08.10.2018 Views

Jacksonville Overview_interactive new

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

JACKSONVILLE, FLORIDA<br />

A globally competitive place to<br />

invest, do business and live.<br />

Northeast Florida


FORTUNE<br />

41000<br />

3<br />

FORTUNE<br />

500<br />

80 + NATIONAL OR DIVISIONAL<br />

HEADQUARTERS<br />

UNLIMITED OPPORTUNITIES,<br />

FUELED BY POSSIBILITIES<br />

Home to Fortune 500 headquarters, thriving businesses<br />

and startups, JAX is growing twice as fast as the rest of<br />

the nation and is ranked #7 Best City for Job Seekers by<br />

Money. Our authentic attitude of possibility and<br />

opportunity inspires residents to innovate and makes<br />

JAX a place where ideas can become reality.<br />

Maybe it will be the vibrant venue for arts and entertainment, the<br />

celebration of diversity or the opportunity to express your ideas.<br />

For some, it will be the educational excellence that infuses people<br />

of all ages with the curiosity and confidence to seek <strong>new</strong> answers<br />

and better ways. Others will be attracted by the area’s diverse<br />

landscape, thriving economy and growing hub of distinct<br />

industries.<br />

<strong>Jacksonville</strong> is ranked the #2 Hot Spot<br />

Where Americans are Moving - Realtor.com<br />

2 nd <strong>Jacksonville</strong> is ranked the #5 Fastest<br />

5 th Growing City in America - Forbes<br />

<strong>Jacksonville</strong> is ranked the #7 Best City<br />

7 th<br />

for Job Seekers - Money<br />

<strong>Jacksonville</strong> is home to four Fortune 1000 and three<br />

Fortune 500 company headquarters. More than 80<br />

local companies have national or divisional<br />

headquarters in Northeast Florida.<br />

Named the #5 fastest-growing city in America by Forbes, <strong>Jacksonville</strong> has the<br />

right mix of talent, infrastructure and available space your company needs to<br />

succeed. We are more than just sunshine and endless miles of shoreline.<br />

Our diverse economy and innovative spirit spark creativity and collaboration<br />

that flow through every part of our community.<br />

Health & Life Science<br />

Source: jaxusa.org<br />

Logistics<br />

With a cost of living below the national average, our<br />

region is a great place to experience a spectacular climate,<br />

excellent quality of life, wonderful outdoor recreational<br />

opportunities and abundant sports, arts and cultural amenities. In<br />

JAX, the possibilities are endless.<br />

Aviation & Aerospace<br />

Advanced Manufacturing<br />

Information Technology


EMPLOYMENT<br />

Employment by Sector<br />

SOUTHEAST GROWTH POTENTIAL<br />

<strong>Jacksonville</strong> is an innovative region where companies and individuals thrive.<br />

Look and see what makes Northeast Florida truly unique.<br />

SETTING THE PACE >><br />

Northeast Florida offers more<br />

than sunshine and relaxation.<br />

Our competitive business climate,<br />

entrepreneurial spirit, and young, highly<br />

skilled talent base are just a<br />

few reasons why so many companies<br />

have already chosen to locate a<br />

regional, national or global<br />

headquarters here.<br />

Annual Earnings by Job Category<br />

837,000+<br />

Labor Force<br />

in the Region<br />

Hospital<br />

System in the<br />

US<br />

(Mayo Clinic)<br />

3 Fortune 500<br />

Companies<br />

No Taxes<br />

on Corporate<br />

Franchises,<br />

Inventory, Foreign<br />

or Personal<br />

Income<br />

20+<br />

Higher Learning<br />

Colleges &<br />

Universities<br />

in the Region<br />

CSX, FIS & FNF<br />

Southeast: How We Stack Up<br />

SD ND<br />

Unemployment Rates: JAX vs. U.S.<br />

US FL GA AL MS NC<br />

EDUCATION<br />

ATTAINMENT<br />

86.7% 86.9% 85.4% 84.3% 82.3% 85.8%<br />

UNEMPLOYMENT<br />

RATES<br />

4.1% 3.4% 3.5% 3.7% 5.1% 3.7%<br />

MEAN TRAVEL<br />

TO WORK<br />

(MINUTES)<br />

MEDIAN<br />

HOUSEHOLD<br />

INCOME<br />

26.1 25.9 27.0 24.2 23.9 23.6<br />

$55,322 $49,426 $51,244 $44,765 $40,593 $47,830


UNLIMITED OPPORTUNITY IN A<br />

DYNAMIC, FAST-GROWING REGION<br />

Businesses and industries looking to grow<br />

recognize Northeast Florida as one of the<br />

fastest growing regions in the U.S. <strong>Jacksonville</strong><br />

serves as the vibrant hub of the seven-county<br />

region of Baker, Clay, Duval, Flagler, Nassau,<br />

Putnam and St. Johns.<br />

A flourishing international trade center and global transportation<br />

hub, <strong>Jacksonville</strong> is a young dynamic city offering an unbeatable<br />

