In December of 2017, the City of Cape Coral's Development of Community Development initiated a large-scale future land use map amendment for the Embers Lake Estates site, covering ±82.69 acres. The proposal is to amend the site in its entirety from Single Family Residential to Multi-Family Residential.
In January of 2018, Fischler Property Company completed the sale of Embers Lake Estates, a 104 acre parcel in Cape Coral., for $3.5 million dollars. The buyer is an Allentown, Pennsylvania developer named Forge Development Group.
Embers Lake Estates was one of the last remaining un-platted large tracts of land in Cape Coral. It features more than 40 acres of lakes.
The plan for a two-phase apartment complex of approximately 690 units (Phase I =360 units, Phase II =330 units) is scheduled to begin sometime after the North 2 Water utility project is completed.
Embers Lake Estates is located north of Pine Island Road and west of Nicholas Pkwy, on the northwest corner of Nelson Road and Embers Parkway.
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