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Port Malabar
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718
SW Perkins St, 32908
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29-36-14-KS-02625.0-0011.00
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49
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2625
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Welcome to Palm Bay Florida

Florida's best kept secret on the Space Coast
is the largest city in Brevard
County. But Palm Bay's cover as a quiet,
unassuming suburban community astride Interstate I 95 is about to be blown.
Only 30% built out, this suburban city is actively seeking clean, high tech
industries to complement its highly skilled, stable workforce Located just five
miles south of Melbourne/Palm Bay International Airport, Palm Bay is midway
either way. Orlando
and its resorts are an hour to the west via US 192/441. In a state that has the
nations' oldest city, but itself is barely 155 years old, Palm
Bay is very young. The city was planned in the
late 1950s and incorporated in 1960. The 6th largest incorporated area in Florida with 65 square miles, Palm Bay's 85,600 residents make it 19th in
population. Planning officials are working toward a future population level of
250,000.
Mayor Ed Geier says, "The
demographics are perfect for economic stability. One third of our citizens are
below the age of 18, one third are working age, and one third are retirement
age. We have a dependable current work force, a guaranteed up and coming labor
supply, and retirees who make a great stabilizing balance." Housing demand
reflects the community's stability; 90 of dwelling permits issued since 1990
were single family units. Palm Bay's
family orientation extends to its leisure side. There is a community center, 14
community parks, a nature center and easy daytrip access to central Florida's famous
entertainment resorts. A family's interest in education is rewarded in Palm Bay, too.
The public school system is
graded above average for Florida, and numerous
higher education opportunities exist, beginning with Brevard
Community College's Palm
Bay Campus (BCC-PB), Florida Tech,
and the University
of Central Florida, which
shares facilities with BCC PB. Assessing their labor force, land and current
industry mix assets, the city's leaders are proactively planning for business
growth they know will come. Bill Wilson, board chair of the Palm Bay Area
Chamber of Commerce notes that national food, drug, office supply and fast food
chains have discovered Palm Bay.
Mayor Geier goes on to say, "The handwriting is on the wall. We've seen
lots of spin off businesses in the service sector do very well. The businesses
that are expanding here know major industrial businesses are going to come to Palm Bay once they find
out about us.
The city recently launched a
sophisticated and aggressive economic development program with the Economic
Development Commission of Florida's Space Coast
and Brevard County as partners. Business incentives
include all that the state of Florida has to
offer plus Brevard
County incentives, and in
keeping an eye on its growth horizon, the city has 325 acres available for
industrial development; 1,100 more area zoned commercial.
The newly created Bay front
Redevelopment District offers a 25-year vision to develop the area with
additional recreational opportunities attractive to visitors, families and
businesses. This mixed-use environment will include residential subdivisions,
an industrial park, public open spaces, and a network of trails, a Tourist Welcome
Center, and the designation of U.S. Route I along
the Indian River Lagoon as a Florida Scenic Highway.
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