Cape Coral CRA issues first Demolition Assistance Grant
The Cape Coral Community Redevelopment Agency has awarded its first Demolition Assistance Grant to Nautilus Equity Group, LLC, to remove a severely deteriorated structure at 4528 S.E. 15th Ave. The new Demolition Assistance Grant Program accelerates the removal of blighted buildings within the CRA district by reimbursing a portion of demolition costs. It aims to revitalize properties, spur economic growth, and enhance community safety. Nautilus was awarded up to $30,750 to complete the demolition of the building, which posed serious environmental and safety risks, including mold ...