Where Tradition meets Innovation

Transcription

Melbourne,fl
The Melbourne Story
Where Tradition meets Innovation
Our unique past, points to a
Stellar Future
Melbourne’s Competitive
Edge
Programs to grow your
Business
Contact Information
Questions? Give us a call!
Lifestyle
Arts, Beach Life and Cafes
Benefits of Locating
The Right Place for your Family
and Business
Demographics
Well Educated and Creative
Downtown Melbourne has its roots going back to a small
community located on a natural harbor of the Indian River
Lagoon known as “Crane Creek,” the name of the fresh water
river which ambled parallel to the downtown’s main corridor
to the salty lagoon. At the time, barge traffic along the Indian
River brought supplies and new arrivals along the peninsula,
and the creek provided easy access into Melbourne Harbor.
Today, Historic Downtown Melbourne is gaining recognition as
one of Brevard County’s hottest areas with an eclectic mix of
restaurants, galleries, shopping and night spots.
For more information and a comprehensive list of establishments, please visit: www.
downtownmelbourne.com
FROM THE MAYOR
WELCOME | FROM THE MAYOR | PROSPEROUS | FAMILY | NATURE | HIGH TECH
on the cover
ON THE COVER
First and foremost, welcome and thank you for your interest in the City of Melbourne! The “Harbor
City” has it all: a great location, excellent quality of life, a top-tier educational system, and most
importantly, a pro-business government that is committed to sustainable economic development.
Take a look for yourself - if the beautiful beaches don’t take your breath away, the sunrises over
the Indian River Lagoon surely will!
Major priorities for the City of Melbourne include providing job opportunities for local residents
and maintaining the high quality of life that we all enjoy! The City has established strong working
relationships with our business community, the State of Florida, Brevard County, the Florida Institute
of Technology, and the Economic Development Commission of Florida’s Space Coast. These
partnerships and shared regional development objectives enable the City of Melbourne and our
community development partners to realize our long term, sustainable development goals.
Melbourne is the economic engine of
Brevard County, capitalizing on high-tech
industries, location on the Space Coast
and our established relationships with the
region’s educational and research leaders.
Melbourne’s historic downtowns provide
ever increasing entertainment options
and unique retail choices. Melbourne’s
unparalleled natural amenities and a
strong sense of community stewardship
make my City one of the best places to
live, work and raise a family.
Take a look at Melbourne, my home, you’ll
like what you see!
[insert signature]
1 • www.melbourneflorida.org • 2013
contents
1
2
3
4
5
6
1. LIFESTYLE
2. TELLING THE STORY
Welcome to Melbourne, the best of
From
the Florida Lifestyle.
Melbourne’s
the
past
to
3. DEMOGRAPHIC PROFILE
the
pioneering
present.
past
Brevard County’s Urban Hub!
has
shaped its present and leads the City
to a stellar future.
4. BENEFITS OF RELOCATING
5. INCENTIVE PROGRAMS
6.CONTACT
A
Come see why so many companies
A community committed to you. We
choose Melbourne.
are available to answer all of your
high-tech
corporate
culture,
flourishing arts culture, and Florida’s
natural assets. Come see the cultural
questions.
and natural benefits Melbourne can
offer that no other city can.
lifestyle
QUALITY OF LIFE | HISTORIC | BEACH | FAMILY | NATURE | HIGH TECH
From bohemian to Boeing, Melbourne has long been Brevard
County’s urban center. Exceptional schools, multiple transportation
hubs, the pristine Indian River and Atlantic coast, a well-established
cultural and arts center, and beautifully maintained character
districts make the Melbourne area a prime location to grow your
business, live, learn and raise a family.
Location
The City of Melbourne sits astride the Indian River Lagoon, with
a large portion of the City located on Florida’s mainland, and
a portion located on a barrier island. The Indian River Lagoon
separates the mainland from the beach side barrier island. The
Melbourne Causeway and Eau Gallie Causeway provide easy
access across the lagoon to the beaches and waterfront activities.
Schools
Brevard Public Schools are models of innovation and excellence.
