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December 19, 2018

Business Florida 2018 - The Regions

Going Strong

| 9/22/2017

Southwest

The Cape Coral-Fort Myers metro area tops Forbes’ 2017 list of America’s fastest growing cities. Anticipated growth: population, 3.6%; employment, 3.8%; output 6.8% (thanks to expanding hospitality and housing markets).

Collier County boasts the highest per capita income in Florida ($71,596), 7th highest proportion of millionaires in the U.S. and best health. For the 2nd year in a row, Naples-Immokalee-Marco Island was named America’s healthiest, happiest community. (Gallup-Healthways State of America Well-Being 2016)

Southwest
  • Population / 1,265,937
  • Labor Force / 565,401
  • Households / 540,711
  • Total Earnings / $26.1 bil.
  • Median Per Capita Income / $45,821
  • Total Retail Sales / $20.75 bil.
  • Universities/Colleges / 4
  • Commercial Airports / 2

The livin’ is easy and rewarding in southwest Florida where a vibrant economy and good health habits work hand in hand.

ECONOMIC ACTIVITY

Life Sciences/Health Care

LEE COUNTY Lee Memorial Health System continues to expand. In early 2017, Lee Health opened its 128-bed, $242-million Golisano Children’s Hospital of Southwest Florida. The facility features a pediatric emergency department and a 64-room neonatal ICU. Also construction began at Lee Health-Coconut Point, a 163,000-sq.-ft. outpatient campus expected to open in fall 2018. Coming next: an additional 24,000 square feet at Lee Health’s Regional Cancer Center to accommodate a larger pharmacy, genetic counseling services and palliative care.

FORT MYERS Florida Gulf Coast University has opened a genetic research center at its newly completed Emergent Technologies Institute. The Clinical & Transitional Research Institute will work with health care providers to study best methods for prescribing commonly used drugs based on a patient’s genetic makeup.

NAPLES Wolford College, a singularly focused private school in Naples, produces a fifth of the nurse anesthetists that are trained annually in Florida. Enrollment in Wolford’s 28-month master’s degree program is limited to 64 students a year.

Key Players

Arthrex | Naples
Lee Memorial Health System | Fort Myers
NCH Healthcare System | Naples

Arthrex will expand its operations in North Naples with an investment of $63 million and the creation of 560 jobs. A global leader in arthroscopic surgery and developer of more than 9,500 orthopedics surgical procedures and products, Arthrex employs 2,300+ in southwest Florida and trains 6,000 physicians annually.

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