Cape Coral: A Market on the Rise
Ranked as the top location in the U.S. for job gains, this city has much to offer.
According to recent census data, Cape Coral, Florida’s population jumped by 16%, to more than 175,000 year-round residents. With an average of 266 days of sunshine a year, it’s no wonder Cape Coral continues to grow with rapid speed.
Forbes Magazine reports the Cape Coral MSA ranks No. 1 in the nation for recent job growth, noting that the arts, entertainment, recreation and construction industries are more than double the national average (July 2016). As the largest city in Southwest Florida, Moody’s Analytics consistently ranks the Cape Coral MSA in the top 10 U.S. areas for future job growth.
CEO’s from across the country point to Florida as the No. 2 best state in the nation for doing business, thanks in large part, to fewer restrictions and no state income tax (Chief Executive Magazine, 2016). The sunshine state is known for its pro-business tax policies, competitive cost of doing business and streamlined regulatory environment.
A few things to know about Cape Coral:
- This community is home to nearly 400 miles of navigable canals—more than anywhere else in the world–making it ideal for marine services, ecotourism, and more
- As the 10th largest city in Florida, Cape Coral is home to a large, talented workforce backed by stellar workforce training programs
- Home to state-of-the-art water and utilities infrastructure
- Projected to grow to more than 400,000; only 47% built out today with room to grow
- Ideally suited for medical, light manufacturing, corporate headquarters and back office operations
- New high-end conference center being built at the waterfront Westin Resort will be another draw for business leaders from around the world
Today’s market conditions are ripe for investing in and relocating your business to Cape Coral.