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Why Is Cape Coral So Popular?
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Posted On :
Jan-14-2011
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Article Word Count :
512
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The article explains the reasons why Cape Coral is becoming more and more popular among normal people as well as business owners.
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Cape Coral is without any doubt the largest master-planned communities in the United States. The city was founded in 1970 and was designed in order to be a “water wonderland” located between Tampa and Miami. A vibrant and youthful city, Cape Coral is the home of more than 122,000 residents as well as 4,000 businesses. If you want to open a business, here are a couple of reasons why it would be a wise idea to purchase a property here:
1. Growth – at the moment and in the future Cape Coral will remain the fastest growing city in the Eastern part of the United States and Florida for populations of over 100,000. For businesses, the growth rate is situated at 12%.
2. Strategic location – located between Tampa and Miami, about 75% of Florida’s population is within 150 miles of Cape Coral and can be very easy accessed through I-75. The city is located conveniently 10 miles from I-75 and very close to U.S. 41. The Southwest Florida International airport is at a 15 miles distance.
3. Educated and youthful labor force – about 55% of the Cape Coral population is age 44 or below and the median age is 41. The 18-24 age groups are the fastest growing population segment. There are more than 380,000 skilled workers from the tri-county area from which business owners can take their pick.
4. Availability of resources – in 2003, Cape Coral was ranked at number 5 in America’s Most Drivable Cities by MSN House & Home. At the moment there are solid plans in order to provide sewer/water/irrigation. Various telecom firms are providing fiber optics as well as other advanced hi-end services all over the city. In addition, the Reverse Osmosis plant in the city offers a very reliable and safe supply of potable water. The traffic flows easily in the city and roadways are very well established.
5. Cheap cost of living – all Florida (including Cape Coral) has no personal income tax. The median house price tag is $150,900 and all of the houses are in most cases reasonably priced, offering great opportunities. The residents of the Cape Coral benefit from a good economic climate, efficient city services as well as low taxes.
6. Emerging clusters – industries and business like defense contracting, marine fabrication, aerospace as well as business service sectors and transportation are coming to the city.
7. Quality of life – with more than 400 miles of saltwater and freshwater canals, waterfront sports, gulf access, Cape Coral is a very desirable city. Add to this the low crime rates and the fact that Cape Coral is the third safest city in all Florida for populations over 100,000 people; it is a very appealing city to live in.
All things considered, the city of Cape Coral is one of the most interesting areas in the United States, offering great services for both regular people but also for business owners that are looking for a profitable workspace that can offer all the necessary support to successfully develop a business.
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Article Source :
http://www.articleseen.com/Article_Why Is Cape Coral So Popular?_48528.aspx
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Author Resource :
Access the most relevant Cape Coral real estate for sale information by having a look at our website - www.floridacapecoralrealestate.com .
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Keywords :
Cape Coral properties for sale, Cape Coral real estate for sale,
Category :
Finance
:
Real Estate
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