CAPE CORAL – Cape Coral’s Seven Islands project is moving closer to reality as city council meets with a developer to discuss the 48-acre development along Old Burnt Store Road.
The project, featuring seven man-made islands, has been in the works for nearly a decade. City leaders say tonight’s meeting is a key milestone, with council considering a development agreement with a selected developer.
Mayor John Gunter said, “This is something over the last seven years that we’ve kind of designed and put a project, you know, to paper. And so now that we’ve went through that process, we’ve done all that vetting, and it’s changed. And this project, you know, has grown in many different ways over the course of the last seven years, but we wanted to make sure that we got the project right. That’s why we took our time.”
If approved, the city would sell the property with the understanding that the project will be built as designed. The development is expected to bring restaurants, businesses and new amenities to Cape Coral’s northwest.
The city council meeting began at 4:00 p.m. If the agreement is approved, the developer could close on the property as early as next month, with construction moving forward once permits are approved.