Economic Development Book - LoopNet · 2019-06-26 · Management Public Administration Agriculture...

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HOMESTEAD FLORIDA Completed Projects Projects Underway Future Projects Current Opportunities GET IN ON THE ACTION

Transcript of Economic Development Book - LoopNet · 2019-06-26 · Management Public Administration Agriculture...

Page 1: Economic Development Book - LoopNet · 2019-06-26 · Management Public Administration Agriculture Retail Manufacturing Healthcare & Social Assistance Fiber optic networks, wireless

HOMESTEADFLORIDA

Completed Projects

Projects Underway

Future Projects

Current Opportunities

GET IN ON THE ACTION

Page 2: Economic Development Book - LoopNet · 2019-06-26 · Management Public Administration Agriculture Retail Manufacturing Healthcare & Social Assistance Fiber optic networks, wireless

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.

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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

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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]

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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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