OTHERDISCUSSED

Cape Coral Reviews Forest Development Yacht Club Proposal

Cape Coral reviewed Forest Development’s unsolicited proposal for a mixed-use Yacht Club redevelopment. The proposal envisioned approximately $250 million in private development under 99-year ground leases, but staff recommended negotiations with KMB Marine instead.

Document date · September 21, 2026

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WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
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Scope & details

The full contract record, as filed.

Contract amount
Approximately $250,000,000 estimated capital investment / total build cost
Contract type
OTHER
Contract term
Proposed 99-year ground lease structures, with options to purchase fee simple
Renewal
Proposed 99-year ground leases with purchase options; definitive agreement would require negotiation and City Council consideration.
Document type
AgendaPacket
Source document
City of Cape Coral AgendaPacket Committee of the Whole Meeting September 23 2026

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the government contract by City of Cape Coral?

Forest Development Llc was awarded this government contract by City of Cape Coral, as recorded on September 21, 2026. The contract value is Approximately $250,000,000 estimated capital investment / total build cost.

How much is the Forest Development Llc contract with City of Cape Coral worth?

The Forest Development Llc contract with City of Cape Coral is valued at Approximately $250,000,000 estimated capital investment / total build cost.

What type of contract is this?

This is a government contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in City of Cape Coral AgendaPacket Committee of the Whole Meeting September 23 2026 (AgendaPacket), dated September 21, 2026 from City of Cape Coral. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Forest Development Llc hold?

Forest Development Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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