CapeEDC for web - Cape Coral, Florida
Transcript of CapeEDC for web - Cape Coral, Florida
The City of Cape Coral is situated on the Gulf Coast in Southwest Florida. With a population of 154,305, it is
the largest city between Tampa and Miami. Its area of 120 square miles makes Cape Coral the third-largest
Florida city by land mass.
The area’s greatest attractions are the weather, the water, and our low cost of living and doing business.
Cape Coral’s more than 400 miles of canals and waterways give residents plenty of opportunity to live on
the water. There is no place where you can own waterfront property as inexpensively as in Cape Coral and
Southwest Florida.
Since incorporation in 1971, Cape Coral has experienced amazing growth and keeps growing at a rapid tempo. The
city is currently 43% built out and expected full build-out is in the year 2080.
Given this tremendous growth pattern, the City of Cape Coral is creating numerous development opportunities to expand upon our retail and office
space environment. Presently, Cape Coral has elevated retail leakage rates, because we didn’t have enough retailers within our city to meet the
demand of its residents.
Numerous existing retailers in Cape Coral have experienced tremendous annual sales and, in some instances, are the largest grossing stores of their
respective chains. This reflects the potential that exists for our retail market. Cape Coral is seeking to take advantage of this potential and to address
the leakage rates associated with certain retail sectors.
With this in mind, the City of Cape Coral, through its Economic Development Office (EDO), will consider customized development incentives for
qualified projects aimed at creating jobs and new investment in support of curtailing existing leakage and supporting development in key areas
identified within this document.
Executive Summary
outhwest Florida. With a population of 154,305, it is
f 120 sququare mim leles mam kes Cape Coral the thirdd-largegegeeegesttts
water, and our low cost of living and doing business.
erways give residents plenty of opportunity to live on
aterfront property as inexpensively as in Cape Coral and
ed ammazing growtht and keee ps growing at a rapid tempo. The
-out is in the year 2080.
Census 2010Projected
Made with Esri Business Analyst July 11, 2012©2012 Esri www.esri.com/ba
The Cape Coral Area Ranked:“One of the 200 Best Places for Business and Careers in the Nation“
(Forbes, 2012)
“3rd Fastest Growing U.S. Metro”
(CNN Money, 2012)
“Cape Coral/Fort Myers Metropolitan Area is 2012 Best Mid-Sized Florida City for Job Growth”
(New Geography, May 2012)
“Florida is 2nd Best State for Business”
(Chief Executive Magazine, April, 2012)
“One of the U.S. 25 Best Places to Retire”
(Forbes, 2012)
“Most Improved Florida Housing Market”
(National Association of Builders, 2011)
Executive Summary (Continued)
“With Cape Coral currently being 43% built out and a projected total population of 400,000 by 2080 – there are tremendous opportunities for the retail sector.”
Please contact the Cape Coral EDO to find out which economic incentives may be available for any
potential development you may wish to bring to Cape Coral.
The City of Cape Coral Economic Development Office offers a host of resources and connections to
help you evaluate a Cape Coral business location and connect you to commercial sites.
Detailed demographic reports and market data are available per request.
Please contact us to start your successful business in Cape Coral. We promise that you will find a
natural fit for work and play in our city.
– The City of Cape Coral Economic Development Team
Market Overview The Southwest Florida economy shows continued signs of improvement since the year 2010. The
housing market, Southwest Florida’s primary industry, is returning to a healthy state.
Home sales continued to increase as well as air traffic and hotel occupancy, new foreclosures
were down, and home prices and unemployment improved. Cape Coral new home permits
increased due to improvements in the economy, which continue to increase demand in the retail
sector. These highlights, accompanied with the recent release of the 2010 U.S. Census and BEBR
figures showing renewed growth in the Southwest Florida and Cape Coral populations, bode well
for the housing and retail industry, as well as the overall economy moving forward.
The years of plummeting real estate valuations appear over for Cape Coral. Cape Coral’s estimated
tax roll value increased 3.83 percent in 2011, the biggest increase among all 91 taxing authorities
in Lee County, according to preliminary figures furnished by the Lee County Tax Appraiser’s office.
At the beginning of the year 2012, the National Association of Builders named Cape Coral the
Most Improved Florida Housing Market.
Florida Gulf Coast University (FGCU), an emerging economic driver in Southwest Florida, has
become the largest regional school in the Southwest Florida area. Over the course of the past
six years, FGCU has added in excess of 900 students per year. FGCU officials project the student
population to be between 20,000 – 22,000 students by 2018. The growth of FGCU continues to
add a consumer base to retail centers in Lee County.
Why should you locate in Cape Coral?As the 3rd largest Florida city, Cape Coral offers more than 60 square miles of unimproved
commercial and residential land within its total 120 square miles. See what others are saying
about Cape Coral and Southwest Florida on the side panel of this page to see why pursuing a
location here makes sense for your company.
