This waterfront city in the Sunshine State is poised for robust growth, rich with business opportunities.
Exciting market conditions primed by growth make this the perfect time to consider relocating or expanding to Cape Coral, Florida.
With an average of 335 days of sunshine year-round, a low cost of living and no state income tax, the largest city in Southwest Florida is the only one that can boast that it still has vast land open for development. For corporations with a large employee base, the city offers a diverse range of housing—from high-end luxury to affordable single-family homes to condos—that can accommodate all lifestyles in this subtropical environment.
Here are some facts that executives and site selectors can’t overlook when considering Cape Coral:
Ranked by Manpower as No. 1 metropolitan area in the nation for job growth in 2015
A premier waterfront community featuring more than 400 miles of canals
Cape Coral is more than 122 square miles—only 47 percent built out
Diverse population of 165,000 projected to grow to more than 400,000
Broad business opportunities for serving young families, retirees, overseas buyers and visitors
Cape Coral ranks No. 4 in the nation as a new hub for economic growth, with predictions that the economy will grow by 4.5% in 2016 (Bloomberg Business 2015)
Ranks No. 4 among the top cities to retire (Wallethub 2015)
State-of-the-art water and utilities infrastructure, roads and bridges
Consistently ranks among the safest cities in Florida, and as the Sunshine State’s safest driving city
If you want to get down to business, the market conditions are right. Contact our Cape Coral Economic Development Office (EDO) for invaluable market demographics, resources and incentives. Why not get started with your new business destination today?
The words “Pocono Mountains” bring to mind thoughts of a four-season play land for weekend vacationers from the nearby New York and Philadelphia metro areas. But for savvy entrepreneurs and developers, the Pocono Mountains are synonymous with opportunity.
“One of the things I liked moving here was the rent was one-third of New Jersey rates and today it’s probably even less than that,” says William Pote, CEO of MegaPhase, a global leader in the high-performance RF and microwave cable industry. “Also, there’s about a four percent tax difference going from NJ to Pennsylvania. It’s a big deal.”
That big deal is most evident at Pocono Mountains Corporate Center East. Located near Interstates 80, 81 380, and 476, the park features 250 acres of Keystone Opportunity Zone- (KOZ) and Keystone Innovation Zone- (KIZ) approved sites with permitted uses that include light manufacturing, logistics, professional offices, and research and technology.
PMCC East even has footprints in place.
“We have more than 900 acres of KOZ-approved sites throughout the area, but with these 250 acres, we are targeting newer businesses and entrepreneurs looking for a quick turnaround,” says Pocono Mountains Economic Development Corporation (PMEDC) Executive Director, Chuck Leonard. Our parks are part of the Pocono Mountains KIZ which provides tax credits for companies that are less than eight years old. We are also working proactively with local permitting boards to get building footprints approved so new projects can get up and running fast.”
PMCC East’s roadways and utilities (electricity, water, sewer, telecom) are already in place and the park is located adjacent to the Pocono Mountains Airport, where the 5,001-foot runway is tailored to support private corporate jets. So while the Pocono Mountains may seem quite rural, it’s highway access and transportation advantages mean costs are comparable or even better than in surrounding markets.
“It’s ideal,” says Vigon International President Steve Somers. “We could be in the middle of New Jersey and the cost for us deliver to our customers is identical to the cost coming from our location here.”
“We think we’ve got a complete and very competitive package here at PMCC East,” says Leonard. “And we think anyone who schedules a visit to see for themselves will agree.”