Cape Coral, FL — The Cape Coral Community Redevelopment Agency (CRA) will hold a pivotal special meeting Wednesday morning to discuss two significant agenda items: the Bimini Basin District and the former Cape Coral Golf Club. The meeting is set to address crucial decisions that could impact the future development of the city.
Key Meeting Agenda: Bimini Basin District and Golf Course Acquisition
During this special CRA meeting, commissioners will deliberate on an interlocal agreement between the City of Cape Coral and the CRA regarding a major property acquisition in the Bimini Basin District. The resolution under consideration involves a contract for the purchase of property known as Bimini East, at a substantial contract price of $40,089,504. This acquisition is aimed at enhancing development prospects in the eastern part of the CRA’s Bimini Basin District.
The second major item on the agenda involves a resolution to approve the CRA’s contribution of $5,395,643 towards the purchase of the old Cape Coral Golf Club. The City of Cape Coral has secured a contract to buy this property, located at 4003 Palm Tree Blvd, which encompasses approximately 175 acres, for $10,400,000. This property has been under the ownership of Florida Gulf Venture, LLC and has been closed since 2006.
Revitalizing Blighted Areas: The Future of the Old Golf Course
The former Cape Coral Golf Club property, which has been a source of blight in the community since its closure, was incorporated into the CRA’s expanded boundaries in 2009. The resolution authorizing the purchase of this land, Resolution 260-24, marks a critical step in addressing long-standing community concerns and paving the way for new developments.
By acquiring the old golf course property, the CRA aims to eliminate blight and introduce transformative changes that will benefit the entire community. This redevelopment initiative is expected to open doors to new opportunities, enhancing the city’s overall appeal and functionality.
Mayor’s Statement: A Step Forward for Cape Coral
“This vote represents a significant victory for our community,” stated Cape Coral Mayor John Gunter. “By revitalizing these areas, we are not only addressing blight but also creating new opportunities and demonstrating the resilience and strength of Cape Coral.”
Why This Land Purchase Matters
The acquisition of the former Cape Coral Golf Club is more than just a real estate transaction; it represents a commitment to revitalizing the city and fostering sustainable growth. With the CRA’s efforts to redevelop this blighted area, Cape Coral is poised to benefit from increased property values, enhanced community amenities, and a stronger economic outlook.
The decision to invest in these properties reflects the CRA's ongoing mission to transform Cape Coral into a vibrant, thriving community. For further updates on this meeting and the potential impacts of these purchases, stay tuned to local news and the Cape Coral City website.
People also ask:
What Happened to the Old Cape Coral Country Club?
The old Cape Coral Golf Course, once a prized asset for the city, has been left to languish with overgrown grass and trees for nearly a decade. The city is now taking steps to revitalize this neglected area by moving forward with a contract to purchase the land. This acquisition represents a significant effort to restore the property’s former glory and revitalize the community.
What is Florida’s Oldest Golf Course?
Florida's oldest golf course is Belleair Country Club, established in 1897. This historic course has been a fixture in the state’s golfing scene for over a century.
Does Cape Coral Have a Golf Course?
Yes, Cape Coral boasts Coral Oaks Golf Course, an 18-hole championship course designed by Arthur Hills. Nestled within a century-old oak hammock, it offers a challenging and picturesque golfing experience.
When Was the Cape Coral Yacht Club Built?
The Cape Coral Yacht Club had its bustling beginnings with the arrival of the Rosen brothers, who played a key role in the city's early development. According to records from The Cape Coral History Museum, the original Yacht Club officially opened its doors on June 10, 1962.
4020 Del Prado Blvd S. Unit B2, Cape Coral, FL 33904
O. (239)770-5429
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