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Colin Brown - Broward Alliance

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Why GREATER FORT LAUDERDALE<br />

<strong>Colin</strong> <strong>Brown</strong><br />

President and CEO<br />

JM Family Enterprises, Inc.<br />

“Founded by automotive legend Jim Moran,<br />

JM Family Enterprises has been proud to be a<br />

part of Greater Fort Lauderdale since 1968. For<br />

more than 40 years, we have developed deep and<br />

meaningful roots within <strong>Broward</strong> County and<br />

our achievements as a diversified automotive<br />

corporation are the result of the many hardworking<br />

associates who call South Florida<br />

home. Along with over 150 other companies<br />

headquartered in the area, we believe Greater Fort<br />

Lauderdale provides an exceptional environment<br />

for business success and community engagement.”<br />

6 www.gflalliance.org


Why Greater<br />

Fort Lauderdale<br />

With a large skilled workforce, appealing tax climate, dynamic<br />

international connections and exceptional quality of life, Greater Fort<br />

Lauderdale is one of the world’s most attractive business locations.<br />

AutoNation Headquarters in Fort Lauderdale<br />

Why GREATER FORT LAUDERDALE<br />

Many Fortune 500 companies have chosen<br />

<strong>Broward</strong> for their corporate and regional<br />

headquarters, while innovative start-ups,<br />

manufacturers, technology companies,<br />

distributors, and global service companies<br />

find that Greater Fort Lauderdale offers the<br />

right combination of assets for sustainable<br />

business success.<br />

Cbeyond, Embraer, Foxconn, General<br />

Dynamics C4 Systems, Marriott International,<br />

and Research in Motion are just a few of the<br />

companies that have expanded their <strong>Broward</strong><br />

operations or chosen the Greater Fort<br />

Lauderdale area for new facilities.<br />

One of the key reasons is that <strong>Broward</strong> has<br />

a large, well-educated workforce with a high<br />

level of technology skills, as well as creative<br />

professionals in touch with today’s market<br />

trends. Another appeal is the county’s businessfriendly,<br />

low-tax environment that includes<br />

financial incentives for qualifying businesses.<br />

Greater Fort Lauderdale offers a high quality<br />

of life, including a wide array of housing<br />

choices, excellent schools, and year-round<br />

golf, boating and other outdoor activities.<br />

It’s a great place to build a company, raise a<br />

family and enjoy all the good things in life.<br />

An Ideal Location<br />

for Corporate Headquarters<br />

AutoNation, the largest U.S. automotive<br />

retailer, is among the 150 public and private<br />

companies with corporate headquarters in<br />

Greater Fort Lauderdale/<strong>Broward</strong> County.<br />

“AutoNation is proud to have been a Fort<br />

Lauderdale-based company from Day One,”<br />

said Mike Jackson, chairman and CEO.<br />

“This community has supported us with<br />

its outstanding talent, its business-friendly<br />

policies and its welcoming spirit. That special<br />

combination of factors is a leading reason<br />

why we’ve been able to grow as quickly and<br />

as successfully as we have.”<br />

Here are some of the key reasons major<br />

companies are choosing Greater Fort<br />

Lauderdale/<strong>Broward</strong> County for their<br />

corporate or regional headquarters:<br />

• A central location of the South Florida<br />

metropolitan statistical area (MSA), the<br />

largest in the Southeast with a population of<br />

more than 5.4 million<br />

• A broad based and diverse multilingual<br />

workforce continuously enhanced through<br />

education of 350,000 college students each year<br />

• Access to both domestic and international<br />

markets with three airports in close<br />

proximity, including convenient service to<br />

Latin America, the Caribbean and Europe<br />

• State-of-the-art telecommunications<br />

infrastructure, including international cable<br />

landings and Tier-1 Network Access Points<br />

High National Rankings<br />

Greater Fort Lauderdale continues to be one of the most attractive business locations<br />

in the country, as evidenced by the following recent national rankings.<br />

• Florida ranked 5th in the nation for business-friendly tax climate, according to the Tax<br />

Foundation’s 2010 State Business Tax Climate Index. The index ranks states based on the taxes that<br />

matter most to businesses and business investment: corporate income, individual income, sales,<br />

property and unemployment insurance taxes. Florida received an overall No. 5 ranking, which it has<br />

held since 2006. Also, Florida is among seven states that levy no individual income tax.<br />

