Florida Commerce Park Overview
Florida Commerce Park is a 100-acre industrial park situated in an outstanding location in South Florida, in Indiantown, Martin County. The commerce park offers strategic positioning opportunities for data centers, distribution and energy-related companies, and manufacturing and warehouse facilities among others. The park is one of the largest blocks of approved, shovel-ready acreage available within the southeast Florida region and can offer sites that are permit-ready — up to 100 acres — saving up to 12 months of processing time.
Florida Commerce Park features an ideal logistical location that is inland, elevated and along a Florida transportation axis that includes key highway, rail and waterway intermodal routes. It is immediately adjacent to FPL’s power plant, which includes the largest solar-thermal power plant in the eastern U.S. Between those power sources, natural gas providers and other sustainable resources, Florida Commerce Park features a significant and uninterrupted supply of clean sustainable energy.
In addition to being shovel-ready, and offering critical redundant and sustainability features, Florida Commerce Park offers significant cost advantages over other regional sites. The park is designated as an Enterprise Zone, which translates into the most powerful business financial incentives available in South Florida. Add to that a robust and diverse surrounding labor pool, and Florida Commerce Park stands ready as an ideal commerce and crossroads hub for business.
With its readiness, redundancy and sustainability features, Florida Commerce Park is considered one of the most important new commerce parks to come on the Southeast horizon in decades.
Florida Commerce Park, which is situated on approximately 100 acres, features up to 1.3 million square feet of building potential. The park offers one of the largest blocks of approved, shovel-ready acreage available within the southeast Florida region. Parcels are “permit-ready” with most county requirements satisfied, saving up to 12 months of development time. Lots are available, for sale or build-to-suit, from 1.4–100 acres.
Florida Commerce Park is located in Martin County inland off State Road 710 — one of the state’s main emergency routes — by SW Railroad Avenue. The western border of the 100-acre park runs parallel to the CSX main rail line and adjacent is SR 710. Immediate proximity to these strategic intermodal arteries provides Florida Commerce Park with significant logistical advantages. Furthermore, the park is at high elevation to sea level, which together with its inland location, provides enhanced safety compared to coastal locations prone to tropical storms. Florida Commerce Park is situated in a strong path of regional growth and the park’s comprehensive plan takes on the master water-management system, which translates into more buildable square feet and lower costs per individual parcel.
Florida Commerce Park has an outstanding location at a crossroads of commerce in South Florida, situated in Indiantown, Martin County. The park’s many strategic advantages include:
Logistics
- Key Florida intermodal systems — including highways, rail, and waterways — all lead to Florida Commerce Park
- The park has easy access to east and west coasts of Florida and serves as an industrial gateway to the newly expanded Panama Canal (early 2016 completion)
Safety & Sustainability
- Inland, elevated location provides security against business interruption compared to coastal locations subject to tropical storms
- The park features significant, uninterrupted sources of clean energy:
- Florida Power & Light Company’s recently added state-of-the-art upgrades to its nearby power plant, which includes the largest solar-thermal power plant in eastern US
- Natural gas providers and other sustainable resources are also available
Connectivity
- Indiantown was honored as a Smart Rural Community with high-tech readiness and a secure, redundant underground fiber network
- ITS Fiber Symmetric gigabit broadband capability boasts up to 1 Gpbs (1000 Mbps) symmetric speeds (equal upload and download speeds) — up to 20 times faster than quickest speeds currently offered in most of South Florida
An Intelligent Choice for a Prosperous Future
- The area offers a diverse and wide labor pool
Indiantown has top-rated primary and secondary schools, and five institutions of higher learning are situated in Martin County
Area is bounded to south and north by world-renowned bio-medical research facilities: Scripps Florida and Max Planck Institutes, and Torrey Pines and VGTI Florida
For more on Indiantown visit the Indiantown Chamber of Commerce.
A Gateway for Panama Canal Trade
Expansion of Canal — early 2016 — expands opportunities for businesses at Florida Commerce Park
Florida Commerce Park serves as an industrial gateway for commodities transiting the Panama Canal. The canal’s historic expansion, set for completion in early 2016, will double its capacity and have significant trade implications for South Florida and Florida Commerce Park
Prime Positioning
More than 10.1 million long tons flowed through the Panama Canal in 2014 from Central and South America, Oceania and Asia, and the west coast of North America to US southern Atlantic ports such as Miami, Port Everglades (Fort Lauderdale) and Palm Beach. Currently using the canal each year are 13,000+ vessels, each with a maximum capacity of 5,000 TEUs (approx. 5,000 containers per ship). Maximum capacity will increase to 13,000 TEUs with the expansion.
Florida Commerce Park is only 1.5 hours from Miami, under one hour from Fort Lauderdale and 30 minutes from Palm Beach—providing prime positioning for businesses involved in burgeoning trans Atlantic-Pacific trade through the canal.
