Hancock Creek

Hancock Creek is permitted for 307 Class A apartments, 30,000 square feet of ground-floor retail, and 6,000 square feet of office in Cape Coral.

The project is structured under the Live Local Act, Florida’s 2023 housing statute, which provides administrative approval and ad valorem tax relief for qualifying mixed-income developments. Catalyst was among the earlier Southwest Florida developers to take a project through that pathway rather than wait for precedent to be set by someone else.

The capital plan pairs that entitlement with a synthetic tax increment structure and Opportunity Zone equity. The site is permitted and the approvals stand.