Cape Coral: A Strategic Location
Ranked among the fastest-growing cities in the nation, Cape Coral is ideal for developers seeking new projects.
Ranked among the best places to live and do business, and located in the tax-friendly state of Florida, Cape Coral is a top contender for corporate relocations and business expansions for companies worldwide.
Cape Coral—the 8th largest city in tax-friendly Florida—offers abundant opportunities for commercial investment. At 120 square miles, this Southwest Florida city is the third largest by land mass in the state. Forbes magazine reports that the Cape Coral metro area is among the top 10 fastest-growing cities in the nation for jobs and population (Moody’s Analytics, 2018).
The Sunshine State consistently ranks among the top 10 best states for its cost of doing business because there is no state income tax, and Florida offers a competitive workforce environment and streamlined, pro-business regulations. Corporate headquarter executives from the mid-west to the northeast are increasingly choosing to expand their operations in Cape Coral. With so much to see and do, millennials are also discovering that our city is an ideal place to live, work and play.
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 recreation and many compatible business sectors.
- Ideally suited for tech/biotech, medical/healthcare, light manufacturing, and back office operations.
- Cape Coral has a large, available workforce within close proximity to several higher education institutions, including Florida Gulf Coast University, where college graduates are often recruited to fill available positions.
- With a projected buildout of around 400,000, the city is just 47% built out today with an average annual growth rate of 2 percent.
- New commercial centers, hotels and other major projects are underway throughout the city, and a partnership is being sought for mixed-use redevelopment at a prime waterfront in South Cape, the city’s historic business district.
Today’s market conditions are ideal for investing in and relocating your business to Cape Coral. Contact the city’s EDO team to find the best suited site today.
Cape Coral’s growth engine continues to be fueled by population growth, and the business environment will be sustained by investment in commercial and industrial development.
The state offers a competitive cost-of-doing-business environment and is consistently ranked as one of the top pro-business states in the country.
Cape Coral is one of the largest master-planned communities in the nation with modern infrastructure systems in place. Cape Coral is well-served with the essential utilities, roads and telecommunications resources that are necessary to support growth.