r/CommercialRealEstate
Looks like Lowe’s is coming to Pine Island Rd in Cape Coral. The dirt is already moving.
- upvotes
- 0
- comments
- 6
Post
Highlighted: the lines this signal was extracted from
There are some Home Improvements underway on Pine Island Road in Cape Coral. This one has actually been developing for almost two years. It starts with City of Cape Coral PRAP24-000096, filed October 28, 2024, for a “proposed big-box retail facility” on the Hancock Terminus LLC property at 201 SW Pine Island Road, a roughly 15-acre, four-parcel assemblage. No tenant identified. Then things start getting interesting. PRAP25-000003 | Portillo’s RestaurantFiled January 14, 2025A 6,250 SF Portillo’s with a dual-lane drive-thru is proposed for Lot 2 of Hancock Terminus. In August 2025, Cape Coral approves the Hancock Terminus Center replat under Resolution 236-25, creating new commercial tracts, lot lines and development easements. Fast-forward to 2026. PRAP26-000033 | 7 Brew CoffeeFiled April 6, 2026A 7 Brew drive-thru joins the mix. Then the property records start talking. On May 8, 2026, Lowe’s Home Centers, LLC records its $5.6 million purchase of a five-acre tract from RD101 LEE LLC, a Roger Dean company. The property sits between Hancock Terminus and Roger Dean Chevrolet. Lowe’s also gets a Temporary Construction Access Easement (TCE) allowing it to construct an access road across the Roger Dean property to Pine Island Road. Then, about a month later: PRAP26-000043Filed June 10, 2026Pre-app: Big-box retail store with an accessory garden center.Tenant: Not...
Keep reading with a free account
The rest of this post, and every signal for Lowe's, is in your free account.
Also quoted as evidence
And site clearing is now underway.
From the post