Based on workforce data and the Future Land Use plan, the city can be a preferred location for office and company headquarters; and for high-value added manufacturing. Cape Coral is one of the largest master-planned communities in the nation.

Founded in 1970, the city was designed to be a “water wonderland” that is strategically located between Tampa and Miami. The Cape is a widely renowned place to live and is a vibrant and youthful city, where businesses thrive, and life is rich with educational, cultural and recreational opportunities. Cape Coral’s population has surpassed 165,000 residents and 8000 businesses, and the growth continues. About 45% of the city’s residential lots are developed. At build-out, the Cape’s population is estimated to be more than 400,000.

The Cape Coral Economic Development Office is available to assist investors and businesses to establish a successful business, provide information on incentives, property location and direction as they navigate through the relocation and construction process.

Cape Coral Economic Development Office
Local: (239) 574-0444 Toll Free: 1-866-573-3089

Top Reasons Why Cape Coral Is the Right Fit For Your Business

Momentous Growth!
Your market is here! Cape Coral is the 5th fastest growing city in the United States and the 3rd largest geographically in Florida at 120 square miles.

Strategic Location:
Cape Coral is the midpoint city between Tampa and Miami. Almost 75 percent of Florida’s population is within 150 miles of Cape Coral and easily accessible via I-75. The Cape is 6 miles from I-75 and even closer to U.S. 41. Southwest Florida International airport is only 15 miles away.

Youthful, Educated Labor force:
About 50 percent of the population is age 45 or younger, and the median age is 43. The fastest growing population segment in Cape Coral is among the 45-54 age group according to the US Census. Businesses can choose from a pool of more than 383,000 skilled workers from the tri-county area.

Investment Opportunities:
With a total of 120 square miles of land, Cape Coral is the 3rd largest city in Florida in terms of land mass. The city offers three distinct investment zones (City Centrum, Pine Island Road Corridor and Downtown CRA), which have more than 6316 acres for commercial/industrial land, two industrial parks as well as two Free Trade Zones.

Resource Availability:
Aggressive plans are in place to provide water/sewer/irrigation. Telecom companies provide fiber optics and other advanced services all over the Cape. The Reverse Osmosis plant in Cape Coral offers a plentiful and reliable supply of potable water. Roadways are established, and traffic flows easily. In fact, the Cape Coral/Ft. Myers area was ranked No. 5 in the 2003 America’s Most Drivable Cities report by MSN House & Home.

Affordable Cost of Living:
The City of Cape Coral (as with all of Florida) has no personal income tax. Reasonably priced housing is available with the median house price is $268,200 (2006). Residents enjoy low taxes, efficient City services and a positive economic climate.

Tropical Lifestyle / Waterfront Living:
Take pleasure in Cape Coral’s tropical lifestyle. The city has 400 miles of freshwater and saltwater canals, gulf access, waterfront sports, community activities and low crime rates. Cape Coral is the third safest city in Florida for populations over 100,000 according to the Florida Department of Law Enforcement.

Emerging clusters:
Businesses and industries, such as aerospace, marine fabrication, defense contracting, transportation and the business services sector, make their home in Cape Coral.

Pro-Business Attitude:
The City of Cape Coral’s Economic Development Office works to create a pro-business climate that helps businesses to succeed and grow in an explosive market. INC Magazine ranked Cape Coral-Fort Myers Metropolitan Statistical area #1 for doing business among cities over 100,000. Milken Institute lists Cape Coral-Fort Myers MSA 2nd in its top performing cities for job creation in its 2005 index. The MSA has ranked no lower than third over the past 4 years