The South Cape Community Redevelopment Agency and the City of Cape Coral selected SE 47th Terrace as a key district where funds could be put to good use by improving its roadway and pedestrian paths. These improvements will prepare South Cape for the future growth bringing needed infrastructure updates and a heightened appeal as an entertainment district.
The $13 million Streetscape project will reshape 47th Terrace between Del Prado and Coronado boulevards, one block north of Cape Coral Parkway.
Street-side parking will decrease on 47th Terrace, however the city will be expanding sidewalks and increasing the parking with forty-one new spots; from 1,181 to 1,222.
The SE 47th Terrace Streetscape project broke ground in January 2018 and the project is expected to be complete by the end of the year.