• The Miami-Fort Lauderdale metropolitan area was the third least-costly place to do business<br />

among 22 U.S. cities or metropolitan areas with populations exceeding 2 million, according to<br />

a recent study by KPMG LLP. Compared with a U.S. index rating of 100, Miami-Fort Lauderdale<br />

has a cost of 93.8 for corporate and IT services, 92.2 for research and development and 97.8 for<br />

manufacturing. The region benefits from low labor and transportation costs, the study said.<br />

• Miami-Fort Lauderdale was ranked 7th among the “Nation’s Best Places to Start a Small<br />

Business” (Bizjournals, 2010).<br />

• Greater Fort Lauderdale’s JM Family Enterprises and Balfour Beatty Construction were named to<br />

Fortune magazine’s 2010 list of “Best Companies to Work for List.”<br />

• Miami-Fort Lauderdale ranks among the nation’s “Top 100 Tech Centers” (Bizjournals, May 2009).<br />

• With 65 percent broadband adoption, 18 broadband providers and 13,403 people per WiFi<br />

hotspot, the Greater Fort Lauderdale-Miami MSA ranks among the most wired broadband areas in<br />

the nation, according to Forbes (March 2010).<br />

• Fort Lauderdale and Coral Springs were named “North American Cities of the Future/Top Cities in<br />

