Volume III | April - May- June, 2018
3rd Quarter Newsletter
April, May, June 2018
Great partners make a great City!

We partnered with Privaira, Signature Flight Support and Atlantic Aviation to help spread the good Boca word on a national and international basis. The Office of Economic Development publication will now be available on all Privaira flights and in the lobby of Signature and Atlantic. These partnerships allow us the opportunity to capture the national and international traveler.

Thank You To Our Corporate Community
We said "thank you" to the corporate community with a gathering at the Mizner Park Amphitheater for the first concert in the
Summer in the City Concert Series.
The Office was happy to provide a little summer fun for our guests.
After the rain subsided it was a beautiful night to listen to The Long Run - an Eagles tribute band.
Boca Raton named one of
"2018 Best Small Cities to Start a Business"

  Wallethub.com ranked 1,261 cities on 18 metric points measuring business environment, access to resources and business costs and named Boca 28th in the Best Small Cities to Start a Business. They affirmed that “a City with a smaller population can offer a greater chance of success - some benefits included lower overhead costs and stronger relationships with customers."
"Your Success Is Our Success" Tour
The Office of Economic Development launched a new initiative to celebrate our valued corporate partners. Our “Success Tour” was held in April and was attended by our elected officials. An appreciation award was presented to the CFO of a local corporation headquartered in Boca Raton.
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GardaWorld is the largest privately owned security services company. They are North America’s fastest-growing currency processor, and a worldwide leader in global security services.


Elected Officials presented the Office's plaque of appreciation to GardaWorld Chief Financial Officer Mark Brockelman.
Presentation at
South Florida Office Brokers Luncheon
Lobby of the recently renovated
Palmetto Plaza building located at
1499 W. Palmetto Park Road.
Elected officials with SFOBA representatives.
The Office of Economic Development
Business of Sports Luncheon 
The Office of Economic Development partnered with FAU MBA in Sport Management and FAU Athletics to present the "Business of Sports Luncheon." The luncheon featured an expert panel consisting of FAU Head Football Coach Lane Kiffin, Former General Partner of the Florida Panthers Hockey Franchise Cliff Viner, Director of the Palm Beach County Sports Commission George Linley and Director of the FAU MBA in Sport Management Program Dr. Jim Riordan.

During this event Coach Lane Kiffin was presented a "Key to the City" in honor of being named the 42nd Annual Palm Beach County Sports Commission Coach of the Year.

Take a moment to watch the video of our event...
L to R:  Jessica Del Vecchio, Economic Development Manager, Coach Lane Kiffin,
Council Member Andrea Levine O'Rourke, Council Member Monica Mayotte, Mayor Scott Singer, FAU President Dr. John Kelly
Luncheon attendees were treated to a great panel discussion on the business of sports in Boca Raton.
Moderator Doug Mosley along with panel participants.
Economic Development
Strategic Marketing Campaign
& Community Outreach
Our "Good. Better. Boca." campaign is in full swing.

  • We partnered with FAU to provide materials for 250 professors who traveled to our City this summer.

  • Our Economic Development advertisement will run in the Boca Resort magazine, Mizner's Dream. This publication is placed in every room and will reach travelers who visit nationally and internationally, for business and pleasure.

  • Met with 18 New York based site consultants in April. These consultants work with companies looking to relocate in the U.S.

  • The Office, in partnership with Downtown Boca will place an advertisement in the Palm Beach Relocation Guide.
Good Morning Boca Raton!
The Office of Economic Development sat down with Bill Donnell, CEO of NCCI to discuss why Boca's home to their corporate headquarters. With 800 employees, occupying 300,000 sq. ft. of space - we loved hearing all the reasons they call Boca home. Take a look at our "Behind the Scenes" video on our social media platforms and our newly launched YouTube account. 


Stay tuned for the final video coming soon!
Multi Image Group set the stage for The Office's first formal CEO discussion.
Bill Donnell, CEO of NCCI and Economic Development Manager Jessica Del Vecchio
Boca Named #6 Among Best Cities
in Florida for Jobs
Wallethub.com ranked 135 cities using 16 metrics measuring two key factors; the "local job market" and the "socioeconomic environment" and Boca Raton ranked 6th. They asserted that Florida's economy is "expected to reach $1 trillion in 2018" and the unemployment rate is expected to be "below the national average."
Palmetto Place rendering after renovations
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Hair Club for Men is moving their corporate headquarters.
The will be bringing their 120 employees to the Palmetto Place building, located at Palmetto Park Road and I95, November 2018.

$11.5 Million Boca Waterfront Mansion
Finalist in HGTV's Ultimate House Hunt
In economic development we work primarily with the corporate community- but when we were invited to tour one of the finalist mansions in HGTV's "Ultimate House Hunt" we jumped at the chance.
Boca Business Briefs...
  • The Boca Raton Innovation Campus sold to Crocker Partners and Rialto Capital Management for $179 million.

  • 900 Broken Sound Parkway sold for $24 million. The 116,000 square foot building last sold in 2015 for $20 million.

  • Allure Boca, 282 unit apartment community with 10,500 sq. ft. retail space, on 14 acres within the Park at Broken Sound sold for $92 million.

  • 171,489 sq. ft., 10 acre campus-like building, which is home to ADT sold for $42 million.

  • Boca based Washé raised $3.5 million in seed funding. Washé is a mobile app that connects users to professional mobile car washers for on demand services at any location.

  • The 50,761 sq. ft. office building, which sits on 5 acres at 1750 Clint Moore Road sold for $13 million.

  • Fusion Academy is a new tenant of the Boca Raton Innovation Campus.

  • TherapeuticsMD, which trades on the NASDAQ, recently raised $70 million through an equity offering and the FDA approved newly developed drug.

  • The Research Park at FAU reported a 2017 regional economic impact of $535 million.

  • Office Depot rang the closing bell at the NASDAQ on May 15, 2018.


Be sure to check out the Boca Raton Newspaper each month.
The Office of Economic Development shares what's going on in Boca's corporate community .
Grand Opening & Ribbon Cutting
US Customs Facility at the Boca Raton Airport
L to R:  Deputy Mayor Jeremy Rodgers, Council Member Monica Mayotte, Mayor Scott Singer, Council Member Andrea Levine O'Rourke
Boca Raton Airport
Executive Director Clara Bennett
Economic Development Social Media
If you would like to see what we've been up to you can find us on the following social media platforms:
Facebook:  We have over 35,200 followers! Have corporate news to share - contact us via Facebook Messenger.

Twitter:  For the latest news on Boca's Corporate Community, follow us on Twitter @BocaDev.

Instagram:  We launched our Instagram account last quarter and are well on our way. Have you seen our "Behind the Scenes" video - it has over 1,700 views and our HGTV Ultimate House Hunt feature is our most liked post so far! Follow along.

YouTube:   We launched our YouTube account last month and already have over 17,000views. Are you a subscriber? Click below to take a look.
Have corporate news to share?
We'd love to hear it...
Office of Economic Development | City of Boca Raton | 561-393-7761 
201 W. Palmetto Park Road, Boca Raton, FL 33432