Business Florida
Get FREE Business News Updates


November 24, 2015
Downtown Tallahassee

Tallahassee is both the center of state government activity and a magnet for young professionals who are drawn to the capital city for its job opportunities, social amenities and overall quality of life.

Photo: Ray Stanyard

Hotel Duval

The view from Hotel Duval, Tallahassee

Photo: Colin Hackley

Panama City Beach

Panama City Beach

Photo: Visit Florida

Business Florida 2014 - The Regions

Northwest Florida

Fort Walton Beach, Panama City, Pensacola, Tallahassee

| 9/27/2013

Northwest at a Glance

North Central Florida

Demographics for the Northwest region can be found at Business Florida's interactive map of Florida.

• Chipola College
• Florida A&M University
• Florida State University
• Gulf Coast State College
• Northwest Florida State College
• Pensacola State College
• Tallahassee Community College
• University of West Florida

• Bob Sikes
• Northwest Florida Beaches International
• Northwest Florida Regional
• Pensacola International
• Tallahassee Regional

• Port Panama City
• Port of Pensacola
• Port of Port St. Joe

Northwest Florida’s natural springs and sugar white beaches have long made this region a popular vacation destination. But along with a thriving tourist industry — that in 2012 increased by an average of 15% across many counties — Florida’s Panhandle boasts a strong Aviation/ aerospace/ defense sector and, as the home of Florida State University, one of two officially designated preeminent research universities in Florida, a reputation for cutting-edge R&D activity.

Businesses in Northwest Florida enjoy easy access to key southeastern growth markets via interconnected highways, railroads and shipping lines. At Port Panama City — the largest of three seaports serving the region — cargo was up by 3% in 2012 over 2011 and a 150,000-sq.-ft warehouse for the storage and distribution of import/export products is under construction.

To further boost economic activity, Gulf Power is spear-heading — and partially paying for — a program to get industrial sites project-ready and certified. By clearing the land, installing some utilities and jumpstarting the permitting process, these vacant sites will become more appealing for development.


Military 44,000 highly trained military personnel are on active duty at six Air Force and Navy installations across the region, and an estimated 6,000 retire from military service here each year, often seeking second careers and bringing the strong work ethic and advanced technical skills they acquired while in military service to area employers.

Students and young professionals 103,000-plus students are enrolled in the region’s eight colleges and universities and, it seems, a good share of them join the workforce following graduation. From 2005 to 2010, the number of 25- to 34-year-olds living in Tallahassee alone grew by 20%, thanks to the capital city’s quality of life, jobs and social opportunities.


Changing cityscapes In Tallahassee, the $30-million Cascades Park, with its 1,500-seat canopied amphitheater, opened in 2013. In Panama City, the downtown marina is adding a visitor center, pavilion and lighthouse. In Pensacola, hotels and office buildings are planned alongside the 5,000-seat ballpark where the AA Blue Wahoos play. And in downtown Fort Walton Beach, the planned "LandmarkCenter" will include a hotel, condos and 36,000-sq.-ft. of restaurant, retail and office space.

Wonders down under and beside the seaNorthwest Florida’s Gulf Coast is legendary for its beauty and recreational amenities. For divers, there’s the Panhandle Shipwreck Trail, 12 underwater wrecks from Pensacola to Port St. Joe, and for beachcombers, St. Joseph Peninsula State Park in Gulf County was recently ranked No. 1 on a list of the nation’s best state parks from for its striking dune formations and white sand beaches.

Tags: Business Florida

Florida Business News

Florida Trend Video Pick

Attracting customers on Small Business Saturday
Attracting customers on Small Business Saturday

If you’re looking for ways to get more shoppers on Small Business Saturday, here are some additional ideas from small business owners.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

Which political party do you identify with?

  • Democrat
  • Republican
  • Independent
  • Libertarian
  • No Party Affiliation

See Results