Regarded as one of Florida’s finest public school systems. Ranked
third in the state, the district received a Grade Point Average of
3.8, an overall grade of A, with 98% of Brevard schools receiving a
grade of A or B.
At the higher education level, the Florida Institute of Technology
(FIT), named by Forbes as one of America’s Best Colleges, offers
five Colleges on their Melbourne campus and online learning
options as well. FIT is the only independent technological university
in the Southeast, United States.
UTEACH
The Florida Institute of Technology (FIT) partnered with Brevard
Public Schools for a grant from the Florida Department of Education
to implement programs based on the UTeach Model. FIT will be
one of only three schools in the state of Florida offering these
preparation courses. Courses are based in high tech Science,
Technology, Engineering and Math (STEM) disciplines. This program
develops instructors that will mold the future workforce of the area.
lifestyle
1
“...Beyond the 300 days of sunshine, 72 miles of pristine Atlantic Ocean beaches, abundant arts and
cultural amenities, historical attractions, year-round outdoor activities, and thriving nightlife, Space
Coast residents experience an unparalleled lifestyle, state-of-the-art healthcare, and abundant,
affordable housing options - all within a welcoming atmosphere”
- Economic Development Commissions of Florida’s Space Coast
lifestyle
QUALITY OF LIFE | HISTORIC | BEACH | FAMILY | NATURE | HIGH TECH
Florida Tech UTeach graduates are placed in the Brevard County
School system in science, math, technology, and engineering
course vacancies. By 2018, the program is expected to graduate
over 8,000 teachers with an impact on over 4 million students.
Downtown Melbourne District
An inviting archway and tree-lined sidewalks beckon visitors and
residents to Melbourne’s Historic Downtown. This historic quarter
of the City is a hip mix of restaurants, shops, nightclubs and art
galleries. Shopping, strolls and languid café luncheons by day
transform into vibrant nightlife scenes punctuated with live music
and bustling energy. Downtown Historic Melbourne is the place
to be in the evenings, attracting patrons of all ages to enjoy the
music, art and cuisine.
Featured Character District: Eau Gallie Arts District (EGAD)
The Eau Gallie Arts District (EGAD) has a vibrant main street
organization that focuses on the promotion of the arts, while
simultaneously raising attention to the physical and cultural
revitalization efforts of its historic downtown area. EGAD is
comprised of the Foosaner Museum of Art and Museum School
of FIT, the Brevard Symphony Orchestra administrative offices,
the Historic Rossetter House Museum and Gardens, Eau Gallie
Public Library, Eau Gallie Civic Center, Eau Gallie Pier, Eau Gallie
Square band shell, as well as two public parks. This district provides
a special welcoming environment for working artists with its arts
studios and galleries, an art supply store, a bed and breakfast,
shops and boutiques, churches, restaurants and professional office
spaces. These two historic downtowns, Melbourne and Eau Gallie,
provide Melbourne’s cultural heartbeat and flavor.
lifestyle
1
Downtown Historic Melbourne
“Intelligent, intensely precise, driven, determined, innovative,
remarkable - these are just a few of the adjectives that describe
the scientists, engineers, technicians, and administrators who
understand and truly believe that failure is not an option.”
- Economic Development Commissions of Florida’s Space Coast
telling the story
CHARACTER | HISTORIC | AMENITIES | GENERATIONS | STABLE | VALUE
A GENERAL HISTORY - FLORIDA’S FRONTIER
From pioneers of Florida’s frontier to pioneers of emerging industries, the City of
Melbourne’s history began at the intersection of the freshwater tributaries and the
Indian River Lagoon as the two cities of Melbourne and Eau Gallie developed in the
late 1800’s. Originally named “Crane Creek”, the areas first settlers were freed slaves
– Captain Peter Wright, Balaam Allan, and the Wright Brothers. In 1893 the Florida
East Coast Railway arrived in Eau Gallie and brought significant development to the
area. Several freezes, devastating fires and economic depression during WWI ended
this prosperous period of development. The Great Florida Land Boom period of the
1920s brought another wave of new development in Melbourne. In 1969, the City of
Eau Gallie and the City of Melbourne consolidated into what is presently recognized
as the City of Melbourne. Today, Melbourne has two historic downtown areas with
distinct personalities – Historic Downtown Melbourne and Olde Eau Gallie.