Benefits for Locating Your Business in Cape Coral include:
A Talented Workforce
Customized Economic Development Incentives
Low Cost of Doing Business
Low Taxes
Investment AreasPine Island CorridorTotal Acres: 2400Zoning: Commercial, Light Industrial, Mixed-use, Residential
Downtown CRA – Community Redevelopment AreaTotal Acres: 432Zoning: Core, Edge & Gateway, Commercial, Mixed-Use, Residential
City CenterTotal Acres: 278Zoning: Commercial, Professional, Governmental, Mixed-use, Multi-family,
Residential
Veterans Investment Zone (VIZ)Total Acres: 430Zoning: Corridor, Industrial, Mixed-Use
Concourse at Cape CoralTotal Acres: 171Zoning: C-1
For More Information, Contact:City of Cape Coral Economic Development Office
The Cape Coral Area Ranked: “3rd Most Popular U.S. City for International Home Buyers”
(The Wall Street Journal, 2011)
“Among 25 Best Places to Retire”
(Money Magazine, 2011)
“Cape Coral Ranks in Top Ten Places to Open a Business”
(Biz Journals, 2009)
“Top Mid-Sized Economic Development Hot Spot”
(Expansion Management, 2008)
“#1 for Doing Business among Cities over 100,000”
(INC Magazine, 2007)
“#1 Community in the Nation for Job Growth”
(Forbes.com, 2007)
DURDEN PKWY
CALOOSA PKWY
JACARANDA PKWY JACARANDA PKWY
KISMET PKWY W
GULFSTREAM PKWY
YUCATAN PKWYYUCATAN PKWY
TROPICANA PKWY WTROPICANA PKWY W
CEITUS PKWYCEITUS PKWY
SW PINE SW PINE
VAN BUREN PKWY
DIPLOMAT PKWY W
DIPLOMAT PKWY WDIPLOMAT PKWY W
EMBERS PKWYEMBERS PKWY
VETERANS MEMORIAL PKWYVETERANS MEMORIAL PKWY VETERANS MEMORIAL PKWYVETERANS MEMORIAL PKWY
GLEASON PKWY GLEASON PKWY
BEACH PKWY W
CAPE CORAL PKWY W
EL DORADO PKWY W
EL DORADO PKWY E
TRAFALGAR PKWY TRAFALGAR PKWY TRAFALGAR PKWY TRAFALGAR PKWY
ISLAND RD
ISLAND RD
NE PINE ISLAND RD
NE PINE ISLAND RDTROPICANA PKWY WTROPICANA PKWY W TROPICANA PKWY ETROPICANA PKWY E
MOHAWK
PKWY
WILDWOOD PKWY
CORNWALLIS PKWY
PALACO GRANDE PKWY
SAVONA PKWY
BEACH PKWY
LUCERNE PKWY
CAPE CORAL PKWY E
ROSE GARDEN DR
KISMET PKWY W KISMET PKWY E
JACARANDA PKWY JACARANDA PKWY
DIPLOMAT PKWY E
HANCOCK BRIDGE PKWYHANCOCK BRIDGE PKWY
CEITUS PKWYCEITUS PKWY
AVIATIONPKWY
KAMALPKWY
RETUNDAPKWY
ARCHERPKWY
SAVONA PKWY W
EMBERS PKWYEMBERS PKWY
VISCAYA PKW
Y
VISCAYA PKW
Y
FOUR MILE COVE PKWY
SHELBY PKWY
BOLADO PKWYBOLADO PKWY
LITTLETON RD
N GATOR CIR
S GATOR CIR
W G
ATO
R C
IR
E G
ATO
R C
IR
PONDELLA RDPONDELLA RD
CORONADO PKWY
AG
UA
LIN
DA
BLV
DA
GU
ALI
ND
A B
LVD
PELI
CA
N B
LVD
PELI
CA
N B
LVD
CH
IQU
ITA
BLV
D S
CH
IQU
ITA
BLV
D S
CH
IQU
ITA
BLV
D S
CH
IQU
ITA
BLV
D N
CH
IQU
ITA
BLV
