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Cape Coral Economic Development News and Events

Report: Florida's tax burden 5th-lowest in the U.S.
Florida has the fifth-lowest tax burden in the U.S., according to a new report by the personal finance website WalletHub.
Read the full report here. 

New Construction in the CRA
With summer here, the South Cape is witnessing exciting construction projects and the City/CRA is exploring opportunities to pursue a multi-million-dollar public infrastructure project to support major mixed-use and multi-family developments in the future. See the FULL LIST of projects. 

Insite Managed Solutions Moves to South Cape
The Cape Coral City Council voted unanimously to help a 13-year old locally founded and managed company expand without moving "over the bridge." Insite Managed Solutions, now located on Del Prado Boulevard at Veterans Parkway, intends to increase its current 57-person workforce, with an average salary of $76,000, to about 110 employees in the next two years. READ MORE
Insite new building in South Cape

Cabinet Genies Breaks Ground in South Cape 
On June 19th, Cabinet Genies broke ground on a new showroom in South Cape.
South Cape welcomes this new, family-run business that will draw both local and international clients. READ MORE

Cabinet Genies groundbreaking

Mercola Donates Healthy Meals to Local Hospital Staff
Mercola recently sponsored healthy, organic meals to be sent to the emergency and COVID-19 staff at Cape Coral Hospital.
Another great Cape Coral company helping out. We are Cape Coral Strong! Read More
Mercola press donations

Two Meatballs Kitchen Coming to the Cape
The new Two Meatballs will have state-of-the-art brick ovens that heat the pizza from above and below them. Patrons will be able to watch the dough being tossed from a window near the entrance from Big John’s Plaza.  Russo is hoping to open the Cape Coral location by June 1. READ MORE
two meatballs story

Thompson Thrift Retail Group Acquires Land for Mixed-Use Development in Southwest Florida
CAPE CORAL, Fla. (Mar. 5, 2020) –Thompson Thrift Retail Group (TTRG), a business unit of Indianapolis-based Thompson Thrift Development, Inc., announced today the acquisition of 13 acres of land in Cape Coral, part of the greater Fort Myers MSA in Southwest Florida. The company plans to develop a $20 million mixed-use development on the site. READ MORE
TTRG - First Watch


4th Wednesday Biz Chat
Date: 4th Wednesday of each month, January through October
Time: 11:30AM
Location: Coral Ridge Event Center, 950 S Chiquita Boulevard South in Cape Coral
Please Note:

 Biz Chat continues to grow as word spreads about the strong networking and educational opportunities that are provided to business owners and managers. Biz Chat represents a partnership between the City of Cape Coral Economic Development Office (EDO) and FGCU’s Small Business Development Center (SBDC), with regular participation from partner organizations such as the Cape Coral Chamber of Commerce, Goodwill Industries, CareerSource, SCORE, and Cape Coral Construction Industry Association (CCCIA).

Cape Coral EDO BizWalks are coordinated by Cape Coral EDO Business Recruitment/Retention Specialist Nita Whaley at (239) 574-0443. The EDO team has partnered with the Cape Coral Community Development Department, Cape Coral Chamber of Commerce, Cape Coral Technical College, CareerSource Southwest Florida, and the Florida Small Business Development Center at Florida Gulf Coast University.  From each BizWalk, the Cape Coral EDO gathers baseline data to help gauge the local business climate, enabling it to fine-tune program development.