economic development book - loopnet · 2019-06-26 · management public administration agriculture...
TRANSCRIPT
HOMESTEADFLORIDA
Completed Projects
Projects Underway
Future Projects
Current Opportunities
GET IN ON THE ACTION
CybraryPolice
Headquarters
SeminoleTheatre
City Hall
Losner ParkExpansion
HomesteadStationUnder
Construction
HOMESTEAD STATIONA retail and entertainment center featuring bowling, movies, dining, and more.
CYBRARYA high-tech public library that promises to bring excitement back to literacy and learning.
LOSNER PARKThe expansion will transform a quaint pocket park into a world-class destination that pays tribute to Florida’s ecosystems.
ICONIC TOWERA tourist attraction that boasts a 360-degree observation deck with breathtaking views of our City, the Florida Keys, and surrounding National Parks.
RAPID TRANSIT SYSTEMHomestead Station will serve as a hub for this new transit system providing easy access to Miami-Dade, Broward, and Monroe Counties.
Thanks to the community’s support, the City’s plan to revitalize our Historic Downtown and create a place to live, work, and play is underway. Our vision: a place to stroll downtown, where you’ll find stunning examples of historic architecture and modern amenities.
The progress continues...DONE COMING
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New RapidTransit System
(Proposed)
IconicTower
(Proposed)
ExistingTransit Line
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Miami Dade College Homestead Campus offers a variety of undergraduate programs including a world-class aviation training program and continuing education courses. Homestead is also home to South Dade Technical College and the South Dade Skills Center.
EDUCATION
Barry University55 minutes away
University of Miami35 minutes away
Florida International University33 minutes away
Nova Southeastern University65 minutes away3
STEADY GROWTH
POPU
LATI
ON
2000 2003 2010 2014 2017
80,00070,00060,00050,00040,00030,00020,000
Total population in Homestead, Florida
30,909
33,532
70,20965,524
50,509
COMPETITIVE BUSINESS CLIMATE
No state personal income tax.
Florida is an employment-at-will state. Employer may terminate an employee at any time without warning.
STRONG WORKFORCE
Multilingual Workforce Military-Trained Personnel
Workforce Bolstered by Right-to-Work
Our diverse community boasts a workforce of English, Spanish, French and Haitian-Creole speakers.
Homestead is home to thousands of veterans and reservists who provide a deep pool of management and technical expertise that can take your business to the next level.
Employers and employees in Florida are constitutionally protected by right-to-work regardless of membership or non-membership in a labor organization.
Homestead is home to a top-notch workforce with over 70,000 City residents and an additional 400,000 people withina 20-minute commute.
REAL ESTATEHomestead offers larger homes at lower prices than county and statewide averages.
Typically, homes are purchased for below the average market pricein Miami!
15% More than 2,000new housing units openedin the past decade!
Property values in Homestead have increased!
2013 2014 2015 2016 2017
$1.81 $1.95$2.14
$2.32$2.61
$ in
bill
ions
Already, we’ve seen tremendous growth thanks to the success of our Downtown Revitalization project. Homestead also boasts a strong local workforce and diverse educational opportunities for professional development.
COMPLETED ON-TIME & ON-BUDGET!
New Police Headquarters New City Hall
Seminole Theatre National Parks Trolley
Since it reopened in 2015, the Seminole Theatre has hosted more than 500 performances and attracted nearly 50,000 visitors to Downtown Homestead!
The Homestead National Parks Trolley capitalizes on Homestead’s location between Everglades & Biscayne National Parks to bring the 1.5 million visitors that go to the National Parks annually into Downtown Homestead to spur economic growth.
COMPLETED PROJECTS
Homestead boasts a variety of education options including magnet, specialty, and charter schools that are part of the largest public school system in Florida. In 2018, 60% of Homestead schools received grades of B or better, with no schools receiving below a C.
MAGNET, SPECIALTY, AND CHARTER SCHOOLS
42 colleges within 50 miles of Homestead enroll more than
220,000 students each year!