North America” by fDi Magazine, (April/May 2009).<br />

Greater Fort Lauderdale <strong>Alliance</strong> economic sourcebook 7


Why GREATER FORT LAUDERDALE<br />

• Highly ranked public and private schools,<br />

colleges and universities<br />

• A plentiful inventory of reasonably priced,<br />

high-quality executive housing<br />

• Five professional sports teams in the<br />

region covering baseball, basketball,<br />

football, hockey and soccer<br />

• Year-round outdoor recreation in a highly<br />

favorable climate<br />

Regional Cooperation<br />

South Florida (Miami-Dade, <strong>Broward</strong> and<br />

Palm Beach Counties) has been designated<br />

a “megaregion of the future” and a driver<br />

of future U.S. economic growth. In an April<br />

2009 special section, “South Florida: Where<br />

Innovation, Creativity, Education and<br />

Global Access Meet,” Inc. magazine called<br />

the region “one of the most connected<br />

places on earth.”<br />

The Inc. article cited South Florida’s<br />

transportation connections and<br />

deep business and cultural ties to<br />

Latin America, the Caribbean, and<br />

Europe. “Companies that do business<br />

internationally particularly covet the area’s<br />

skilled, multi-cultural workforce,” said the<br />

article. “Altogether, the region’s growing<br />

bioscience cluster, thriving industries,<br />

international population, and popularity<br />

as a destination make it a dense, active<br />

business community.”<br />

Overall, South Florida is the 7th largest<br />

metropolitan statistical area (MSA) in the<br />

nation with 5.4 million residents – roughly<br />

one-third of Florida’s total population.<br />

Approximately 60 percent of the population<br />

is in the prime working ages.<br />

South Florida business and community<br />

leaders work together to take a regional<br />

approach to economic development. For<br />

example, the Greater Fort Lauderdale<br />

<strong>Alliance</strong>, The Miami-Dade Beacon<br />

Council, and The Business Development<br />

Board of Palm Beach County jointly<br />

developed a regional marketing<br />

campaign called “South Florida: Your<br />

Global Business Connection” where the<br />

South Florida area is marketed through<br />

brochures and DVD’s in multiple<br />

languages (English, French, German,<br />

Italian and Spanish).<br />

Other examples of regional cooperation in<br />

recent years include:<br />

• Presentations at BIO 2006 in Chicago, BIO<br />

2007 in Boston and BIO 2009 in Atlanta.<br />

BIO is the world’s largest biotech conference.<br />

• A regional approach to marketing Super<br />

Bowl XLI, held February 4, 2007 at Dolphin<br />

Stadium in northern Miami-Dade.<br />

• Joint support for Scripps Florida in Palm<br />

Beach County, the Free Trade Area of the<br />

Americas (FTAA) and the Network Access<br />

Companies from around the world are<br />

choosing Greater Fort Lauderdale for their<br />

operations. Here are some recent examples<br />

of companies who have located, relocated or<br />

expanded in the area:<br />

Locations and Relocations<br />

Kaplan University<br />

Kaplan University celebrated the grand<br />

opening of its new location in the City<br />

of Plantation at a recent ribbon-cutting<br />

ceremony. Plantation Mayor Rae Carole<br />

Armstrong welcomed the university,<br />

saying an educated workforce is the key to<br />

economic development and the backbone<br />

of future business development. “Kaplan<br />

provides a different school of thought on<br />

how to deliver educational programs, an<br />

impressive use of technology and a broad<br />

curriculum to meet the diverse needs that<br />

are so critical to our city and the workforce<br />

today,” said Armstrong.<br />

The new site opened in October 2009. It<br />

houses admissions officers and other online<br />

student support staff, as well as a Kaplan<br />

University Learning Center. The center is<br />

designed to provide face-to-face support<br />

services and up to four classroom-based<br />

courses for local online students. The site<br />

already has nearly 500 employees and will<br />

eventually house 700.<br />

“This is our fourth support center in<br />

<strong>Broward</strong> County, but it’s really a first for our<br />

