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Make Cape Coral ’ s ideal entrepreneurial environment your business .
Why is Cape Coral — Florida ’ s thirdlargest city by land mass — the place for starting or relocating your business ? Based on workforce data and future land use plans , Cape Coral ’ s growth engine continues to be fueled by population growth , with a business environment that will be sustained by investment in commercial and industrial development .
Since incorporation in 1971 , Cape Coral has experienced consistent growth . The city is less than 50 percent built out — offering more than 60 square miles of unimproved commercial and residential land available — and is expected to be built out by 2080 . Growth has accelerated in the past 20 years , and Cape Coral is projected to be one of the fastest-growing metro areas for the next decade .
According to the U . S . Census Bureau , Cape Coral was home to an estimated 169,854 residents in 2014 — a 10.1 percent increase since 2010 . Cape Coral recorded the third-highest population growth in the last decade , according to the U . S . Census , despite the fact that it already boasted the largest population between Tampa and Miami .
Here are five key reasons Cape Coral is ideal for a new business or expansion .
• The warm climate , sunshine and enviable lifestyle continue to attract newcomers .
• The city boasts a large , well-qualified workforce .
• Its market potential will continue to grow as the U . S . population ages and retires .
• Cape Coral welcomes businesspeople , offering a business-friendly environment , services and incentives designed to make life easier for companies .
• Ample and affordable housing and commercial space are available in the city .
Cape Coral has earned national accolades for its quality of life and business opportunities . In 2014 , Forbes magazine ranked Cape Coral No . 6 in the U . S . in the best cities for job growth . In 2015 , the city was projected to make 4.4 percent employment gains through 2017 , according to Moody ’ s Analytics . And Florida was named the No . 2 best state in the nation
capecoralchamber . com 32 for doing business by Chief Executive ( May 2014 ). Add to that the Tax Foundation ’ s 2014 Facts & Figures Report noting that Florida has the fifth strongest-tax climate in the U . S .— and is the only tropical location listed among the five .
From its earliest beginnings , Cape Coral has been known as a “ Waterfront Wonderland ,” with more than 400 miles of navigable canals — more than any other city in the world .
Residents used to drive to nearby Fort Myers , Naples or other cities to shop , dine out or get medical care , but now residents from throughout the region now drive to Cape Coral to shop and eat at its many national and locally owned stores and restaurants . Locals have plenty of medical options , too , and residents have an average work commute of about 26 minutes , according to the Census .
Less than half developed , the city still has plenty of room for commercial growth . Cape Coral boasts two Free Trade Zones , provides quick access to the regional corridors Interstate 75 and U . S . 41 , and it ’ s just a two-and-a-half-hour drive from Tampa and Miami , or about