Loading
CAPE CORAL — Construction has begun of an eight-building high-end apartment complex in Cape Coral.
The project, 123 units in phase one, is named The Apartments at the Isles of Porto Vista, according to a statement. At 3936 Pomodoro Circle, Cape Coral, it’s next to the existing Isles of Porto Vista condo community. Additional phases, the release adds, calls for an additional 105 units. Genesis IPV Properties LLC, an entity run by Aventura-based entrepreneur Bernie Offenberg, is the developer and Gates Construction, which specializes in multifamily apartments and condo construction, is the contractor.
The rentals feature one-, two- and two-bedroom convertible units, ranging from 940 square feet to 1,299 square feet. The exterior will have Italian architecture with terracotta colors of yellow and orange, the release states. Amenities include a gated entry, existing clubhouse, resort-style pool, fitness center, walking trails, a community park with picnic area and a tot-lot.
“With the shortage of affordable market-priced rental communities throughout Southwest Florida, The Apartments at the Isles of Porto Vista will help fill the need by providing affordable luxury living,” Offenberg says in the statement. “Cape Coral is one of the fastest growing cities in the state. In order to continue with this momentum, the city must be able to accommodate the housing demands of all its residents and we at The Apartments at the Isles of Porto Vista are ready to do our part.”
Your free article limit has been reached this month.
Subscribe now for unlimited digital access to our award-winning business news.
Join thousands of executives who rely on us for insights spanning Tampa Bay to Naples.
