Cape Coral’s History gives way to the strategic setup for Florida’s second largest city by land mass.

Economic Development Office | Business Environment
Top 10 Reasons Cape Coral is the Natural Fit for Your Business
Cape Coral's Business Environment is ideal for business start-ups, expansions, or relocations.  Cape Coral ranked among the best places to open a  business in the U.S. (Bizjournals 2009)  Our public and private sector partners have demonstrated commitment to  encourage business growth and diversification of the economy.  Learn why Cape Coral is the right fit for your business and contact our Cape Coral Economic Development Office today for assistance with relocating or expanding your business to Cape Coral, Florida.
The Cape Coral Area Ranked:

"Cape Coral ranks
in Top Ten Places
to Open a Business"
(Biz Journals, 2009) 

Top Mid-Sized “Economic Development
 Hot Spot” 
(Expansion Management, 2008)

#1 for Doing Business among Cities over 100,000 
(INC Magazine, 2007) 

#1 Community in the Nation for Job Growth 
(Forbes.com, 2007) 

#1 “Best Performing Cities” 
(INC Magazine, 2006)

Cape Coral's Ideal Business Environment


Economic Business Environment - Cape Coral


Your Market is Here in Cape Coral’s Ideal Business Environment

Cape Coral is the largest city in Southwest Florida, strategically located between Tampa and Miami, 160 miles southwest of Orlando.  Based on workforce data and its Future Land Use plan, Cape Coral can be a preferred corporate relocation destination due to its growing ideal business environment. The Cape Coral growth engine is fueled by population growth, and the economic business environment will be sustained by investment in commercial and industrial development. 
Business-Friendly Is Our Business

Business Environment
Advantages for Corporations

A combination of factors provides a low cost of doing business in Cape Coral. Our city has no public service-tax, and Florida has a low corporate income tax rate and no personal income tax. In fact, Florida has the fifth most business-friendly tax system in the U.S., according to the Tax Foundation’s 2010 State Business Tax Climate Index (September 2009). Businesses enjoy the following advantages in Cape Coral:

 

Customized Economic Development Incentives
Business-friendly processes: Your timeline is our timeline!
Customer Advocate Program
No Public Service Tax, Low Corporate Income Tax Rate, No State Personal Income Tax
Florida is a Right-to-Work State
Ranked in the Top Ten for Best Business Climate in a Survey of Corporate Real Estate Executives (Site Selection Magazine, 2009)

Learn more about Tax Advantages for Corporations in Cape Coral.

The Cape Coral Economic Development Team serves as your liaison and advocate at any phase of your business development.  Read more about how we can help you succeed. Contact our Cape Coral Economic Development Office today for assistance with relocating or expanding your business to Cape Coral, Florida.

Cape Coral's responsive local government has demonstrated commitment to encouraging business growth and diversification of the economy. An example of Cape Coral's ideal business environment is the addition of an economic element to the City's comprehensive plan that codifies priorities for business attraction and growth. 

 

The City has a commitment to expanding public infrastructure, restraining taxation, and streamlining permitting and inspection processes. The City’s Community Development Department – responsible for land planning, permitting and inspections – has adopted leading-edge technologies to increase efficiency and customer satisfaction. 
 

Unparalleled Potential for Your Business
Our strategic location and excellent infrastructure, paired with an unparalleled quality of life and the relaxing Florida lifestyle make Cape Coral: A Natural Fit for Work and Play. Our area ranked as the Top Mid-Sized “Economic Development Hot Spot” area in the U.S. Our economic business environment offers businesses the best chance of growing and prospering. (Expansion Management, 2008)

Cape Coral is the only city in Southwest Florida with an Economic Development Office dedicated to creating and improving an ideal business environment while conducting global marketing and assisting business investment with financial incentives. The Economic Development Office works to create a pro-business environment that helps businesses to succeed and grow.

Our city prides itself on its home town atmosphere, patriotism and global outlook. Cape Coral’s real estate was marketed and sold to people from nations throughout the world. Cape Coral is home to more than 6,000 businesses and a growing number of Cape businesses – both foreign and U.S. owned – are exporting their goods and services globally. Due to its ideal business environment, Cape Coral has truly become a fast-growing, bustling city.

American City Business Journals, Inc. ranked the Cape Coral MSA in the top 10 in job creation in the year 2007, with a five-year growth rate of 32.2%. Our city's ideal economic business environment led to unprecedented investment in new retail, office and industrial buildings. In 2006, the city inventory of office space increased by 788%. This historic increase provides companies with competitive space for expansion and relocation. Over the next years, Cape Coral’s commercial and industrial sector experienced a growth rate of 12 percent.
Surplus/Leakage Factor by Industry Subsector
Source:  ESRI and infoUSA®.                         <Surplus   Leakage>

Cape Coral’s economic business environment supports business expansion.
Business Opportunities
Even though Cape Coral is home to more than 6,000 businesses, our business friendly environment creates plenty of potential for start-ups or expansions.

This potential is expressed in the relationship between consumer demand and current business capacity. In consumer retail, for example, demand does still exceed supply for most industry groups. This Leakage/Surplus Factor presents a snapshot of retail opportunity.

Learn more about Cape Coral Business Opportunities.
City of Cape Coral
Economic Development Office

 

City Hall
1015 Cultural Park Blvd.
Cape Coral, FL 33990 
P: (239) 574-0444
F: (239) 547-0452
T: (866) 573-3089
http://bizcapecoral.com
Email:ecodev@capecoral.net

 


Copyright 2010 by The City of Cape Coral