Here We Grow Again - October Edition

Wow! Cape Coral is really Rockin It!

Concept Drawing of Sovereign Properties

Last month we reported on the numerous apartment developments planned from Santa Barbara Blvd. to the west, along Pine Island Rd. Now there are more plans in the mix. 

Sovereign Properties, LLC intends to build 380 apartments in four (4) buildings with a central clubhouse and amenities on about 16.7 acres on the north side of SW Pine Island Rd. just east of Sunrise Senior Living and across Pine Island Rd. from the Carolina Apartments.

Recent zoning changes by the city require that multifamily dwellings be setback at least 250 feet from Pine Island Road so there will be a commercial component along Pine Island Rd. That portion would be developed by a separate property owner. 

Over view of concept property

Is there a Cape Coral Town Center in our future?

But there's more for SW Pine Island Rd.

A zoning amendment request was brought before the Cape Coral Hearing Examiner to change Single-Family zoned land along Pine Island Rd. to Commercial Corridor.

The property runs along the north side of SW Pine Island Rd. from the electrical power station, east to Bubbas, and then up and behind the German American Club.

The owners of the land, Surfside Corner LLC, brought the Oasis Surfside Apartments to Veterans Parkway. They are working with L&L Florida Management of New York City.

The plan talked about at the hearing calls for a 700,000 sq. ft. shopping center, 70,000 sq. ft. of office space, a 200-room hotel, a 50,000 sq. ft. movie theater/entertainment center, and 1,500 multi-family mid-rise dwelling units.

It's still early in the process and things could change but if plans are followed through on, this could be a game-changer for our area of the city.

 

Picture of Drive-In Movie screen

Leave it to Gator Mike's, on Pine Island Rd. across from Cape Coral KIA, to come up with something different. They are in discussions with the city to erect a drive-in movie theater capable of accommodating 80-100 cars just east of Gator Mike's.

If you remember, there's a Mellow Mushroom Pizza restaurant also coming to the east side of Gator Mike's. That project will be in permitting soon.

Macritchie Storage Ventures, LLC out of Alberta Canada is proposing a self-storage facility with five commercial buildings in the vacant area behind Office Depot and Kohls, just east of Nicholas Parkway.

Photo of Urgent Care Buildinging

In case you missed it, Lee Health has purchased nearly 23 acres in western Cape Coral for the future site of a medical complex similar to the outpatient physician and surgical center it operates just south of the Coconut Point Mall in Estero.

Lee Health is spending about $3.7 million for the property located on SW Pine Island Rd. between Carolina Apartments and the Honc property to the west. There are no immediate plans to develop the property but as the population grows in Cape Coral the need will be there for a facility in the western part of the city. Now, you know where it will be.

A facility on SW Pine Island Rd. would be similar to the Lee Health facility at Coconut Point

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