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Cape Coral, Florida
Cape Coral /ˈkɒrəl/ is a city located in Lee County, Florida, United States, on the Gulf of Mexico. Founded in 1957 and developed as a planned community, the city grew to a population of 154,305 by the year 2010. The city's population estimate was 165,831 for 2013 and 189,343 for 2018. With an area of 120 square miles (310 km2), Cape Coral is the largest city between Tampa and Miami. It is a principal city in the Cape Coral – Fort Myers, Florida Metropolitan Statistical Area. The population estimate for the statistical area was 679,513 for 2014. The city is known as a "Waterfront Wonderland"; with over 400 mi (640 km) of navigable waterways.
Cape Coral history began in 1957 when two brothers from Baltimore, Maryland, Leonard and Jack Rosen, flew over the peninsula known as Redfish Point, across the Caloosahatchee River near present-day Fort Myers. Cape Coral was founded as Redfish Point. Leonard and Jack Rosen, who were real-estate developers and a small group of partners, purchased a 103-square-mile (270 km2) tract known as Redfish Point for $678,000 in that year and, in 1958, began development of the city as a master-planned, pre-planned community.
The Gulf American Land Corporation (GALC), was formed to develop the area. GAC developed a marketing model that was a total departure from traditional selling methods. Approval was secured from the Lee County to master-plan the entire property into lots. Instead of listing the lots with real estate agents, GAC developed the land-sales, dinner-party model, operating from banquet rooms in local hotels. People were invited to attend by offering a free dinner for two. The model, referred to as team-selling, allowed for a well-trained team to close deals in 90 minutes. Buyers would sign a contract and agree to come to the property within six months and cancel if not satisfied. Ezio Valentini, an Italian real estate developer, joined GAC and became Director of Sales. The program was so successful that offices were opened in 24 states and an arrangement was made with an airline to charter flights to fly buyers to the property.
Instead of borrowing from banks and lenders, the developers factored the sales contracts to pay for building the infrastructure. Canals were dug, streets paved, houses and businesses built. Cape Coral was promoted like no other Florida development. Celebrities were brought in to tout the benefits of "the Cape", as it is known locally. The first building in Cape Coral was the Rosens' sales office. It was built where George's Auto now stands, at Cape Coral and Coronado Pkwys. Cape Coral's first permanent resident was Kenny Schwartz, the Rosens' general manager. Cape Coral's first four homes were completed in May 1958, on Riverside and Flamingo Drives.
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Fourth of July celebrations kicking off across Southwest Florida
Fourth of July celebrations are going on all across Southwest Florida on Monday, from free food to fireworks shows.
21 THINGS TO DO IN CAPE CORAL FOR FUN IN THE SUN
With awesome beaches and 400 miles of canals, Cape Coral is also home to good food, fun adventures, family-friendly activities, and even manatees for you to visit! Here are 21 things to do in Cape ...
Cape Coral Youth Council wins FLC’s community service contest
The Florida League of Cities (FLC) chose the Cape Coral Youth Council as the winner of the 2022 Municipal Youth Council Community Service Contest.
Report: Naples, Cape Coral, lead the the way nationally in second home prices
One answer could be found in Southwest Florida, where two markets, Naples and Cape Coral, are among the top five nationally in price increases for second homes — both in rent and for sale. Those ...
Cape Coral school awarded best licensed practical nurse program in Florida
Nursing Process announced that, out of 38 nursing schools, Cape Coral Technical College has the best licensed practical nurse (LPN) program in Florida for 2022.
Teen wakeboards through flooded Cape Coral streets
When it rains in Southwest Florida, it pours. More often than not, that leads to temporarily flooded roadways. While most people would see that as an inconvenience, there’s one Cape Coral teen that ...
Vegan Cape Coral mom found guilty in toddler son's 2019 malnutrition death
This child did not eat. He was starved to death over 18 months," said prosecutor Francine Donnorummo of Ezra O'Leary, 18 months ...
Male Therapists in Cape Coral, FL
I am a long time resident of Southwest Florida. I am a veteran of the ... Some of the most common types of mental health providers in Cape Coral are psychologists, licensed counselors, therapists ...
Cape Coral real estate: What buyers can expect in the city's four zones
Northeast, Northwest, Southeast and Southwest. They are divided by Pine Island Road and Santa Barbara Boulevard ...
Cape Coral man arrested for Collier road rage incident
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Cape Coral man arrested in I-75 road rage shooting
Deputies are investigating after shots were fired during a road rage incident near I-75 and Immokalee Road in North Naples Wednesday afternoon, officials said.
Cape Coral's Urban Buzz plans to open a Fort Myers location with franchise
Cape Coral's Urban Buzz will be opening a second location in Fort Myers and franchising its business. The new location will be on Colonial Boulevard.