New Construction in Cape Coral
New Construction Projects in Cape Coral, Florida
Project 1: Bimini Square
- Developer: Crown Development (Larry Nygard)
- Location: 440 Cape Coral Parkway E. (Bimini Basin / South Cape district), Cape Coral, FL
- Type: Mixed-use (residential apartments, medical/office, retail/dining, marina)
- Units/Size: 218 residential units; ~58,000 sq ft non-residential space (including two-story Lee Health outpatient clinic); parking garage; boat slips/marina
- Status: Recently Completed
- Expected Completion: Early 2026 (ribbon-cutting February 5, 2026; fully operational shortly thereafter)
- Description: Waterfront mixed-use development featuring luxury apartments with amenities like a rooftop infinity pool, Lee Health medical services, restaurants (e.g., Bimini Basin Seafood & Cocktails), retail, and marina access. It anchors revitalization in the South Cape entertainment district.[1]
Project 2: Cape Coral Grove (Coral Grove)
- Developer: L&L Development Group (with partners including Claure Group and Hilco Global)
- Location: 2301 SW Pine Island Rd (between Chiquita Boulevard and Burnt Store Road), NW Cape Coral, FL (131 acres)
- Type: Mixed-use town center (residential, hotel, retail/dining/entertainment, office, parks)
- Units/Size: ~1,200–1,312 multifamily units; 125-room luxury hotel; more than 350,000 sq ft retail, dining, and entertainment space (including movie theater, bowling, etc.); offices; two public parks
- Status: Announced / Pre-construction (infrastructure commencing)
- Expected Completion: Phased; infrastructure Summer/Fall 2026, Phase 1 vertical construction Winter/Q3 2026 onward (multi-year)
- Description: Transformative $700 million outdoor town center project positioned as a major live-work-play destination with significant economic impact projected at $1.3 billion. It includes extensive parking and community gathering spaces.[2]
Project 3: Seven Islands (Gulf Gateway Resort & Marina Village)
- Developer: Forest Development (project leads including Peter Baytarian)
- Location: Old Burnt Store Road, NW Cape Coral, FL (47 acres, waterfront on North Spreader Canal)
- Type: Mixed-use waterfront resort/marina village (residential, hotel, commercial, recreation, marina)
- Units/Size: Up to 995 residential units (mix of condos, apartments, and single-family homes); ~240-room Marriott-branded hotel; ~46,000 sq ft commercial space; 235 boat slips/marina; community center, park, and meeting space
- Status: Announced / Pre-construction (land closed early 2026; engineering and permitting advanced)
- Expected Completion: Multi-year phased development (specific timeline limited in public sources)
- Description: Large-scale waterfront destination on city-owned land featuring resort-style amenities, public spaces, and mixed residential options to create a new gathering place in northwest Cape Coral.[3]
Project 4: Hudson Creek
- Developer: Forestar Development
- Location: Burnt Store Road area, NW Cape Coral, FL (1,745 acres)
- Type: Master-planned mixed-use community (residential, retail, office, hotel, institutional)
- Units/Size: Up to 3,500 total housing units (including up to 2,500 single-family homes); assisted living; ~425,000 sq ft retail/restaurant; ~150,000 sq ft office; hotel and educational/institutional uses
- Status: Announced / Early construction (site work begun)
- Expected Completion: Infrastructure anticipated around 2027; multi-year phased buildout
- Description: Major master-planned development designed as a walkable, bike-friendly self-contained district with homes, jobs, retail, and amenities to support significant population growth in North Cape Coral.[4]
Notes: These represent the primary verifiable large-scale new construction/mixed-use projects based on city reports, developer announcements, and local news as of September 2026. Numerous smaller commercial builds (e.g., specific retail or medical facilities) and ongoing lot-build single-family home communities by builders like D.R. Horton, Lennar (including new townhome communities such as Palmetta Pines), and others exist but are not listed as singular major projects. Information on some timelines remains limited in public sources. No exhaustive list of every minor project is possible or intended.
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