PALM BAY. The name exudes images of swaying tropical
trees, salmon-colored sunsets, refreshing bay breezes and the
ultimate lifestyle in Florida. Located on Florida’s Space Coast,
where rockets and shuttles blast off regularly from Kennedy Space
Center, is Palm Bay which offers the best of many worlds: living,
working and playing.

A fast growing community of 107,000 plus and 96 square
miles, Palm Bay is located midway between Jacksonville and
Miami on the east coast, just an hour’s drive from the fantasy
“worlds” in Orlando. But Palm Bay has the spec’s to attract your
manufacturing business including:

AREA
•At 96 square miles, the city is Florida’s seventh-largest geographically.
•Two years ago before annexations, the city was 65 square miles in area.

MEDIAN AGE
•39 years

AVERAGE HOUSEHOLD INCOME
•$49,316

HOUSING OPPORTUNITIES
•A variety of housing styles to choose from with prices from $110,000 to $650,000. 2,288 single family building permits issued in 2004; 3,267 in 2005 and; 1,752 in 2006. D.R. Horton, Lennar Homes, Pulte and Di Vosta are just some of the builders to select from.

A night launch of the space shuttle taken from Harris Corporation's Palm Bay location.

BUSINESS CLIMATE
•A highly educated, skilled workforce in a “Right to Work” state.
•Foreign trade zones available.
•Workforce development & training programs.
•A research & development environment linked to nine colleges and universities.
•Home to Harris Corporation, Intersil, DRS Optronics, MCAssembly, Hetra Secure Solutions, Globe Wireless, Hi Tech Fabrications,VX Corporation and many others.
•The Milken Institute’s “Best Performing Cities 2005″ ranked the Palm Bay metro area as the nation’s top metro area for job creation and exhibits the best economic
performance.
•INC Magazine’s “2006 Boomtowns” ranks Palm Bay as USA’s 27th hottest cities for entrepreneurs.

INDUSTRIAL PARKS
•Kirby Industrial Park, Port Malabar Industrial Park and
•Foundation Park with available land, building space and utilities all close to transportation.

•Three new industrial parks with a total of 67 acres are now under construction.

TRANSPORTATION OPPORTUNITIES
The city is bisected by Interstate 95 with two exits and with a third interchange planned. U.S #1, access to International Airports, Florida East Coast Railway and Port Canaveral with foreign trade zones are all nearby providing access to national and international markets.

UTILITIES
•Water and sewer services: Palm Bay Utilities
•Electricity: Florida Power and Light.
•Natural Gas: Florida City Gas
•Telephone: Bellsouth and various long-distance & cellular providers.
•Cable: Brighthouse Networks.

MEDICAL
•Palm Bay Community Hospital and Holmes Regional Medical Center

EDUCATIONAL
•14 public schools, 1 Municipal charter school, 3 charter and 7 private schools.
•Colleges include Brevard Community College branch campus which also includes University of Central Florida, Webster University and Barry University programs. Florida Tech is nearby. Two public libraries.

RECREATIONAL
•Twenty-nine city parks and recreational facilities which include paintball, skateboard and outdoor roller rink; Aquatic center; 200 acre regional park; two public/private golf courses; Turkey Creek Sanctuary.
•Best fresh water “bass” fishing and salt water fishing areas on the east coast.

Business Incentives
In today’s global economy, competition among cities, states and countries for manufacturing/high tech companies is intense. Th e City of Palm Bay (www.palmbayflorida.org) offers assistance to manufacturers through tax exemptions, expedited permitting and zoning, industrial revenue bonds, workforce development and recruitment programs and other incentives to qualifi ed companies. In addition, our “one stop service” program assesses your company’s needs and will “piggyback” available business incentives at the county and state level as well.

The State of Florida’s pro-business, pro-technology climate, combined with easy trade access to key growth regions of the Americas, provide ample reasons to locate or expand a business. Enterprise Florida (www.eflorida.com) is a quasi-public entity and provides linkages to the following programs:

•Capital Investment Tax Credit.
•Qualifi ed Defense Contractor Program.
•Sales and Use Tax Exemptions.
•Quick Response Training Program (QRT).

What’s your business climate? Palm Bay’s is more than just swaying palm trees and beautiful weather year round where you can enjoy golfing, tennis, swimming, boating and other recreational activities after a hard day’s work! “Palm Bay provides an environment that’s conducive to the entrepreneurial spirit and is ranked #1 in the country for job creation. This fertile entrepreneurial setting is attractive to small, medium and large businesses where you can live, work and play,” said Chris Norton, Economic Development Director.