university,” said Gregory Marino, president<br />

of Kaplan University Group. “This is the<br />

first location that combines the best of<br />

both worlds at Kaplan: a support center to<br />

assist students who attend classes online<br />

from anywhere in the world and a Kaplan<br />

University Learning Center that offers faceto-face<br />

advisor support and some classroom<br />

courses for online students living here in<br />

South Florida. We couldn’t be more excited<br />

about bringing this 21st century learning<br />

model to <strong>Broward</strong> County.”<br />

Kaplan continues to open new sites to<br />

accommodate its growing student body.<br />

Point in Miami-Dade.<br />

Recent Locations, Relocations<br />

and Expansions<br />

• Assistance with the passage of international<br />

insurance legislation.<br />

• Support for Qualified Tax Incentive and<br />

Enterprise Zone legislation at the state level.<br />

The university opened a Learning Center in<br />

Delray Beach earlier this year, an Orlando<br />

online student support center in 2009 and a<br />

third Fort Lauderdale support center in 2008.<br />

Kaplan opened its first offices in South Florida<br />

in 2000 with 65 employees and today has<br />

nearly 3,000 employees here.<br />

Vutec<br />

Vutec, a leading international manufacturer<br />

of video projection screens and lighting<br />

industry products, has relocated its<br />

102,195-square-foot facility in Coral Springs<br />

Corporate Park. The new facility will house<br />

the company’s offices and its vertically<br />

integrated manufacturing operations.<br />

Vutec’s complete line of state-of-the-art,<br />

award-winning video projection screens and<br />

accessories will be manufactured there. “We<br />

are pleased to welcome a global technology<br />

leader to Coral Springs and continue the<br />

planned expansion of the Corporate Park,”<br />

said Ralph Merritt, chairman of the Coral<br />

Springs Economic Development Foundation,<br />

and Mayor Scott Brook in a joint statement.<br />

To help facilitate the company’s relocation,<br />

the City Commission approved the issuance<br />

of $4.2 million in Industrial Development<br />

Revenue Bonds (IDBs) to help finance the<br />

cost of the project. IDBs provide a source of<br />

long-term, below-market-rate financing of<br />

capital requirements for new or expanding<br />

manufacturing facilities.<br />

Zeno Office Solutions<br />

Zeno Office Solutions, one of the largest<br />

independent office equipment dealer and<br />

service providers in the country, has relocated<br />

its South Florida office to the Miramar Park<br />

of Commerce. The company is leasing 11,768<br />

square feet of office and warehouse space.<br />

The Miramar office employs 30 people.<br />

Expansions<br />

Great HealthWorks<br />

Hollywood-based Great HealthWorks<br />

recently announced plans to add 200 jobs<br />

by 2011 thanks to a financial infusion from<br />

the $450 million Florida Mezzanine Fund,<br />

a new private venture capital fund created<br />

8 www.gflalliance.org


to loan to businesses within the state.
The<br />

company, which has 85 employees and<br />

makes highly concentrated omega-3 pills,<br />

recently moved from a 9,000-square-foot<br />

location into a 39,000-square-foot facility<br />

in Hollywood.<br />

Recent Relocations and Expansions<br />

Company City Type of<br />

Facility<br />

Franklin Resources, Inc.<br />

Franklin Resources, Inc., the global<br />

investment management organization known<br />

as Franklin Templeton Investments, has<br />

signed a lease for 80,448-square-feet at 300<br />

Las Olas Place in downtown Fort Lauderdale.<br />

Sq.<br />

Ft. of<br />

Project<br />

Direct Capital<br />

Investment<br />

Jobs<br />

Created<br />

Jobs<br />

Retained<br />

Recent Blackbox GPS Locations, Pompano Relocations and Expansions<br />

Under a 10-year lease, Franklin Templeton<br />

will occupy a major portion of Stiles’ current<br />

corporate headquarters building. The<br />

investment management firm will relocate its<br />

350 employees from its prior downtown Fort<br />

Lauderdale office location.<br />

Product/Service<br />

bioRASI Hollywood Office 8,000 $620,000 45 Headquarters for biomedical contract R&D<br />

