Groundbreaking for Bimini Square Project set to begin in Cape Coral

Reporter: Asha Patel Writer: Nicholas Karsen
Published: Updated:
Bimini Square Project
Digital concept of the Bimini Square Project coverage in Cape Coral. Credit: The City of Cape Coral

Luxury apartments and restaurants are coming to the Bimini Basin in Cape Coral, much to the dismay of residents.

The groundbreaking for the Bimini Square Project will begin Thursday morning and will span between Cape Coral Parkway to Palm Tree Drive and Sunset Court.

Locals are upset about the potential for more traffic in Cape Coral.

The Bimini Square Project will sit on six acres of land overlooking the Bimini Basin. Some features will include a deep lagoon waterfront restaurant, 218 residential units, and more than 58,000 square feet of nonresidential space.

Concept art for the Bimini Square Project. Credit: The City of Cape Coral

A parking garage and slips for boat owners will also be available, allowing boaters to travel to Bimini Square by water.

City leaders and developers claim the project will bring in more residents and jobs for Cape Coral.

The expected completion date for the project is the fall of 2025, and when it’s all said and done, the property is said to cost $120 million.

A groundbreaking event was held Thursday morning.

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