| 4th Quarter 2022 |
"Great things in business are never done by one person; they're done by a team of people."
Steve Jobs, entrepreneur
Brightline Cuts Ribbon on New
Boca Raton Station
Picture perfect day for the Brightline Boca Raton station ribbon cutting!
Presentation at BDB Annual Luncheon

Big thank you to our partners at the Business Development Board of Palm Beach County for allowing us to share the Raymond F. Kravis Center for the Performing Arts stage with such a dynamic group of presenters.
So great sharing the good word at the annual Dress for Success Palm Beaches "Women Empowering Women" luncheon.

Clive Daniel Home was the perfect setting for this inspiring event! A special thank you to All Mine Concierge for including us.

Sharing The Good Word
A local property manager received our Quarterly Business Report in the Sun Sentinel and requested 200 copies for their tenants. If you would like printed (or electronic) copies, please let us know - we would love to share them with you.

In addition to the Sun Sentinel, our Quarterly Report is an insert in

The report is distributed to more than 50,000 homes and businesses throughout the community.
Colliers South Florida Quarterly Report by the Numbers
Boca Raton leads the County in commercial lease activity for Q3.

Boca had two of the five largest lease deals in Palm Beach County.
A renewal of 36,400 square feet and a new lease of 25,000 square feet.

Boca Raton - where running your business doesn't feel like work.

We recently sat down with the Japan Times. With companies like NEC and Canon calling Boca Raton home - there are a lot of synergies between us.

Looking forward to the article!
When the Flamingo Flea stops by your Boca Women Founders Group, you capture it!
This was the last meeting of the year with this inspiring group and we're working on programming for 2023.

A big thank you to FAU Tech Runway, South Florida Tech Hub & SBDC at FAU for taking time to speak to our Women Founders Group.

If you're a female founder and want to learn from other female founders in the community, reach out to us at EconomicDevelopment@myboca.us with your name and company website and we'll send upcoming meeting details.

We thank the Boca Raton Historical Society for hosting this incredible group of dynamic women.
Boca. Business. Brief.
We sat down with Olivia Hollaus, Founder and CEO of Protect My Shoes.
Check it out to learn more about her company, where the idea came from and what inspires her in business and in life.
Smart Money Moves To Boca Raton!
Boca Raton has seen significant corporate lease and sales activity.

From Q1 to Q3 2022, Boca's office market has had total sales equating to $334,975,000 and lease activity totaling 269,398 sq. ft.

2022 RoofClaim.com
Boca Raton Bowl
The 2022 RoofClaim.com Boca Raton Bowl was played on December 20th with the University of Toledo Rockets taking the win 21 to 19 over the Liberty University Flames.
The TimberTech Championship is a PGA Tour Champions event.
Boca Raton resident Bernhard Langer took the win.
The TimberTech Championship was held at Royal Palm Yacht and Country Club.
We recently took a tour of the Waterstone Resort & Marina.
If you haven't been here lately - you should check it out!

New corporate rates being offered.
For more information, please contact Patricia Pautynsky at patricia.pautysnsky@waterstone.com or 561-226-3131
LendingOne cut the ribbon on their newly expanded HQ in our beautiful city.

Is Now OPEN!
Limited tickets available for "Drop-In Events"
Be sure to reserve your spot(s) using the link below.

Smart For Life
Now Calls Boca Raton Home
Publicly traded, Smart For Life, a nutritional supplement company, has relocated its headquarters from Miami to Boca Raton.
Welcome to Paradise!
Innovation Is All Around Us!
Tech firms Arete (cybersecurity firm) and Guident (software developer for remote autonomous vehicles) are joining ModMed, Canon, Bluegreen Vacations and other tenants at the Boca Raton Innovation Campus (BRiC).

Crazy Uncle Mike's turned 4 this quarter with a week long celebration. Time sure flies when you're having fun.

FloSpine Kicks off $1 Million Crowdfunding Raise

FloSpine is a medical device startup that boasts "Shark Tank" Kevin O'Leary as a strategic advisor.

ASP isotopes Now Public

We have over a dozen publicly traded companies based in Boca Raton. We can now add ASP isotopes to the list. Congratulations!
We met the co-founders of Orca Golf Bags.

Boca Raton HQ Orca Golf launched in 2017 and they're already collaborating with the likes of Jack Nicklaus.
Amazing news for Terran Orbital

Terran Orbital received a $100 million investment from Lockheed Martin.
Refresh Miami reports, "Guident is making autonomous vehicles safer, with a human touch."
Rack Electric is expanding!

Both their team and business model are expanding as they work to go green in 2023 while launching a new solar division.

Boca Raton Innovation Campus to provide autonomous
shuttle services by Guident Ltd.

The 2.1 mile fixed route will have 11 stops within BRiC and connect riders to the Boca Tri-Rail station, the most frequented station in South Florida.

We took a tour of InBite's food manufacturing facility. An incredible company with an even better team!

The private label company makes and distributes gluten free, vegan, keto, paleo and kosher goods to well-known retailers and nationally recognized brands across the country.

If you'd like us to tour (and feature) your HQ or manufacturing facility in our next report, reach out to us at EconomicDevelopment@myboca.us
Presentation At Boca Raton Airport
The Boca Raton Airport is an economic driver for our city and we loved presenting our update to their tenants.

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
Great Partnerships Continue Throughout Our Community
Our friends at The Shrimp Tank sat down with the Celsius team.
Listen to the full interview HERE.
Take a look at the recent progress on Phase Two of the beautiful ALINA Residences.

We can't wait to see the finished product - slated for 2024.
Boca Raton
Ranks Among The Best
Boca makes the Niche.com list of the
"Top 25 Best Neighborhoods in South Florida"
Boca Raton ranked #34 on WalletHub's
"2023 Best College Towns in America"
Boca Raton In The News

  • Businesswire.com reports, ADT has renewed its lease to stay headquartered in its 104,000 sq. ft. office in Boca Raton.

  • Boca Raton's restaurant scene was the topic of discussion in the New York Post.

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
Thanks to the efforts of Career Source of Palm Beach County
Palm Beach County’s unemployment rate, as reported on
December 16, 2022, dropped to 2.6 percent, below the year-ago rate of 3.1 percent.

PBC's rate is below the 3.4 percent national rate.
The County's rate has remained below the nation's for more than two years.

For more than a year, there are more job openings than unemployed people in Palm Beach County.

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.
Check out our new commercial
Which played nationally on the Golf Channel and ESPN.
Want to know more about Boca Raton's business community? Check out our YouTube channel. Our commercials and short videos have been viewed over 67,000 times.

If you have a great idea for a video or would like to see an interview with a local CEO, let us know and we'll do our best to make it happen.
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 42,400+ 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...
Office of Economic Development | City of Boca Raton | 561-393-7761 
201 W. Palmetto Park Road, Boca Raton, FL 33432