organization<br />

Beach<br />

Office 3,400 $35,000 7 Provides asset monitoring solutions, giving<br />

companies the ability to locate and monitor their<br />

vehicles and assets 24 hours a day<br />

Cbeyond Miramar Office 20,000 $14,500,000 100 Facilities-based Voice over Internet Protocol (VoIP)<br />

telecommunications carrier<br />

Cruise Lines<br />

International Association<br />

Diamond Powersports<br />

Fort<br />

Lauderdale<br />

Coral<br />

Springs<br />

Office 10,000 $180,000 36 Official trade organization of the cruise industry<br />

Manufacturing 11,000 $300,000 12 Manufacturer of motorcycle parts and equipment<br />

Experience Media Weston Office 3,000 $25,000 3 Developer of highly interactive rich media for<br />

E-learning applications<br />

FHP/Bosch<br />

Florida Services &<br />

Information, LLC<br />

Fort<br />

Lauderdale<br />

Pompano<br />

Beach<br />

Office and<br />

Manufacturing<br />

117,279 $7,800,000 335 49 Manufacturer of heat pumps<br />

Office 1,000 $100,000 2 Provides tourism related research services on<br />

Florida<br />

FoxConn Sunrise Office 42,000 $2,000,000 200 Wireless/mobile communications R&D, engineering<br />

design and global information technology<br />

FoxConn (Phase 2) Sunrise Office 50,000 $17,000,000 150 51 Wireless/mobile communications R&D, engineering<br />

design and global information technology<br />

General Dynamics C4 Sunrise Office 35,000 $2,000,000 200 Communications technology manufacturer<br />

Systems (Phase 1)<br />

General Dynamics C4 Sunrise Office 45,000 $1,500,000 150 Communications technology manufacturer<br />

Systems (Phase 2)<br />

General Services<br />

Administration<br />

Miramar Office 70,000 $15,050,000 280 Government offices<br />

Goodwin Biotechnology,<br />

Inc.<br />

Home Diagnostics, Inc.<br />

Plantation<br />

Fort<br />

Lauderdale<br />

Office and<br />

Manufacturing<br />

Office and<br />

Warehouse<br />

10,000 $1,800,000 30 50 Manufacturing of small batch experimental<br />

pharmaceuticals for clinical testing as well as<br />

proteins and antibodies compounds<br />

34,000 $30,000,000 135 305 Researcher, developer and manufacturer of diabetes<br />

products and blood glucose monitoring systems<br />

Kaplan University Plantation Office 120,000 $4,700,000 300 400 Leading international provider of educational and<br />

career services for individuals, schools and businesses<br />

Kemet<br />

Fort<br />

Lauderdale<br />

Office 10,000 $300,000 50 Manufacturer and inventor of electronic capacitor<br />

and component parts<br />

Midnight Express Boats Hollywood Manufacturing 40,000 $300,000 50 Manufacturer of Coast Guard speed boats<br />

Perennity Software Miramar Office 3,500 $200,000 7 Software development for archiving/eDocument<br />

storage<br />

Propulsion Technology Miramar Office and 120,000 $5,000,000 150 Aviation services<br />

Warehouse<br />

Research in Motion Sunrise Office 96,000 $110,000,000 500 Designer and manufacturer of wireless<br />

communications devices and services<br />

Rewards Network Hollywood Office 18,000 $1,000,000 200 Leading provider of dining awards and loyalty<br />

programs across North America<br />

Royal Caribbean Miramar Office 49,650 $2,250,000 410 Global cruise vacation company<br />

Cruise Lines<br />

Solar Transportation Coconut Manufacturing 9,000 $100,000 20 Manufacturer of solar powered golf carts<br />

Solutions<br />

Creek<br />

World Avenue Sunrise Office 36,000 $1,175,000 235 National headquarters for interactive marketing<br />

services<br />

Why GREATER FORT LAUDERDALE<br />

Greater Fort Lauderdale <strong>Alliance</strong> economic sourcebook 9


Why GREATER FORT LAUDERDALE<br />

<strong>Broward</strong> County Fast Facts<br />

Educational Attainment<br />

Population 25 years and over<br />

Advanced Degree 123,551 10%<br />

Bachelor’s Degree 232,906 19%<br />

Some college or 326,503 27%<br />

associate degree<br />

High School Graduate 367,219 30%<br />

No high school diploma 164,675 14%<br />

SOURCE: <strong>Broward</strong> County Planning and Redevelopment Division<br />

