The Perfect City to Locate Your Business

The City of Coral Gables, one of the first planned communities in Florida, is known for its extraordinary history which incorporates both the “City Beautiful” and “Garden City” concepts. These concepts which combine urban planning, architectural design and green belts are reflected throughout the city in the lush green avenues, civic landmarks and Mediterranean Revival architecture.

Today, in addition to boasting a business-friendly environment, Coral Gables is a sustainable and resilient city with a diverse population of more than 50,000 residents. The growing business community includes multinational corporations, local businesses and a strong professional services sector. Due to the city’s strong financial position, highly skilled workforce, per capita income and central location, Go.Verizon.com recently ranked Coral Gables as one of the top small cities in the country to start a small business.

Located within easy access to Miami International Airport and PortMiami, two of the largest passenger and cargo hubs in the nation, the city is also just minutes away from Miami’s Central Business District. Coral Gables has an integrated multimodal transportation system that includes Freebee, a no-charge ride-hailing service in the central business district, and trolley service that connects to Metrorail, the region’s rapid transit system. The city is an ideal place for corporate officers and employees to live, play and work, offering myriad options to entertain clients – including world-class restaurants, first class hotels, rich cultural offerings and a broad range of retail establishments. And, it is well on its way to fulfilling its promise of having a public park within a 10-minute walking distance from any location in the city.

Coral Gables is one of South Florida’s premium office markets with some 11 million squarefeet of prime office space. Over the next several years, the city will add 400,000+ square-feet of new office space. More than 120 multinational companies (and more than 20 consulates and foreign government offices) call the city home. These businesses generate thousands of jobs as well as economic opportunities for the entire region.

In 2020, the city was one of only three in Florida with a “AAA” bond rating by Fitch Ratings, Standard and Poor’s, and Moody’s. Its strong financial position means it continues to provide residents and businesses with top-of-the-line services and amenities, while continuing to invest in its infrastructure. This is one many reasons why it is safe to invest and do business in the Coral Gables.

If you are interested in establishing a business in South Florida’s premier business destination, please contact the Economic Development Department at 305-460-5310 for additional information. We look forward to hearing from you.

Sincerely,

Julian Perez Director Economic Development Department City of Coral Gables