Florida’s Space Coast was hit hard during the 2008 economic recession; many of the area’s aerospace and defense companies laid off hundreds of skilled workers. Ten years later, the local economy is once again booming. With the return of aerospace jobs, and an influx of new tech and tourism companies entering the area, and an affordable housing market, some are even calling the Space Coast “The next Silicon Valley.”
High profile companies like Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin, among others, have put space exploration back in the national spotlight. As NASA announces new missions to the moon and begins to look to the future on Mars, new start-ups and old names alike are bringing high-paying aerospace jobs to Central Florida by the thousands in what’s been dubbed the new space race.
But aerospace isn’t the only sector that’s growing: the housing market is growing by leaps and bounds, and new construction in the area has more than double over the last 5 years. Port Canaveral, Cocoa Beach, and Melbourne are growing attractions for tourists with a wide variety of cruises, local shopping, art, and more, breaking records for visitors at any given time in Florida’s history.
Read more about the Space Coast’s economic boom in UPI’s article. If you are planning to visit the Space Coast and are in need of accommodations, give us a call at (321)-784-5046 or e-mail us at [email protected]! Relocating to area? We also do real estate!
After the environmental controversy involving a planned rail line to Port Canaveral that led to the resignation of former Port CEO, John Walsh, Port Canaveral recently joined a growing list of industry leaders as a part of the Green Marine program. The not-for-profit is devoted to assessing and improving environmental protection in the maritime transportation industry. As the Port continues to expand and grow, Green Marine and the Port Commission have both stated their commitment to sustainable growth and improving the existing efforts to minimize ecological impact.
For more information about the Port, visit the official Port Canaveral website; to continue reading about the Green Marine program, check out this article by Space Coast Daily, or this story in the Orlando Sentinel. If you are planning to visit the Space Coast and are in need of accommodations, give us a call at (321)-784-5046 or e-mail us at [email protected]!
