wetland restoration
mitigation bank
The restoration of native Florida habitat.
A legacy has been created for the people of Florida
The science behind the project
See the amazing results of restoration
Life around Little Pine Island
Add your pictures of island flora and fauna to ours
NEW!
Click here to view our online video and picture slideshow presentation!

Mariner Properties Development, Inc.
13041-2 McGregor Blvd. llh
Ft. Myers, FL 33919
Tel: 239-481-2011
Fax: 239-481-8283
LPI@MarinerProperties.com

 
 
 

The Little Pine Island Wetland Restoration & Mitigation Bank is a professionally designed and environmentally preferable solution for mitigating unavoidable impacts to wetland habitat. It is permitted as a Mitigation Bank in response to Federal and State legislation which encourages large-scale ecosystem restoration.


Little Pine Island mitigation credits are a high-quality form of wetland replacement for unavoidable wetland impacts. One wetland mitigation credit is equivalent to the ecological value of one acre of wetland creation. Their purchase relieves public and private development interests of the cost and liability associated with on-site wetland mitigation.

Benefits:
 
The growth of exotic vegetation on Little Pine Island forced the Bald Eagles to abandon their nests and move elsewhere. But within 90 days of restoring their former habitat, the eagles returned to their old nests, rebuilt them, and produced young eaglets.
 
TIME: Permitting can be more efficient, project delays avoided, and development costs reduced.
COST: The one-time cost for mitigation credits can replace your cost for design, construction,
  maintenance and monitoring for on-site mitigation.
LAND: On-site land required for mitigation can be reduced, saving net property for your use.
SAVINGS: The cost of wetland mitigation bank credits is usually significantly less than other mitigation
  alternatives. And perpetual maintenance is guaranteed by the mitigation bank.

"On a recently completed 18-acre commercial park, Little Pine Island credits allowed us to recover 15 net acres of property."
-Don Lucas, Projects Manager, Future Realty & Development Services
 
"The City of Fort Myers used Little Pine Island credits to help permit our new Little League baseball complex.they not only saved tax dollars on the mitigation, but helped bring the project on-line in time for baseball season."
-Jim Humphrey, Mayor, City of Fort Myers
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Footnotes:
1.) Based upon $35,000 per Credit and a Functional Assessment of .8. (.8 X 5 impact acres = 4 vvvCredits X $35,000 = $140,000)
2.) Based on $15,000 per acre land cost, plus $10,000 for design and permitting, plus $130,000 gggfor construction and maintenance. ($15,000 X 5 impact acres = $75,000 + $10,000 + $130,000 ggg= $215,000)
3.) Based on a 10:1 ration (10 acres of mitigation required for each impacted acre), plus off-site dddland cost of $6,000 per acre. (5 impacted acres x 10 = 50 off-site acres x $6,000 = $300,000)
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In 1996, Little Pine Island Wetland Restoration & Mitigation Bank prices averaged $28,000 per credit. The market value has risen steadily, due to the
substantial cost savings provided by mitigation credits when compared to other mitigation alternatives.

Little Pine Island Wetland Restoration & Mitigation Bank is a member of the National Mitigation Banking Association. For more information about this organization, visit our News & Events page.