c.1900, stores on Front Street that backed up to
the Indian River (above)
1900 BUILDING, THE MELBOURNE HOTEL
Constructed
Melbourne’s
as
a
monument
booming
to
automotive
industry in 1924, the Melbourne Hotel was
a Mediterranean Revival building facing
the town’s first signalized intersection
at US 1 and New Haven Avenue. In the
1950’s the building was later remodeled
to meet the more modern needs of
the time. Today the Melbourne Hotel
structure still remains, though, its use is
primarily comprised of office space.
Presently called the “1900 Building”, the
name derives from its address – 1900
South Harbor City Boulevard.
1924, The Melbourne Hotel (left)
1950s, The Melbourne Hotel (right)
Present Day, The 1900 Building previously The Melbourne Hotel
THE STORY 2
THE RACE TO SPACE, LAUNCHING
NASA
The “Space Race” became the
driving economic force behind both
Eau Gallie and Melbourne. From the
first missile testing at Cape Canaveral
in 1953 and after the arrival of NASA in
1962, the Space Race would greatly
transform the shape of Melbourne
and Eau Gallie into an area with
modern systems of transportation,
communication, education, health
care, retail, technology, finance and
public service.
“Our success in winning new business has resulted in the need to expand
facilities in more of our locations and we found a great opportunity to
accomplish that in Melbourne”
- Jeff Moore, Senior Vice President of Operations, Rockwell Collins
telling the story
CHARACTER | HISTORIC | AMENITIES | GENERATIONS | STABLE | VALUE
ON THE SHOULDERS OF GIANTS
Today, Melbourne is recognized as being “hard-wired for
technology”, and has grown to be the home of established
technology and defense stalwarts such as Rockwell Collins, Northrop
Grumman, and Harris Corporation and up and coming technology,
aerospace and defense related businesses such as Embraer and
DRS Technologies.
MELBOURNE’S AEROSPACE AND TECHNOLOGY CLUSTER
A key component and economic engine for the City is the
“Ranked 9th US
City for number
of
high-tech
industries”
- 2013 Best
Performing Cities,
Milken Institute
Melbourne International Airport (MLB) and Commerce Park. The
airport is currently served by Delta Airlines, US Airways, Direct Air,
Airgate Aviation and Baer Air. Annually, MLB accommodates up
to 2 million travelers as well as generating over 1 billion dollars in
economic activity. Melbourne International Airport’s expansive
industrial park is home to national and international aviation and
aerospace technology companies. Four of the top 10 largest
employers in Brevard County operate at MLB.
The City of Melbourne, and burgeoning aerospace and technology
clusters growing around the Melbourne International Airport,
continue to attract national and international companies. Recent
international additions to Melbourne’s aerospace/technology
cluster include the Brazil-based Embraer S.A.’s engineering,
manufacturing, technology center and international customer
service center, France-based Vision Systems, U.S. Engineering and
Manufacturing headquarters, Archo Solutions Engineering Facility,
and Midair USA’s Maintenance and Engineering Complex. The City
of Melbourne’s aerospace and technology clusters continue to
THE STORY 2
“Melbourne is a major aviation and aerospace cluster that will grow
over the next 10 years, and we will grow with them.”
- Ivan Avila, ARCHO Chief Operations Officer
demographic
profile
HOUSING | POPULATION | EDUCATION | EMPLOYMENT | STABLE | VALUE
City of Melbourne Population
Breakdown
Brevard County Population
Breakdown
DEMOGRAPHIC PROFILE
Melbourne is Brevard County’s urban hub. Melbourne
residents represent a broad spectrum of demographics,
30.66%
(55+)
20.61%
(0-19)
21.74%
(0-19)
32.68%
(55+)
45.32%
(20-54)
from retirees and well educated professionals to a large
base of young families beginning their professional
careers.
Melbourne is also a residential community of
choice reflected by one of the highest owner-occupancy
42.85%
(20-54)
rates and a stable residential base in the state.
