Fort Lauderdale Economy

The Fort Lauderdale economy and Weston’s business environment have been more resilient to the past economic downturn compared to its regional neighbors such as Miami and its surrounding communities. Although Fort Lauderdale and Weston count Hospitality among their top industries, International commerce and technology are becoming the fastest growing ones. According to the City of Fort Lauderdale…

Fort Lauderdale has emerged as one of the fastest growing markets for global trade, with more than 40% of local businesses engaged in or supporting international commerce. The City remains at the forefront of South Florida’s emerging “Internet Coast,” a region that is home to more than 6,000 high technology firms.

A growing list of nationally-recognized corporations have established business operations in Fort Lauderdale with corporate or Latin American headquarters, including: AT&T, AutoNation, BankAtlantic, Citicorp, Citrix Systems, Galaxy Latin America, Hewlett-Packard, Microsoft Latin America, Motorola Latin America, Republic Industries, South African Airways, Spherion Corporation, SportsLine.com, and Voicestream Wireless.

Ranking Fort Lauderdale as one of the “100 Best Places to Live
and Launch” a business, CNN/Money reported:

“. . . Fort Lauderdale has felt less impact (from the real estate market) thanthe regions in and around Miami. The hottest businesses here are a reflectionof the subtropical climate and locale. Pleasure boat construction and services are a major sector, while the tourism industry, in general, stays strong, thanks in large part to the Canadians and Europeans attracted to the weak dollar. What’s more, a 600,000-square-foot convention center plays host to trade shows that bring a variety of industrial leaders from all over the country in contact with local businesses. Besides the usual pleasures to be expected from a city by the sea (sun, surf, sailing and swimming), Fort Lauderdale offers a lively downtown, with museums, galleries, live music, theater and fine restaurants. And for sports-crazed fans, there are no less than seven pro teams to root for in the surrounding area.”

With no lack of reasons to start up a business in the Weston/Fort Lauderdale area, an Executive Suite is the perfect office space setting for a new business. Call us for more details.