Business Florida 2020 - The Regions
Citrus • Hernando • Hillsborough • Manatee • Pasco • Pinellas • Polk • Sarasota
Tampa Bay — Florida’s second most heavily populated region — is both dynamic and affordable. At No. 15 nationwide, Tampa is the only Florida metro to make WalletHub’s 2019 list of the top 20 “Best Big Cities to Live In,” based on economics and amenities. On the 2018 Cost of Living Index published annually by the Council for Community and Economic Research, Tampa Bay scored an average annual index of 89.1 — nearly 11 points below the national average. All this, plus seamless connections and outstanding educational options, makes Tampa Bay a favored relocation choice among corporate executives and their families.
Tampa Bay is home to more than 20 corporate headquarters, five of which have been named to the Fortune 500 list for 2019: Tech Data, Publix Super Markets, Jabil, WellCare Health Plans and Raymond James Financial. Other heavyweights in this region include Roper Technologies, Bloomin’ Brands and, coming soon, The Mosaic Company.
Among recent activities regionwide:
Lakeland-based Publix Super Markets is expanding its headquarters by 200,000 square feet and adding 700 new corporate jobs by 2027. Founded in 1930, Publix has grown from a single store in Winter Haven to more than 1,200 stores across Florida and six other Southeastern states.
As part of a $67-million expansion at its St. Petersburg-based headquarters, Jabil is tearing down the original structure and building a bigger one with 170,000 square feet in four stories for offices and support. In March 2019, the company, which designs and manufactures everything from appliances and computing hardware to medical devices and telecommunications equipment, unveiled the first of four phases — a 40,000-sq.-ft. research and development center. All work is expected to be completed by the end of 2021.
S.S. White Technologies, developer and manufacturer of flexible shafts for aircraft and automobiles, has moved its headquarters from New Jersey to Seminole in Pinellas County, bringing 125 jobs.
UPC Insurance is purchasing a city block near its present headquarters in downtown St. Petersburg to build a new headquarters and parking garage with the promise of adding 300 high-wage jobs.
New York City wealth management firm Dynasty Financial Partners is relocating its headquarters to Priatek Plaza in downtown St. Petersburg with the expectation of having 35-40 employees, including some new hires, in place by the end of 2019.
Plant City-based berry grower and shipper Wish Farms has broken ground on a new headquarters campus east of Tampa near I-4. The 158,000-sq.-ft. combination office and warehouse complex will include a treehouse conference center, adult-sized indoor slide and rooftop deck.
KEY PLAYERS: Jabil, St. Petersburg; Publix Super Markets, Lakeland; Roper Technologies, Sarasota; Tech Data, Clearwater