Coral Springs Economic Development Office 2017

ECONOMIC DEVELOPMENT OFFICE

B u s i ne s s is BR I GH T E R in

The Walk at University

WELCOME Royal Palm Boulevard Entryway

Business is brighter in Coral Springs! As an award-winning and lively suburban community, the City of Coral Springs is one of the five largest cities in Broward County that continues to build for the future and embrace diversity. Exciting plans are underway to reinvigorate Downtown Coral Springs with mixeduse developments along the major corridors. Commercial and residential opportunities for entrepreneurs, healthcare, professional, and technology industries continue to grow.

Successful employers like First Data, ABB Optical, Broward Health, BJ’s Warehouse, Coral Springs Auto Mall, and Dicks’ Sporting Goods have recognized the buying power of the city’s young and affluent population by choosing to call Coral Springs home. The Corporate Park of Coral Springs, which currently has 69.12 acres of undeveloped land, is conveniently located with direct access to major highways like Sawgrass Expressway and Florida Turnpike, and only a short drive from all major seaports

and airports. This Corporate Park is an ideal home for advanced manufacturing, corporate HQs, pharmaceutical, logistics, life sciences, distributions and emerging technologies.

Named as one of the top 100 places to live and start a family in the country because of its nationally recognized low-crime, safety rating, excellent schools and parks within two miles of every neighborhood, Coral Springs is a well-manicured community with “Everything Under the Sun”. Families come to stay and grow in Coral Springs, making it a recruiting haven for local employers. This master-planned city with a welleducated and stable workforce offers key advantages to help any company grow and prosper.

For more information, contact the Coral Springs Economic Development Office at (954) 346-6996

QUALITY OF LIFE

BETTER THAN EVER Coral Springs is the premier community in which to live, work and raise a family. The City of Coral Springs is well known as one of the most successfully planned suburban communities in the country. Incorporated in 1963, the diversity, character and quality of our community attributes include: schools; parks; economic development; and fiscal integrity.

FAMILY-FRIENDLY

HD - Public Art

Our quality of life defines the hometown feel of our community. We have one of the safest crime ratings in the state, grade A+ schools, and a dedication to arts and culture.

We capitalize on the strength in our diversity, and embrace all with our inclusive, welcoming nature. With some of the best facilities in the nation, we host many athletic tournaments year-round. Olympians train at our renowned Aquatic Complex, also home to national and international swimming and diving meets. The Tennis Center of Coral Springs features 12 Har-Tru courts and offers training programs for all ages. The Gymnasium keeps busy with gymnastics, cheerleading, netball and wrestling tournaments, and our 48 well-maintained parks support the community’s obsession with soccer, baseball and lacrosse. It’s clear to see we have a lot to cheer about.

Family Fun Day

50th Anniversary Block Party

Coral Springs Aquatic Complex

Union One - Public Art

INNOVATIVE GOVERNMENT

The City encourages and provides support through its Community Redevelopment Agency and Economic Development Office, including services for redevelopment, relocation, and expansion and retention of existing U18 Sports Medicine businesses. The City maintains high bond ratings such as Moody’s Aa1, Fitch AAA, S&P AAA, and local businesses rate the City’s overall image at 96%. Our community is a short drive from all major seaports, airports, and highways, and the gateway to Latin America.

The City is committed to ethical governance, adherence to its core values, transparency, innovation, collaboration, and exceeding customer expectations by delivering high-quality programs and services that meet the needs of an increasingly diverse community.

City Commission

ATTRACTIVE AESTHETICS The City takes proactive measures to preserve and enhance the community’s appearance and to maintain its vital infrastructure.

We lead by example in the stewardship and conservation of natural resources. As we keep up our community’s aesthetics, property values remain high.

5K Remembrance

ACTIVE & HEALTHY Our goal is to influence and support an environment that promotes active, healthy, and enriched lifestyles for residents of all ages within our City. By focusing on leisure, cultural, recreational, and sporting activities and festivals, we are able to infuse event dollars into the local economy.