D N
OA
SIS
BLV
DSURF
SID
E B
LVD
SAN
DS
BLV
D
SAN
TA B
AR
BA
RA
BLV
D
SURF
SID
E B
LVD
SURF
SID
E B
LVD
COUNTRY CLUB BLVD
PALM
TRE
E BL
VD
SKY
LIN
E
BLV
D
SURFSIDE BLVD
EL D
ORA
DO
PKW
Y N
EL D
ORA
DO
PKW
Y N
OLD
BU
RN
T ST
OR
RD
OLD
BU
RN
T ST
OR
E R
D
BU
RN
T S
TO
RE
RD
N
AN
DA
LUSI
A B
LVD
A
ND
ALU
SIA
BLV
D
CU
LTU
RAL
PARK
BLV
D
CU
LTU
RAL
PARK
BLV
D
AC
AD
EMY
BLV
D
COU
NTR
Y C
LUB
BLV
D
COU
NTR
Y C
LUB
BLV
D
NICH
OLAS PKW
Y
NICH
OLAS PKW
Y
NICHOLAS PKW
Y
NICHOLAS PKW
Y
DEL
PR
AD
O B
LVD
S D
EL P
RA
DO
BLV
D S
DEL
PR
AD
O
BLV
D N
DEL
PR
AD
O
BLV
D N
DEL PRADO BLVD N
DEL PRADO BLVD N
VISCAYA PKWYVISCAYA PKWY
WILMINGTON PKWY
DIPLOMAT PKWY E
NICHOLAS PKWY
NICHOLAS PKWY
NEL
SON
RD
NEL
SON
RD
NEL
SON
RD
SAN
TA
B
AR
BA
RA
BLV
D
SAN
TA
B
AR
BA
RA
BLV
D
SKY
LIN
E
BLV
DSK
YLI
NE
B
LVD
CH
IQU
ITA
BLV
D N
EL D
ORA
DO
PKW
Y N
EL D
ORA
DO
PKW
Y N
BU
RN
T
ST
OR
E R
D S
BU
RN
T
ST
OR
E R
D S
SWSWSWSSSSSSSSWSWSWSWSSSSSSSW
ICHOLASPKW
NICHOLAS
ICHOLAS
ICHOLASPKWYPKWYPKWY
SASASA
RAL PKWY
CORONADO PK
USSS PPPPPPKWYUS PKWYUSSSS PPPPPPKWYUS PKWY
UUUUB
UB
UBBBB
TTN
TN
TNNN
RN
RN
RN
R
BU
RN
TB
UB
UB
UB
UB
UB
UBBBBB
TTTN
TN
TN
TN
TN
TR
NT
RN
TR
NT
BU
RN
T
W
H
OS
S
KWW
CC
OA
SIS
OA
SIS
ABL
VD
BLV
D
DD
KK
C
OA
SIS
OA
SIS
OA
SIS
BLV
DBL
VD
VDDVD
GLEAGLEAGLEAG SON ON P
BEABEABEABEA
SURF
SISU
RFSI
SURF
SSU
RFS
DE
BL
DE
BV
DSA
ND
S SA
ND
SBL
VD
BLV
DB
SURFSISU
DE BLDE BLDE
VV
W
CH
OA
SIS
BLV
D
DDDDDDD
PKPKKKK
AACCCC
OS
SO
ASI
SO
ASI
SB
DBL
VD
BLV
D
BLLLVVDVDVDVDVDVDVDVDVDVD
LegendDiplomat Commerce Park
Patriot Plaza
Concourse at Cape Coral
Shops at Surfside
Proposed Super Walmart
Proposed Sam's Club
Village Square
Publix Plaza at Burnt Store
Coralwood Shopping
Center
Charlotte County
Ft.
My
ers
DURDEN PKWY
NT
STO
R R
D
Cape Coral Retail Opportunity Sites
Pine Island Road AreaPine Island Road is one of Cape Coral’s main east-west arteries. During the last decade, numerous national chains located restaurants
and retail businesses along this eight mile roadway. Smaller local businesses and national car dealerships make this an attractive shopping
destination for local and regional consumers. A great many opportunities for additional retail locations remain in existing plazas and development
parcels. Six of the eight miles of this thoroughfare feature four lanes with the remaining two miles to the west expanding to four lanes beginning in
2013. Please contact the Cape Coral Economic Development Office to
obtain more information on development opportunities along this fast
growing retail corridor.
