May 25, 2013

EN ESPA

East Central / Space Coast: Building on Strength

Simulation and life sciences join aviation/aerospace as anchors for this region's diverse economy.

Diane Sears | 9/24/2008

Seminole County

Robust Activity: Even in a tight economy, Seminole County is thriving with robust activity, including $79.2 million in capital investment, 757,000 square feet of space newly occupied and the lowest unemployment rate in central Florida. With a wealth of Class A office space, and more being created, the county prides itself on a workforce of high-wage professionals in the financial technology —“fi-tech” — industry.

Job Growth Expected: In a $15-million project, the Institute of Internal Auditors (IIA) is moving its global headquarters to a new building in Lake Mary that is expected to open in mid-2009. IIA currently employs 160 and plans to add another 140 jobs over the next 10 years.

Sumter County

Strategically Located: One of the few places in Florida that still has abundant large tracts of land available, Sumter County sits at a strategic point between Tampa Bay, Gainesville and Orlando.

Trucking arteries Interstates 75 and 95, Florida’s Turnpike and U.S. Highway 27 all run through the rural county, along with U.S. Highway 301 and State Road 44, providing easy access and an opportunity to capitalize on the growth of the surrounding metropolitan areas. And with the high price of fuel these days, a location like this one is sure to draw the attention of economy-minded businesses serving central and south Florida. Economic development officials call Sumter “as good as you can get for distribution.”

Tags: Space Coast, Business Florida

Florida Business News

  • State releases FCAT scores

    The scores released today are the first wave of marks expected from the 2013 administration of the Florida Comprehensive Assessment Test and the state's new end-of-course exams.

  • Three Florida beaches make Dr. Beach Top 10 list for 2013

    The smile of Dr. Beach still shines on the Sunshine State as three Florida beaches made his annual Top 10 beaches in the U.S. list.

  • U.S. weather-watcher satellite fails just before hurricane season

    A key satellite positioned to track severe weather in the eastern United States has failed, just as the 2013 Atlantic hurricane season is about to start.

    FRIDAY PREVIEW:
    Coming next week to FloridaTrend.com:

    • Florida Icon: C.C. 'Doc' Dockey - The businessman tells us: "I've learned that both political parties in Florida do better running and building than they do governing."
    • CEO Sounding Board - Florida CEOs talk about a recent settlement with the U.S. Environmental Protection Agency.
    • Bearing Down in Jacksonville - Chinese company HCH targets north Florida for distribution.
    • Florida Life - Surfing spots in the Sunshine State.

Florida Trend Video Pick

Summertime at Florida's theme parks
Summertime at Florida's theme parks

A Brief look at Florida's theme parks' upcoming attractions opening this summer.

Earlier Videos

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Apart from remembering and honoring the men and women who lost their lives in military service, do you have any plans for the extended Memorial Day weekend?

  • Yep! Taking a trip, barbecuing, or shopping, with friends and/or family! Can't Wait!
  • Sure, I definitely intend to spend time with loved ones, but I'll be keeping it very low-key.
  • Nah, just gonna take it easy...
  • I'm not taking Monday off...Too much work to be done!

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