location, a pro-business environment, and an abundant,<br />

culturally diverse and skilled labor force. Business thrives in<br />

the <strong>Jacksonville</strong> region with the strong support of communities<br />

and government leaders dedicated to economic development<br />

and job creation. <strong>Jacksonville</strong> offers the ideal combination: low<br />

cost of living and high quality of life. It’s a place where business<br />

and pleasure blend beautifully. Rapidly emerging as a leading<br />

corporate destination, Northeast Florida is the right choice for<br />

logistics, manufacturing, aviation and distribution.<br />

Certified Megasites<br />

CECIL COMMERCE CENTER<br />

Cecil Commerce Center, an industrial<br />

development offering huge opportunity in<br />

more than 4,700 available acres,<br />

shovel-ready sites, and multimodal<br />

connections that put domestic and global<br />

markets within easy reach.<br />

CRAWFORD DIAMOND<br />

INDUSTRIAL PARK<br />

Approximately 1,800 acre is a certified<br />

industrial park in Nassau County<br />

located 16-miles northwest of <strong>Jacksonville</strong>,<br />

Florida. The Crawford Diamond Park<br />

has been approved for up to 10.5 million<br />

square feet of industrial land use, which<br />

can include manufacturing, assembly,<br />

warehousing/distribution, and use as an<br />

intermodal inland port or logistics center.<br />

The location is adjacent to the U.S.<br />

Highway 301 and 17 miles from the major<br />

north-south and east-west Interstate 95<br />

and Interstate 10. In addition, the industrial<br />

park boasts rare, dual Class I rail<br />

frontage on-site, providing access to both<br />

the CSX and Norfolk Southern rail lines.<br />

This flexible industrial park, with extensive<br />

logistical solutions, can accommodate<br />

a broad range of large-scale industrial<br />

projects within an eight-hour drive of 45<br />

million people. As outlined further in this<br />

document, the site is shovel-ready for a<br />

potential solar manufacturer or other<br />

similar project to begin site preparation.<br />

WESTLAKE INDUSTRIAL PARK<br />

Westlake Industrial Park is located just<br />

off of I-295 near the intermodal yards of<br />

Norfolk Southern and CSX,<br />

approximately 21 miles west of the sea<br />

port in <strong>Jacksonville</strong>, Florida. Totalling 18.1<br />

acres, this site can accommodate an<br />

additional 233,280 SF of industrial<br />

development. A <strong>new</strong>ly constructed<br />

546,000 SF speculative distribution<br />

facility was leased to Georgia-Pacific<br />

in 2009. Water, sewer, electricity, and<br />

natural gas are delivered to the site; fiber<br />

capabilities are present.<br />

WOODSTOCK INDUSTRUAL PARK<br />

Woodstock Industrial Site is a premier<br />

industrial mega site. The site features<br />

up to 1,500 contiguous acres located on<br />

easily accessible I-10 in Baker County,<br />

FL. The site will accommodate uo to 10<br />

million square feet of industrial space.<br />

Strategically located at Interstate 10 and<br />

U.S.Highway 90, the site is also served<br />

by CSX Railways with 1.5 miles of track<br />

frontage.<br />

Source: coj.net; jacksonville.com; jaxusa.org<br />

THRIVING BUSINESS<br />

ENVIRONMENT<br />

“The <strong>Jacksonville</strong> region is a competitive<br />

player in the global marketplace as<br />

international companies choose Northeast<br />

Florida as the location for business<br />

attainment and success,” said JAXUSA<br />

Partnership President Jerry Mallot. “The<br />

area’s access to talent, natural environment<br />

and unique personality continue to draw<br />

companies looking for a <strong>new</strong> market to<br />

grow operations.”<br />

A NATIONALLY-RECOGNIZED PLACE<br />

TO DO BUSINESS:<br />

> > Amazon, Mercedes-Benz USA and KLS Martin were among the<br />

10 <strong>new</strong> company locations announced, joining the seven local<br />