Melbourne’s home ownership rate (61.1%) is higher than
both Brevard County (54.09%) and the State of Florida
(51.12%). With long term housing tenure, Melbourne is a
Housing Tenure
stable community that allows residents to put down solid
70.00%
roots.
60.00%
Educational attainment levels are among the highest in
50.00%
2012 Owner Occupied
Housing Units
40.00%
30.00%
20.00%
10.00%
the State of Florida. 63.25% have a high school degree or
higher and 25.49% have a bachelor degree or higher in
2012 Renter Occupied
Housing Units
Melbourne. Melbourne has a higher number of Master
2012 Vacant Housing
Units
has a higher percentage of individuals with an associates‘s
Degree recipients than the State of Florida. Melbourne also
degree (10.7%) compared to the State of Florida (8.4%).
The City of Melbourne is also the education system center
0.00%
City of
Brevard County State of Florida
Melbourne
Florida Institute of Technology Graduating Class (below)
of the Space Coast.
The City of Melbourne’s educational system is anchored
by the Florida Institute of Technology, Eastern Florida State
College, Everest University, Kaiser University, and Warner
Southern College. Five of Brevard County’s ten institutions
for higher learning (post-secondary) are located within
the City of Melbourne.
Due to the high educational
attainment and continuous supply of post-secondary and
technical graduates the City of Melbourne has an ample
and educated workforce capacity.
3
PROFILE
Educational Attainment Levels
Melbourne’s vibrant history with the space program and
growing roster of resident technology oriented companies
70.00%
has developed a robust industry community comprised of
60.00%
manufacturing and technology sectors. Manufacturing is
50.00%
one of largest employment sectors for the City comprising
10.51% of businesses compared to 7.29% in Brevard
County and only 4.74% in the State of Florida. Professional/
Scientific/ Tech Services also comprise higher percentages
of employees and businesses than both Brevard County
40.00%
Post-Secondary Degree +
20.00%
Professional/Scientific/Tech
10.00%
services employment and businesses represent 10.17%
0.00%
and the State of Florida.
Secondary Degree +
30.00%
and 6.41% of Melbourne’s industrial sectors respectively.
City of
Melbourne
Brevard County and the State of Florida both lag behind
Brevard
County
State of
Florida
the City in each of these sectors. Melbourne’s technology
and manufacturing sector leadership position is affirmed
by the presence of Rockwell Collins, Inc., Embraer
Corporation, Vision Systems, Harris Corporation, Northrop
Grumman Systems Corporation, and DRS Tactical Systems,
Inc.
These industry sectors are complemented by an
equally robust healthcare industry sector (18.8% of total
employment) that is almost double the State of Florida’s
(10.6% of total employment) proportion of healthcare
industry employment.
The City of Melbourne’s demographic and economic
profile presents a City that is stable, cost efficient and
an ideal place to grow a business and raise a family.
Melbourne is equipped with a young, extremely well
educated and technically advanced work force and
Total Employment by Sector
12.00%
10.00%
8.00%
6.00%
10.51%
7.29%
6.41%
4.74%
4.00%
4.48%
6.20%
5.19%
2.56%2.66%
2.00%
0.00%
Manufacturing
City of Melbourne
Information
Brevard County
Prof/Scientific/Tech Srv
State of Florida
Professional/Scientific/Tech Services Employees
an established manufacturing and technology industry
base. Melbourne is the ideal location for establishing and
growing your technology, aerospace, manufacturing and
medical service business. Home to one of the State’s best
primary and secondary educational systems, numerous
post-secondary and technical training providers, an
affordable, high-quality housing stock, a competitive cost
of living and breathtaking natural resources, make the
City of Melbourne the ideal location to raise your family!
“Brevard County is ranked number 3 of Top 100 metro areas in the country for science,
technology, engineering and math (STEM) jobs.”