North Cape Retail Industry Opportunities
KISMET PKWY W
GULFSTREAM PKWY
YUCATAN PKWYYUCATAN PKWY
TROPICANA PKWY WTROPICANA PKWY W
CEITUS PKWYCEITUS PKWY
SW PINE SW PINE
VAN BUREN PKWY
DIPLOMAT PKWY W
DIPLOMAT PKWY WDIPLOMAT PKWY W
EMBERS PKWYEMBERS PKWY
VETERANS MEMORIAL PKWYVETERANS MEMORIAL PKWY VETERANS MEMORIAL PKWYVETERANS MEMORIAL PKWY
TRAFALGAR PKWY TRAFALGAR PKWY TRAFALGAR PKWY TRAFALGAR PKWY
ISLAND RD
ISLAND RD
NE PINE ISLAND RD
NE PINE ISLAND RDTROPICANA PKWY WTROPICANA PKWY W TROPICANA PKWY ETROPICANA PKWY E
KISMET PKWY W KISMET PKWY E
DIPLOMAT PKWY E
HANCOCK BRIDGE PKWYHANCOCK BRIDGE PKWY
CEITUS PKWYCEITUS PKWY
AVIATIONPKWY
KAMALPKWY
RETUNDAPKWY
ARCHERPKWY
EMBERS PKWYEMBERS PKWY
VISCAYA PKW
Y
VISCAYA PKW
Y
FOUR MILE COVE PKWY
SHELBY PKWY
BOLADO PKWYBOLADO PKWY
LITTLETON RD
PONDELLA RDPONDELLA RD
CH
IQU
ITA
BLV
D S
CH
IQU
ITA
BLV
D S
CH
IQU
ITA
BLV
D N
CH
IQU
ITA
BLV
D N
SURF
SID
E B
LVD
SURF
SID
E B
LVD
SURFSIDE BLVD
EL D
ORA
DO
PKW
Y N
EL D
ORA
DO
PKW
Y N
OLD
BU
RN
T ST
OR
E R
D
AN
DA
LUSI
A B
LVD
A
ND
ALU
SIA
BLV
D
CU
LTU
RAL
PARK
BLV
D
CU
LTU
RAL
PARK
BLV
D
AC
AD
EMY
BLV
D
COU
NTR
Y C
LUB
BLV
D
NICH
OLAS PKW
Y
NICH
OLAS PKW
Y
NICHOLAS PKW
Y
NICHOLAS PKW
Y
DEL
PR
AD
O B
LVD
S D
EL P
RA
DO
BLV
D S
DEL
PR
AD
O
BLV
D N
DEL
PR
AD
O
BLV
D N
VISCAYA PKWYVISCAYA PKWY
DIPLOMAT PKWY E
NICHOLAS PKWY
NICHOLAS PKWY
NEL
SON
RD
NEL
SON
RD
NEL
SON
RD
SAN
TA
B
AR
BA
RA
BLV
D
SAN
TA
B
AR
BA
RA
BLV
D
SKY
LIN
E
BLV
DSK
YLI
NE
B
LVD
CH
IQU
ITA
BLV
EL D
ORA
EL D
ORA
BU
RN
T
ST
OR
E R
D S
BU
RN
T
ST
OR
E R
D S
VVVVVVVEEETERANVETERANS MVVVVVVVEEETERANS MVETERANS MPine Island Commercial Opportunity Areas
Veterans Investment Zone
KISMET PKWY W
GULFSTREAM PKWY
YYUCATAN PKWYYUCATAN PKWYYUCYUCATAATAN PN PKWYKWYYUCATAN PKWY
VAN BUREN PKWY
DIPLOMAT PKWY W
DIPLOMAT PKWY WDIPLOMAT PKWY WDIPLOMAT PKWYWDIPLOMAT PKWYW
KISMET PKWY W
DDDDNN
D N
DDDD NN
D N
OLD
BU
RN
T ST
OR
E R
D
NEL
SON
RD
CH
IQU
ITA
BLV
EL D
OR
EL D
OR
EL D
OR
EL D
OR
Retailers & Restaurants along Pine Island Road
BJ’s TargetLowe’sBed Bath & BeyondAC MoorePetSmartSports AuthorityMichael’sKohl’s
WalmartWalgreensPublixOffice MaxStaplesStarbuck’sFive GuysOlive GardenOutback Bonefish GrillPaneraSonny’sSubway
Chili’sChick-fill-AMattress FirmRoger Dean ChevroletFucillo KiaSteak and ShakeBob Evan’sRuby Tuesday’sCarrabba’s Italian GrillDairy QueenMcDonald’s Golden Corral (Under Construction)
Proposed Pond Site Pond
Pine Island Road
Ceitus Pkwy
Sa
dd
lew
oo
d R
d
Cape Coral Sports
Complex
German-American
Social Club
Se
lf S
tora
ge
Ma
rin
e C
on
cep
tsC
em
en
t Fa
cto
ry
Bu
bb
a’s
e Island Road
dle
wo
od
Rd
FutureSuper
Ceitus Pkwy
North Cape Retail Industry Opportunities (Continued)
[* = Opportunity Parcels Commercial/Retail
Pine Island Road Widening Area The Florida Department of Transportation is executing the widening of the most western 2 mile stretch of Pine Island Road to four lanes in 2013
from Chiquita Blvd. to Burnt Store Road.
The widening of the roadway makes large-scale development
of this area possible. Planned developments include a Super-
Walmart Plaza with available property for a regional shopping
and entertainment center. Parcels from 1.3 to 191 acres with direct
frontage to Pine Island road are especially attractive for retail and
entertainment businesses.
