Midwest developer plots Florida debut with major mixed-use project

A $64 million mixed-use project marks several milestones for Cape Coral. And city boosters and officials believe the Southwest Florida locale is on the cusp of even bigger things.

  • By Mark Gordon
  • | 11:00 a.m. July 22, 2021
  • | 0 Free Articles Remaining!
COURTESY. MAIN ART. Courtesy. The Cape at 47th is on a 3.9-acre site between SE 9th Place and SE 8th Court in Cape Coral.
COURTESY. MAIN ART. Courtesy. The Cape at 47th is on a 3.9-acre site between SE 9th Place and SE 8th Court in Cape Coral.
  • Commercial Real Estate
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Like many Midwest developers, Indianapolis-based Flaherty & Collins Properties, which specializes in urban infill projects with a multifamily component, has long coveted the Florida market. Most of the reasons are relatively familiar, from chasing a compelling supply and demand dynamic to the firm’s CEO, David Flaherty, owing a condo in Naples.

 

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