OG Enterprises has announced its latest development plans for the Wave District project at 8801 Astronaut Boulevard/A1A in Cape Canaveral. The four-phase project is estimated to cost $50 million.
The second phase, currently in the design and permitting stages, will add an additional 18,000 square feet of commercial space. This includes a branded Destination Downtown Food Hall spanning 8,000 square feet and featuring independent vendors.
In addition to this expansion of commercial space, the final two phases of the project will also include a pool and a total of 104 housing units. These units can be utilized as either vacation rentals or long-term residences.
OG Enterprises’ first food hall is set to open this summer at their location on N. Atlantic Ave in Cocoa Beach. They are also planning another mixed-use development at 1399 N. Atlantic Ave., which will feature commercial space along with apartments and townhouses.
Overall, OG Enterprises’ $50 million investment into Cape Canaveral showcases their commitment to developing vibrant communities that offer both residential and commercial opportunities for locals and visitors alike.
