Thursday, November 13, 2014

Delray Beach Economy At A Glance

By Jony Mozen


Few people consider the south of Florida as anything more than a perfect vacation area or somewhere to retire that is far away from the harsh conditions further north or west. Most cities in this part of the state have their fair share of retirees and vacationers but it is the people who live and work in them that are the heart beat any community. A look at the Delray Beach economy serves as a point in fact to this end.

In this community it has been shown that a household with two working adults has the capacity to earn well over sixty thousand dollars a year and there is plenty of full time work available for those who want to work. Unemployment levels are beneath the national and state averages according to the most recent census and there is a projected growth pattern of nearly forty percent in the next five years.

There is a long term plan for renovation in place for this city. In part of this effort the down town area is being treated to special attention using what they call the master plan. This plan is being led by the city commission and the community redevelopment group. These two organizations have focused all of their energy on the Urban core of this city. This has encouraged vigorous growth in both the public and private sectors. This growth activity has caused a surge in business and employment opportunities for the citizens.

the city leaders have pushed millions of dollars into this area in an effort to produce controlled growth and redevelopment. This slow progress has the effect of continual growth for the economy of this town. With this growth comes new jobs and opportunities for new businesses to thrive.

In this town the largest place of employment is the medical center. They employ nearly fifteen hundred people in various positions. The other large companies have positions for three to five hundred people each and most could be classified as service oriented or sales positions. Target and Marriott's are two larger employers in the city.

Smaller employers include restaurants, eateries and retail shops with less than fifteen employees each. Most of these are located in the downtown area and many have started business in the past three to five years. The length of Atlantic Street has become a hub of activity for new business and customers.

On the ocean side of the city are found multiple hotels that cater to vacationers on a full time basis. Many people find all of the adventure the ocean has to offer along the four mile stretch of sand and sea that borders the eastern shoreline. They find sailing and swimming activities that make this location worth many return trips. They are also able to visit the wild life refuge and the Everglades from the beaches here.

There are approximately sixty thousand permanent resident in this city and although it is still rather small it has a plan for growth and prosperity that has already shown itself to be successful. The business areas have grown and the recreational boundaries have expanded to the outskirts of adjoining communities. Those who are looking for a fresh start may want to consider this as their new home.




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