Jacksonville & Northeast Florida
Total Page:16
File Type:pdf, Size:1020Kb
JACKSONVILLE & NORTHEAST FLORIDA Cleveland New York Chicago Pittsburgh Philadelphia Cincinnati St. Louis Kansas City Washington D.C. Louisville Norfolk Nashville Charlotte Little Rock Atlanta Birmingham Charleston Jackson JACKSONVILLE New Orleans Tampa Miami NORTHEAST FLORIDA EMPLOYMENT by SECTOR Construction Other Services 6% 4% Education & Health Services 15% Trade, Transportation & Utilities 20% Financial Services 10% Professional & Business Services Government 15% 11% Manufacturing Leisure & 4% Hospitality Source: Florida Department of Economic Opportunity, 2017 12% TARGET INDUSTRIES ADVANCED FINANCIAL HEALTH & MANUFACTURING SERVICES BIOMEDICAL ADVANCED INFORMATION TRANSPORTATION TECHNOLOGY & LOGISTICS & INNOVATION JAX FACTS TEMPERATURE 875 SQUARE MILES AVERAGES* CONSOLIDATED Largest City in Land Mass in U.S. Summer City / County 90oF - 70oF Governments Winter 65oF - 42oF 25 MINUTE LARGEST Average Commute* U.S. Urban Park System *2010 Census Journey to Work; Northeast Regional Climate Center 4,360 1,300 + AVIATION 1,100 2,300 950 850 LARGE EMPLOYERS 870 800 1,000 800 870 850 750 630 650 FORTUNE 700 570 500 425 1,500 650 500 300 600 400 390 400 250 500 500 450 450 230 180 250 125 100 350 280 300 1,100 100 100 70 250 80 50 8,000 6,700 4,500 3,900 2,600 10,500 6,000 2,250 2,000 1,500 3,600 3,500 5,720 2,400 1,300 1,200 1,000 1,700 1,040 2,000 1,600 400 1,000 900 850 1,500 1,300 500 800 500 650 540 350 1,000 725 450 400 300 450 400 700 290 250 80 290 225 TOP OFFICE EMPLOYERS 1. NORTHBANK Citizens Property Insurance 1,040 Community First Credit Union 300 CSX Corporation 1,500 TIAA 2,000 U.S. Bank 500 Wells Fargo 3,500 2. RIVERSIDE Black Knight Financial Services 2,400 Fidelity National Financial 500 FIS 1,100 3. SOUTHBANK Aetna 1,700 Interline 750 Macquarie 140 One Call Care Management 1,500 Prudential Insurance 900 Stein Mart 1,000 Suddath 850 4. WESTSIDE 1 VyStar Credit Union 1,300 2 5. JTB CORRIDOR 3 Acosta 400 Adecco 400 AT&T 2,600 Bank of America Merrill Lynch 8,000 4 CIT 600 5 Deutsche Bank 2,250 Fidelity Investments 850 Florida Blue 6,700 AllState 800 6 6. BAYMEADOWS Convergys 700 ERC 600 JPMorgan Chase 3,900 NGA Human Resources 450 LenderLive 450 Voya Financial 750 State Farm 650 7 7. FLAGLER CENTER Ally Financial 1,000 Citi 4,500 Kemper 450 Web.com 1,000 Last update: 3/2/18 No. of employees BANK OF AMEICA MERRILL LYNCH – Banking and investments 8,000 FLORIDA BLUE – Health insurance state headquarters 6,700 CITI – Consumer finance 4,500 JPMORGAN CHASE – Banking and mortgage services regional headquarters 3,900 WELLS FARGO – Banking 3,500 AT&T – Telecommunications regional headquarters 2,600 BLACK KNIGHT FINANCIAL SERVICES – Mortgage IT provider 2,400 DEUTSCHE BANK – Global technology and operations center 2,250 TOP OFFICE TIAA BANK– Banking and mortgage services 2,000 AETNA – Health insurance 1,700 EMPLOYERS CSX CORPORATION– Railroad corporate headquarters 1,500 ONE CALL – Workers compensation services 1,500 VYSTAR CREDIT UNION – Credit union 1,300 GUIDEWELL SOURCE – Medicare administration 1,300 FIS – Banking services software provider 1,100 CITIZENS PROPERTY INSURANCE – Insurance provider 1,040 ALLY FINANCIAL – Consumer auto finance operations 1,000 STEIN MART – Retail corporate headquarters 1,000 WEB.COM – Web design and online marketing 1,000 FIDELITY INVESTMENTS – Investments 850 SUDDATH – Relocation and transportation 850 ALLSTATE – Insurance 800 400 RECENT ANNOUNCEMENTS 3,800 200 150 by INDUSTRY 260 80 250 80 200 75 500 120 70 54 650 50 50 450 300 200 250 185 180 175 500 250 300 150 170 107 200 80 125 300 50 RECENT RANKINGS #2 HOT SPOT Where Americans are Moving Right Now – Realtor.com 5TH BEST CITY for Attracting Millennials – SmartAsset With the Most Vibrant Best Cities for Tech Outside #2 CITY #2 CITY Employment Scene– Forbes California and New York – DataFox TOP 40 BEST PLACES 5TH CITY WINNING For Business and Careers – Forbes FINANCE JOBS From Wall Street – Forbes Office 20 major banks and investment services firms on the Forbes Global 2000 list have operations in JAX NORTHEAST FLORIDA POPULATION 1,770,400 1,515,656 1,242,824 1,018,983 1990 2000 2010 2020 Source: U.S. Census & Demographics Now JAX REGIONAL WORKFORCE A rated schools B rated schools HIGHER EDUCATION SCHOOL ENROLLMENT Florida State College at Jacksonville 24,078 University of North Florida 15,762 St. Johns River State College 7,114 Jacksonville University 4,060 Edward Waters College 3,062 Flagler College 2,621 University of Central Florida 64,088 University of Florida 52,367 Florida State University 41,173 Florida A & M University 9,619 Embry Riddle Aeronautical University 6,011 Source: National Center for Education Statistics, Full-Time Enrollment Fall 2016 LOCAL UNIVERSITIES . Ranked 2018 Best Value College by Forbes . Among the top ranked business schools in the Southeast Thomas Carpenter Library Student Union . Outstanding Business, MBA and other schools . Excellent aviation, engineering, cyber security and marine Davis College of Business Marine Science Research Institute science programs FIRST COAST’S PROTECTED LOCATION JACKSONVILLE MAJOR LANDFALLING HURRICANES ACCESS by AIR 100+ NON-STOP FLIGHTS 40+ MARKETS Minneapolis Toronto Rochester Boston Buffalo Milwaukee Trenton Detroit New York: Philadelphia LaGuardia Chicago O’Hare Pittsburgh Chicago Midway Cleveland JFK Newark Indianapolis Baltimore Denver Columbus Washington Dulles Richmond St. Louis Cincinnati Washington National Kansas City Louisville Norfolk Las Vegas Charlotte Non-stop flights Nashville to major airport hubs Atlanta 14 Atlanta Dallas/Ft. Worth New York 14 Dallas/Love Field Washington D.C. 9 JACKSONVILLE Austin Houston International Houston Hobby Charlotte 7 San Antonio Chicago 6 Ft. Lauderdale Miami 5 Miami Marsh Harbour Dallas 3 OFFICE MARKET RATES Rate Vacancy Class A $22.00 9.0% Class B $18.06 7.2% 701 San Marco Total $18.38 7.5% Concourse II 81.8 Commercial Construction Index Bank of Source: CoStar Jacksonville Office Market Report, Year-End 2017, RS Means 2018 America Tower Veranda COST OF LIVING COMPARISON NATIONAL AVERAGE = 100 Seattle 153.6 Boston 150.4 Detroit New York Chicago 95.2 240.6 120.8 Washington Salt Lake City 161.0 San Francisco 105.0 Denver 191.4 114.3 Kansas City Norfolk 94.3 94.9 Charlotte Nashville 97.2 Phoenix Oklahoma City 98.2 97.4 84.8 Charleston Atlanta 100.1 102.7 Dallas Birmingham 103.7 89.6 JACKSONVILLE Austin 9 1 . 1 99.7 Tampa 89.6 Miami 116.9 Source: C2ER Annual Cost of Living Index, 3rd Quarter 2018 HOUSING More house for your money Jacksonville Based on a $265,289 2,400 square foot, 3 bedroom/2 bathroom Charlotte $267,863 new home Atlanta $290,041 Chicago $487,764 Boston $604,205 New York (Brooklyn) $1,144,027 Source: C2ER Cost of Living Index, 2017 Annual HOUSING COSTS – Recently Sold Homes $368,900 - Duval $279,900 – St. Johns Median New and Resale Price: $228,900 $305,387– St. Johns $196,900 – Nassau $389,900 – Clay Source: National Association of Realtors 2017 Annual HOUSING COSTS Average Apartment Sola $1,350 - $1,599 Links at Windsor Parke $1,209 - $1,629 Carlyle at Bartram Park $1,220 - $1,325 Rental: $1,154 2BR/2BA ~1,000 sqft The Strand $1,800 - $2,230 Sorrel $1,346 - $1,816 Heron $730 - $905 Source: C2ER Cost of Living Index, 2017 Annual WORLD-CLASS HEALTH CARE SYSTEM . Mayo Clinic . Baptist Health . MD Anderson Cancer Center . UF Health at Jacksonville . Memorial Hospital . St. Vincent’s Medical Center . Flagler Hospital . Orange Park Medical Center . Brooks Rehabilitation . Wolfson Children’s Hospital . Nemours Children’s Clinic FLORIDA TAX ANALYSIS . Corporate Franchise Tax None . State Personal Income Tax None . Inventory Tax None . Manufacturing Equipment Tax None . State Sales & Use Tax 6.0% . Corporate Income Tax 5.5% . Property Tax 18.2 mils UNIQUE AMENITIES UNIQUE AMENITIES UNIQUE AMENITIES UNIQUE AMENITIES JACKSONVILLE & NORTHEAST FLORIDA THANK YOU 3 Independent Drive Jacksonville, FL 32202 (904) 366-6600.