New Development in Cape Coral - May 2021
Walmart ...... it's baaack!
In the recent past, we told you that the Walmart Supercenter once planned for SW Pine Island Road across from Bubbas was off the board and not going to happen.
For years there was no movement and the land was even advertised as being for sale. However, an advisory plan has been submitted to the city for a Walmart Supercenter in that very location.
Around 2015, detailed plans were moving ahead when Walmart stopped all activity. That should make it easy for them to pick right back up and fast-track the project this time around. We shall see.
I love the smell of coffee in the morning, it smells like . . . Daybreak Market
In the past, we had described all the plans for the intersection of Chiquita and Pine Island Road including changes in planning after ABC Discount Liquors of Orlando purchased the land on the northeast corner, just west of Aldi, and submitted a tentative plan for a liquor store and several small retail shops.
A site plan has now been submitted for the southeast corner, between Chiquita and Bob Evans restaurant. That plan is for a convenience store/gas station known as Daybreak Market and Fuel.
Daybreak Market & Fuel has at least 16 Daybreak and fuel-related LLCs registered in the state of Florida with two currently in permitting in Jacksonville and one that began construction in Port Charlotte in March with an expected completion date of August 2021.
The Cape Coral location will consist of a 7,188 SF convenience store, fuel pumps, and a restaurant w/drive thru.
There's more, coming to Chiquita and Pine Island Rd.
In between Daybreak Market and Bob Evans will be a new US Postal Facility known as the USPS North Cape Coral Branch according to a preliminary plan submitted May 20, 2021.
The 86 acre property just off Embers Parkway and Nelson Road has completed a traffic study as part of the approval process for their development known as Embers Lakes.
This 1,310 unit multi-family complex of 4 story buildings has been in the works for several years and is now moving ahead in a big way. Plans also include 76 electric vehicle charging stations.
Bimini Basin development on the horizon
The Community Redevelopment Agency approved a non-binding letter of intent with Roers Development for a proposed development along the Bimini Basin.
Known as "Project Dolphin," the project will be a mixed-use development, with 185 apartments, a 375-stall parking garage, 25,000 sq. ft. of commercial space, a pedestrian promenade and an 8,000 sq foot waterfront restaurant with docks, boat slips and upgraded seawall.
The project will cost about $50 million. Approximately 700 combined construction (570 jobs) and permanent retail and restaurant jobs (120) are expected to be created for a project that could spur future development.
Project Dolphin would be built on the western edge of the basin, with Cape Coral Pkwy on the northern boundary. Groundbreaking is anticipated in late summer 2022 with completion by the end of 2023.
Roers, last year, completed construction of a $50 million, 319-unit multi-family development called "Cape at Savona," located on Savona Ave. just west of Chiquita Boulevard.
The Community Redevelopment Agency also entered into a letter of intent with Flaherty & Collins Development to develop the property between Cape Coral Parkway and SE 47th Terrace, SE 8th and SE 9th Streets.
The developer plans to use the entire block and construct a mixed-use building with approximately 280 luxury apartments, 18,000 square feet of commercial space; and a 525-stall parking structure with the first two levels reserved for public use.
Plans are expected to be submitted in the fall, with groundbreaking expected for Spring 2022. Amenities include a pool and courtyard, lush street landscaping, and possibly, outdoor dining.