About the Panama Canal
The Panama Canal spans 80 kilometers (50 miles) from the deep waters of the Pacific to the Atlantic side of the Isthmus of Panama. The canal, which takes 8-10 hours for ships to transit, serves more than 144 maritime routes connecting 160 countries and reaching some 1,700 ports worldwide. The $5.25 billion expansion creates a new lane of traffic through a new set of locks that will double the waterway’s capacity. For more information visit Panama Canal Authority.
Martin County has emerged as a place where businesses can grow locally — and have success on a global scale. In the heart of the county’s development is Florida Commerce Park, situated in a strong path of regional growth. The area boasts compelling demographics with a strong and diverse labor pool and high-quality lifestyle.
Current local industries in the area include aviation, agricultural processing, distribution, marine, and medical and energy-related businesses. There are close to 150,000 businesses within a 50-mile radius of Florida Commerce Park and a resident population of 1,783,081. Martin County also boasts higher-than-average education levels — and top-rated schools. Visit the Business Development Board of Martin County.
Download Site Selection Details
Martin County has emerged as a place where businesses can grow locally — and have success on a global scale. In the heart of the county’s development is Florida Commerce Park, situated in a strong path of regional growth. The area boasts compelling demographics with a strong and diverse labor pool and high-quality lifestyle.
Current local industries in the area include aviation, agricultural processing, distribution, marine and medical and energy-related businesses. There are close to 150,000 businesses within a 50-mile radius of Florida Commerce Park and a resident population of 1,783,081. Martin County also boasts higher-than-average education levels — and top-rated schools. Visit the Business Development Board of Martin County.
| 2013 Business Summary | 1 Mile | 3 Miles | 5 Miles | 50 Miles | 100 Miles |
|---|---|---|---|---|---|
| Total Business: | 165 | 222 | 232 | 146,194 | 658,727 |
| Total Employees: | 882 | 2,228 | 1,281 | 730,891 | 3,472,978 |
| Total Residential Population: | 4,939 | 6,904 | 7,612 | 1,783,081 | 8,046,886 |
| Total Households: | 1,291 | 1,830 | 2,013 | 660,172 | 2,915,325 |
| Business Type Summary | 5 Miles | 50 Miles | 100 Miles |
|---|---|---|---|
| Agriculture & Mining: | 27 | 5,425 | 17,889 |
| Construction: | 24 | 12,956 | 219,315 |
| Manufacturing: | 10 | 4,061 | 179,316 |
| Transportation: | 9 | 4,203 | 131,250 |
| Communication: | 2 | 1,052 | 36,664 |
| Utility: | 7 | 326 | 14,507 |
| Wholesale Trade: | 8 | 6,015 | 194,506 |
| Retail Trade: | 30 | 18,873 | 598,978 |
| Finance, Insurance, Real Estate: | 12 | 13,125 | 261,633 |
| Services: | 100 | 79,329 | 1,568,475 |
| Government: | 3 | 830 | 197,960 |
| Total: | 232 | 146,194 | 658,727 |
HUBZone, Energy & Other
Historically Underutilized Business Zones (HUBZone): The HUBZone program helps small businesses in urban and rural communities — such as the Indiantown area — gain preferential access to federal procurement opportunities. The program, under the auspices of the U.S. Small Business Administration, encourages economic development in HUBZones through the establishment of preferences. Criteria to qualify for the program include a small business having its principal office within a HUBZone, and at least 35% of its employees must reside in a HUBZone. Program benefits for HUBZone-certified companies include:
- Competitive and sole source contracting.
- 10% price evaluation preference in full and open contract competitions, as well as subcontracting opportunities.
Florida Power & Light Economic Development Rate Program: FPL offers an economic development rate for commercial and industrial businesses that provides significant savings above and beyond the company’s very competitive electric rates. Eligible business customers receive declining discounts on their standard base energy and demand charges over four years: with a 25% discount on Year 1, reducing by 5% each year thereafter for four years. Economic development rates are available to new or expanding customers that:
- Add at least 350 kilowatts of new load.
- Add 25 new jobs per 350 kilowatts of added load.
Qualified Target Industry Tax Refund (QTI): The Qualified Target Industry Tax Refund incentive is available for companies that create high-wage jobs in targeted high value-added industries. This incentive includes refunds on corporate income, sales, ad valorem, intangible personal property, insurance premium, and certain other taxes. Pre-approved applicants who create jobs in Florida receive tax refunds of $6,000 per new job in an Enterprise Zone. The local community where the company locates contributes 20 percent of the total tax refund. No more than 25 percent of the total refund approved may be taken in any single fiscal year. Maximum refund $5,000,000.
Martin County Job Creation Grant (MCJCG): MCJCG is similar to the Qualified Targeted Industry Tax Refund (QTI) program at the state level and, when applicable, will be the source of matching funds for QTI benefits. This grant rewards businesses for job creation and is paid out over 4 years according to the following tiers based on a percentage of average wage paid:
100% of average wage = $2,000/job | 115% of average wage = $3,000/job
150% of average wage = $4,000/job | 200% of average wage = $5,000/job
Florida Commerce Park: Offering the best value, a prime location and superior incentives.
View/Download our Florida Commerce Park Brochure (PDF)