Orchid Park

QUALITY OF LIFE

THRIVING BUSINESSES

DEMOGRAPHICS

Coral Springs is home to 126,264 (BEBR 2016) residents and has a diverse, relatively young population with one of the highest median incomes in Broward County.

FAST FACTS

INCOME

City Population (BEBR 2015) 126,264 Labor Force 71,426 Median Age 36.5 Average Household Size 3.5 Total Households 40,571 Family Households 78% Households with Children 40% Total Businesses 6,163 Unemployment Rate 3.8%

High incomes and short drive times throughout Coral Springs allow consumers to spend disposable income at a variety of retailers.

(lower than County & State)

RACE (ACS 2011-2015 5-Year Estimates) White, non Hispanic

2013 Population 2018 Projected Population Average Household Income Average Disposable Income

Radius 143,727 151,564 $83,800 $66,065

EDUCATION

&.#'-,+#*)'('&%$#"! 48%

Hispanic 25% &.#'-,+#*)'('&1.-0/ Black, non Hispanic

FROM DOWNTOWN: 3 mile

&.#'-,+#* 20%

&'-#+2 Asian 4% &4%"$3

Other 3%

Travel Time 240,021 253,627 $76,503 $60,936

10 min.

(population age 25 and over, ACS 2011-2015 5-year estimates)

Graduate or professional degree 11.0% Bachelor’s degree 24.5% Associate degree 10.9% Some college, no degree 23.2% High school graduate (or equivalent) 22.6% 9th to 12th grade (no diploma) 4.8% Less than 9th grade 2.9%

Downtown Coral Springs is located between two geographic areas which are in the 80th percentile for highest income and highest educational 10 min.

3 miles

attainment nationwide.

(Washington Post & ESRI Analysis/Retail Strategies Consultant & RMA Consultant 2014 findings)

High Society: Affluent, well-educated, married-couple homeowners

5 min.

Upscale Avenues: Prosperous, marriedcouple homeowners in different housing 1 mile 3 min.

Metropolis: City dwellers in older homes reflecting the diversity of urban culture Solo Acts: Urban young singles on the move Senior Styles: Senior lifestyles by income, age, and housing type Scholars and Patriots: College, military environments High Hopes: Young households striving for the “American Dream” Global Roots: Ethnic and culturally diverse families Family Portrait: Youth, family life, and children Traditional Living: Middle-aged, middle income – Middle America

DEMOGRAPHICS

5 miles

DOWNTOWN

DOWNTOWN PROJECTS The City of Coral Springs and the Coral Springs Community Redevelopment Agency (CRA) are creating a vibrant and sustainable downtown in which Coral Springs’ residents, businesses, and visitors can live, work, shop, and entertain. Some of the City’s most recent investments include rezoning the downtown to promote mixed-use developments and replacing water and sewer lines in the downtown core. In addition, recently completed ArtWalk and the new Municipal Compels projects will serve as a catalyst to downtown redevelopment.

Coral Springs Municipal Complex

• The new 74,000 sq. ft. Municipal Complex building with a 607-space public-parking garage, located in the heart of downtown, is expected to be completed in October 2017.

• Private developments such as Cornerstone Plaza featuring a bank and a restaurant and Village Green featuring a coffee shop and an urgent care, are great additions to Downtown.

Village Green

• Plans are underway to redevelop three City-owned sites located in the downtown core. This project will include a mixed-use development that creates a pedestrian-friendly environment with housing, retail, hospitality, entertainment, and creative office spaces.

• Healthcare facilities can be found only a couple miles away from downtown, including the$56 million expansion of Broward Health Coral Springs and the $55 million new construction of the Cleveland Clinic to be completed in 2018.

Bainbridge Coral Springs

• Three new residential developments are located within a walking distance: Bainbridge Coral Springs (250 units); The Reserve at Coral Springs (80 townhouses and 168 multi-family units); and Coral Lago (188 single-family homes).

• The University Place at City Center has gone through major renovations in 2015, and its business office and retail spaces (210,000 sq. ft) became home to four new eateries in Coral Springs.