Traffic Count: Pine Island Road: 23,000 AADT Veterans Parkway: 18,700 AADT
Size of Available Parcels: Range from 1.3 to 101 acres
# Available Parcels: 19+
TROPICANA PKWY WTROPICANA PKWY W
CEITUS PKWYCEITUS PKWY
SW PINE SW PINE
EMBERS PKWYEMBERS PKWY
TRAFALGAR PKWY TRAFALGAR PKWY TRAFALGAR PKWY TRAFALGAR PKWY
ISLAND RD
ISLAND RD
TROPICANA PKWY WTROPICANA PKWY W
CEITUS PKWYCEITUS PKWY
EMBERS PKWYEMBERS PKWY
CH
IQU
ITA
BLV
D S
CH
IQU
ITA
BLV
D S
CH
IQU
ITA
BLV
CH
IQU
ITA
BLV
BLV
DBL
VD
EL D
ORA
DO
PKW
Y N
EL D
ORA
DO
PKW
Y N
NICH
OLAS PKW
Y
NICH
OLAS PKW
Y
NICHOLAS PKWY
NICHOLAS PKWY
NEL
SON
RD
NEL
SON
RD
SAN
TA
B
ASA
NTA
BA
KY
LIN
E
BLV
DK
YLI
NE
B
LVD
SW PINESW PINESW PINESW PINE
TATATACCCCC
Future
Super Walmart
CCCC
US PKWYUS PKWYUS PKWYUS PKWY
EEEE
PublixPlaza
[
Sam’sGas
Sam’sGas
ProposedOutparcel1.5 Acres
ProposedOutparcel1.5 Acres
ProposedOutparcel1.14 Acres
ProposedOutparcel1.14 Acres
ProposedOutparcel1.22 Acres
ProposedOutparcel1.22 Acres
ProposedOutparcel1.22 Acres
ProposedOutparcel1.22 Acres
ProposedOutparcel1.21 Acres
ProposedOutparcel1.21 Acres
SR 78 - Pine Island Rd.SR 78 - Pine Island Rd.
Hancock Bridge Pkwy.Hancock Bridge Pkwy.
Proposed Future Development
Area7.10 Acres
Proposed Future Development
Area7.10 Acres
Proposed Stormwater Pond
Proposed Stormwater Pond
Pallet/Bale Recycling Area
Pallet/Bale Recycling Area
SW 3rd PlaceSW 3rd Place
Proposed Sam’s ClubProposed Sam’s Club
Proposed Stormwater Pond
Proposed Stormwater Pond
[r PPPP
dedddddddedr PPPPr P
NE PINE ISLAND RD
NE PINE ISLAND RDTROPICANA PKWY ETROPICANA PKWY E
DIPLOMAT PKWY E
HANCOCK BRIDGE PKWYHANCOCK BRIDGE PKWY
KWY
PKWY
BOLADO PKWYBOLADO PKWY
PONDELLA RDPONDELLA RD
AN
DA
LUSI
A B
LVD
A
ND
ALU
SIA
BLV
D
CU
LTU
RAL
PARK
BLV
D
CU
LTU
RAL
PARK
BLV
D
NICH
OLAS PKW
Y
NICH
OLAS PKW
Y
DEL
PR
AD
O
BLV
D D
EL P
RA
DO
B
LV
VISCAYA PKWYVISCAYA PKWY
DIPLOMAT PKWY E
NICHOLAS PKWY
NICHOLAS PKWY
SAN
TA
B
AR
BA
RA
BLV
DSA
NTA
BA
RB
AR
A
B
LVD
NICHOLAS PKWY
NICHOLAS
NICHOLAS
NICHOLASPKWYPKWYPKWY
SAAAAAAANNN
TAB
ARRRRRRRRR
SAN
TA
B
AR
A
SAAAAAAANNN
TTAA
BB
AARRRRRRRRR
SAN
TA
B
AR
Sam’s Club
Farther east – close to Hancock Bridge Parkway – is the proposed location of a new Sam’s Club
Future Sam’s ClubTraffic count: East of Pondella Rd. 23,000
West of Del Prado Blvd. 36,000 ADT
Size of Available Parcels: 1.14-7.10 Acres
Available Parcels: 6
[
North Cape Retail Industry Opportunities (Continued)
Veterans Investment Zone (VIZ)
Zoning: Corridor, Industrial, Commercial,
and Mixed-Use is Optimal for Business Diversity
Outpatient Clinic: Opening in early 2013
Mixed-Use Development
120 Acre Diplomat Commerce Park: Mixed-Use Development
: Palliative Care Facility
15 Acre Army Reserve Site
NE PINE ISLAND RD
NE PINE ISLAND RDTROPICANA PKWY ETROPICANA PKWY E
KISMET PKWY E
DIPLOMAT PKWY E
HANCOCK BRIDGE PKWYHANCOCK BRIDGE PKWY
LITTLETON RD
PONDELLA RDPONDELLA RD
AN
DA
LUSI
A B
LVD
A
ND
ALU
SIA
BLV
D
DEL
PR
AD
O
BLV
D N
DEL
PR
AD
O
BLV
D N
DIPLOMAT PKWY E
Diplomat Commerce
ParkSMET PKWY E
LV LVLVLV
L
LITT
VD
NNNNNNNLV
D N
VD
NNNNNNNNV
D N
ETON RD
VA Clinic
DDDN
DLU
AL
AAAAAN
DA
LDDD
ND
LUA
LAAAAA
ND
ALU
O O
O
DIPLOMAT PKWY EBL BL
BL
BL
LOMAUS Army Reserve Center
DDDDDDDDDD
COCK BRIDGE PKWYCOCOCOCOCOCOCCKKKKKK BBBBBBRIRIRIRIRIRIDGDGDGDGDGDGEEEEEE PPPPPKWYCOCK BRIDGE PKWY
PONDEELLLLALA RRDRDPONDELLA RDPONDELELLLLLLALA RRDRDDPONDELLA RD
