Here we Grow - Development Preview for 2023
Here’s an idea for starting off the new year. Take a drive around the Northwest Cape and commit what you see to memory. By the end of 2023, things may look a lot different than they do today.
You can see what we mean already with shovels in the dirt currently for several projects along Pine Island Rd. Groundwork is underway at Coral Shores for an Achieva Credit Union going up on the west side of the 7/11. Ground has been broken for the “Springs at Coral Shores,” a 308-unit apartment complex, with two national (but unnamed) restaurants along Pine Island Rd. just east of McDonald's.
The Latigo Group is well into building infrastructure for a 444-unit apartment complex called “The Hadley” on the east side of Chiquita between Embers Pkwy. and Pine Island Rd. Latigo Group is a high-end builder out of Los Angeles and had been busy in Florida recently.
“The Club” is a 195-unit apartment complex on the west side of the Sam’s Club parking lot off Pine Island Rd. We did a You Tube video on this in Spring 2022 looking at an empty field. It is empty no more and “The Club” is well on its way to taking shape.
As we reported a year before construction started, an ABC Liquor store is going up on the northeast side of Chiquita and Pine Island Rd. Across the street on the south side of Pine Island Rd. is a US Postal Center and a Daybreak/Union 76 convenience store and gas station. They will be joined by a 20,000 sq ft Goodwill Store, located on the west side of Aldi, that is currently in permitting.
The following projects have just recently filed for Site Development and/or Commercial Construction permits. This means they’re out of the talking stage and into the moving forward stage, so we believe there is a very good chance you’ll see ground being broken in 2023 for the following:
The “Atlantica at Cape Coral” is a 380-unit apartment complex that will be across Pine Island Rd. from Carolina Apartments. Two commercial buildings would front the development.
The Cape Coral Town Center, also known as “Coral Grove” is a mixed-use development with 300 apartments in phase I followed by retail, restaurants, and a hotel in an environment that could very well make it a destination location for Cape Coral. It will span the area between the electrical plant and Bubbas on Pine Island Rd. See “Coral Grove” on the NWNA website for more details.
“Pine Island 300” is the working title for a 300-unit multi-family project with two commercial buildings in front. It will go between the German American Club and “Stor Quest” Storage on Pine Island Rd.
A couple of blocks north of the Pine Island Kohl’s is the 26-acre, 412-unit, $120 million “Siesta Lakes” development on La Paz Terrace. On the back burner for years, the site was purchased by Shoreham Capital in early 2022. Their goal is to deliver best-in-class amenities to Cape Coral’s growing population. Well see soon if they can deliver as they’ve just applied for permits to get the project rolling.
Back by Burnt Store Rd., permits have been sought for the land on the west side of Veterans and the north side of Pine Island Rd. In public hearings, the project was described as a mixed-use development. Early projections called for 6 multi-family buildings with 500 apartments, retail, restaurants and a hotel. Check out the developer Gilbane Development on-line to see what they’re capable of.
Further west, The Matlacha Fire Dept. is seeking to get Lee County approval for a helipad to be built next to their station on Pine Island Rd. Lee County is also reviewing a plan to open a used car lot/rental car business at the old welcome center on the south side of Pine Island Rd. just as you enter Matlacha.
At Burnt Store Rd. and Tropicana, across from the 7/11, a storage facility is working its way through permitting. It will consist of six 2-story buildings for climate-controlled storage.
Further north is the RV Resort at Tranquility Lake. Phase I is complete and Equity Lifestyles Properties is hosting FEMA trailers there for Hurricane Ian victims while Phase II and III are being constructed. At completion, the Resort will have a capacity of 500 RVs.
The Surfside Outpatient Center on Surfside and Veterans Pkwy will be getting a 14,000 sq ft expansion that will add more specialty services and a comprehensive rehabilitation center.
While we predict these projects will begin in 2023, there are many variables that could change things such as economics or natural disasters. In case you were curious, these projects account for over 2,500 new apartments in the NW Cape area not to mention 500 RV spaces for visitors the area.
Keep in mind that there are other projects in the discussion phase with city staff that will bring more amenities and many more residential units to our area, but we’ll talk about them at a later date.
Photo overview of Coral Grove coming to Pine Island Rd
Back at the dawning of 2023, we told you about the name change from Cape Coral Town Center to Coral Grove and that the project was gaining steam. Our article had several photos of what it might look like on the inside but now we’ve got a picture from overhead. If you drive down Pine Island Rd. you can see a sign for the development with this photo on it. But, we’ll provide it here for your safety so you won’t have to take your eyes off the road when you drive by.
Coral Grove features a Town Park surrounded by specialty stores, retail, and places to eat and drink.
The developer, is L&L Development Group, part of L&L Holding Co. of NY City. With high visibility projects in NY City, their first South Florida venture is the mixed-use Wynwood Plaza in Miami. There are several phases with infrastructure and a 300-unit Multi-Family development as Phase I. The construction contractor is Brooks and Freund, who built some of the most familiar projects in our area. This includes The Palms of Cape Coral, Midtown Apts., Aspire Apts., and Savonna Apts.
For more information or email updates go to these two websites: coral-grove.com and authenticff.com. You can also check our previous stories on this development at Nwcape.com.