Bimini East Development

As of January 2026, the Bimini East development project is a major urban revitalization effort in Cape Coral’s South Cape Community Redevelopment Area (CRA).
Bimini Project Overview
- Location: Approximately 22 acres bounded by Cape Coral Parkway, Coronado Parkway, and Tarpon Court.
- Zoning & Density: Zoned for Mixed-Use Bimini, allowing for a maximum density of 125 dwelling units per acre and heights up to 12 stories (160 feet).
- Vision: The city envisions a vibrant, walkable district featuring:
- Mixed-use buildings with ground-floor retail and upper-level residential or hospitality.
- Public gathering spaces, outdoor dining, and art-enhanced streetscapes.
- Potential integration with the adjacent city-owned Four Freedoms Park to enhance waterfront public access and marine amenities.
- Strong pedestrian links to nearby major projects like Bimini Square and The Cove at 47th.
Current Status (2026)
- Site Preparation: The City and CRA invested over $45 million to acquire and clear the land. Demolition of nearly 50 obsolete structures was completed in June 2025.
- Developer Selection: The city issued a Request for Proposals (RFP) in late 2025, with a submission deadline of October 30, 2025.
- Timeline: Developer negotiations were slated for late 2025, with the goal of awarding contracts and beginning construction by 2026. The full project is estimated for completion by 2030.
What’s Nearby Context
- Bimini Square: Located just west of the project, this $125 million development is scheduled for overall completion around January 2026. It features 218 luxury apartments, Lee Health medical offices, and the waterfront Deep Lagoon Seafood and Oyster House.
- The Cove at 47th: A $103 million project that opened in early 2025, providing nearly 300 residential units and additional retail space to the downtown core.
Businesses in the Bimini East Area
The Bimini East development is being designed as a vibrant, walkable “live-work-play” urban district, and the city’s vision includes a variety of business types to support this lifestyle. The types of businesses likely to open will fall under the following categories:
Retail and Dining
The project emphasizes ground-floor retail and outdoor dining to create an engaging streetscape. Likely businesses include:
- Restaurants: A range of dining options, from fast-casual to more upscale waterfront establishments, including potential integration with the adjacent Four Freedoms Park area for marine access.
- Specialty Shops/Boutiques: Retail spaces that cater to residents and visitors, avoiding large “big box” stores or strip malls.
- Cafes and Eateries: Businesses like coffee shops or other small food service operations that support a walkable community.
Hospitality and Entertainment
A key component of the vision is attracting visitors and providing entertainment options.
- Boutique Hotels: The city specifically mentioned a boutique hotel as a possibility to provide accommodation for visitors and business travelers.
- Craft Breweries/Bars: A craft brewery or similar entertainment venue has been discussed as a potential draw.
- Public Amenities: Potential additions like an observation tower or a boardwalk to enhance the waterfront experience are also being considered.
Services and Office Space
The “work” aspect of the live-work-play vision includes professional services and office space integrated into mixed-use buildings.
- Professional Offices: Spaces for various professional services, such as real estate, legal, or financial firms.
- Services: Other types of personal or business services that support the local population.
Marine Amenities
Given the proximity to the Bimini Basin and access to the Caloosahatchee River and Gulf of Mexico, marine-related businesses are a possibility.
- Marinas and Boat Slips: New marine amenities and boat slips could be incorporated, complementing the nearby Slipaway Food Truck Park & Marina development.
Selecting Businesses for Bimini East
The selection criteria for businesses in the Bimini East development are primarily based on how well they align with the City of Cape Coral’s vision of creating a vibrant, walkable, “live-work-play” urban district that emphasizes public gathering spaces, architectural appeal, and strong pedestrian connections.
Key Criteria for Business Selection
- Mixed-Use Integration: Businesses must be suitable for integration into mixed-use buildings, likely with ground-floor retail/commercial space and upper-level residential or hospitality uses.
- Urban & Walkable Environment: The businesses should support an urban, pedestrian-friendly environment and avoid the format of “big box” stores or traditional strip malls.
