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NAPLES, Fla. (AP) - Eagles nesting in a dead pine tree have indefinitely delayed construction of an $8 million condominium complex approved four years ago.
In spite of the lag time, Collier County commissioners stuck to their guns and refused on a 4-1 vote Tuesday to allow construction to start on the 590-unit Cocohatchee Bay project until the pine tree falls.
Signature Properties estimates it could lose $8 million to $12 million every year construction is delayed. The developers offered to build a $250,000 fake tree as a substitute or preserve 100 acres of offsite wilderness.
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