ribbon cutting in front of a parking garage

Ribbon Cutting Celebrates Official Opening of The Cove at 47th Parking Garage

Flaherty & Collins Properties was proud to join community leaders and project partners on October 3, 2025, to celebrate the ribbon cutting of the new parking garage at The Cove at 47th in Cape Coral, Florida.

The two-story facility adds 125 public parking spaces to the South Cape district, providing much-needed accessibility for residents, visitors, and local businesses. As part of the larger vision for The Cove at 47th, the garage enhances convenience and supports the area’s continued growth as a vibrant, mixed-use destination.

City officials and The Cove at 47th team gathered to cut the ribbon on Cape Coral’s newest parking structure.

A Collaborative Effort

The parking garage was made possible through strong collaboration between the City of Cape Coral, the Community Redevelopment Agency (CRA), and private partners. Together, these organizations worked to ensure the project aligned with community needs, supported local economic development, and contributed to the city’s long-term vision for the South Cape.

Supporting Community Growth

While the addition of new parking may seem simple, the impact is significant. The facility provides:

  • Improved accessibility to restaurants, retailers, and public spaces within The Cove and surrounding district.
  • Support for local businesses by encouraging increased foot traffic and longer visits.
  • Enhanced infrastructure that reinforces confidence in ongoing public-private investment.

Looking Ahead

The parking garage represents an important milestone in the continued development of The Cove at 47th. As future phases progress, this project will play a key role in supporting the community’s growth, connectivity, and long-term vitality.

Flaherty & Collins is proud to partner with the City of Cape Coral, the CRA, and all involved in bringing this project to completion. We look forward to the exciting next chapters at The Cove at 47th and to continuing our work in building vibrant, sustainable communities.