DE
DE
DE
DEEL
PAAAA
RA
DDDEL
PR
AD
ELP
AAAAR
ADDDD
ELP
RA
D
Patriot Plaza
CORBETT ROAD
HAHANHANHAHANHAN
Regional VA Clinic
Will employ 300 physicians, nurses, technicians and other medical and clerical staff
Over 260,000 veterans in Southwest Florida, expected to serve over 1,000 patients daily
Will rank in the top 5 of the 800 U.S. VA Clinics
The Veterans Investment Zone (VIZ) is one of Cape Coral’s newest economic development initiatives. The VIZ encompasses the area surrounding the
new regional VA Clinic in northeast Cape Coral on Diplomat Parkway and Corbett Road.
The clinic will be a powerful anchor for economic development and a dynamic location for medical parks and offices,assisted living facilities, retail
services and amenities, hotels, as well as light industrial enterprises. The vision for the VIZ is a vibrant village for the community, patients, staff and
visitors. The planned Army Reserve Training facility located across from the VA Clinic will be a strong resource for the VIZ, bringing in more than 200
soldiers monthly for training.
A location in the Veterans Investment Zone will afford retailers a steady traffic count from up to 1,000 daily VA Clinic visitors plus a staff of 300 clinic
employees. This largely undeveloped area borders on Cape Coral’s neighboring community, North Fort Myers.
North Cape Retail Industry Opportunities (Continued)
Diplomat Commerce Park
VA Clinic
NE PINE ISLAND RD
NE PINE ISLAND RDTROPICANA PKWY ETROPICANA PKWY E
KISMET PKWY E
DIPLOMAT PKWY E
HANCOCK BRIDGE PKWYHANCOCK BRIDGE PKWY
LITTLETON RD
PONDELLA RDPONDELLA RD
AN
DA
LUSI
A B
LVD
A
ND
ALU
SIA
BLV
D
DEL
PR
AD
O
BLV
D N
DEL
PR
AD
O
BLV
D N
DIPLOMAT PKWY E
LITTLETON RD
LVD
NLV
D N
LVD
NLV
D N
Diplomat Commerce
Park
CORBETT ROAD
Two commercial developments planned near the regional VA Clinic will afford businesses the opportunity to take
advantage of the synergy between healthcare services and ancillary businesses in the VIZ.
Diplomat Commerce Park This 120-acre mixed-use project is under development in northeast Cape Coral, surrounding the new regional VA Clinic at Corbett Road and Diplomat Parkway.
Development Sites Available
Research and development – 50,000 SF
Medical and other offices – 300,000 SF
Retail shops and services – 40,000 SF
Assisted living facility
Hotel – 150 rooms
Educational facility
Communications tower
CO
RB
ETT
RD
.
PINE ISLAND RD.
Lot 6256,507 SF
6.09 Acres
Lot 6256,507 SF
6.09 Acres
Lot 4153,874 SF
3.53 Acres
Lot 4153,874 SF
3.53 Acres
Lot 379,111 SF
1.82 Acres
Lot 379,111 SF
1.82 Acres
Lake83,619 SF
1.92 Acres
Lake83,619 SF
1.92 Acres
Dry
Ret
enti
on
A
rea
Dry
Ret
enti
on
A
rea
Lot 269,423 SF
1.59 Acres
Lot 269,423 SF
1.59 Acres
Lot 279,719 SF
1.76 Acres
Lot 279,719 SF
1.76 Acres
Lot 5129,458 SF
2.97 Acres
Lot 5129,458 SF
2.97 Acres
Dry
Ret
enti
on
A
rea
Dry
Ret
enti
on
A
rea
Patriot Plaza20-Acre commercial use for sale in northeast Cape Coral, fronting Pine Island Road and the new regional VA Clinic at Corbett Road
and Diplomat Parkway
Development Sites Available
Total Land Area – 20.78 acres
Zoning – CORR (corridor)
Veterans Investment Zone (VIZ) – Development Incentives
Potential Uses – Retail, Office Medical, Hotel, ALF
Gateway to New VA Clinic – Opens 2012
Traffic Count Exceeds 23,000 AADT
2,000 ft. Frontage on Pine Island Rd. & Corbett Rd.