businesses expansions, including Ernst & Young, Kraft Foods –<br />

Maxwell House and BMW of North America.<br />

> > Amazon, the global Internet retailer, committed to bolstering<br />

its footprint in the area and selected <strong>Jacksonville</strong> as the ideal<br />

location for a fulfillment center to handle the company’s diverse<br />

array of products that will create 1,500 <strong>new</strong> jobs and $200<br />

million in local investment.<br />

> > The region’s direct access to a consumer market of 61+ million<br />

people, ease of doing business, thriving local economy and land<br />

availability at Alliance Florida at Cecil Commerce Center helped<br />

secure Amazon’s decision to invest in <strong>Jacksonville</strong>.<br />

> > randrr, a software development company, will release its<br />

machine-learning-based career-planning app with plans to<br />

increase its tech workforce by hiring 200 <strong>new</strong> workers within the<br />

next 24 months.<br />

> > These company announcements contribute to the robust<br />

business environment in Northeast Florida, further supporting<br />

Forbes’ ranking of <strong>Jacksonville</strong> among the top 40 best places for<br />

businesses and careers and Realtor.com’s ranking of <strong>Jacksonville</strong><br />

as the #2 hot spot where Americans are moving.<br />

> > High-end retailers are also making the move to <strong>Jacksonville</strong><br />

because of the city’s central location and direct access to a large<br />

consumer market. Swedish-based IKEA plans to open its first<br />

<strong>Jacksonville</strong> location this fall, across from where TopGolf recently<br />

opened in October 2016.<br />

> > Continued revitalization of Downtown <strong>Jacksonville</strong> along the St.<br />

Johns River is occurring, with increased activity around EverBank<br />

Field. Companies are taking advantage of the area’s talented labor<br />

force, low operating costs and pro-business environment..<br />

FORTUNE 500 AND TOP<br />

COMPANIES BASED IN<br />

JACKSONVILLE >><br />

Click logos for more information:


EDUCATED<br />

WORKFORCE<br />

INFRASTRUCTURE<br />

JAX International Airport<br />

ACADEMIC<br />

EXCELLENCE >><br />

> 8 regional colleges & universities<br />

offering degree or certificate programs<br />

with Financial Services concentrations<br />

> 14 CTE academies focusing on<br />

Financial Services<br />

The <strong>Jacksonville</strong> region is the 5th<br />

fastest-growing market in America and is the<br />

#12 best city for young professionals.<br />

<strong>Jacksonville</strong> is quickly emerging as a banking and finance<br />

powerhouse over traditional markets, and was recently ranked<br />

as the #12 best city for young professionals by Forbes. Financial<br />

Services companies benefit from the region’s excellence in<br />

financial services support, investment banking, mortgage sales<br />

and service and software development. 20 major banks, insurance<br />

and investment services firms on the Forbes Global 500 list<br />

have operation centers in JAX.<br />

Couple that with a strong talent pipeline consisting of thousands of<br />

graduates from more than a dozen major colleges and universities,<br />

and it’s easy to see why companies are choosing the <strong>Jacksonville</strong><br />

market to grow. Our median age is equal to that of the nation<br />

overall and our current working-age population is 837,000+<br />

people.<br />

Employment by Occupations<br />

Mass Transit<br />

Welcome to <strong>Jacksonville</strong> International Airport (JAX).<br />

Located just minutes from downtown, <strong>Jacksonville</strong><br />

International Airport (JAX) provides non-stop flights to<br />

major U.S. cities, including those that serve as international<br />

gateways. Eight major airlines and a network of regional<br />

carriers provide some 200 daily arrivals and departures at<br />

JAX.<br />

<strong>Jacksonville</strong>’s passenger air service market has grown<br />

dramatically throughout the past decade. In 2016, the<br />

passengers through JAX were 5,591,886.<br />

www.flyjacksonville.com<br />

Source: <strong>Jacksonville</strong> Aviation Authority<br />

The <strong>Jacksonville</strong> Transportation Authority, an independent<br />

state agency serving Duval County, has multi-modal<br />

responsibilities. JTA designs and constructs bridges and<br />

highways and provides varied mass transit services. These<br />

include express and regular bus service, community shuttles<br />

for a neighborhood ride, a downtown Skyway monorail,<br />

the St. Johns River Ferry, the GameDay Xpress for various<br />

sporting events at <strong>Jacksonville</strong> Stadium, Paratransit for the<br />

