MacDill Air Force Base flying high as a premier Tampa Bay economic driver

2 minute read July 2019 —When describing the major economic drivers in the Tampa Bay region, the typical response will normally be associated with Fortune 500 companies, a budding technology sphere and the large healthcare systems that all call Tampa Bay MSA their home. While these are all significant contributors to the local economy, there is one entity that cannot be overlooked or underestimated: MacDill Air Force Base. 

A staple in the Tampa Bay community, MacDill Air Force Base employs approximately 15,000 people and creates over $3 billion a year in economic impact. Established in 1939, the base has been an economic powerhouse and premier training ground for aircrews throughout all the major wars since its inception. 

The impact of the base is far-reaching, as collaboration with various sectors of the local economy has spurred continued interest from companies to do business in Tampa Bay. Invest: spoke with Larry Richey, managing principal for Cushman & Wakefield in Tampa, who noted the appealing environment for defense technology thanks in part to MacDill. “We have companies that are providing cybersecurity services in conjunction with MacDill Air Force Base and the University of South Florida. The triangulation of MacDill, USF and cybersecurity startups has created a ripe environment for defense technology here in Tampa,” Richey told Invest:. 

Former Mayor Bob Buckhorn also credited MacDill as one of the reasons that Tampa is able to stay competitive in attracting new businesses to the area. “Most people don’t realize that MacDill is the only base in the military system that is home to two combat commands. There are 2,400 defense-contracting firms in the Tampa Bay area that largely feed off of central command but, more specifically, special operations command.” 

While the base has been successful on it’s own merit and continues to give back to the region tenfold, the relationship between MacDill Air Force Base and Tampa Bay is mutually beneficial. The Tampa Bay region has long been known as a welcoming community for veterans and active duty citizens. Regional Vice President for USAA Yvette Segura spoke to Invest: about the deep-rooted connection between the Air Force base and the surrounding community. “Knowing that the community as a whole is so warm and receptive to the folks coming into MacDill has created a strong sense of fellowship that is welcoming to a company like ours. Part of our company mission is to support military members as they’re exiting their roles and to offer them an opportunity to work with us,” she said. “There’s something special about what Tampa does for military families, and I truly believe it speaks to the collective comradery of the community leaders in the Tampa Bay area.

There aren’t many areas in Florida, or the United States for that matter, that have the economic advantage that MacDill Air Force Base provides to the Tampa Bay region. The base’s influence and impact continues to drive Tampa Bay both socially and economically into the future. 

To learn more about our interviewees, visit their websites:

MacDill Air Force Base: https://www.macdill.af.mil/

USAA: https://www.usaa.com/

Cushman & Wakefield: http://www.cushmanwakefield.com/en

Invest: Tampa Bay Launched with Resounding Success!

FOR IMMEDIATE RELEASE

June 5, 2019

Tampa Bay’s diverse and strong economy is highlighted at the first release of Invest: Tampa Bay

In celebration of Invest: Tampa Bay’s inaugural issue, local companies and individuals are invited to come and network with one another while also celebrating the unified Tampa Bay business community.

Tampa, FL – Tampa Bay’s diverse economy and appeal for healthcare, tech and innovation, talented workers, new businesses, a booming startup industry and the continued growth of the real estate market are some of the focal points of Invest: Tampa Bay’s first edition. The 2019 report highlights the growth in the entire Tampa Bay region as well as the technological renaissance the area is currently experiencing.  

Tampa Bay’s technology and innovation sector is a main focus throughout the community and its impact is felt in all economic sectors. Residential and commercial development is a significant driver of construction in Tampa Bay, and there is no slowdown in sight. Tourism, arts, culture, and sports are covered in detail as they are some of the area’s largest economic drivers. Invest: Tampa Bay also puts particular focus on the healthcare sector as Tampa Bay continues to grow as a hub for medical innovation and leadership. This publication from Capital Analytics is a 156-page economic analysis that highlights Tampa Bay’s economy, key sectors and opportunities for investors, entrepreneurs and innovators.

The official launch of the publication will take place on June 13, 2019 at The Don CeSar Hotel in St. Petersburg, at 1:30 pm. The opening keynote address for the day will be Kenneth Welch, Commissioner, Pinellas Board of County Commissioners and the closing keynote address will be Sandra Murman, Commissioner of Hillsborough County. Following networking, there will be three robust panel discussion to discuss the current climate, highlights and challenges facing various sectors of the local economy.

The panels will address key sectors in Tampa Bay’s economy from an expert perspective. The “A Healthier Tampa Bay” panel will be moderated by Lee Lasris, Partner at Greenspoon Marder. Panelists will be Tim Thompson, SVP/CIO of Baycare; Sherry Hoback, CEO of Tampa Family Health Centers; John Couris, CEO of Tampa General Hospital; and Phil Dingle, Managing Partner at HealthEdge Investment Partners.

The second panel, “Let’s Innovate” will be moderated by Rita Lowman, President of Pilot Bank. Panelists will be Stu Sjouwerman, CEO of KnowBe4; Gregory Kadet, Managing Director at UBS Wealth Management Americas; Ron Christaldi, CEO of Shumaker Advisors; and Brian Kornfeld, President and Co-Founder of Synapse.

The final panel “Forging Ahead” will be moderated by Jack Miller, Regional Director at Capital Analytics. Panelists will be Gary Sasso, CEO of Carlton Fields; Chris Bowen, Chief Development Strategist at RD Management; Beth Alden, Executive Director of Hillsborough Metropolitan Planning for Transportation; and Cesar Hernandez, Executive Director of the Tampa Bay Mobility Alliance.  