North Cape Retail Industry Opportunities (Continued)
[
Concourse at Cape CoralThe Concourse at Cape Coral is ideally located in the attractive development triangle between Cape Coral, Fort Myers, and Port Charlotte.
The City owns this land and is seeking offers for public-private
partnerships.
This planned development is situated on Kismet Parkway and Cape
Coral’s main north-south artery, Del Prado Blvd. This development
opportunity is ideally located near the regional VA Clinic and U.S.
41, offering easy access to all of Southwest Florida
Planned uses include a large retail and entertainment district
nestled in unspoiled nature, offering characteristic Cape Coral
water views.
NE PINE ISLAND RD
NE PINE ISLAND RDTROPICANA PKWY ETROPICANA PKWY E
KISMET PKWY E
DIPLOMAT PKWY E
LITTLETON RD
PONDELLA RDPONDELLA RD
AN
DA
LUSI
A B
LVD
A
ND
ALU
SIA
BLV
D
DEL
PR
AD
O
BLV
D N
DEL
PR
AD
O
BLV
D N
DIPLOMAT PKWY E
SAN
TA
B
AR
BA
RA
BLV
D
SAN
TA
B
AR
BA
RA
BLV
D
SMET PKWY E
LLLLLLBLBV
DVVV
BLV
D
LLLLLLBLBV
D
VVV
BLV
D
AD
OB
LVD
N NA
DO
BLV
DN
AD
OB
LVD
N
LOMAT PKWY E
Concourseat
Cape Coral
Total Acres: 171
55 Acres
Entertainment District: 50 Acres
Academic Village: 32
Zoning: C-1 (Commercial)
Mid-Cape Retail Industry Opportunities
RETAIL “D”RETAIL “D”R
ETA
IL“E
”R
ETA
IL“E
”R
ETA
IL “
F”
RE
TAIL
“F
”
RETAIL “A”RETAIL “A”
RETAILRETAIL RETAILRETAIL RETAILRETAIL
Parcel +/-.64 Acres
Parcel +/-.64 Acres
Parcel 3+/- 1.38 acres
Parcel 3+/- 1.38 acres
RE
TAIL
“C
”R
ETA
IL “
C”
ProposedProposed
Future
Restaurant
Future
Restaurant
Wo
od
y’s
Su
rfsi
de
Re
stau
ran
t
Home GoodsS
UR
FS
IDE
BLV
D[
Shops at SurfsideThis site is strategically positioned to serve the Cape Coral, Pine
Island, and Punta Gorda areas. In addition, the site is located
amidst the highest income demographics and some of the
highest average priced home areas in Cape Coral.
Approximately 185,000 sq.ft. on 21.75 Acres
Traffic Count: 26,800 AADT Veterans Parkway, east of Chiquita
Blvd. , east of Surfside Blvd. 18,700 AADT
NW corner of Veterans Pkwy. and Surfside Blvd.,
at the entrance to the Sandoval residential
community, an upscale Bonita Bay Properties
site with 1,569 units and another 300-500 units
to be added over the next five years.
VETERANS MEMORIAL PKWYVETERANS MEMORIAL PKWY
GLEASON PKWY GLEASON PKWY
BEACH PKWY W
CAPE CORAL PKWY W
MOHAWK
PKWY
WILDW
CAPE CO
AVIATIONPKWY
KAMALPKWY
RETPK
SAVONA PKWY WD
AG
UA
LIN
DA
BLV
D
PELI
CA
N B
LVD
VD
CH
IQU
ITA
BLV
D SOA
SIS
BLV
DSURF
SID
E B
LVD
SAN
TA B
AR
BA
RA
BLV
D
SURF
SID
SURF
SI
C
PALM
TRE
E BL
VD
SKY
LIN
E
BLV
D
SURFSIDE BLVD
S S
VETERANS ME VETERANS MEVETERANS ME
PKWY
SAVONA PKWY W
VD
Shops at
Surfside [
Mid-Cape Retail Industry Opportunities (continued)
Veterans Parkway & Santa Barbara BoulevardThis is a 7+ acre development consisting of two lots. One lot is City owned (former Fire Station) and one is privately owned. Must be developed
as one with the City lot serving as the parking lot for the development.
