Published: May 07, 2013 5:46 PM EDT
Updated: May 07, 2013 6:38 PM EDT

CAPE CORAL, Fla. - A new taxi company will soon give fellow cabbies some competition in Cape Coral. The city has given Academy Taxi the green light to start serving customers within a few weeks. 

"I've heard from a lot of people that there's been very little transportation in the area." Peter Caivano, a new southwest Florida resident, wants to put customers and employees in his new cabs, that will soon hit the streets of Lee County. "In general conversations with people, you know, of course the thing that comes up is jobs and transportation," he said.

The city of Cape Coral agrees there's a need to hit the gas on this type of company. In a resolution passed by council Monday night, it states 

"...presently the city of Cape Coral does not have limousine and taxi services in operation to adequately meet the public need for public transportation.."

Caivano has some big plans for the new business. Within 30 days he hopes to have 5 new taxis on the road and 20 on the road within the year. 

The Academy Taxi cabs will be white with aqua-blue fenders and bumpers. Caivano's brother, and partner in this new venture, is a car broker in New Jersey, and will help with the vehicle supply. 

Drivers are also needed to build a company that will be constantly on the go. "It's a 24 hour a day, 7 day a week business, it's every day of the year. So we're going to need to fill a lot of driver spots," he said.

He's currently searching for a location in the city for his new business, and plans to hire drivers through Craigslist. Anyone interested will have to go through a background check and a drug test. 

If all goes according to plan, he'd eventually like to expand the company to include Charlotte County.