Originally named

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Two Developments Planned for Downtown Cape Coral Area

Information from Wink News

Two new developments are now in the planning stages for downtown Cape Coral according to Wink News. An empty lot on Bimini Basin will turn into a $50 million project that will bring 185 apartments, commercial space, a parking garage and a waterfront restaurant.

An empty lot between Cape Coral Parkway and Southeast 47th Terrace will turn into 280 apartments, retail, office space and another garage. That project is called “The Cape at 47th.” Both projects will break ground in 2022. “Empty-nesters and millennials they’re looking for, it’s all about options, they’re looking for options when it comes to housing,” said Cape Coral City Manager Rob Hernandez. Cape Coral resident Robin Iafrate said the Bimini Basin project is good for the area because there aren’t enough restaurants for the waterfront. “We do like the waterfront restaurant and everything else that’s developing. People are moving in, they need someplace to live,” said Barbara Salafia, also of Cape Coral. The biggest worry for people is the traffic these projects might bring. “If they can come up with some new ways around that, I don’t know the answer but everyone here complains about that,” said Cape Coral resident Mike Salafia.

Hernandez said the city’s goal is to give people options. Not everyone wants to live in a typical house. “There are individuals that like to be in an urban setting,” Hernandez said. “They want to be able to walk to the coffee shop, they want to be able to walk to the place of employment and walk to entertainment venues.” Save your energy and focus on the important things in life. Save your energy and focus on the Let the energy experts at Tampa Electric show you howimportant things to save on energy costs. When you participate in our free Home Energy Audit, one of our energy analysts will visit your home and in life. identify areas where you can save valuable energy. You’ll also learn about our other energy-saving programs including Energy Planner, Ductwork and more. Visit tampaelectric.com/save to schedule your free Let the experts at Tampa Electric show you how to save on energy costs. Home Energy Audit today or call 813-275-3909. When you participate in our free home energy audit,

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