| 3rd Q23 |

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BOCA RATON

Come for the tax benefits. Stay for the lifestyle.


Florida provides a business-friendly tax environment, with low corporate income tax and no state income tax. Moving your company to Florida could potentially save you thousands of dollars compared to other states.


Your future is now, and your future is here.

Join us in beautiful Boca Raton!


To learn how you can join Boca's corporate community, reach out to us at EconomicDevelopment@myboca.us.

Living "The American Dream"

We loved talking all things Boca with Lara Goodwin, host of the National Emmy nominated show, "The American Dream" for Palm Beach County, FL.


The show airs on CNBC, Bloomberg TV, The Travel Channel and is also streamed to Apple TV, Roku and Amazon Fire.


Watch it HERE.

Business Development Board

Annual Luncheon

The Business Development Board of Palm Beach County's annual luncheon can't be beat!


We were lucky to share the Raymond F. Kravis Center for the Performing Arts stage with Natalie Crowley of Palm Beach Gardens and Rick Greene of West Palm Beach.


A big thank you to Kelly Smallridge

and her dynamic team for having us!

Investment Firms Flock to Florida

Where firms opened HQ's in Florida, by City

The finance industry's exit from New York and California has been measured anecdotally over the past few years.


For the first time,

there are hard numbers to quantify the scope of the exodus.

We welcomed Pressed Juicery to their first Florida location at Town Center Mall.


QSR Magazine

The TimberTech Championship is a great event that continues to give back to the community.


For the second year in a row, they made a $400,000 donation to the Boca Raton Regional Hospital Foundation.

TimberTech Media Day

Official Championship Kick-off


Tickets are on sale now!


2023 TimberTech Championship

The Old Course at Broken Sound

November 3-5, 2023

Buy Tickets Here


Your Success Is Our Success

NCCI celebrated their 100th anniversary!


40 years in Boca Raton -

this company provides 800 valuable jobs in the community.

It was so great meeting the leadership team at Janover.


This homegrown Boca based company recently went public and trades on Nasdaq.


Their announcement was prominently highlighted in Times Square.

Privaira celebrated 10 years in business.

Congratulations on 10 years and over 10,000 flights.

Here's to 10 more.


The Research Park at FAU was recognized by the International Economic Development Council for its excellence in economic development.


The Research Park was the recipient of a Silver Award in the Innovation Program Initiatives category for the Global Ventures program, which has reached over 500,000 residents.

Community Engagement:

Realtor's Commercial Alliance

We loved spending the morning sharing great news about

Boca Raton with Realtors Commercial Alliance of Broward, Palm Beaches & St. Lucie.


If you're a member of a local business group or organization and would like an update on the city's economic development efforts, contact us at EconomicDevelopment@myboca.us

South Florida Office Brokers Association

Thank you CBRE and South Florida Office Brokers Association for having us.


If you're looking for a new HQ in Boca Raton,

6600 Military Trail is new to market. With upgraded amenities, within walking distance to Raw Juce, Fresh Market, Chipotle and Starbucks, this location can't be beat!

IBM South Florida Quarter Century Club

So great to meet (and present to) the IBM South Florida Quarter Century Club and Alumni Association.


We were lucky to be surrounded by such a smart, knowledgeable group with a wealth of insight and history to share. Thank you for having us!

Annual Chamber Breakfast

We can't think of a better way to kick-off the day than breakfast with the Greater Boca Raton Chamber of Commerce.

Hispanic Entrepreneur Initiative

2023 Business Impact Symposium

We can't think of a better way to celebrate Hispanic Heritage Month than supporting HEI Florida at their impactful annual business symposium.


Thank you for having us and thanks for providing such valuable support to our entrepreneurial ecosystem.

The Center for Arts & Innovation

The Boca Raton Center for Arts and Innovation hired award-winning architect Renzo Piano to design the highly anticipated and transformative performing arts center in the heart of downtown.


The project is slated to break ground in 2025.

Business is Beautiful in

Boca Raton

We recently toured a new HQ in the Part at Broken Sound.

This 700-acre property is such a beautiful place to work.


Did you know the Park at Broken Sound has...

  • 5.2 million square feet of office space
  • 618,000 square feet of retail space
  • 4 hotels
  • 57 acres of open space, lakes & waterways

We spent a beautiful morning touring the Boca Raton Innovation Campus.


Did you know this about BRiC?

  • 1.7 million square feet of office space
  • Birthplace of the IBM personal computer
  • Amenities include a conference center, coffee shop, on-site daycare, outdoor courtyard, and Tri-Rail shuttle.

10 of the 16 Top Companies in Palm Beach County

are based in Boca Raton.


Boca Raton is South Florida's premier business destination.

BOCA RATON

Come for the tax benefits. Stay for the lifestyle!

Here's a glimpse at some of the new restaurants that have recently opened, or plan to open soon, in Boca Raton.



