Cape Coral’s population will reach 200,000 in the next year. That is the prediction of city business chiefs.
The rise means that the city’s population has overtaken Fort Lauderdale. It is also close to Tallahassee, the state capital, says city manager, John Szerlag.
Cape Coral’s population estimated at 192,247 at year’s end
Cape Coral’s population is estimated to be 192,247 by the end of the year, according to the local chamber of commerce. That is 12,000 more than Fort Lauderdale and just short of the 193,078 in Tallahassee.
The city is still growing with around half its capacity still to fill. It recently surpassed 2,000 single-family home permits for fiscal year 2018, which ends on 30 September, says city spokeswoman Connie Barron.
The city’s utilities extension project (UEP) and new developments including Seven Islands will help attract more businesses along Pine Island Road.
Cape Coral-Fort Myers has retained its place as one of the fastest-growing cities in America. So says the 24/7 Wall Street website. The population of Cape Coral-Fort Myers rose 19.1% from 2010-2017
The Cape Coral-Fort Myers metropolitan area has one of the highest millennial growth rates on 11.7%. That is according to a report from the Brookings Institution.
The main image is from Pixabay.com.