Embers Lake Apartment Complex - Spring 2022

Developer Reynolds Asset Management

Embers Lake Apartment Complex to break ground in Cape Coral Spring 2022

84 acres on the north side of Embers Pkwy and west side of Nelson Rd.

Name: Embers Lakes  

84 acres on the north side of Embers Pkwy and the west side of Nelson Rd.

Anticipated Construction Start:  Spring, 2022
Anticipated Lease-up Start: December 2023
Phase 1:  690 Units - Phase 2:  647 Units
Amenity rich luxury apartments

Long anticipated project will have huge impact on Cape Coral

We've written about this project for several years because its impact on Cape Coral will be huge.  Located on the north side of Embers Parkway just west of Nelson Rd., it has been on and off over the years, even though approved by City Council some time ago.  But, it is now at the point that the Ft. Myers News-Press and Cape Coral Breeze are reporting this 1,337 unit luxury apartment complex will break ground in the Spring of 2022 with expected completion in December 2023.   

The 84-acre property has been acquired by Reynolds Asset Management of New Jersey, a multi-million dollar real estate investment and development firm specializing in multi-family projects.

The development will have many amenities such as clubhouse, pool, fitness center, private workspace, a resident lounge, a dog recreation area, children play areas and 76 electric vehicle charging stations. 

According to the News Press article, CEO Lou Reynolds said the company couldn't be more excited to develop this community in the Sunshine State. "This project will be transformative to not only those who will call it home but the rapidly growing Cape Coral community as a whole."

He went on to say that Cape Coral's continued growth and unavailability of apartment housing currently offered were important factors as well as continued investment in the city by local government.

Name:  Embers Lakes

Anticipated Construction Start:  Spring, 2022

Anticipated Lease-up Start: December 2023

Phase 1:  690 Units

Phase 2:  647 Units

Below are some of the depictions by Reynolds Asset Management of what the complex will look like.

Looking out onto the lake from the pool deck.

Pool and Clubhouse closeup.

Closeup of building and lake.

Lake 1 looking east.

Video depiction by Reynolds Asset Management

a multi-million dollar real estate investment and development firm specializing in multi-family projects

http://www.reynoldsasset.com