- Brookings Institute, Orlando Sentinel, 2013
BENEFITS of
relocating
LOCATION | EMPLOYMENT | QUALITY OF LIFE | INDUSTRY | NATURE | HIGH TECH | FAMILY VALUES
In today’s competitive global economy, it
“Success breeds success and Melbourne
is anchored by high-tech goliaths; AAR
Corp., Northrop Grumman, Rockwell
Collins, and Lockheed Martin. Resources
these hightech companies need are here,
and they know it”
– Space Coast EDC
has become increasingly important to find
a location that can offer businesses distinct
advantages in the right environment. The
population is over 77,000 and continues
to grow at a steady rate. Melbourne
offers a low-cost environment, quality
infrastructure, highly educated workforce
and a great quality of life!
1. Location
Centrally located along Florida’s Space Coast, Melbourne provides
quick and easy access to the eastern United States and Southern
Hemisphere via daily scheduled flights from Melbourne International
Airport and quick over the road connection to anywhere in the
continental U.S. Melbourne is approximately 35 miles south of the
Kennedy Space Center and 65 miles east of Walt Disney World,
providing easy access to Central Florida and points beyond via
Interstate-95 which runs north/south with east/west access provided
by the Beachline Expressway (S.R. 528) and U.S. 192, which runs
through Melbourne to the beaches.
2. Quality of Life
The Melbourne area is a great place to live and work. It offers a
beach town atmosphere and the amenities of a large metropolitan
area. The schools in Brevard County are recognized for their quality
education, student involvement, and athletic excellence. The
City is surrounded by Florida’s stunning natural amenities such as
the Indian River Lagoon and the beaches. Melbourne’s cultural
amenities and art scenes include local musicians and artists in its
downtown venues, as well as national and international performers
at the King-Performing Arts Center.
3. Highly Educated Workforce
Florida’s Space Coast region boasts 48 engineers per 1,000 workers;
RELOCATING 4
more than any other Florida metropolitan area. The area also has the most concentrated high-tech economy in the state
of Florida and the 8th most concentrated in the nation. Melbourne’s growing aerospace and technology cluster ensures
an ever growing supply of well educated, highly trained technical workers and professionals. Great primary and secondary
schools coupled with nationally ranked technological training providers make Melbourne an educational powerhouse!
4. Pro-Business City Government
Melbourne’s pro-business City government is committed to planned, sustainable growth, creating job opportunities for
residents, and maintaining and improving the overall quality of life for Melbourne residents and visitors. The City collaborates
closely with relocating or expanding businesses to provide them with the support they need, and rewards corporate partners
who create jobs and invest in the community. The City of Melbourne has demonstrated its pro-business strategy through
partnerships with Melbourne International Airport, Enterprise Florida Inc., and the economic development community to
create and strengthen its aerospace and technology cluster. In addition, the Space Coast Economic Development
Commission is positioned to help businesses prosper. The cost of doing business in Melbourne is often lower than other markets
in Florida and the nation.
5. Quadramodal Transportation Hub: Land, Sea, Air, Space
The Space Coast’s unique history provides the world’s only quadramodal transportation hub – land, air, sea, and space. From
cruise ship to space ship, automobile to train - Melbourne’s central location on the Atlantic coast is readily equipped for
major space, air, sea, and highway and rail corridor transportation.
6. Attractive Tax Climate and Business Climate
Florida offers attractive tax codes that other states do not offer, including: no state personal income tax, no state level
property tax, no business inventory tax, and no corporate income tax on limited partnerships and s-corporations.
7. FTZ #136
Melbourne is home to FTZ (Foreign Trade Zone) #136. The South Hub spans 1,876.2 acres in the immediate area of Melbourne
International Airport and the City of Melbourne. Foreign Trade Zone 136 allows qualified business the option to defer or
eliminate U.S. Customs’ duties on imported goods, making Melbourne a cost effective location for manufacturing and
exporting firms.
“Ranked 11th in US City for high-tech GDP Growth, 2011-2012”
- 2013 Best Performing Cities, Milken Institute
BENEFITS of
relocating
LOCATION | EMPLOYMENT | QUALITY OF LIFE | INDUSTRY | NATURE | HIGH TECH | FAMILY VALUES
8. Warm and Sunny
Melbourne enjoys the benefits of Central Florida’s ideal coastal
climate. Melbourne, Florida averages 242 sunny days annually
with extremely mild winter seasons between 50° - 70° (F) and only
averages 2.9 days per year with frost. With such an abundance
of good weather, outdoor activities along the Atlantic coastline
are plentiful for both the adventurous of heart and those seeking
out relaxation. Mild winters and a lush blooming landscape all year
round might be one of the highest selling points for those relocating
from colder parts of the county. According to the National Weather
Service, there has been no record of snow or snow flurries in the
City of Melbourne in the last 76 years.
