The History of Cape Coral

Over the course of a few years, beginning in 1958, canals were dug, homes and businesses built, and a city was born. Celebrities were brought in to tout the benefits of "the Cape," as it is known by the locals. The first building was a four-plex at the corner of Coronado and Cape Coral Parkway. This building was the Rosen's company headquarters and the temporary home of Cape Coral's first permanent resident, Kenny Schwartz, the Rosens' new general manager. Cape Coral's first four homes were completed in May 1958 on Riverside and Flamingo drives.[8]

Through the rest of the 1950s and early 1960s, development moved quickly, 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 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 Cape Coral Bridge, which opened in early 1964. Before the bridge, a trip to Fort Myers was more than 20 miles (32 km), following the long haul up Del Prado, then over to the Edison Bridge to cross the river.

Since its inception Cape Coral had been known as a "sleepy" community with its large retirement population. This all changed with the population boom of the 1990s that brought with it young working class families. There is still a larger than normal retirement population. While some of the community still has to cross the river to Fort Myers for work and entertainment, this has become less of a requirement with new stores, restaurants and nightclubs opening up every year. Today, Cape Coral offers a lively strip of restaurants and stores along Cape Coral Parkway, Del Prado Blvd. and Pine Island Road.