It was a banner year for economic development in Cape Coral, as hundreds of millions in permits were pulled in 2023, with no slow down in sight for 2024.
Cape Coral Economic and Business Development Officer Sharon Woodberry said the growth throughout the city in 2023 was “significant,” with a 58% increase in commercial permits pulled throughout the year.
“Certainly a huge uptick in the number of permits and activity that is happening,” she said. “A lot of growth. It’s something we’re very excited about.”
Woodberry said over the past year, the valuation for commercial construction permits in the Cape totaled $258,691,776, the highest value in recent history.
“It’s just an indicator of our growth,” Woodberry said. “That’s the story of Cape Coral —…