In the latest Gulfshore Business update, hundreds of new apartment units are going up across Southwest Florida.
Apartment complex developers continue staking their claims in SWFL. Especially in Cape Coral, where land is running scarce.
Just West of U.S. 41 and on the South side of Pine Island Rd. 29 acres sold two months ago for $3.7M becoming 322 apartments.
Click here to read the full article.
You can watch the full report above.
Stories you need to know

New law prohibits insurance companies from altering claim estimates
The start of hurricane season is here, but many Southwest Floridians are still fighting their insurance companies about their Hurricane Ian claims more than eight months later. The Insurer Accountability Act aims to bring more balance between the consumer and the insurance industry. Hurricane Ian left many Southwest Floridians with insurance claim horror stories. John […]

Zotter Chocolates finds bigger Cape Coral warehouse as online sales surge
Barbara Dolleschal said she cracked the digital marketing code for Zotter Chocolates, the Austrian-based business for which she serves as stateside general manager. Dolleschal, who moved to Cape Coral with her husband Andreas “Andy” Dolleschal about a decade ago, had been receiving shipments of chocolate from Austria for about seven years at a 1,400-square-foot warehouse […]

Cape Coral prepares for hurricane season with expo at Mercola Market
The city of Cape Coral hosted a hurricane preparedness expo Wednesday at Mercola Market.

Englewood woman claims $2 million Quick Pick lottery prize
An Englewood resident claimed her $2 million Powerball prize on Wednesday at the Fort Myers district lottery office.
Don't Miss

Deadly crash on Fort Myers Beach Friday night
According to Florida Highway Patrol, the crash happened on Estero Boulevard off of Buccaneer Drive shortly before 8 p.m.

Sanibel businesses reopening after Hurricane Ian with optimistic Hurricane-season outlook
A tale of three businesses all recovering and reopening after Hurricane Ian after the long road to recovery.

FHP Trooper transported to hospital after fentanyl exposure in Charlotte County
While conducting a traffic stop, a Florida Highway Patrol trooper was transported to a hospital after being exposed to fentanyl in Charlotte County.

Everblades begin Kelly Cup Finals Saturday for back-to-back championship bid
Four wins separate the Florida Everblades from becoming back-to-back Kelly Cup Champions.