An estimated $1.4 million is being invested into Lafayette Street in Cape Coral to make storm water improvements, road enhancements and Florida-friendly landscaping to one of the city’s oldest districts.
City officials see the renovation, which runs between Cape Coral and Vincennes streets, as a template for the rest of the area when it comes to redevelopment. The block is mostly older buildings with real estate businesses and other type of commercial properties lining the road. Cape Coral Parkway has gone through changes already and Lafayette, which runs parallel to it, was chosen a couple of years back as the place for a face-lift. City officials expect construction to be finished by December.
City Manager John Szerlag said the effort is important as one of the purposes of a Community Redevelopment Agency in a city is to eliminate blight.