9. Community Redevelopment Districts
Three
redevelopment
districts
were
created;
The
Historic
Downtown Melbourne Redevelopment District, The Babcock
Street Redevelopment District and the Olde Eau Gallie Riverfront
Redevelopment District to maintain the original commercial
corridors and historic elements of Melbourne, . The community
redevelopment districts have fostered continued improvement
of the City’s historic assets and commercial areas. Beautification
of sidewalks, improved parks and convenient parking areas have
sparked private investment economic activity and vitality in these
targeted areas. Commercial renovation, infill development and the
establishment of large local employers continue the invigoration of
the City’s redevelopment areas.
“Land, Sea, Air, Space – we have a special appreciation for
transporting people and goods in the most efficient and costeffective ways” – Space Coast EDC
RELOCATING 4
CONTACT
CITY OF MELBOURNE
OFFICE OF THE MAYOR
CITY MANAGER
City Hall
Kathy Meehan
Mike McNees
[email protected]
[email protected]
citymanager@
321.608.7000
321.608.7220
melbourneflorida.org
TARGETED | BREVARD | SPACE COAST | QUICK REPONSE | ECONOMIC DEVELOPMENT
321.608.7200
COMMUNITY DEVELOPMENT
(PLANNING AND
ECONOMIC DEVELOPMENT)
BUSINESS TAX RECEIPTS
(Occupational Licenses)
BREVARD COUNTY
PROPERTY APPRIASER
business_tax_receipts@
[email protected]
P&Z@melbourneflorida.
321.255.4440
321.608.7500
321.608.7038
CITY CLERK’S OFFICE
UTILITY CUSTOMER SERVICE
Cathleen A. Wysor
CODE COMPLIANCE
DIVISION
[email protected]
codecompliance@
321.608.7220
New Accounts
321.608.7905
321.608.7100
water/sewerbills@
EASTERN FLORIDA STATE
COLLEGE SMALL BUSINESS
DEVELOPMENT CENTER
Building Section
Emergency Utility Services
321.608.7915
321.674.5726 (7:30-4:00 m-f)
1.888.747.2805 X 5570
Code Enforcement
321.608.7902 (24 hrs)
321.255.4622 (24 hrs)
321.433.5570
321.608.7905
BREVARD WORKFORCE
DEVELOPMENT BOARD
http://brevardworkforce.com
EASTERN FLORIDA STATE
COLLEGE MELBOURNE
CAMPUS
MELBOURNE REGIONAL
CHAMBER OF EAST
CENTRAL FLORIDA
[email protected]
www.easternflorida.edu
www.melb_chamber.org
321.504.7600
321.632.1111
321.724.5400
BETTER BUSINESS COUNCIL
ECONOMIC DEVELOPMENT
OF MELBOURNE REGIONAL COMMISSION OF FLORIDA’S
CHAMBER OF EAST CENTRAL
SPACE COAST
FLORIDA
www.spacecoastedc.org
SPACE FLORIDA (SOUTH
CAMPUS)
CAPE CANAVERAL
www.spaceflorida.gov
bbc@
[email protected]
[email protected]
melbourneregionalchamber.
321.638.2000
321.730.5301
FLORIDA HIGH TECH
CORRIDOR
MELBOURNE INTERNATIONAL
AIRPORT
floridahightech.com
Jack M. Schluckerbier, PhD
FLORIDA TECH RESEARCH
PARK ECONOMIC
DEVELOPMENT OFFICE
407.708.4630
DIRECTOR OF LAND DVMT.
1050 W. NASA Blvd, 32901
[email protected]
321.674.8742
com
321.724.5400
321-723-6227 ext. 211
INCENTIVES 5&6
INCENTIVES
CITY OF MELBOURNE INCENTIVES:
Contact | Doug Dombroski | [email protected] | 321.608.7500
Ad-Valorem Tax Exemption Program Designed to assist economic development through exempting certain property taxes. For new
construction and business expansions.
