Growth Picking Up Momentum in Punta Gorda


SARASOTA, FLORIDA, April 5th, 2016 – A new era of growth appears looming on the horizon for Charlotte County, as indicated by the recent robust gain in the population of its lone incorporated town and seat of government, Punta Gorda, and by some major local projects set in this metro area.

Statistics from the U.S. Census Bureau released in March 2016 showed that the Punta Gorda was the ninth fastest-growing amongst all metro areas in the country. In the period between July 1, 2014 and July 1 2015, the Punta Gorda’s population, per the bureau’s data, rose 2.8 percent to 173,115. This growth rate was a significant improvement from the 2.1 percent gain experienced in the comparable 2013‒2014 period.

One of Florida’s Safest

Growth Picking Up Momentum in Punta Gorda

The influx of domestic residents accounted for 95 percent of the Punta Gorda’s migration growth during the past year, with the rest coming from outside the U.S. Besides its attraction as a quaint historic city offering plenty of boating and fishing opportunities, Punta Gorda likewise draws the interest of potential migrants on account of its lofty ranking amongst the safest cities in Florida. Just recently, a study by the research website showed the city as the second safest in the Sunshine State, ranking it just behind the Village of Key Biscayne.

As important, two big projects in Punta Gorda’s downtown district stand to significantly add to the quality of life in this city and provide further stimulus to migrants choosing Charlotte. These developments, in particular, could have profound benefits to nearby Punta Gorda homes for sale at Peace Harbor and Emerald Pointe condominiums as well as single family homes along the Retta Esplanade.

Growing Hubs of Recreation and Business

The Fishermen’s Village, one of Punta Gorda’s top attractions located in this area at the southern banks of the Peace River, is currently undergoing a five-year renovation costing a total of close to $40 million. The improvements include construction of a pathway and bridge connecting the Punta Gorda Harborwalk with the municipal marina at Laishley Park. This feature will not only make the area more appealing aesthetically but also provide a safer pedestrian promenade. A man-made beach and an infinity pool are also included in the makeover of Fishermen’s Village.

Another impetus for growth in this Punta Gorda area is likewise expected to be provided by a new business center planned across the Charlotte County Justice Center just south of Laishley Park. Named as the Donelson Park Professional Center, it is programmed for 60,000+ square feet of office as well as retail space. Tenants, including lawyers, accountants, design companies and real estate agents, have been reported all ready to locate in this property which will be developed in two phases starting around end-2016. Its completion is scheduled for 2018.

This center is named after F.M. “Don” Donelson who himself was the developer of Fishermen’s Village and the Emerald Pointe condominium located a short distance east of the planned business center. Punta Gorda homes for sale in this property are attractively priced in the $200s, featuring two- or three-bedroom layouts within floor plans ranging from about 1,150 up to nearly 2,200 square feet.