With the Yacht Club project’s current price tag of $225 million, and guestimates nearing $300 million, Cape Coral City Council raised looking into public-private partnerships to help fund the project.
“It’s $225 million plus,” Mayor John Gunter said of plans to rebuild the razed riverfront park on Driftwood Parkway. “We will be closer to $300 million. I think we need to direct staff to broaden their approach and look for private opportunities along with what we have here.”
The first consensus given to city staff Wednesday during a council workshop was to move forward with construction of the new seawall, a starting point for any rebuild…