Economic Yearbook 2007
SPACE COAST: Preparing for Change
A shift from the Shuttle.
-- Marcia Gaedcke, Titusville Area Chamber of Commerce
? investment income
RETAIL: "We've got a brisk economic outlook," says Ira Corliss, special projects manager for Palm Coast. ... Three major retail projects in the works: Palm Coast Town Center is a 1,557-acre, three-phase, mixed-use project that will include 2 million square feet of retail, 1.4 million square feet of office and 1.4 million square feet of non-retail commercial space. "It's moving along quite rapidly," says Corliss, noting that a Publix opened in late 2006 and a SuperTarget has been approved. Palm Coast Park, along U.S. 1, is in the planning stage and will include 1.5 million square feet of retail, 800,000 square feet of office and 800,000 square feet of industrial space in addition to 3,600 homes. Construction is under way on the third retail project, Cobblestone Village, which will include a Lowe's and Belk department store. ... Corliss is also focusing on attracting light industry to the rapidly growing Flagler County community. He's not particular about the type of industry, saying that software, computer design or back office operations are all possibilities.
? Palm Coast Holdings' Dave Lusby is overseeing development of Palm Coast Town Center and Palm Coast Park, the community's first major mixed-use developments.
? In a move to attract more businesses, Flagler County set up an Industrial Development Authority last year. The IDA's focus will be setting up Industrial Development Revenue Bond programs.
? Enterprise Flagler Executive Director Tom Cooley runs the area's primary economic development outreach organization. He managed a recent $1-million fund-raising campaign designed to give the group a more substantial marketing budget.
? Palm Coast developed "Splash" the frog to teach children and adults about swales -- trenches that are used for stormwater runoff, often in front of residential property. The program includes "Save the Swales," a comic-coloring book that will be distributed at libraries and after-school programs.
Report shows majority of Florida hospitals are not complying with the federal price transparency law
At some universities, tenure may become a thing of the past. That could have an economic impact.