Cape Coral residents will be able to herald the city’s 40th anniversary early this month with a three-day festival designed to celebrate all things Cape Coral. Through the efforts of the Chamber of Commerce, the city, title sponsor TIB Bank, and other business contributors, the traditional Celebrate Cape Coral Block party has been expanded to three days with a new twist — a downtown carnival. The celebration kicked off Friday night with carnival rides, live music and other attractions across from the LeeWay Transfer Station on Southeast 47th Terrace. Festivities continue today with the annual parade, to be led by the city’s “pioneers,” or founding families. Activities begin at noon and continue until midnight with the showcase event, a 50-unit hometown parade — one of the biggest yet — stepping off at 6:30 p.m. from Southeast 15th Avenue and continuing to Southeast 8th Court along 47th Terrace. Festivities will wrap up Sunday following a 10:30 a.m.