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Coral Springs Economic Development Foundation

Coral Springs Economic Development Foundation. Mission Statement. “To expand and diversify the commercial tax base through targeted strategies which support the City’s quest to be the premier community in which to live, work and raise a family.”. Core Services. Business Development

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Coral Springs Economic Development Foundation

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  1. Coral Springs Economic Development Foundation

  2. Mission Statement “To expand and diversify the commercial tax base through targeted strategies which support the City’s quest to be the premier community in which to live, work and raise a family.”

  3. Core Services • Business Development • Customer Service • Workforce Development

  4. EDF History How Economic Development has transformed • 1990’s – Owner Occupied • 2000 – Developer Driven • 2010 – Absorption and Targeted Industries

  5. Business Development • Industrial • Office • Retail

  6. The New Economic Development Targeted Industries New Office Uses Green Business Services Relationships and Activities

  7. Targeted Industries Healthcare Medical Devices IT – Global Services Distribution/Special Goods Green Industries Import/Export

  8. EDF Accomplishments 1994 – 2012 148 projects/corporations 8,052,113 million square feet $26,746,282 billion commercial tax base

  9. EDF Project Updates • Business Services • EDF Clients

  10. 2012 Projects

  11. 2012 Pending Projects Broward College Cabokia Auto Center Simon / Royal Eagle Plaza Taco Bell Tijuana Flats Sports Authority Paragon Charter Elementary Daniela Springs

  12. Science Care SpeedSource

  13. SaltLife Sports Authority Broward College

  14. 2012 Goals Economic Development Stabilize vacancy rates citywide Quarterly focus groups • Industrial, commercial, retail – vacancy rates, absorption, best practice strategies • Community LDC to key brokers and developers • EDF Preferred Client Program

  15. 2012 Goals Economic Development Stabilize vacancy rates citywide Targeted industry focus groups • Import and Export • Industrial • Medical and Healthcare • Office and Retail

  16. 2012 Goals Economic Development Community Redevelopment Agency (CRA) Infrastructure and Art Improvements Brokenwoods

  17. Workforce Development • Broward College

  18. 2012 Goals Broward College Alliance 3,500 full-time students • Continue to develop and market new and existing credit and non-credit programs • Medical certificates, BS – Nursing, IT, Entrepreneur Institute • Incorporate feedback from targeted industry focus groups into new and existing course offerings • Continue to incorporate questions in the City Customer Satisfaction Survey that will provide data enabling the expansion of the Broward Alliance • Attempt to relocate the program to a larger facility within the city

  19. Q&A

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