| 4th Quarter 2023 |

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BOCA RATON

Your new HQ in paradise!


With a low tax rate and thriving corporate community, Boca Raton attracts industries from across the country.


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

Colliers South Florida Quarterly

Report by the Numbers

Two of the five significant commercial lease deals in Palm Beach County took place in Boca Raton.


Full Report


Boca Raton - come for the tax benefits. Stay for the lifestyle.

South Florida Business Journal

Roundtable Discussion

We partnered with the South Florida Business Journal and Waterstone Resort & Marina for a Roundtable Discussion surrounding commercial real estate development in Boca Raton.


A big thank you to Butters Construction, Grover Corlew, Pebb Enterprises, CP Group and Compson Associates for taking the time to share your knowledge and insight. So many incredible projects taking shape in our city - it was great to hear from those doing it...and doing it well.

https://www.facebook.com/BocaEconomicDevelopment/videos/1049592322860777

We welcomed Blue Frontier to their new HQ in the Park at Broken Sound.


With the recent raise of $20MM from Breakthrough Energy Ventures (Bill Gates' VC fund) Blue Frontier's technology is disrupting and revolutionizing the air conditioning industry. We're lucky to have this clean tech company based in Boca Raton and congratulate them on their beautiful new office space.

Fiolia Pasta House is officially open!


Michelin starred chef, Fabio Trabocchi, brings his passion for food and community to Boca Raton.


With fresh pasta made daily, this beautiful new restaurant is already one of the newest hot spots in Boca.

Renaissance

Boca Raton Reveal

The Renaissance Boca Raton Hotel revealed their beautiful multi-million dollar renovation with a ceremonial ribbon cutting.

189 rooms were completely gutted and remodeled. The hotel offers 15,000 sq. ft. of conference space and 30,000 sq. ft. pool area which includes a resort style pool with VIP cabanas. It that's not enough, Meat Market Boca Raton is handling all the food and beverage.

El Camino

Celebrates Grand Opening

El Camino has officially opened in Restaurant Row.

Happy 25th Anniversary ATG!


We attend a lot of corporate events, and

Aerospace Technologies Group, Inc. walks the walk when it comes to corporate culture.

From a startup to 186 employees, with a regional economic impact of $100MM, ATG is just getting started!

More incredible news for ATG


Emirates Airline is officially their launch customer for the aerBlade product line.


Emirates has 270 aircraft on order which will have aerBlade aboard - representing $100MM in business to ATG over the next 8-10 years.

Public Leadership Excellence Award


Our office was honored to receive the

2023 Public Leadership Excellence Award.


The Award was presented by SCORE of Palm Beach County and the U.S. Institute of Business Diplomacy Law.

Community Engagement:

FAU Tech Runway

FAU Tech Runway's annual Maverick Reception

is such a great event. Thank you for allowing us to be a part of such a dynamic panel!


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

"Breakfast with the Broker"

We stopped by PodPopuli Boca to discuss business in Boca Raton on the "Breakfast with the Broker" podcast. So much fun.

The Boca Raton Airport unveiled a beautiful new mural.


The 8-foot high, 135 foot long mural is located on a security wall next to the runway, and was designed by artist Craig McInnis.

Happy 90th Anniversary

Palm Beach State College.


Such a great celebration - thanks for including us!


PBSC provides over 130 programs of study on 5 campuses.

For more information about PBSC.

Hispanic Entrepreneurship Initiative

Prosperity Roundtable

Another productive roundtable organized by HEI Florida.

Thank you for having us!

Clive Daniel Home was the perfect setting for the 3rd Annual Dress For Success Palm Beaches luncheon.


Congratulations to All Mine Concierge Services for organizing another incredible event filled with inspiring stories and a beautiful fashion show.

We're lucky to have partners like South Florida Tech Hub!


South Florida Tech Hub is doing an amazing job building South Florida's entrepreneurial ecosystem. Their dynamic team brought Ignite to Boca Raton for the second year in a row.




There's nothing better than a mixer that brings entrepreneurs and investors together in the same room and getting the chance to learn about their successes.


1909 is an asset to our startup ecosystem and we're lucky to know (and learn from) this team!



Thank you Shana Ostrovitz for your leadership!

19th Annual Emerging Growth Investor Conference

NobleCon's 19th Annual Emerging Growth Investor Conference was a great success!


Hosted in part by Privaira and FAU College of Business - this is an economic driver for Boca, bringing hundreds of financial executives, investors and family offices to our beautiful city.


Smart money moves to Boca Raton!

CEO Video Series

A big thank you to 4Ocean, Rack Electric, Privaira and InBite for allowing us to stop by and film a quick promo!

Another big thank you to our Communications Team for joining us and capturing it so perfectly!

Be on the look-out for our next video...

Padraig Harrington took home the win at this year's TimberTech Championship at Broken Sound Club.

10th Annual

2023 Boca Raton Bowl

Thursday, December 21st

USF came out on top of this great match-up against Syracuse with a 45-0 victory.

Hospitality Job Fair


We partnered with CareerSource to host a hospitality job fair at the Spanish River Library.


11 companies in the hotel, country club and restaurant industries participated - marking another successful event by CareerSource of PBC.

Boca Raton

Ranks Among The Best

Boca Raton was named one of the Best Small College Towns on WalletHub's 2024 Best College Towns in America list.


Boca Raton has been named the top city in Palm Beach County on TheTravel.com's "10 Scenic Cities and Towns to Visit Between Jacksonville and Miami" list.

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!

Boca Raton In The News









  • South Florida Business Journal reports, the Atrium at Broken Sound sold for $25 million. The three-story, 100,000 sq. ft. office was built on an 8.02 acre lot in 1986. The building was acquired in 2018 for $21.4 million.

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

November 17, 2023, is holding at 3.3 percent.


PBC's rate remains below the 3.6 percent national rage - the county's rate has remained below the nations for three years.



The total nonagricultural employment in the county reached a record high of 686,300, adding 9,300 jobs over the year - a 1.4% gain. 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.


X: For the latest news on Boca's Corporate Community, follow us on X @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? Check us out @City of Boca Raton - Office of Economic Development.


LinkedIn: Follow us for all the latest business news at 'City of Boca Raton 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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