10%<br />

10%<br />

19%<br />

14%<br />

19%<br />

14%<br />

27%<br />

30%<br />

27%<br />

30%<br />

Age Distribution<br />

Median age - 38 years<br />

Under 5 years 114,307 7%<br />

6%<br />

7%<br />

8%<br />

17%<br />

5 to 17 years 300,992 17%<br />

18 to 34 years 341,356 19%<br />

35 to 64 years 751,220 43%<br />

43%<br />

19%<br />

65 to 74 years 113,372 6%<br />

75 and over 138,344 8%<br />

SOURCE: <strong>Broward</strong> County Planning and Redevelopment Division<br />

6%<br />

7%<br />

8%<br />

17%<br />

<strong>Broward</strong> Labor Force<br />

Labor Force 986,391<br />

Employment 886,926<br />

Unemployment 99,465<br />

Percentage Rate 10.1%<br />

SOURCE: STATE OF FLORIDA<br />

UNEMPLOYMENT STATISTICS, June 2010<br />

43%<br />

Projected County Population 2000 to 2030<br />

2.0 M<br />

1.9 M<br />

1.8 M<br />

1.7 M<br />

1.6 M<br />

2.1 M<br />

19%<br />

2.2 M<br />

Average<br />

Hourly Earnings<br />

Private Industry $17.96<br />

State and Local Government $25.41<br />

All Workers $19.02<br />

SOURCE: US DEPARTMENT OF LABOR<br />

Housing Units 803,097<br />

Seasonal Units 64,009<br />

Median Household Income $52,670<br />

SOURCE: <strong>Broward</strong> County<br />

Planning Services Division<br />

10 www.gflalliance.org<br />

2000 2005 2010 2015 2020 2025 2030


About The <strong>Alliance</strong><br />

The Greater Fort Lauderdale <strong>Alliance</strong> is<br />

<strong>Broward</strong> County’s official public/private<br />

partnership for economic development.<br />

Its mission is to lead <strong>Broward</strong> County<br />

in building a stronger and more diverse<br />

economy by stimulating the creation of new<br />

jobs and capital investment while facilitating<br />

the growth and retention of businesses in<br />

<strong>Broward</strong> County. Services offered by the<br />

<strong>Alliance</strong> include assistance with business<br />

relocation or expansion and site selection;<br />

incentive programs and information; market<br />

research; small, minority- and womenowned<br />

business assistance; and serving<br />

as a liaison for workforce development<br />

between educational institutions and the<br />

business community.<br />

equivalent employees and gross revenue<br />

during three of the last five years.<br />

BRAVO<br />

One of the major goals of the Greater Fort<br />

Lauderdale <strong>Alliance</strong> is to help companies<br />

of all sizes already located in <strong>Broward</strong><br />

County succeed and prosper. A key<br />

business retention and expansion initiative<br />

is BRAVO (Business Retention Assistance<br />

and Visitation Outreach). Through this<br />

program, representatives of the <strong>Alliance</strong>,<br />

<strong>Broward</strong> County Office of Economic and<br />

Small Business Development and local<br />

municipalities and chambers of commerce<br />

conduct visits to local businesses in an effort<br />

to strengthen the local economy. In the<br />

past year, more than 150 local companies<br />

were visited through the BRAVO program.<br />

The visits include discussions of programs<br />

available to businesses wanting to expand in<br />

<strong>Broward</strong> and information regarding issues<br />

such as workforce development, international<br />

trade and access to financing. In 2008, The<br />

Why GREATER FORT LAUDERDALE<br />

During the past eight years, the <strong>Alliance</strong><br />

has directly assisted more than 2,200<br />

companies, resulting in the creation of<br />

over 12,000 new jobs, the retention of<br />

more than 9,000 jobs and the generation<br />

of over $750 million in capital investment<br />

in <strong>Broward</strong> County.<br />

For more information about the Greater<br />

Fort Lauderdale <strong>Alliance</strong> and its services,<br />

visit www.gflalliance.org.<br />

GrowFL<br />

The <strong>Alliance</strong> recently launched an economic<br />

gardening program, which is based on a<br />

new economic development strategy gaining<br />

popularity nationwide. The innovative<br />

entrepreneur-centered economic growth<br />

strategy is focused on an initiative created<br />

by the State of Florida that allocated $10<br />

million to assist statewide expansion of<br />

Second Stage Growth entrepreneurial<br />

companies. The state’s program established<br />

the Florida Economic Gardening Institute<br />

(FEGI), funded by the Florida Legislature<br />

to cultivate growth companies. It is called<br />

GrowFL and is patterned after a proven<br />

program pioneered in Colorado. The<br />

<strong>Alliance</strong> is part of the GrowFL statewide<br />

partnership. GrowFL will deploy its team<br />

of analysts at no charge to provide qualified<br />

companies with technical assistance<br />

and access to a suite of information and<br />

decision-making tools.<br />

To qualify and be considered as secondstage,<br />

businesses must have 10 to 50<br />

employees and generate $1 million to<br />

$25 million in annual revenue. It must<br />

also have maintained its principal place<br />

of business in the state of Florida for at<br />

least the previous two years and also have<br />

increased both the number of full-time<br />

Deerfield Beach<br />

FAU Innovation Centre JM Family Enterprises Sylvester at Deerfield Beach<br />

It’s where PhDs collaborate with MBAs to create innovative<br />

emerging technologies. Where a diversified automotive<br />

corporation is ranked #30 on Forbes’ list of top private<br />

companies in the US. Where life saving cancer care results<br />

from cutting edge research.<br />

Deerfield Beach Economic Development Office/<br />

Community Redevelopment Agency<br />

954-480-4222 • www.Deerfield-Beach.com<br />

Greater Fort Lauderdale <strong>Alliance</strong> economic sourcebook 11


