildlife-crossing culvert under State Road 82 and the raising of the road profile. Alico, Inc. will provide funding to FDOT, with an initial deposit of $5,071,439.33 within fourteen days of the agreement's execution. Additional funds will be advanced if project costs increase, and any excess funds will be refunded upon project completion. The agreement will remain in effect until the project is completed and FDOT provides a final accounting. This initiative is part of the Corkscrew Villages Project in eastern Collier County.