Regional economic development initiatives

There are many examples around the country of counties and cities working on collaborative economic development initiatives,in many cases through virtual partnerships of existing entities. In Southeast Florida, the Beacon Council in Miami-Dade County, the Greater Fort Lauderdale Alliance and the Business Development Council of Palm Beach County are jointly…

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Community reinvestment strategy

A variety of investment tools are available to help regions pro- mote small businesses, entrepreneurship, and community re- investment. A community development financial institution (CDFI) provides credit and financial services to underserved markets and populations. The U.S. Treasury Department has certified 10 CDFIs in Southeast Florida out of approximately 1,000…

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Position Southeast Florida to attract national & international events

The region seeks to attract high-profile sporting events and sport-related business opportunities that generate economic impact, engage the community and support the region’s identity as active and healthy. Our region is positioned both geographically and culturally to become a center of world sports and events. We are a short flight…

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Improve coordination & collaboration to help Southeast Florida compete globally as a leading regio

Southeast Florida’s industry clusters and labor markets increasingly function at a regional scale. As one example, nearly one out of four Broward County residents commute across the county line to go to work. Southeast Florida’s economic strategy should increasingly take a regional perspective that matches these business and labor markets.…

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Develop & maintain globally competitive infrastructure & economic development sites that support the region’s economic vision

Southeast Florida’s infrastructure is one of its primary tools for supporting its economic vision. Airports and seaports serve as global gateways for trade and tourism. Highways, rail lines, and waterways connect these gateways and Southeast Florida’s businesses to markets in other parts of Florida and to other states. These modes…

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Enhance Southeast Florida’s quality of life to attract & retain a diverse mix of families, workers, visitors, retirees & businesses

Southeast Florida’s economic competitiveness relies heavily on its appeal to a wide range of residents, including workers, students, and retirees. Between 2010 and 2012, in-migration from other states and nations accounted for 80 percent of the region’s population growth – the largest share among the nation’s 13 large urban regions.…

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Plan for the impact of climate change & sea level rise on private & 5 public investment in the form of rising insurance rates & costs of new resilient infrastructure

The federal government offers subsidized flood insurance in lowlying or coastal areas. When the National Flood Insurance Program proceeded to address its debt in 2012 new flood maps for high-risk areas and new nonsubsidized rates were introduced. A rise in insurance premiums in our region followed. In the future, catastrophic…

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