Miramar, Florida: A Rising Star in Economic Development and Business Growth
Miramar's strategic location between two major urban centers in South Florida, Miami and Fort Lauderdale, combined with its diverse population and robust labor market, positions it well for continued economic growth and development.
Miramar has received global recognition for its livability and smart city initiatives
| Miramar stood out as the sole city in Florida and among just 10 cities across the United States to be honored with the National All-America City Award for 2021 for the City’s management of rapid growth and building a resilient and equitable economy 1. | Miramar has been acknowledged twice with the Smart 50 Award winner, placing it among an elite group of international cities acclaimed for transformative smart-cities initiatives2. |
Miramar has experienced significant growth, transforming from a bedroom community to a bustling city with diverse residential communities, corporate parks, and recreational opportunities.
Miramar has a population of 137,208 with a workforce of 75,709 people: a high level of workforce participation in a robust local economy3. |
|
|
Utilize South Florida's infrastructure for global connectivity and streamlined international business
Proximity to 2 international airports in Miami and Fort Lauderdale-Hollywood | Maritime connectivity provided by 2 major logistics hubs in Port Everglades and PortMiami |
QUALITY OF LIFE
Well-Planned City Blending Business, Living, and Community
Miramar is a family-friendly and conveniently located city, making it an ideal place for anyone seeking a clean and well-kept community, with quick access to the vibrant Miami Metro Area. In addition, there are plenty of planned mixed-use construction projects in progress in Miramar, which offer business owners, residents and professionals quality housing options.
Miramar Offers a Range of Competitive Housing Options, with a Median House Value of $432,100 in 2021
A Melting Pot of Comfort and Culture with Diverse Housing and Top-Tier Education
Benefit from Florida’s 0% personal income tax and right to work state regulations. | Live in a cultural diversity hub of South Florida, where 38.7% of the population is foreign-born from a range of nations including Jamaica, Haiti, Cuba, and Colombia. | Access quality K-12 Education from Broward County Public Schools (BCPS) the 6th largest school district in the US with more than 251,000 students and 110,000 adult students in 329 schools and colleges. |
Location
Workforce in South Florida
Source: Bureau of Labor Statistics
BUSINESS ENVIRONMENT & INCENTIVES
Broward County’s Financial and Non-Financial Incentive Packages
| Monetary award to new, relocating, or expanding Targeted Industry Businesses that provide the County with a positive return on investment based upon the number of new jobs created and their corresponding cumulative salaries, for up to $2,000 per new job created and a maximum Broward County contribution of $1,000,000. | Quick Response Training (QRT) provides grant funding for customized training to new or expanding businesses. A local training provider is selected and available to assist in the application process and program development, with an awarded tax refund of $3,000 per new full-time Florida job created. | Annual credit against the corporate income tax which is available for up to 20 years in an amount up to 5% of the eligible capital costs generated by a qualifying project. Projects with investments of at least $25 million and 100 jobs are eligible to receive the full credit. |
| The R&D tax credit is available to a business enterprise that has qualified research expenses in Florida in the taxable year and is allowed a research credit equal to 10% of the excess qualified research expenses, the total amount of credits that may be granted under this program is $9 million. |
| Designated high-impact sector businesses creating at least 50 new full-time equivalent jobs in Florida; and making an investment of at least $50 million in a three-year period may be eligible for this grant program, which awards 50% of the eligible grant upon commencement of operations, and 50% on completion of objectives. |
BUSINESS ENVIRONMENT
Range of Industrial Space Options. The city has millions of square feet of industrial/flex space to meet your needs.
Miramar Centre Business Park 1 million square feet of warehouse-distribution space located near Interstate 75. |
900,000 square feet of warehouse-distribution space located near the Florida Turnpike. | Miramar Park of Commerce This park offers 5 million square feet of industrial flex space. |
The City of Miramar is focused on expanding these target industry clusters:
- Aerospace/Aviation
- Software/IT
- Financial Services /Business Services
- Education
The City of Miramar welcomes all companies interested in investing in our community.Our staff is available to speak and/or meet with you to discuss your plans in greater detail.
HOW WE CAN HELP
