Cape Coral was founded in 1957. Real estate developers Leonard and Jack Rosen purchased a 103-square-mile (270 km2) tract known as Redfish Point for $678,000 in that year and, in 1958, began development of the city as a master-planned, pre-platted community.
The Gulf American Corporation (GAC) was formed to develop the area. Canals were dug, streets paved, houses and businesses built. Cape Coral was promoted like no other Florida development. Celebrities were brought in to tout the benefits of "the Cape," as it is known locally. The first building was the Rosens' company headquarters, at the corner of Coronado and Cape Coral Parkway. Cape Coral's first permanent resident was Kenny Schwartz, the Rosens' general manager. Cape Coral's first four homes were completed in May 1958, on Riverside and Flamingo Drives.[6]
Development continued through the early 1960s, mostly on Redfish Point, south of Cape Coral Parkway. By 1963, the population was 2,850; 1,300 buildings had been finished or were under construction; 80 miles (130 km) of road had been built, and 160 miles (260 km) of canals had been dug. The public yacht club, a golf course, medical clinic and shopping center were up and running. A major addition for Cape Coral was the construction of the 3,400 feet (1,000 m) long Cape Coral Bridge across the Caloosahatchee River, which opened in early 1964. Before the bridge, a trip to Fort Myers was more than 20 miles (32 km) via Del Prado Boulevard and over the Edison Bridge to cross the river.
The city incorporated in August 1970, and its population continued to grow rapidly.[7]
In its early years, Cape Coral was known as a community with many retired residents. This changed with a population and construction boom in the 1990s, which brought in younger families and professionals. Twenty percent of the population is seasonal residents. Nowadays, the city has a wide variety of businesses, retail shops and restaurants on its major arteries: Cape Coral Parkway, Del Prado Boulevard, Santa Barbara Boulevard and Pine Island Road.
Cape Coral Florida has over 400 miles (640 km) of canals, more than any other city in the world
The city features a sandy beach and fishing pier on the Caloosahatchee River at the public Yacht Basin & Club. Cape Coral is home to the expansive SunSplash Water Park (Virtual Tour of the Waterpark), more than 30 recreational parks, and seven golf courses. Cape Coral offers a variety of Gulf beaches in its immediate neighborhood, such as Sanibel Island and Fort Myers Beach. The area is known by birding enthusiasts for a wide variety of wildlife and the largest population of burrowing owls in the state of Florida.[26]
Cape Coral’s 400-mile (640 km) canal system provides many residents with waterfront living with access to the Gulf of Mexico via the broad Caloosahatchee River and Matlacha Pass. The Parks and Recreation Department maintains three public boat launching facilities. The Gulf of Mexico provides access to smaller tropical islands, rookeries, and sports fishing grounds.
Cape Coral’s cultural assets include the Historical Museum, the Art Studio, the Cape Coral Art League, and the Cultural Park Theater, a 187-seat performing arts facility that serves as home to community actors. In addition, there are several regional arts and performance venues in the immediate area, including the Barbara B. Mann Performing Arts Hall.
Several parks and ecological preserves allow observation of the local wildlife. Elevated nature trails wind through the mangroves at Four Mile Cove Ecological Preserve.
The area supports waterfowl, wading birds, migrant songbirds, gopher tortoises, dolphins and reptiles. Rotary Park is home to wading birds, raptors, butterflies, foxes and other wildlife. Nature enthusiasts can track exotic birds and native fish from the boardwalk at Lake Kennedy and watch the West Indian Manatees at Sirenia Vista Park. Cape Coral is home to the largest population of Burrowing Owls in Florida.[
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