The city of Cape Coral is seeking proposals for Bimini Basin East, a hoped-for multi-use development project to be built on city-owned acreage in the South Cape.
“The City of Cape Coral is seeking proposals from interested and qualified firms experienced in Florida to redevelop Bimini Basin East, which comprises approximately 22 acres bounded by Cape Coral Parkway, Coronado Parkway, and Tarpon Court. This recently-cleared site is a major opportunity in the City’s South Cape Community Redevelopment Area (CRA),” a release from the city issued Tuesday states.
The city and the South Cape Community Redevelopment Agency invested approximately $43,416,872 in acquisition costs for the various parcels in the project area, and $1,521,648 for demolition costs to clear existing buildings…