disabled and elderly, and Ride Request on-demand services.<br />

JTA has a challenging role serving the largest city in<br />

the continental U.S. in terms of landmass. An integrated<br />

transportation network is a critical element in any<br />

community to properly manage growth, provide mobility and<br />

offer a good quality of life.<br />

www.jtafla.com<br />

Source: <strong>Jacksonville</strong> Transport Authority<br />

Source: www.visitjacksonville.com<br />

25 Minutes >><br />

25 minutes is the average<br />

commute time, which is<br />

significantly less than any<br />

other major city.<br />

Highway Access<br />

The <strong>Jacksonville</strong> metropolitan area is served by four<br />

interstate highways operated by the Florida Department of<br />

Transportation (FDOT). I-95 runs north to south, starting in<br />

Nassau County and leaving in St. Johns County. I-10 runs<br />

west to east, terminating in downtown <strong>Jacksonville</strong> at I-95.<br />

This intersection is the busiest in the area, with more than<br />

200,000 vehicles traveling it each day. I-295 serves as a<br />

beltway routing around the city and connects to I-10 and<br />

I-95 while serving all areas of <strong>Jacksonville</strong>. I-795 is a future<br />

expressway that will connect the southeastern section of<br />

I-295 with I-95.<br />

www.fdot.gov<br />

Source: wikipedia.org<br />

Source: datausa.io


WELCOME TO JAX!<br />

It’s Easier Here.<br />

As Florida’s youngest city – and<br />

one of the hippest – <strong>Jacksonville</strong> is<br />

the getaway that leaves you feeling<br />

refreshed yet accomplished. You won’t<br />

need a vacation from this vacation!<br />

QUALITY OF LIFE<br />

In Jax, you can experience a different side<br />

of Florida, combining both relaxation and<br />

adventure, and allowing you to choose<br />

just how active you want to be. Enjoy<br />

our 22 miles of beaches, extensive park<br />

system, world-class fishing, historic<br />

neighborhoods, vibrant street arts scene,<br />

creative coastal cuisine, delicious craft<br />

beer, vibrant nightlife and so much more!<br />

SPORTS<br />

If you love football, then you can’t miss<br />

a Jaguars home game at TIAA Bank<br />

Field - now home to the world’s largest<br />

scoreboards! When the Jaguars take the<br />

field, the whole city celebrates!<br />

Bring the whole family to see The<br />

<strong>Jacksonville</strong> Jumbo Shrimp AA team play<br />

at The Baseball Ground of <strong>Jacksonville</strong><br />

from April through August. There’s<br />

fireworks displays every Friday night home<br />

game and big holiday celebrations for<br />

Memorial Day and July 4th.<br />

COST OF LIVING<br />

Our low cost of living is one of the many<br />

reasons why talented workers are attracted<br />

to the JAX region. With a cost of living well<br />

below the national average, see for yourself<br />

how affordable and economical it is to live<br />

and work here.<br />

ARTS & ENTERTAINMENT<br />

Art and history are an everyday/everywhere occurrence<br />

in Jax and you can experience it in our hip historic<br />

neighborhoods, in Downtown through our active Art<br />

in Public Spaces Program, at one of our <strong>Jacksonville</strong><br />

Symphony concerts, at our <strong>Jacksonville</strong> Jazz Festival,<br />

during our numerous street fairs and craft markets, and<br />

inside our thought provoking world-class museums, some<br />

of the most visited in the Southeast. This vibrant mix<br />

of old southern charm, and modern Florida flair, make<br />

<strong>Jacksonville</strong> one of the Top Art Cities in the Southeast.<br />

TALENT<br />

One must-see arts event is Downtown’s<br />

Art Walk. This free art event happens every<br />

first Wednesday of the month. If you are in<br />

town on a Saturday, then head over to The<br />

Riverside Arts Market for local paintings,<br />

jewelry, and other handmade goods, plus<br />

a farmer’s market and music! Read more<br />

about all of <strong>Jacksonville</strong>’s art events.<br />

PARKS & TRAILS<br />

You’ll find oodles of outdoor activities in<br />

<strong>Jacksonville</strong>. But hikers and bikers will really<br />

want to make tracks to <strong>Jacksonville</strong>, which<br />

has more shoreline than any other Florida<br />

city.<br />

Source: visitjacksonville.com<br />

