From July 2001 to June 2003, the commercial and industrial sector has experienced a growth rate of 12 percent.

Cape Coral is the fastest growing city in Florida and has more than 70 square miles of unimproved land within its 115 square miles of land. As one of the fastest growing cities in the United States for populations over 100,000, the Cape is projected to grow to a population of more than 400,000 by 2080. With all of the momentous development that is occurring, investment opportunities are sprouting up all over the area.

Pine Island Corridor
Zoning: Mix of commercial/mixed-use/residential/light-industrial
This 9-mile stretch of Pine Island Road passes through the heart of a fast-growing region of Lee County and is easily assessable to I-75 and U.S. 41. This investment area has infrastructure in place and is separated into a mixed-use village district and a corridor district. Each district is intended to host high-traffic generator businesses and serve as compact urban centers for shopping, entertainment and employment opportunities. View Pine Island Road Master Plan.
Acres: 2,400

Downtown CRA (Community Redevelopment Agency)
Zoning: Commercial/residential/mixed-use
The mission statement for this investment zone calls for the “emergence of a vibrant urban village where people of all ages can live, work, shop and be entertained.” This downtown area is a high traffic zone where people can park and walk to a wide range of goods and services. In an area that is designed for community redevelopment, taxes paid by businesses go back into the community. The more growth in the CRA, the more return on investment to the businesses in the area. Another advantage of a CRA is a TIF (tax incremental financing) grant can be applied when a business makes improvements to the exterior of a building or a site. View CRA Master Plan.
Acres: 455

City Centrum
Zoning: Mix of commercial/professional, mixed-use, governmental, multi-family residential and parks uses
City Centrum is located in east-central Cape Coral, near the intersection of Country Club Boulevard and Nicholas Parkway. Anchored by the governmental uses such as the City Hall, U.S. Post Office, Lee County Government Center, the district plans to become the “one-stop shopping center for governmental and professional needs.”
Acres: 278