- Architectural & Lifestyle Alignment: Proposed businesses should complement architectural styles and residential formats that reflect the evolving character and lifestyle appeal of the South Cape.
- Public Interaction & Engagement: The vision encourages businesses that foster public gathering areas, outdoor dining, and art-enhanced streetscapes.
- Synergy with Nearby Developments: Businesses should have strong pedestrian connections and synergy with adjacent projects like the Bimini Square and The Cove at 47th, leveraging the existing momentum in the area.
- Waterfront Integration (Potential): Proposals that thoughtfully integrate with the adjacent Four Freedoms Park and the Bimini Basin area, potentially incorporating public waterfront elements or marine amenities, are highly valued.
- Economic Viability & Innovation: The city is seeking proposals that represent a high-visibility, city-supported investment zone for a new signature destination, which implies a focus on economically viable and innovative business concepts.
- Incentive Program Participation: Developers can gain additional commercial intensity, density, and height allowances by participating in the Bimini Basin Redevelopment Incentive Program (BBRIP), which requires providing public benefits to the community.
Ultimately, the selection of specific businesses will be managed by the chosen master developer, whose overall proposal for the site must meet the city’s comprehensive vision and requirements outlined in the Request for Proposals (RFP).
Bimini Basin Redevelopment Incentive Program (BBRIP) is a voluntary, performance-based program designed to encourage high-quality, mixed-use development in Cape Coral’s Bimini Basin district. As of January 2026, it serves as a primary tool for developers to exceed standard building restrictions in exchange for providing clear public benefits.
Key Developer Incentives
The BBRIP allows developers to increase the scale and profitability of their projects beyond “baseline” zoning levels:
- Increased Residential Density: Baseline density is typically 20 dwelling units (DU) per acre. Participation in BBRIP can double this to a maximum of 40 DU per acre.
- Commercial Intensity (FAR): Developers can increase their Floor Area Ratio (FAR) above the baseline, which ranges from 0.75 to 2.00 depending on lot size and street frontage.
- Building Height: The program awards greater height allowances, supporting the city’s vision for structures up to 12 stories (160 feet) in the Bimini East zone.
Requirements for Participation
To qualify for these bonuses, developers must demonstrate that their projects enhance the quality of the district and provide specific community advantages. Common criteria include:
- Public Benefits: Integrating gathering spaces, art-enhanced streetscapes, or improved pedestrian connectivity.
- Design Quality: Meeting higher architectural standards that reflect the “signature waterfront character” of the South Cape.
- Infrastructure Support: This may include contributions to public parking, boardwalks, or public marine amenities.
Related Programs in the South Cape CRA
Developers in the Bimini East area may also leverage broader South Cape Community Redevelopment Agency (CRA) incentives:
- Breaking Barriers to Business (B2B): Grants to assist with costs incurred while meeting Land Development Code requirements for new or renovated facilities.
- Cape Collaborates: A small business partner program offering zero-interest, five-year forgivable loans for businesses with fewer than 10 employees.
- Business Investment Grants (BIG): As of early 2026, these grants are used to attract target industries to the area, though eligibility excludes certain uses like self-storage.
As of January 2026, the Bimini East development project is moving from site preparation into the active developer-selection phase.
Current Project Status
- Site Readiness: Demolition of nearly 50 obsolete structures on the 22-acre site was successfully completed in June 2025.
- Procurement Phase: As of mid-January 2026, the project is under a “cone of silence” as the city evaluates proposals from the Request for Proposals (RFP) issued in late 2025.
- Negotiations: City staff are currently in active negotiations with the top-ranked development firm.
Anticipated Timeline
- Early 2026: Finalization of the development agreement and contract award.
- 2026 – 2027: Engineering, final design, and permitting phase, which is expected to take approximately two years.
- Late 2026: Potential start for initial infrastructure and site work following the execution of development agreements.
- 2030: Estimated target for full project completion and readiness for occupancy.
Related Area Milestones
- Bimini Square: Located immediately west, this project is expected to be substantially complete by January 2026, with restaurants like House of Omelets and Bimini Basin Seafood and Cocktails opening in early 2026.
