CAPE CORAL, Fla. - eTradeWire -- Bimini Square commemorated the grand opening of its new mixed-use development in Cape Coral with a ribbon-cutting ceremony on Thursday, Feb. 5. The event brought together project partners, community leaders and supporters for a first look at the residences.

Located at 440 Cape Coral Parkway E., Bimini Square features a five-story, upscale community that blends 198 units of boutique apartment living with health care services, waterfront dining and a marina. Bimini Square offers studio, one-, two- and three-bedroom units featuring private balconies with water, sunset or courtyard views, as well as quartz countertops, stainless steel appliances, soft-close cabinetry, large windows, a washer and dryer, and more. Introductory monthly rates range from the $1,600s to the $5,000s.

Residents enjoy an array of private amenities, include an infinity rooftop pool with lounge chairs and private cabanas, club rooms and lounges, fitness center, sauna, tropical courtyard, walking paths, dog spa and park, a six-story parking garage and boat slips.

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The concept is led by Crown Development owners Larry and Matt Nygard, a father and son team based in North Dakota who have been building projects in the upper Midwest since 1987. The company's local portfolio of projects includes The Cape at Savona, The Club at Pine Island and now Bimini Square.

"Bimini Square represents a major investment and exciting new chapter for downtown Cape Coral," said Larry Nygard, president of Crown Development. "From day one, our goal was to create a true destination with thoughtfully designed spaces and elevated amenities that meet the needs of today's residents. We're proud to create a mixed-use space that enhances Cape Coral as a great place to live and work, and we're grateful to all of our project partners whose collaboration has brought this vision to life."

Lee Health recently opened its outpatient clinic and offices in the fall and is currently seeing patients. The two-story health care facility brings a variety of new specialty services, including pediatric and mental health services, to the region.

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Guests will soon be able to enjoy the waterfront restaurant, Bimini Basin Seafood & Cocktails, as well as a House of Omelets currently under development.

Construction partners for the project included Brooks & Freund, PDS Architecture and Avalon Engineering.

Residential leasing is available, and prospective renters can schedule virtual or in-person tours to view Bimini Square's floor plans, pricing and availability. To learn more or to schedule a tour, visit BiminiSquare.com or call or text 239-342-4313.