Cape Coral Approves 500M Waterfront Plan

Cape Coral has approved agreements for the Bimini East redevelopment project. The public-private venture brings a 500 million dollar investment to the South Cape waterfront. The 34-acre mixed-use plan includes housing, hotel rooms, and commercial space.

The Cape Coral City Council cut a Bimini East redevelopment project deal on Oct. 21, 2026 that ties to Four Freedoms Park.

The Cape Coral City Council approved a $500 million public-private redevelopment plan on Wednesday evening to transform 34 acres of waterfront property in the United States. The Bimini East project aims to revitalize the South Cape district following damage from Hurricane Ian. The large-scale investment is designed to expand the commercial tax base and create a mixed-use waterfront destination.

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