Team Tampa Bay
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Team Tampa Bay is a collaborative effort between the seven Economic Development Organizations in the Tampa Bay area. Team Tampa Bay works to promote the Tampa Bay region as the premier destination for businesses to locate and expand.
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Team Tampa Bay
- 2. WELCOME TO TAMPA BAY
- 3. • Three MSAs • Tampa-St. Petersburg-Clearwater; Lakeland-Winter Haven; North Port-Sarasota- Bradenton • Counties of Hernando, Pasco, Pinellas, Hillsborough, Polk, Manatee, Sarasota • Population – 4.6 million • Total labor force – 1.8 million • 34,013 college degrees annually • Median age: 41 TAMPA BAY REGION
- 4. TAMPA BAY REGION • Top 10 U.S. Industrial Market (Colliers International) • #1 in the U.S. “Where Americans are Moving To” (Forbes) • #1 Best State for Business (Chief Executive Magazine) • #3 Most Cost Friendly Large City Business Location (KPMG) • 11th Largest U.S. Media Market in the U.S. • 18th Largest Metropolitan Area in the U.S. • MacDill AFB Home to CENTCOM & SOCOM
- 5. TAMPA BAY REGION 4 International Airports with over 80 domestic & international flights: • Tampa International Airport • St. Pete-Clearwater International Airport • Sarasota-Bradenton International Airport • Lakeland-Linder International Airport Universities and Colleges in the Region: • University of South Florida • Florida Polytechnic University • University of Tampa • St. Leo University • St. Pete College • Pasco-Hernando State College • State College of Florida • Polk State College 2 Deep Water Ports including Florida’s largest port and closest port to the Panama Canal: • Port Tampa Bay • Port Manatee
- 6. Aviation & Aerospace TARGET INDUSTRIES FOR GROWTH
- 7. MAJOR EMPLOYERS IN TAMPA BAY
- 8. HOW WE HELP BUSINESSES ECONOMIC DEVELOPMENT RESOURCES Confidential Site Selection Assistance Local Market Expertise Custom Research and Business Intelligence Financial Incentives (EFI/Local Gov) Expedited Permitting Access to Local Leadership Employee Relocation & Recruitment Assistance Workforce Training Marketing and Community Outreach
- 9. SUCCESS STORIES – HERNANDO COUNTY
- 10. SUCCESS STORIES – HERNANDO COUNTY
- 11. SUCCESS STORIES – PINELLAS COUNTY S.S. White is the World Leader in Flexible Shaft Technology • Advanced manufacturing headquarters relocation project • from Piscataway, New Jersey to Pinellas County, Florida • 120 net new to Florida jobs • Jobs at 150% of Florida’s average wage • $5 million capital investment • Operations in the United Kingdom and India • Target industries: headquarters, aviation/aerospace, medical manufacturing • Qualified Target Industry incentive of $6,000 per net new job
- 12. S.S. White Global Headquarters • $1,900,000 • 87,000 square feet • 10.14 waterfront acres • 16,000 AMPS electric • Fully airconditioned • Sprinklers • UPS Partners • Pinellas County Economic Development • State of Florida • City of Seminole • Duke Energy • CareerSource Pinellas • Pinellas Technical College • St. Petersburg College SUCCESS STORIES – PINELLAS COUNTY
- 13. Power Design is a National Design Build Electrical Contractor • Corporate headquarters expansion project • Competed with sites in Georgia and Texas • 85 net new to Florida jobs • Jobs at 150% of Pinellas County’s average wage • $5.5 million capital investment • Nationwide operations with over 1,900 total employees • Target industry: corporate headquarters • Qualified Target Industry incentive of $6,000 per net new job awarded in partnership with the State of Florida and the City of St. Petersburg • State of Florida Quick Response Training Grant Award of over $700K SUCCESS STORIES – PINELLAS COUNTY
- 14. Lakeland, Florida • 700 jobs • $50 million cap-x • $46k average wage • 190,000 square feet Publix Super Markets Corporate Headquarter Expansion Publix ultimately decided to expand locally to continue its commitment to the community where the company was founded in 1932. SUCCESS STORIES – POLK COUNTY
- 15. Frostproof, Florida • 250 jobs • $240 million cap-x • $66k average wage • 250,000 square feet Nucor Steel Manufacturing - New Micro-Mill One of Nucor Steel Florida’s main needs for a new site was rail access. Polk County has 330+ miles of rail making it a preferred location. SUCCESS STORIES – POLK COUNTY
- 16. SUCCESS STORIES – SARASOTA COUNTY
- 17. New Product – Sarasota County 1.1 million square feet across 2 projects • 820,000 square feet of new construction light industrial/warehouse product • Interstate frontage Sarasota 75 Benderson Development I-75/Toledo Blade • 2 – 140,000 square foot new construction light industrial/warehouse product • Interstate frontage SUCCESS STORIES – SARASOTA COUNTY
- 18. SUCCESS STORIES – HILLSBOROUGH COUNTY • Defense and simulation company CAE USA broke ground on a new 290,000 SF U.S. Headquarters • HQ will comprise of corp. offices, training center, and manufacturing of aviation simulators for DoD contracts and foreign allies. • 100 new jobs; 500 retained jobs • $48,000,000 Capital Investment
- 19. SUCCESS STORIES – HILLSBOROUGH COUNTY • First Fortune 500 company (No. 377) to relocate corporate headquarters to Tampa/Hillsborough County. • The world’s largest combined producer of potash and phosphates, two key plant nutrients. • Currently has 150 employees at its corporate office • Employs 3,000 Floridians and an additional 3,000 contractors • Joins list of homegrown Fortune 500s, including: Publix (No. 85) Tech Data (No. 107) Jabil (No. 152) Raymond James (No. 469) • Benefits of the move: Significant long-term cost savings, shift corporate footprint closer to Central Florida and Brazil – two sites where it has a significant presence
- 20. THANK YOU Hillsborough County – www.tampaedc.com Tampa Hillsborough EDC Adam Myers amyers@tampaedc.com 813-518-2660 Pinellas County – www.pcedc.org Pinellas County Economic Development Scott Talcott Stalcott@Pinellas.fl.us 727-464-7353 Hernando County – www.hernandobusiness.com Hernando County Economic Development Valerie Pianta vpianta@hernandocounty.us 352-540-6400 Polk County – www.cfdc.org Central Florida Development Council Alex Price alex@cfdc.org 863-937-4430 Sarasota County – www.edcsarasotacounty.com Economic Development Corporation of Sarasota County Destin Wells dwells@edcsarasotacounty.com 941-309-1200 Ext. 101