The city of Cape Coral and its Community Redevelopment Agency are looking to partner on a $40 million, 43-parcel land buy in the South Cape. Resolution 259-24 calls for the city to enter into a contract for the sale with Bimini Center of Cape Coral LLC, TCJBN LLC and Four Palms Condominium Association to purchase Bimini East to “further stimulate redevelopment in the downtown core of the City” at a contract price of $40,089,504.