Why GREATER FORT LAUDERDALE<br />

Royal Palm II in Plantation<br />

<strong>Alliance</strong> received the “Award of Excellence”<br />

from Business Retention and Expansion<br />

International for its BRAVO program.<br />

Minority/Small Business Development<br />

While nearly 90 percent of <strong>Broward</strong>’s<br />

businesses employ fewer than 25 people,<br />

collectively they constitute the largest<br />

sector of the county’s economy. These<br />

small businesses provide a wide array of<br />

products and services to private and public<br />

customers.<br />

In order to best serve this important group of<br />

businesses, the <strong>Alliance</strong> is an active member<br />

of many organizations that promote and<br />

assist in the growth of minority and small<br />

businesses in <strong>Broward</strong> County.<br />

Additionally, each year the <strong>Alliance</strong><br />

awards membership scholarships to<br />

minority and women-owned businesses<br />

to engage these emerging companies in<br />

economic development initiatives and<br />

<strong>Alliance</strong> activities. This is a unique 5-year<br />

program that allows qualified leaders full<br />

membership in the <strong>Alliance</strong> at a subsidized<br />

and escalating rate. This year’s group is<br />

comprised of firms in their second, third<br />

and fourth year in the program, as well as<br />

first year recipients:<br />

• CMA Enterprise Incorporated<br />

• Fleming Executive Group, Inc.<br />

• Gate Medicals, LLC<br />

• KP Ventures LLC-All Seal Exteriors<br />

• Lindsay Group, Inc.<br />

• Law Office of Lorna E. <strong>Brown</strong>-Burton, P.A.<br />

• Providian Construction Group, Inc.<br />

• RandCol Staffing<br />

• Signs by Tomorrow<br />

• TAJ Realty<br />

• The Marome Agency<br />

• The Raven Group, Inc.<br />

• The Vertech Group<br />

• US-CAN International, Inc.<br />

•Westchester International<br />

Global Business Development<br />

Through collaboration with the <strong>Broward</strong><br />

County Office of Economic and Small<br />

Business Development (OESBD), the Greater<br />

Fort Lauderdale <strong>Alliance</strong> and other global<br />

business partners, <strong>Broward</strong> County business<br />

leaders support numerous international<br />

trade initiatives. The goal is to enhance<br />

foreign direct investment, and create export<br />

and import opportunities that will position<br />

<strong>Broward</strong> County as a leader in the global<br />

marketplace. Recent international inbound<br />

and outbound missions include:<br />

• Inbound trade mission from Ecuador - 2010<br />

• Inbound trade mission from Spain - 2010<br />

• Inbound trade mission from United Kingdom<br />

- 2010<br />

• OESBD Outbound mission to China - 2010<br />

• OESBD Outbound mission to Columbia -<br />

2010<br />

• OESBD Outbound mission to Costa Rico -<br />

2010<br />

• OESBD Outbound mission to Japan - 2010<br />

• OESBD Outbound mission to Panama - 2010<br />

• OESBD Outbound mission to South Korea<br />

- 2010<br />

• Inbound trade mission from Venezuela - 2009<br />

• Inbound trade mission from Israel - 2009<br />

and 2007<br />

• Inbound trade mission from Peru - 2010,<br />

2009 and 2008<br />

• Inbound trade mission from Honduras -<br />

2009 and 2007<br />

• Regional trade mission to Peru - 2009<br />

• Regional trade mission to Columbia - 2010<br />

and 2009<br />

• Inbound trade mission from Japan - 2009<br />

• Inbound trade mission from Taiwan - 2010<br />

and 2008<br />

• Inbound trade mission from Argentina - 2008<br />

• Trade visit to Vietnam - 2008<br />

• Inbound trade mission from Dominican<br />

Republic - 2008<br />

• Inbound trade mission from Costa Rica -<br />

2010 and 2008<br />

• County mission to Europe - 2008<br />

• Inbound trade mission from South Africa<br />

- 2008<br />

• Inbound visit from Turkey - 2010 and 2008<br />

• Inbound trade mission from Sichuan<br />

Provincial Federation of Industry and<br />

Commerce of Chengdu, China - 2008<br />

• County mission to Brazil - 2007 and 2003<br />

• Regional trade mission to India - 2007<br />

• Inbound visit from Gold Coast, Australia -<br />

2007 and 2006<br />

• South Florida Business Delegation to<br />

Canada - 2007<br />

• County mission to Mexico - 2007<br />

• Trade mission to Ghana - 2007<br />

• Inbound trade mission from Ghana<br />

Ambassador to the United States - 2007<br />

• County mission to China - 2006 and 2004<br />

• Inbound visit from the Shanghai American<br />

Chamber - 2006<br />

• Inbound logistics trade mission from<br />

Columbia - 2006<br />

• County mission to Spain & Germany - 2005<br />

• Mission to Canada - 2005<br />

• Trade and business mission to Malaysia - 2005<br />

• Inbound government and trade mission<br />

from Shanghai, China - 2004<br />

• County mission to the United Kingdom -<br />

2004<br />

• “Building Bridges” inbound trade mission<br />

from Jamaica - 2004<br />

• Mission to South Africa - 2004 and 2003<br />

• Mission to Hanover, Germany: CeBit,<br />

Technology Trade Show - 2004<br />

• County mission to Costa Rico - February<br />

2004<br />

County business and civic leaders have also<br />

teamed up to form <strong>Broward</strong> International,<br />

an initiative that includes representatives<br />

from the Greater Fort Lauderdale <strong>Alliance</strong>,<br />

International Business Council, Greater<br />

Fort Lauderdale Chamber of Commerce,<br />

District Export Council, Florida Foreign<br />

Trade Association, U.S. Export Assistance<br />

Center, and the Greater Fort Lauderdale<br />

Sister Cities.<br />

12 www.gflalliance.org


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Greater Fort Lauderdale <strong>Alliance</strong> economic sourcebook 13