Melbourne Economic Enhancement District (MEED) The City has designated over 6,000 acres within the City’s prime business development
areas as the Melbourne Economic Enhancement District. This designation enables businesses and land owners within the district to access to
State and Federal incentives and clean-up funds for impacted sites.
Melbourne Permit Assistance and Expedited Permitting City provides permit assistance and expedited permitting to targeted industries and
companies seeking to expand or relocate within the City.
Site/Facility Location Assistance Melbourne Economic Development staff is available to assist small to large businesses in the site/facility
location process. Assistance is client specific, based on particular location needs, the amount of space and/or acreage needed,
telecommunications requirements, and other key factors. Staff will search our database of commercial properties and develop a “short list”
of location options for consideration.
BEVARD COUNTY INCENTIVES:
Contact | Howard Tipton| [email protected] | 321.633.2001
Brevard County Tax Abatement Program Brevard County offers abatement of general property taxes for up to 10 years for businesses that
meet certain criteria. The level of abatement is based on projected employment and capital development. Not offered for school, special
district or special purpose taxes.
SPECIALIZED TECHNICAL INCENTIVES:
Contact | Space Coast EDC| [email protected] | 321.638.2000
Space Coast Incentive Fund Assists in expanding existing Brevard County high-tech and manufacturing businesses and attracting new
businesses to the Space Coast. This fund, will supplement existing state and local economic development incentives. Awards will be granted
based on several factors: job creation, economic impact, return on investment, financial stability and timeliness for completion.
STATE OF FLORIDA INCENTIVES:
Contact | Space Coast EDC| [email protected] | 321.638.2000
Qualified Target Industry (QTI) Tax Refund Program Requires local match. Incentive available for companies that create high wage jobs in
targeted high value-added industries.
Quick Response Training (QRT) Program A customer-driven program designed to assist new value-added businesses and provide existing
Florida businesses the necessary training for expansion.
Incumbent Worker Training (IWT) Program Provides training to currently employed workers.
Economic Development Transportation Fund (Road Fund) Otherwise known as the “Road Fund,” offers up to $2 million in grants, through the
State of Florida, to alleviate transportation challenges that impact the location or expansion of headquarter operations or manufacturing/
recycling facilities.
High Impact Business Performance Incentive Grant The project must operate within designated high-impact portions of the following sectors:
biomedical technology, financial services, silicon technology, and transportation equipment manufacturing; create at least 100 new full-time
jobs in a three-year period; and make a cumulative investment of at least $100 million in a three-year period.
Capital Investment Tax Credit Eligible projects are in designated, high-impact sectors and create at least 100 jobs and invests at least $25
million in eligible capital costs.
Expedited Permitting Assistance/Streamlining Process Permit-streamlining among the State’s regulatory agencies and local governments to
provide quicker, less costly and more predictable permitting processes.
Qualified Defense Contractor Tax Refund Pre-approved projects receive tax refunds of up to $5000 per job created or saved in Florida.
Sales Tax Electricity Exemption Allows for sales tax exemptions on electricity and boiler fuels used to operate machinery and equipment for
manufacturing, pollution control equipment, recycling equipment, maintenance equipment or monitoring/control equipment.
Aviation Industry Tax Exemptions These industry tax exemptions include the maintenance or repair of aircraft, equipment used in aircraft
maintenance or repair, and fixed wing aircraft sales or leases.
Space Industry Tax Exemptions Exemption of sales and uses taxes that would otherwise be paid by the qualifying business on machinery and
equipment used in production and research and development.
Additional State Incentives No state personal income tax; no State-level ad valorem tax; no inventory tax; exemptions from sales tax on
manufacturing machinery/equipment used in production; sales and use tax exemptions for research and development costs; sales tax
exemptions for the motion picture, television and recording industries; and International transactions exempted from documentary stamp tax
and international banking transactions from intangible tax.
Brochure Prepared By:

Where Tradition meets Innovation

Transcription

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