- Infrastructure Support: A streetlighting reliability project along Cape Coral Parkway using the Bimini East site for staging is scheduled for completion in Spring 2026
The Bimini Basin Redevelopment Incentive Program (BBRIP) in Cape Coral
The Bimini Basin Redevelopment Incentive Program (BBRIP) is a voluntary initiative in Cape Coral designed to revitalize the South Cape Community Redevelopment Area (CRA). It allows developers to exceed baseline zoning requirements for density, intensity, and height in exchange for providing enhanced public benefits and higher quality design.
Key Incentive Provisions
The program provides specific “bonuses” above standard zoning limits for the Bimini Basin district:
- Residential Density: Standard zoning allows a maximum of 20 dwelling units (DU) per acre. Participation in the BBRIP can increase this to 40 DU per acre.
- Note: Certain catalytic sites like Bimini Basin East have specific zoning that may allow up to 125 DU per acre.
- Commercial Intensity (FAR): Baseline Floor Area Ratio (FAR) ranges from 0.75 for small parcels to 2.00 for larger properties (over 60,000 sq. ft.). BBRIP allows developers to secure greater commercial intensity beyond these baseline levels.
- Building Height: The program permits height increases above baseline levels if developers meet specific community-oriented criteria.
Eligibility and Requirements
To qualify for these incentives, developers must demonstrate that their projects:
- Enhance Development Quality: Projects must exceed standard architectural and site design requirements.
- Provide Public Benefits: Developers must offer community-wide advantages, which may include public gathering spaces, improved pedestrian connectivity, or waterfront access.
- Align with CRA Goals: Proposals are evaluated based on their ability to create a vibrant, walkable, mixed-use district featuring retail, residential, and hospitality components.
Related 2026 Project Status
As of January 2026, several major projects supported by the city’s redevelopment vision are reaching critical milestones:
- Bimini Square: This $100 million mixed-use project, which includes medical facilities, 218 luxury apartments, and a waterfront restaurant, is expected to complete final construction in January 2026.
- Bimini Basin East: Following the 2025 demolition of aging structures across 22 acres, the city is reviewing developer proposals for a new urban district. Contract awards were expected in late 2025, potentially setting the stage for construction to begin in 2026.
- Infrastructure Support: The CRA continues to offer complementary incentives such as the Demolition Assistance Grant Program and funding for public infrastructure, such as parking garages.
Public benefits from BBRIP projects
Projects developed under the Bimini Basin Redevelopment Incentive Program (BBRIP) in Cape Coral are expected to provide various public benefits that go beyond standard code requirements. These benefits, intended to revitalize the South Cape Community Redevelopment Area (CRA), generally fall into the following categories:
Enhanced Public Infrastructure and Accessibility
- Infrastructure Upgrades: Developers contribute to large-scale improvements such as new curbs, gutters, and road paving surrounding their projects to modernize the city’s aging street network.
- Public Waterfront Access: Projects must incorporate elements that enhance the city’s waterfront character, such as public promenades behind waterfront restaurants and 25-slip boat docks that allow for boat-to-table dining and water-based transportation.
- Parking Solutions: The inclusion of large-scale parking garages (e.g., 500+ spaces) helps alleviate the parking pressures typical of a dense urban district.
Community Connectivity and Design
- Pedestrian-Friendly Environments: Projects are designed to create a vibrant, walkable district featuring street-level shops, outdoor dining, and enhanced pedestrian pathways that connect the waterfront to the rest of the city.
- Public Gathering Spaces: The vision for larger BBRIP sites like Bimini Basin East includes open gathering areas, parks, and view corridors that integrate with existing city assets like Four Freedoms Park.
Essential Services and Economic Growth
- Medical Services: A key benefit in recent projects is the inclusion of specialized facilities, such as Lee Health medical offices, which provide local access to healthcare for the growing population.
- Economic Impact: These developments are expected to catalyze economic growth by creating new jobs, attracting tourism revenue, and supporting nearby retail and hospitality businesses.
- High-Density Housing: By allowing for increased density, the program supports the creation of luxury apartments and mixed-use spaces that help define Cape Coral’s new urban identity.
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