Broward County’s economic growth, sustainability and key sectors highlighted the Launch of Invest: Greater Fort Lauderdale 2020
Broward County’s booming real estate market, powerhouse tourism sector and burgeoning startup ecosystem were just some of the focal points of the third edition of Invest: Greater Fort Lauderdale from Capital Analytics. The 2020 edition highlights the region of Greater Fort Lauderdale, including Fort Lauderdale, Plantation, Dania Beach and Hollywood, with a special focus chapter on the City of Tamarac.
The event was attended by almost 200 high-level guests and officials from Broward County’s key industries and economic institutions.
Invest: Greater Fort Lauderdale is an in-depth economic analysis that highlights business opportunities for investors, entrepreneurs and innovators in the Broward County area. These include Broward County’s commercial real estate market that remains one of the hottest in Florida, as well as the region’s residential real estate market that is attracting a variety of demographics, from millennials to retirees. Marine & Logistics are also covered in detail as the county remains the dominant force in this sector with the trade powerhouse that is Port Everglades and the city of Fort Lauderdale retaining its title as the yachting capital of the world. The publication also dives into the construction and infrastructure sectors as the economic growth for both remains strong while mitigating the effects of rising sea levels is now a top priority.
The official launch of the publication took place on Thursday, Jan. 30, at the Riverside Hotel. Following a short networking breakfast, Dale V.C. Holness, Mayor of Broward County, gave a keynote address that underscored some of the major achievements of Broward County’s economy over the past 12 months and also spoke on working together to solve some of the major challenges facing future economic growth. “We have recession-proofed our economy here in Broward County,” Mayor Holness stated during his address. This keynote addressed was followed by two robust panel discussions.
The panels addressed major themes currently dominating Broward County’s economy: construction and real estate development, and corporate and personal financial sustainability. Jenni Morejon of Fort Lauderdale Downtown Development Authority, James Fox of Maddox Group, Brad Meltzer of Plaza Construction and Gerald Stryker of John Knox Village participated in the panel, “Sustainable Growth in Broward’s Construction & Real Estate Development.” Jennifer Bales Drake of Becker was the moderator. “I think the private sector is really critical to the growth of any economy,” remarked Meltzer during the panel discussions.
The second panel, “Corporate and Personal Financial Sustainability for 2020,” featured Shawn Sackman of Truist, Jeffery Klink of Valley National Bank and Michael Balter of Marcum LLP. The moderator was Jennifer O’Flannery Anderson of Nova Southeastern University. During the conversation, the panelists discussed the challenge of the banking industry being slower to adapt to changing needs from millennial demographics into the workforce, and how the overall growth of the banking sector in Broward County can be attributed to a booming local economy.
“This is the story of Broward County today. From swampland to progressive metropolis, it’s a story of growth and optimism, of challenges and leaping over hurdles for a better tomorrow,” said Abby Melone, president of Capital Analytics.