Capital Analytics President, Abby Melone, remarked, “We are proud to be able to bring all the amazing economic developments in Tampa Bay to the forefront. It’s not hard to see why this is the fastest growing region in the state of Florida. There is so much positive development and growth happening in this market, and we look forward to continuing to establish and grow partnerships with local public and private sector leadership.”  

About Invest: Tampa Bay 2019:

Invest: Tampa Bay 2019 is an in-depth economic review of the key issues facing Tampa Bay’s economy, featuring the exclusive insights of prominent industry leaders. Invest: Tampa Bay 2019 is produced with two goals in mind: 1) to provide comprehensive investment knowledge on Tampa Bay to local, national and international investors, and 2) to promote Tampa Bay as a place to invest and do business.

The book conducts a deep dive into the top economic sectors in the county, including real estate, construction, technology, infrastructure, banking and finance, healthcare, education and the arts, culture and tourism. The publication is compiled from insights collected from more than 200 economic leaders, sector insiders, political figures and heads of important institutions. It analyzes the leading challenges facing the market as well as covering emerging opportunities for investors, entrepreneurs and innovators.

Register: https://events.r20.constantcontact.com/register/eventReg?oeidk=a07egc2lefr9dfa0185&oseq=&c=&ch=

Contact: Max Crampton-Thomas

Content Manager | Tampa Bay

Phone Number: 305-523-9708 Ext. 233

MCThomas@capitalaa.com

Invest: Tampa Bay Leadership Summit and Economic Report Debut

FOR IMMEDIATE RELEASE

June 5, 2019

Tampa Bay’s diverse and strong economy is highlighted at the first release of Invest: Tampa Bay

In celebration of Invest: Tampa Bay’s inaugural issue, local companies and individuals are invited to come and network with one another while also celebrating the unified Tampa Bay business community.

Tampa, FL – Tampa Bay’s diverse economy and appeal for healthcare, tech and innovation, talented workers, new businesses, a booming startup industry and the continued growth of the real estate market are some of the focal points of Invest: Tampa Bay’s first edition. The 2019 report highlights the growth in the entire Tampa Bay region as well as the technological renaissance the area is currently experiencing.  

Tampa Bay’s technology and innovation sector is a main focus throughout the community and its impact is felt in all economic sectors. Residential and commercial development is a significant driver of construction in Tampa Bay, and there is no slowdown in sight. Tourism, arts, culture, and sports are covered in detail as they are some of the area’s largest economic drivers. Invest: Tampa Bay also puts particular focus on the healthcare sector as Tampa Bay continues to grow as a hub for medical innovation and leadership. This publication from Capital Analytics is a 156-page economic analysis that highlights Tampa Bay’s economy, key sectors and opportunities for investors, entrepreneurs and innovators.

The official launch of the publication will take place on June 13, 2019 at The Don CeSar Hotel in St. Petersburg, at 1:30 pm. The opening keynote address for the day will be Kenneth Welch, Commissioner, Pinellas Board of County Commissioners and the closing keynote address will be Sandra Murman, Commissioner of Hillsborough County. Following networking, there will be three robust panel discussion to discuss the current climate, highlights and challenges facing various sectors of the local economy.

The panels will address key sectors in Tampa Bay’s economy from an expert perspective. The “A Healthier Tampa Bay” panel will be moderated by Lee Lasris, Partner at Greenspoon Marder. Panelists will be Tim Thompson, SVP/CIO of Baycare; Sherry Hoback, CEO of Tampa Family Health Centers; John Couris, CEO of Tampa General Hospital; and Phil Dingle, Managing Partner at HealthEdge Investment Partners.

The second panel, “Let’s Innovate” will be moderated by Rita Lowman, President of Pilot Bank. Panelists will be Stu Sjouwerman, CEO of KnowBe4; Gregory Kadet, Managing Director at UBS Wealth Management Americas; Ron Christaldi, CEO of Shumaker Advisors; and Brian Kornfeld, President and Co-Founder of Synapse.

The final panel “Forging Ahead” will be moderated by Jack Miller, Regional Director at Capital Analytics. Panelists will be Gary Sasso, CEO of Carlton Fields; Chris Bowen, Chief Development Strategist at RD Management; Beth Alden, Executive Director of Hillsborough Metropolitan Planning for Transportation; and Cesar Hernandez, Executive Director of the Tampa Bay Mobility Alliance.  

Capital Analytics President, Abby Melone, remarked, “We are proud to be able to bring all the amazing economic developments in Tampa Bay to the forefront. It’s not hard to see why this is the fastest growing region in the state of Florida. There is so much positive development and growth happening in this market, and we look forward to continuing to establish and grow partnerships with local public and private sector leadership.”  

About Invest: Tampa Bay 2019:

Invest: Tampa Bay 2019 is an in-depth economic review of the key issues facing Tampa Bay’s economy, featuring the exclusive insights of prominent industry leaders. Invest: Tampa Bay 2019 is produced with two goals in mind: 1) to provide comprehensive investment knowledge on Tampa Bay to local, national and international investors, and 2) to promote Tampa Bay as a place to invest and do business.

The book conducts a deep dive into the top economic sectors in the county, including real estate, construction, technology, infrastructure, banking and finance, healthcare, education and the arts, culture and tourism. The publication is compiled from insights collected from more than 200 economic leaders, sector insiders, political figures and heads of important institutions. It analyzes the leading challenges facing the market as well as covering emerging opportunities for investors, entrepreneurs and innovators.

Register: https://events.r20.constantcontact.com/register/eventReg?oeidk=a07egc2lefr9dfa0185&oseq=&c=&ch=

Contact: Max Crampton-Thomas

Content Manager | Tampa Bay

Phone Number: 305-523-9708 Ext. 233

MCThomas@capitalaa.com