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Sunny Isles<br />

Hillsboro<br />

Beach<br />

U.S. COAST GUARD BASE<br />

JOHN U. LLOYD BEACH<br />

STATE RECREATION AREA<br />

GULFSTREAM RACE TRACK<br />

A1A<br />

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870<br />

A1A<br />

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RECREATION AREA<br />

808<br />

798<br />

Boca Raton<br />

Inlet<br />

Hillsboro<br />

Inlet<br />

HUGH TAYLOR BIRCH<br />

STATE RECREATION AREA<br />

AT L A N T I C O C E A N<br />

SWIMMING HALL OF FAME<br />

Haulover Cut<br />

Map Bal courtesy Harbor of Dolph Map Company


Close-Up:<br />

Hollywood<br />

With an ideal location on Florida’s east<br />

coast just minutes from Fort Lauderdale<br />

and Miami, Hollywood businesses enjoy<br />

convenient connections by sea, air and<br />

land that help make the city a leader in<br />

international trade, tourism and economic<br />

development.<br />

A Port City<br />

Hollywood is home to over 10,000 businesses<br />

and Port Everglades, the top container port<br />

in Florida. With more than 3 million cruise<br />

passengers annually and approximately $18 billion<br />

in business activity, Port Everglades will soon<br />

become the cruise ship capital of the world with<br />

the home-porting of Royal Caribbean’s two new<br />

5,400-passenger Oasis class vessels.<br />

The port’s ties to Hollywood began with the<br />

city’s founder, Joseph W. Young, who spearheaded<br />

efforts to create the deep-water seaport after being<br />

grounded in a speedboat on a mud flat in what was<br />

then Lake Mabel. In February 1928, Young’s vision<br />

for Port Everglades became a reality.<br />

Precision laser cutting at Heico Corp. (NYSE: HEI<br />

and HEI.A), an aerospace and technology company<br />

headquartered in Hollywood.<br />

Building Global Connections<br />

Companies from Spain, Italy, U.K., Hong Kong,<br />

Canada, Netherlands, Germany, Bermuda, the<br />

Cayman Islands, etc. have established operations<br />

in Hollywood. Due to its strategic location,<br />

business services, skilled workforce, affordable<br />

housing, exceptional health care and quality of life,<br />

Hollywood is an ideal location for work and play. Its<br />

international appeal is evident in the tremendous<br />

growth in visitors from destinations in the U.K.,<br />

Europe, South America, Canada and Scandinavia<br />

who are taking advantage of new international<br />

flights and discovering the city through its<br />

marketing initiatives with tour operators, travel<br />

agents and international media.<br />

To build on these global connections,<br />

Dr. Sri Sundararaman, Medical Director for Radiation Oncology at the<br />

Memorial Cancer Institute utilizes the Cyberknife for treatment of<br />

inoperable or surgically complex tumors. Memorial Healthcare System<br />

(MHS) is the fifth-largest public healthcare system in the nation. Its<br />

flagship hospital and the world renowned Joe DiMaggio Children’s<br />

Hospital are in Hollywood.<br />

Hollywood has established an Office of Business &<br />

International Trade and has been recognized by the<br />

U.S. Department of Commerce for strengthening<br />

international business ties with commercial officers<br />

throughout Europe, hosting trade missions and<br />

conducting foreign trade seminars and workshops.<br />

Business Services<br />

• One Stop Business Services Center–a<br />

monthly forum for current and prospective<br />

business owners to readily obtain information<br />

on business start-ups, permitting, fees,<br />

programs, zoning, parking, etc.<br />

• Hollywood Economic Lenders Partnership<br />

(H.E.L.P.) Financial Consortium—a<br />

consortium of major banks and financial<br />

institutions created to help businesses<br />

access capital through a single application<br />

and review.<br />

• Site Selection Services—the city provides<br />

site selection reports based on a company’s<br />

specifications.<br />

• Enterprise Zone—Hollywood’s Port<br />

95 Industrial Park is a state designated<br />

Redevelopment From The Sand To The City<br />

With more than $100 million in public<br />

improvements made along Hollywood’s oceanfront,<br />

the area is primed for sustainable redevelopment.<br />

Plans are moving forward for the first Margaritaville<br />

Beach Resort in Florida on a spectacular six-acre<br />

city-owned site in the heart of Hollywood Beach.<br />

The 350 room resort/conference/restaurant/retail<br />

complex is expected to be the ultimate evolution of<br />

the Margaritaville escapism brand.<br />

A dynamic Transit Oriented Development (TOD)<br />

is slated for a 40 acre site located along I-95<br />

adjacent to Tri-Rail and just minutes from Fort<br />

Lauderdale-Hollywood International Airport. Ecofriendly<br />

Sheridan Station is currently pre-leasing for<br />

retail and office space.<br />

The City of Hollywood is establishing a<br />

Transit-Oriented Corridor (TOC) along State Road<br />

7, a major north/south corridor through south<br />

Florida with easy access to mass transit. This<br />

will facilitate mixed-use, pedestrian-oriented<br />

redevelopment.<br />

Proposed Margaritaville Beach Resort<br />

Enterprise Zone providing incentives<br />

including job tax credits, sales tax refunds<br />

and property tax credits. The city has made<br />

application for an additional 2.03 square<br />

miles of enterprise zone.<br />

• Local Minority and Small Business<br />

Enterprise (MBE/SBE) Program—Hollywood<br />

provides locally based businesses training<br />

and opportunities to obtain contracts with<br />

the city.<br />

For business assistance or information about<br />

the City of Hollywood’s business programs<br />

and services, contact the Office of Business<br />

and International Trade at 954.921.3388 or<br />

visit www.hollywoodfl.org.<br />

P A I D A D V E R T I S Greater E M E N T Fort Lauderdale <strong>Alliance</strong> economic sourcebook 15

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