Florida Continues To Outpace National Economic Trends

Governor Ron DeSantis credits the Sunshine State’s economic growth to strong infrastructure and local community development.

St. Lucie County, FL Offers Class A Logistics Space

What do the Sansone Group, Tambone Companies, Hope Commercial Holdings, JBL Asset Management, Seefried Industrial Properties, Stonemont Financial Group, and others have in common? All have Class A industrial facilities in St. Lucie County, FL.

Located midway between Miami and Orlando, within a three-hour drive of 70% of Florida’s population, St. Lucie County offers southeastern Florida’s lowest costs, unmatched speed-to-market, and 10 commerce parks with more than 6 million square feet of industrial facility space, ready now or build-to-suit.

Florida Economic Growth
Legacy Park at Tradition in Port St. Lucie is home to Amazon, Cheney Brothers, FedEx Ground, and two Class A industrial facilities for lease. The park has Interstate 95 access midway between Miami and Orlando. (Photo: City of Port St. Lucie)

 

The sites have immediate access to Interstate 95 and Florida’s Turnpike at the northernmost point where the highways meet, as well as options for rail, ocean, and air transit. All are within a Foreign-Trade Zone.

The county and its two cities, Fort Pierce and Port St. Lucie (Florida’s sixth largest city and in the Top 10 of fastest-growing cities nationwide), provide exceptional speed-to-market. For example, a 106,000 square-foot expansion with environmental considerations was approved in 41 days, and 1.1 million square feet of new construction in 89 days.

“In addition to our location, land availability, low costs, and workforce, our county, municipalities, and the EDC work closely together to ensure companies interested in creating jobs here receive expedited review, tax incentives if qualified, and the kind of sincere welcome not often experienced elsewhere,” said Pete Tesch, President of the Economic Development Council of St. Lucie County.   

St. Lucie County
Aerial view of the 1-million-square-foot Interstate Crossroads Logistics Center and the 207,000-square-foot Interstate Commerce Center, both with frontage along Interstate 95, in St. Lucie County, FL. (Photo: St. Lucie County)

Industrial/commerce parks include:

  • Legacy Park at Tradition by the Sansone Group: 168,000 square feet and 520,000 square feet Class A industrial facilities available for immediate occupancy, plus development-ready vacant land;
  • Interstate Commerce Center by JBL Asset Management: now leasing from 20,000+ square-foot units in a Class A facility with direct I-95 frontage;
  • Interstate Crossroads Logistics Center, the South Florida Logistics Center 95, and Kings Logistics Center: 1 million square feet, 1.3 million square feet, and 664,000 square feet ready now; and
  • Additional parks with build-to-suit options available.

The county has a regional workforce of more than 315,000 and low average labor costs.

Sixty-two percent of the county’s workforce out-commutes, highlighting exceptional opportunities to draw these commuters to new local jobs, according to the study, “Summary of Employment, Demographics, and Commuting Patterns for St. Lucie County 2023.”

St. Lucie Public Schools and Indian River State College (IRSC) offer robust career and technical (CTE) training programs. In addition to degree programs, IRSC provides short-term, in-demand career certifications. With a high school graduate rate higher than 90% and 58 CTE programs, St. Lucie’s non-college-bound youth have many options for successful careers in targeted industries.

In addition to direct access via I-95 and Florida’s Turnpike, Highway 70 connects the county to Florida’s west coast. The 3,660-acre Treasure Coast International Airport has customs officials onsite and a full-service fixed-base operator (FBO).

St. Lucie County is located in a spectacular setting with enviable natural resources—21 miles of coastline and beaches, more than 20,000 acres of parks and preserves, and miles of waterways.

Visit www.youredc.com for more information.

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