POST-SECONDARY EDUCATION
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HOMESTEAD STATIONOpening 2019(Currently leasing for retail and dining)
Homestead Station is a Public-Private Partnership creating an entertainment and retail destination in Downtown Homestead. Plus, it will serve as a transit hub connecting Homestead to surrounding neighborhoods in Miami-Dade, Broward, and Monroe Counties with a rapid transit system.
HOMESTEAD CYBRARYComing 2019The first ever cyber-library promises to bring fun back to literacy and learning. It is the result of a successful partnership with Landmark Entertainment–the same company behind some of the world’s greatest attractions like Universal Orlando and the Shops at Ceasar’s Palace.
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PROJECTS UNDERWAY LOSNER PARKThe expansion will transform a quaint pocket parkinto a world class destination! Designed by thesame architects behind the Beijing Olympic Games, the new park will pay tribute to Florida's ecosystem and the National Parks that surround us.
GATEWAY CITYQUALITY OF LIFE
CORPORATE PARK: The City also offers multiple sites suitable for corporate relocation or multi-use development.
Market Rate & Workforce Housing in Downtown HomesteadLooking for developers!
ICONIC ATTRACTION: A tourist attraction that boasts a 360-degree observation deck with breathtaking views of our City, the Florida Keys, and surrounding National Parks.
Looking for investors!STUDENT SUCCESS CENTER: The City has partnered with Miami-Dade College to construct a new Student & Entrepreneurial Center. The new Center will encourage students to explore development opportunities throughout Downtown Homestead and will provide our business community with vital tools and educational courses to help create and launch new ventures.
Florida KeysExcitement and relaxation, including water sports, are just minutes away! On average, more than 3 million visitors make their way through Homestead to the Florida Keys each year.
1 City, 2 National Parks, Tons of Fun!Every weekend, winter through spring, the award- winning National Parks Trolley takes residents and visitors from Downtown Homestead to Everglades & Biscayne National Parks.
Encounter wildlife and explore crystal clear waters with your family and friends!
Everglades National Park: 1.1 million visitors annually
Biscayne National Park: over 500,000 visitors annually
Minutes from zoos, museums, & other attractions!
Zoo MiamiPerez Art Museum Miami
29 minutes away 47 minutes away
Frost Museum of Science47 minutes away
Parks & Recreation | 13 City ParksEnjoy a range of activities for all ages.
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Community Events | Over 15 Community EventsBringing thousands of people together to celebrate.
Home of the NASCAR Championship Weekend NCAA & Professional Sports.Sports | Over 125,000 Visitors
RIDEGUIDED TOUR ADMISSION
FREE
FUTURE PROJECTS
The City is committed to working with new and existing businesses, and we can’t wait to help you relocate or start your business in Homestead. Our dedicated and experienced staff will work with you one-on-one to make sure your venture is a success.
PARTNER WITH US
Economic Development Office(305) 224-4809 | www.cityofhomestead.com/economicEmail: [email protected]
INCENTIVESThere are a number of state and local incentives available to eligible businesses depending on location, type of business, and number of jobs created.