EDUCATION<br />

<strong>Jacksonville</strong> is home to several institutions of higher<br />

learning. There are two public institutions. University of<br />

North Florida (UNF), founded in 1969, is a member of the<br />

State University System of Florida. It has over 16,000<br />

students and offers a variety of bachelor’s, master’s, and<br />

doctoral programs. Florida State College at <strong>Jacksonville</strong><br />

is a public state college in the Florida College System. It<br />

has over 80,000 enrolled full- and part-time students and<br />

offers two-year associate’s degrees as well as some fouryear<br />

bachelor’s programs.


THE FUTURE IS BRIGHT<br />

Duval County added more people last year than did 29 states, according to <strong>new</strong><br />

Census Bureau data that show how the pace of <strong>Jacksonville</strong>’s growth has quickened.<br />

Duval increased its population by 1.6 percent, adding 14,000 more people in 2016,<br />

according to the <strong>new</strong> data from the U.S. Census Bureau’s annual population.<br />

Overall, the <strong>Jacksonville</strong> metro area grew by about 2.1 percent, adding more than<br />

30,000 people.<br />

DEVELOPMENT OPPORTUNITIES<br />

<strong>Jacksonville</strong> is the best location for businesses of all sizes<br />

seeking extraordinary infrastructure, available sites and a<br />

qualified workforce. It is the economic driver and cultural<br />

center for the seven-county, Northeast Florida region. It<br />

is also one of the easiest and most inexpensive places<br />

to conduct your business. <strong>Jacksonville</strong> is home to three<br />

Fortune 500 companies, and was ranked by Forbes number<br />

two in the nation for technology services jobs growth.<br />

CONNECTIVITY<br />

Connect with your family in <strong>Jacksonville</strong>. Kids of all ages<br />

will love to stretch their imagination, explore the outdoors<br />

and most of all, spend time with family. From sun up to sun<br />

down, there’s always fun to find here. If you are looking for<br />

a water-logged kind of day, be sure to make a splash with<br />

one of our many water activities or maybe the kids want<br />

to crash into Shipwreck Island at Adventure Landing, one<br />

of <strong>Jacksonville</strong>’s only waterparks. Enjoy a day of shopping<br />

at one of our many options around town, a local favorite<br />

and ever-growing outdoor mall is the St. Johns Town<br />

Center. Play the front nine of the 1,200 holes of golf we<br />

have to offer or catch a game--there is always something<br />

in season. Take a break from the sunshine a grab a bit of<br />

shade inside some of our top museums in <strong>Jacksonville</strong>.<br />

<strong>Jacksonville</strong> Events<br />

IN THE PUBLIC EYE<br />

Named the #5 fastest-growing city in America by Forbes,<br />

<strong>Jacksonville</strong> has the right mix of talent, infrastructure and<br />

available space your company needs to succeed. We are<br />

more than just sunshine and endless miles of shoreline.<br />

Our diverse economy and innovative spirit spark creativity<br />

and collaboration that flow through every part of our<br />

community.<br />

Source: coj.net; jacksonville.com; jaxusa.org<br />

World of Colliers<br />

2017 YE Performance<br />

Comprised of<br />

15,400<br />

professionals<br />

Revenue<br />

$2.7B<br />

(US$)<br />

Managing<br />

2B<br />

(square feet)<br />

The final 35 miles of the St. Johns<br />

River runs through <strong>Jacksonville</strong>, the<br />

largest city by area in the United<br />

States, with a population of over one<br />

million. Much of the economic base<br />

of <strong>Jacksonville</strong> depends on the river:<br />

Northeast Florida’s strong military<br />

presence operates on the river and<br />

18,000,000 tons of goods are shipped<br />

in an out of <strong>Jacksonville</strong> annually.<br />

Established in<br />

69<br />

countries<br />

Lease/sale transactions<br />

68,000<br />

All statistics are for 2017, are in U.S. dollars and include affiliates.<br />

Transaction value<br />

$116B<br />

(US$)<br />

COLLIERS INTERNATIONAL |<br />

NORTHEAST FLORIDA<br />

76 S. Laura Street, Suite 1500<br />

<strong>Jacksonville</strong>, FL 32202<br />

www.colliers.com/jacksonville

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!