Coral Grove

Cape Coral Grove is a transformative 131-acre mixed-use town center rising along the north side of SW Pine Island Road between Chiquita Boulevard and Burnt Store Road in northwest Cape Coral, adjacent to Bubba's Roadhouse & Saloon.

Poised to become the most significant commercial development in the city’s history, Cape Coral Grove will introduce a true hometown destination for residents — a vibrant place to live, shop, dine, work, and gather without needing to cross the bridge to Fort Myers.

Backed by a $700 million private investment, the project is expected to generate an estimated $1.3 billion in economic impact for the City of Cape Coral, helping shape the future of the community for generations to come.

Project Overview:

• ~1,200 upscale apartment residences
• 125-room luxury hotel
• More than 350,000 sq. ft. of retail, dining, and entertainment space
• Entertainment anchors include a movie theater, bowling alley, live music venue, and comedy club
• Two public parks open to all residents
• 5,412 free surface parking spaces throughout the site
• Up to 200 annual community events including farmers' markets, outdoor concerts, and wellness pop-ups

Construction Timeline:

• Summer/Fall 2026 – Commence infrastructure construction
• Winter 2026 – Commence Phase 1 Building Construction
  • Anchor tenant
  • Initial segment of the Towncenter
  • Bldg #1 Multifamily

Location: 2301 SW Pine Island Road, Cape Coral, FL 33991

Website: capecoralgrove.com

"Cape Coral Grove is going to be a transformational project for the city of Cape Coral. For decades, our residents have asked for a place to come in the Cape where they don't have to travel across the bridge — a place to meet, a place to gather, a place to shop and just enjoy the evening. And this town center is going to be that project."

— City Manager, Michael Ilczyszyn