CAPE CORAL, Fla. — According to the City of Cape Coral, demolition of the Boathouse will begin Thursday morning.
On Wednesday, the Cape Coral City Council approved a settlement agreement and release between the City of Cape Coral, Florida, and Boathouse Tiki Bar & Grill, LLC.
It approves the concessionaire agreement between the City of Cape Coral, Florida, and Yacht Club Development Group, LLC, d/b/a Boathouse Tiki Bar & Grill, for the construction, management and operation of a waterfront establishment and associated facilities.
This authorizes the city to execute the settlement agreement and release - meaning the Boathouse will return to the Yacht Club.
The iconic location was destroyed in a fire in October.
Many locals have told use they hope it will come back stronger.