Cape Coral Makes Top Lists in 2017
Forbes: #1 Fastest Growing city in the US
Forbes: #1 Metropolitan area for Job Growth
Forbes: #1 Future Job Growth
Forbes: #10 Housing Investment Cities
Livibility.com: #3 Most Affordable City in Florida
IHS Global: #1 Anticipated Job Gains
Gallup Well-Being Index: #19 "Happiest Cities" in the US
SmartAsset.com: #9 Best cities for Pizza Lovers
SmartAsset.com: #5 Top Cities for Boat Owners
SmartAsset.com: #9 Top Cities where Millennials are Buying
Allstate: #4 America's best Driver's Report
US News and World Report: #6 Best Place to Retire
Business Insider: #17 Safest Cities in America
American Lung Association: #1 Cleanest area for Ozone in the US
The Business Insider and WalletHub named Cape Coral one of the Top 10 Best Cities to start a business. (March 2014)
The 2014 Allstate "America's Best Driver's Report" again ranked Cape Coral as the safest driving city in Florida.
Movoto Real Estate Blog ranked Cape Coral #5 on the list of top places in Florida to live based on unique criteria such as amenities, quality of life, crime rates, tax rates, unemployment and weather. (May 2014)
Cape Coral is #2 on Movoto's Top 10 List for Best Mid-sized Cities for Homebuyers. (April 2014)
Top Retirements.com ranked the Cape Coral-Fort Myers metro area #5 (up 3 spots from 2013) among Top 100 cities as an ideal location for retirement.
Cape Coral recorded the 3rd highest population growth rate in the decade, according to the U.S. Census Bureau. (CNN Money)
Cape Coral was the 13th fastest growing city with a population over 100,000, according to the U.S. Census Bureau. Its population grew 2.7% from 2012 - 2013, up 4,339 people to a total of 165,831.
Utilities Expansion Project: Section North 2 (north of Pine Island Rd) is reaching completion.
The City of Cape Coral has decided they will purchase the land, comprising of the old Golf Course located north of Cape Coral Pkwy and east of Country Club Blvd.
The Real Estate Market is stable for 2020. Demand is very high and inventory of homes for sale continues to be low. The approximate Absorption Rate for current inventory being sold at today's sales rate is estimated at about 4 months. No wonder there is new construction everywhere in SW Florida.
Major Projects: Bimini Basin Project in the SE Cape located near Cape Coral Pkwy and Palm Tree Blvd. You can Google Bimini Basin Project Cape Coral to get links to updated information. Key enhancements for the 48.32 acre development will include a marina, retail shops, green space, commercial, entertainment and some residential development.
A major 48 acre project in the NW Cape, primarily located west of Old Burnt Store Rd. between Embers Pkwy and Tropicana Pkwy will be the Seven Islands. You can Google Seven Islands Cape Coral to get links to updated information throughout 2016 and later years as the project moves from its current 5 Concept Plans into reality. The concepts include boat slips, marina, luxury condos, retail and other. Additional concept items are a boardwalk, pool complex, 4 story hotel with 120 rooms and meeting rooms, and mixed use Village Center.
Newest gated community will be Bella Vista at Kismet Lakes off Burnt Store Rd - 28 estate homes on 1/2 acre lots.
Trend for investment by national organizations continues up with retailers dominating and Pine Island Rd. is the #1 place to be.
More convenience stores, more fuel stations and big box retailers are coming. Assisted living facilities are still hot and a lifestyle shopping center is coming.
Sands Estates - which includes 10 luxury, semi-custom homes on 10-13,000 sq' lots, and a 52 unit luxury condominium complex on Cape Coral Pkwy is developed.
The city has brought the Wicked Dolphin Rum Distillery to SW Cape Coral and the city is working to bring in microbreweries and brew pubs.
The Resort at Tranquillity Lake at Burnt Store Rd/Durden Pkwy will be a "five-star", luxury resort for Class A motorcoach owners. "Condos on wheels" ranging from $400,000 - $2.5 million.
South Florida Canoe and Kayak Club - a paddle sport facility coming to a 12 acre site just north of Sunsplash. It will train youth and adults in the international sport of canoeing and kayaking and other water sports. The facility will include a boat house, physical therapy and weight rooms specific to water sports, men's and women's locker rooms, a 250-capacity conference room, a yoga studio, and athlete housing. The idea is to also provide training facilities for US Olympic athletes.
Past News Stories:
NEW Home Construction Permits for Cape Coral: In May 2017 it was published that 137 single family permits for NEW Construction Permits for April 2017 was the highest level since April 2006.
The Burnt Store Road widening project completed a 4 lane stretch from Tropicana Parkway to Van Buren Parkway. The main project will span from Pine Island Road to Van Buren Parkway. 2020 Update: The widening project continues.