In Boca Raton, economic development isn’t just about numbers — it’s about people, prosperity, and possibility. A thriving local economy drives innovation, strengthens our world-class infrastructure, and supports the exceptional quality of life that defines our community.

 

By investing in smart growth, empowering local entrepreneurs, and attracting visionary companies, Boca Raton continues to build a vibrant, resilient economy — one where businesses can grow, thrive, and succeed for years to come.

 

The Office of Economic Development is here to help YOUR business.

Read the latest insights on the City's business landscape and economic growth initiatives.

The City’s Economic Development Incentives Policy helps attract and support corporate and regional headquarters by providing targeted grants that spur private investment, job creation, and long-term economic growth in Boca Raton.

More Business Growth at BRiC

CP Group, with DRA Advisors, announced over 266,000 SF of new and renewed leases at the Boca Raton Innovation Campus - a testament to Boca Raton’s strong and growing business climate. The activity spans technology, healthcare, education, and finance, including new leases from Allstar Recruiting Locums, Cinch Home Services, and EchoTwin AI, which relocated from San Francisco.

As CP Group completes its $100 million modernization of BRiC, the campus continues to attract innovative companies and talent.

Get Ready for the 2025 Bush's Boca Raton Bowl of Beans

Back again this December, the Bush's Boca Raton Bowl of Beans brings national visibility, tourism, and economic impact to our community. As one of the City’s leading annual economic drivers, the event draws thousands of visitors, drives hotel and restaurant business, and showcases Boca Raton on a national stage through ESPN coverage. The City is proud to sponsor this signature event, highlighting the strong partnership between sports, business, and community in our region. Tuesday, December 23, 2PM. Stay tuned for ticket sales!

Top Schools That Fuel Workforce

Boca Raton’s A-rated schools continue to attract families and businesses, strengthening the City’s future talent pipeline. The Florida Department of Education named eight of the City's public schools as “Schools of Excellence,” and the FAU Lab Schools were recognized as a Cognia School of Distinction. With exceptional schools and higher education partners like Florida Atlantic University (now a top 100 public university!), Boca Raton offers both a skilled workforce and an outstanding quality of life.

Boca Raton is making a strong case for corporate relocation from New York. A new Boyd Company report shows that New York City firms can save up to $7.5 million annually by relocating to Boca Raton, thanks to lower labor, real estate, and operating costs. With recent moves by The Farmer’s Dog and Innovative Solutions, and established headquarters like ADT and Celsius Holdings, Boca Raton continues to strengthen its position as a thriving corporate hub and driver of economic growth. Learn more about the comparison covered by [Your]News, Boca Raton Offers Companies $7.5 Million in Annual Savings Compared to New York City.

Supply chain and logistics companies are increasingly turning to research parks and innovation districts for the talent, resources, and partnerships that accelerate growth. Read an article from the Office of Economic Development featured in Supply Chain Brain, on Why Logistics Companies Should Site Near Research and Innovation Centers.


The Office of Economic Development recently awarded several grants through its Economic Development Incentives Policy, supporting new investment and job creation across the community. We’re proud to help spur new business in the City. See recent news about New Jersey based ADMA Biologics Inc's decision to relocate to Boca Raton, Why a Key U.S. Drug Supplier is Doubling Down on Boca Raton, and how BioStem Technologies Secures Land Purchase at the Research Park at Florida Atlantic University in Boca Raton for Future Headquarters.

Plus, Centennial celebrations are in full swing in Boca Raton. Withum marked its first year in its new Boca Raton office with a community Open House which also honored the 100th anniversary of the City. Business and community leaders in attendance enjoyed networking and a special historical exhibit that underscored Withum’s growing presence and commitment to our local business community.

Proactive Permitting: Accelerating Growth for Manufacturers

A recent Manufacturing Journal from the City’s Economic Development Manager highlights how proactive permitting assistance can give manufacturers a competitive edge when expanding or relocating.



By offering a dedicated point of contact to guide businesses through complex approvals, cities can help companies reduce delays, lower costs, and speed time-to-market — all key to improving ROI. This hands-on, collaborative approach not only supports compliance and efficiency but also strengthens Boca Raton’s reputation as a business-friendly City.


Contact Neha James, the City of Boca Raton's Operations & Business Liaison Manager, to streamline your new commercial space, renovation or expansion. njames@bocaraton-fl.gov.

More and more companies are expanding and investing in Boca Raton, recognizing it as the ideal place to grow and thrive. As our business community continues to evolve, we celebrate their success and the positive impact they bring to our local economy. Newcomers and expansions include:

Boca Raton has long prioritized fostering a dynamic, business-friendly climate — and today’s forward-thinking initiatives continue to strengthen the City’s reputation as a hub for innovation and economic prosperity.

Guident Leads Autonomous Shuttle Service in Mizner Park

Boca Raton based Guident set to launch its autonomous shuttle service in Mizner Park on November 24. A pilot program for the City, this innovative project introduces a 0.6-mile autonomous shuttle loop, showcasing cutting-edge technology developed right here in Boca Raton.


As a leader in autonomous vehicle monitoring and safety solutions, Guident’s local presence highlights the City’s reputation of fostering smart businesses and as a hub for sustainable mobility innovation. Expansion of the MiCa shuttle planned for Royal Palm Place.

Boca Raton Earns LEED for Cities GOLD Certification

The City has achieved the LEED for Cities Gold Certification from the U.S. Green Building Council (USGBC), joining an elite group of communities recognized for advancing sustainable growth and economic resilience. This milestone highlights Boca Raton’s commitment to building a future-ready economy that supports innovation, sustainability, and a high quality of life for businesses and residents alike.


To learn more, contact Sustainability Manager Tina Batoh-Jennings at cbatohjennings@bocaraton-fl.gov.

City Hall Campus Redevelopment

At recent City Council meetings, Terra & Frisbie Group provided a revised proposal to the City Hall Campus redevelopment project following additional community feedback.



Learn more about the revised proposal, latest updates and project vision for this area of Downtown Boca.

Boca Raton offers a diverse mix of corporate real estate — from expansive campuses and downtown hubs to historic landmarks, flexible office spaces, and vibrant live-work-play environments. Explore a selection of our premier corporate properties below.

2600 N. Military Trail

  • 1,186 - 28,686 SF Available
  • $38.00 - $40.00 SF/YR
  • Class A Office,
  • Three buildings surrounding a courtyard & prominent fountain
  • Restaurant, retail and banking amenities nearby

One Town Center Road

  • Flexible Floorplan
  • 1,700 - 17,459 SF Available
  • $50.00 - 55.00 SF/YR
  • Waterfront, fitness center
  • Surface and Covered Parking
  • Close to Major Roadways

Contact the Office of Economic Development today. Our team is ready to assist with corporate relocations, expansions, and other opportunities to grow your business in Boca Raton.


Jessica Del Vecchio

Economic Development Manager

economicdevelopment@bocaraton-fl.gov

561-393-7703


Miss our last 2025 bi-monthly report? To catch up on business in Boca Raton, read the latest Reports from the Office of Economic Development.


2025

Report #1 - September

Report #2 - July

Report #3 - May

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