Catalytic Redevelopment Site in Cape Coral\u2019s South Cape<\/p>\n
Bimini Basin East is a major redevelopment opportunity located in Cape Coral\u2019s South Cape Community Redevelopment Area (CRA), encompassing approximately\u00a022 acres\u00a0bounded by Cape Coral Parkway, Coronado Parkway, and Tarpon Court. Just one block east of the Bimini Basin, this urban infill site presents the rare chance to shape a new mixed-use district that complements the city\u2019s signature waterfront character while revitalizing underutilized land at the center of downtown South Cape.<\/p>\n
The site offers potential views of the Bimini Basin and seamless proximity to Cape Coral\u2019s\u00a0400-mile navigable canal system\u2014one of the largest in the world. These canals connect through the Bimini Basin to the Caloosahatchee River and onward to the Gulf of America, providing exceptional opportunities for recreation and marine access. Proposals that thoughtfully integrate the adjacent city-owned Four Freedoms Park may further elevate the project by incorporating public waterfront elements, marine amenities, or view corridors.<\/p>\n
Development Vision<\/p>\n
The City\u2019s vision for Bimini Basin East supports the creation of a vibrant, walkable district that includes:<\/p>\n
Mixed-use buildings with ground-floor retail and upper-level residential or hospitality uses City Investment & Redevelopment Momentum<\/p>\n The demolition of obsolete structures was completed in June 2025, clearing the way for transformative redevelopment. With momentum building in the South Cape\u2014bolstered by nearby projects such as The Cove at 47th,\u00a0Slipaway Food Truck Park Marina<\/a>, and Bimini Square\u2014this site represents a high-visibility, city-supported investment zone for a new signature destination that blends coastal living with commercial development.<\/p>\n The CRA will issue Requests for Proposals (RFPs) for redevelopment by mid-year, with responses due by late summer and developer negotiations expected in the fall. Contract awards could follow by the end of the year, setting the stage for construction in 2026.<\/p>\n Bimini East held an open house for developers on June 24, 2025. At the event, the City shared its vision for the location and the current and future stages of its process.\u00a0Click here to view the presentation shared at the open house.<\/a><\/p>\n
\nArchitectural styles and residential formats that reflect the evolving character and lifestyle appeal of the South Cape
\nPublic gathering areas, outdoor dining, and art-enhanced streetscapes
\nStrong pedestrian connections to Bimini Basin,\u00a0The Cove at 47th<\/a>, and\u00a0Bimini Square<\/a><\/p>\n