Across Veterans Parkway is a Plaza featuring Target, Lowes, Publix, Subway, McDonalds, BB&T Bank, and Ruby Tuesday. The remainder is
bordered by Santa Barbara Blvd. and residential neighborhoods.
Zoning: C-1 (Commercial)
Retail Plaza
Traffic: Veterans Pkwy. East of Santa Barbara Blvd. 45,200 AADT/Veterans Pkwy. West of Santa Barbara Blvd. 38,400 AADT/Santa
Barbara Blvd. south of Veterans Pkwy 22,900 AADT/Santa Barbara Blvd. north of Veterans Pkwy. 23,000 AADT
MEMORIAL PKWY MEMORIAL PKWY
GLEASON PKWY
AVIATIONPKWY
KAMALPKWY
RETUNDAPKWY
ARCHERPKWY
VD D
LIN
E
BLV
D
AC
AD
EMY
BLV
D
COU
NTR
Y C
LUB
BLV
D
COU
NTR
Y C
LUB
BLV
D
SKY
LIN
E
SKY
LIN
E
SA
NTA
BA
RB
AR
A B
LVD
EASON PKWYVeterans &
Santa Barbara
SSSSSSSAAAAAAA
NNNNNNNTTTTTTTAAAAAAA
BBBBBBBAAAAAAA
RRRRRRRBBBBBBB
AAAAAAARRRRRRR
AAAAAAABBBBBBB
LLLLLLL
VETERANS MEMORIAL PARKWAY
SK
YL
INE
BLV
DS
KY
LIN
E B
LVD
OutletAvailable
90,000 SF(divisible)
FASHIONBUG
58,000 cars/day
47,5
00 c
ars/
day
DEL PRADO BLVD.
VETE
RA
N’S
PA
RK
WAY
SE 2
1st L
AN
E
SE 17th PLACE
SE 2
4th
ST.
SE 16th PLACE
Coralwood Shopping Center on Del Prado BoulevardCoralwood Shopping Center is located on one of the busiest intersections in Cape Coral, just north of the Veterans Memorial
Parkway bridge that leads across the river near to Fort Myers.
This location has the highest traffic counts in all of Cape Coral.
Del Prado Boulevard & Veterans Memorial Parkway
Traffic: 51,300 AADT
Center Size: 343,000 SF anchored center
Key Tenants: Bealls, JC Penney, Marquee Cinema & LA Fitness
YY VETERANS MEMORIAL PKWYVETERANS MEMORIAL PKWY
N PKWY
R PKWY AR PKWY
CORNWALLIS PKWY
AVIATIONPKWY
KAMALPKWY
RETUNDAPKWY
ARCHERPKWY
VISCAYA PKW
Y
VISCAYA PKW
Y
FOUR MILE COVE PKWY
SHELBY PKWY
CU
LTU
RAC
ULT
URA
AC
AD
EMY
BLV
D
COU
NTR
Y C
LUB
BLV
D
Y C
LUB
BLV
D
HO
LAS PKWY
OLAS PKW
Y
NICHOLAS PKW
Y
NICHOLAS PKW
Y
DEL
PR
AD
O B
LVD
S D
EL P
RA
DO
BLV
D S
VISCAYA PKWYVISCAYA PKWY
VVVETERANS MEMORVVETERANS MEMORVETERANS MEMOR
FOUR MILE COVE PKWY
Coralwood Shopping
Center
South-Cape Retail Industry OpportunitiesDowntown CRA Project: Village SquareVillage Square will be an upscale, mixed-use residential project in the city’s South Cape Community Redevelopment Area. These quality
residential units will serve people who wish to live near attractive downtown-style amenities such as dining, entertainment and shopping.
Traffic: Cape Coral Bridge: 42,200 AADT
Cape Coral Pkwy.: 37,800 AADT
South CapeAs the historic city center, South Cape has
unique attributes and assets that can be
capitalized on to serve as the foundation for
future development. Currently, South Cape
retail opportunities are primarily driven by
residents in the CRA and the surrounding area
within a broader trade region. High commuter
traffic runs through the CRA on Cape Coral
Parkway, one of the main thoroughfares from
and to Fort Myers and the beaches.
As a key implementation element of the CRA’s
2030 Vision Plan, new regulations specifically
provide property owners, builders, and
developers with a faster approval process
and greater flexibility in how they develop or
redevelop. The CRA’s Vision Plan is to create a
downtown district that is rich with activities
and a desirable shopping and entertainment
destination for both residents and visitors.
For information about available properties, investment opportunities, and economic development incentives
for qualifying projects, please contact the City of Cape Coral Economic Development Office.
The EDO provides detailed demographic reports, industry analyses, market data and current
zoning information for available commercial business sites.
Please contact us for a natural fit for work and play in our city.
– The City of Cape Coral Economic Development Team
Phone: [email protected]
City of Cape Coral Economic Development Office