Recent News Surrounding Boca's Restaurant Scene:


Restaurants Coming Soon

Fastest-Growing Chain - Eddie V's

Charm City Burger Co. moving to Boca

Rosebud Restaurant Announces First Out-of-State Location

Bella Amici Named One of the Best in Florida

Restaurants Coming to Town Center

Fiolina Job Fair


We partnered with CareerSource Palm Beach County to host a job fair for Fiolina Pasta House at the Spanish River Library. 64 applicants applied for this restaurant that will be opening in Restaurant Row.

Boca Raton

Ranks Among The Best

Boca Ranks Number 2 on Family Vacationist's list of the "14 Best Family Beaches in Florida"


Boca Raton ranks third cheapest out of 29 cities in Florida Rental's recent cost of living study.

Our social media initiative highlights available commercial properties throughout Boca Raton.


SUBMIT YOUR PHOTO TODAY!


If you own or represent an available commercial HQ property in the City of Boca Raton, we would love to highlight it on our social media platforms.


Please send us a photo of the building and information about the property and we'll do our best to share it and tag accordingly. With 50,000 followers, our goal is to highlight local properties that are available for purchase, lease and/or sublease.


We can be reached at EconomicDevelopment@myboca.us

Our latest feature is:

490 E. Palmetto Park Road


For more information on this property contact:

Zach Winkler ~ (305) 704-1333

JLL Property Mgmt.


This 3-story building is +/- 30,000 sq. ft., on just under 1/2 acre, situated on 140 feet of direct road frontage with 93 covered parking spaces. Prominent location with forever water views overlooking parks and Intracoastal waterway.

Check out

1750 Clint Moore Road


If you're in the market for a new HQ, why not overlook the golf course? This 50,000 sq. ft. building can be delivered fully furnished and is move-in ready.


For more information on this property contact:

Mark Rubin or Bastian Laggerbauer

Colliers International


As Seen In...

To help share happenings surrounding Boca's corporate community we include our Quarterly Report in the Sun Sentinel.

The insert is distributed to 50,000 homes and businesses throughout the community.


Want a printed

(or electronic) copy?


Let us know - we would love to share them with you.

Boca Magazine is one of the best in the business and we love that we get to share business updates with their readership.






Thank you, Boca Magazine, for your partnership!

Incredible news continues to come out of Terran Orbital Corporation (NYSE:LLAP). They announced 10 satellites, incorporating Terran Orbital buses, have been deployed in low Earth orbit. Terran Orbital manufactured the buses for Lockheed Martin. We're lucky to have such an innovative satellite company based in Boca Raton.

Calling All Innovators...

Ignite Florida - Startup Summit 2023


Global Entrepreneurship Week

November 10 & 11, 2023

Boca Raton Innovation Campus


Ignite Tickets



South Florida Tech Hub Events

Attention

Hospitality Industry Business Owners

Are you on the lookout for great employees? We're partnering with Career Source Palm Beach County to host a Hospitality Job Fair on November 14th at the Spanish River Library. To register for your table, contact Career Source PBC.


If you're looking for a career in the hospitality industry, and would like to attend the event, you can PRE-REGISTER here.

Boca Raton In The News




  • Purchased at auction for $450,000, arts & crafts retailer Michael's will be moving into the old Bed Bath & Beyond building located at 1400C, Glades Road, as reported by South Florida Business Journal.




  • ConnectCre reports, CBRE arranged nine new office leases totaling more than 32,757 sq. ft.



Economic Development

Strategic Marketing Campaign

& Community Outreach

Digital And Print Information At Your Fingertips

As part of our ongoing marketing initiatives, we continue to create informational pieces designed to highlight the business attributes of the City of Boca Raton.

All of these items are available to you, our readers, and can be emailed or picked up at City Hall. Please contact us and we'll make sure you get the information you need.
Good News for
Palm Beach County
Employment

Thanks to the efforts of Career Source of Palm Beach County

Palm Beach County’s unemployment rate, as reported on

September 15, 2023, is at 3.3 percent.


PBC's rate remains below the 3.9 percent national rage - the county's rate has remained below the nations for three years.



The total nonagricultural employment in the county is 675,100, adding 7100 jobs over the year. For more than two years, there have been more job openings than unemployed in PBC.


Seeking employment? Check out their Jobs page to search for your next opportunity. Career Source Palm Beach County's in person and virtual job fairs are not to be missed!



For the latest schedule, visit their Events page.

Economic Development Social Media
If you would like to see what we've been up to, you can find us on the following social media platforms:

Facebook: We have over 42,500+ followers! Have corporate news to share - contact us via Facebook Messenger.


Twitter: For the latest news on Boca's Corporate Community, follow us on Twitter @BocaDev.


Instagram: Do you have corporate photos to share? Follow us @Boca.Economic.Development and tag us at #BusinessBoca.


YouTube: Have you seen our YouTube page? We already have over 67,000+ views. Check us out @City of Boca Raton - Office of Economic Development.

Have corporate news to share?
We'd love to hear (and share) it...

STAY CONNECTED

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Office of Economic Development | City of Boca Raton | 561-393-7761 

201 W. Palmetto Park Road, Boca Raton, FL 33432

EconomicDevelopment@myboca.us

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