JOB CREATIONMiami-Dade Targeted Jobs Incentive Fund (TJIF)State of Florida Sales Tax BenefitsJobs Credit
EMPLOYEE TRAININGQuick Response Training (QRT) Program Incumbent Worker Training (IWT) Program
ADDITIONAL INCENTIVESTax Credits for Businesses in Enterprise ZoneProperty Tax CreditCommunity Contribution Tax IncentiveUtility Credits (Florida Power & Light)
CLEANTECH
Biomass & Biofuels Processing
Energy Equipment Manufacturing
Energy Storage Technologies
Photovoltaic
Environmental Consulting
Sustainable Building Products
LIFE SCIENCES
Biotechnology
Pharmaceuticals
Medical Devices:Laboratory and Surgical Instruments
Diagnostic Testing
INFOTECH
Modeling, Simulation and Training
Optics and Photonics
Digital Media
Software
Electronics
Telecommunications
AVIATION
Aircraft and Aircraft Parts Manufacturing
Maintenance, Repair and Overhaul of Aircrafts
Navigation Instrument Manufacturing
Flight Simulator Training
AEROSPACE
Space Vehicles and Guided Missile Manufacturing
Satellite Communications
Space Technologies
Launch Operations
HOMELAND SECURITY/ DEFENSEEquipment: Optical Instruments
Navigation Aids
Ammunition
Electronics
Transportation: Military Vehicles
Shipbuilding and Repair
Technology: Computer Systems Design
Simulation and Training
FINANCIAL/PROFESSIONAL SERVICES
Financial Services:Banking
Insurance
Securities and Investments
Professional Services:Corporate Headquarters
Engineering
Legal
Accounting
Consulting
TARGETED INDUSTRIES ManufacturingCorporate HeadquartersResearch & DevelopmentGlobal Logistics
EMERGING TECHNOLOGIESCloud ITMarine SciencesMaterials ScienceNanotechnology
OTHER MANUFACTURINGFood and BeverageAutomotive and MarinePlastics and RubberMachine Tooling
LARGEST EMPLOYERSDIVERSE ECONOMY
MOST COMMON INDUSTRIES (2015)
Homestead Air Reserve BaseOver 3,000 active duty, reserve and civilian personnel
Florida Power and Light (FPL) Turkey Point Over 2,800 employees
Homestead Hospital Over 500 employees
Construction
AdministrativeSupport Services
Waste Management
Public Administration
Agriculture
Retail
Manufacturing Healthcare &Social
Assistance
Fiber optic networks, wireless towers, and satellite sites in the City core make operations effective and efficient.
HIGH-SPEED ACCESSThe City owns and operates an award-winning, state-of-the-art utility to serve your home and business, providing you with affordable and reliable power and water.
RELIABLE UTILITIES
The 1,000 acre FTZ allows businesses within the zone to receive, store, and re-export products duty-free, reducing costs and increasing competition on the global market. The FTZ also encompasses a 280 acre, build-to-suit Park of Commerce with affordable sites for lease or purchase.
FOREIGN TRADE ZONE (FTZ)
CURRENTOPPORTUNITIES
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GLOBALMARKET
GDP: $3.6 trillion (2015)Largest economy of all regions in the U.S. (21.3% of total U.S. GDP)
4th largest economy of all countries globally (based on GDP)
25% of nation’s population(more than 80 million)
50% of nation’s net migration; net gain of over 1.2 million people (2010-2013)
HOMESTEAD IS LOCATED IN THELARGEST U.S. REGIONALBUSINESS CENTER(Southeast Region)
Miami International Airport (MIA) PortMiami Homestead General Aviation Airport
Homestead is 35 minutes away from America’s second-busiest airport for international passengers. MIA offers more flights to Latin America and the Caribbean than any other U.S. airport. It boasts a lineup of over 100 air carriers and is the top U.S. airport for international freight. Both travel and shipping at MIA are world-class and are sure to meet your travel and logistic needs.
Miami's unique geographic position as a growing center for global trade makes the Port easily accessible to Caribbean and Latin American markets, as well as those of Asia and Europe by way of the Panama Canal. It is the only major logistics hub south of Virginia capable of handling fully laden post-Panamax vessels. The world’s leading cargo companies call at PortMiami, and these companies ship to over 100 countries and 250 ports.
PortMiami is also known worldwide as the Cruise Capital of the World, welcoming more cruise passengers to its terminals than any other port.
For easy access and no landing fees, Homestead General Aviation Airport (X51) is a great choice for business and recreational aircrafts. At only three miles from the City center, the airport is a convenient link to the Florida Keys.
This local airport features:
1st in International Freight
2nd in International Passengers
3rd in Total Cargo (Freight + Mail)
Ranking among U.S. Airports:
from Homestead to PortMiami
39.7 miles
from Homestead’sCity Center
3 miles
from Homestead to MIA
37.4 miles
Two paved and lighted runways
Ultralight turf runway
Aerobatic box and skydivedrop zone
Self-service Jet-A and 100LL fuel
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