DOWNTOWN ARTWALK Since its completion in September 2015, the ArtWalk has been widely utilized and enjoyed by residents and visitors. The ArtWalk provides the perfect downtown gathering space with 1,300 linear feet (LF) of hardscaping, 300 LF of seating wall, 6 art sculpture locations, 52 tent capacity, and beautiful landscaping. The ArtWalk is a great place to view public art and it also provides flexible spaces to support events. Some of our signature ArtWalk events include: Downtown in December (great event for families), Unplugged (evening event aimed at those 21+), Savor the Notes (jazz and brunch event that happens in conjunction with the Farmers’ Market).

Downtown in December

Unplugged

The ArtWalk provides a connection from the new Municipal Complex to the very vibrant commercial property two blocks south – “The Walk”, and it also ties into the recently completed Downtown Pathway. The new pathway provides pedestrian and bicycling connections from Downtown Coral Springs to Broward Health Coral Springs, the Center for the Arts, Mullins Park and various civic and cultural organizations.

Savor the Notes

RETAIL HIGHLIGHTS

OPPORTUNITIES ABOUND Potential retail storefronts are available along all the major corridors in Coral Springs.

The City is a haven for small businesses but also ideal for large national retailers looking to anchor or redevelop existing shopping areas.

DESIGN ROW 7355-7679 W. Sample Road • 90,552 SF

NORTHWEST CORAL SPRINGS AREA

sisyla• nClose A patoGnew residential developments Prime expressway access

GAP ANALYSIS Recent retail leakage reports indicate a need for $132 million in new retail to serve the expanding local population. The listed major store types include additional food, beverage and specialty stores.

173,634,74$ - tnaruatseR ecivreS lluF 2=3:BA@89:?(>;5=05/< Full Service(;Restaurant

$47,436,371

(8=DDB(>;E3DC1

$15,701,110

Building Materials/Garden

(8=DDB(32J9:2I($2>:>>/I($H302G2F

Sporting Goods

$20,823,997

Jewelry, Luggage, Leather Goods

$20,228,221

(658/?($80:65=D532L($8KDD< (8253D88266M($893:L(D9/M

Books, Periodicals, Music

$9,654,671

Auto Parts, Accessories (823D91(23/95;3/.

$9,316,030

Special Food Services

$6,283,363

Furniture Stores

$6,177,114

(82654321(=DD.(0:562C1

CORAL SQUARE MALL 9469 W Atlantic Blvd

This main thoroughfare features a busy, unique 8-block retail corridor that serves Coral Springs and affluent residents of nearby Parkland and Coconut Creek – among others.

Downtown Coral Springs ArtWalk

1

1 2

3

UNIVERSITY PLACE AT CITY CENTER 3111 N. University Drive • 203,000 SF 441,471 Trade Area Population

2

CORAL SQUARE MALL

THE WALK AT UNIVERSITY 2600 N. University Drive • 230,000 SF

3

ROYAL UNIVERSITY PLAZA 2556 N. University Drive • 98,000 SF

RETAIL HIGHLIGHTS

UNIVERSITY DRIVE

OUR DEVELOPMENTS

RECENT & UPCOMING DEVELOPMENTS 1000 Degrees Neopolitan Pizza 4Rivers Smokehouse Aldi Supermarket Arby’s Autozone Bainbridge Coral Springs BJ’s Wholesale Club BJ’s Restaurant & Brewhouse Blue Stream Bonefish Mac’s Sports Grille Broward Health Coral Springs The Brass Tap Bravo Supermarket Buca di Beppo Buffalo Wild Wings Chase Bank Chipotle Cleveland Clinic

Coral Lago Costco Cumberland Farms Dick’s Sporting Goods Dunkin Donuts Gyromania Hobby Lobby Hollister California Holy Cross Image Center I Heart Mac & Cheese Joe DiMaggio Children’s Hospital Johnny Mañanas Lady & The Mug Ladybird Academy Lucky’s Market Matress Giant Metro Diner Nick’s Pizzeria

Nothing Bundt Cakes Orchard Supply Hardware Outback Steakouse Panda Express Pei Wei Pieology Pollo Tropical Shoe Carnival Starbucks TD Bank The Reserve Total Wine & More Ulta Beauty VisionWorks Wawa

1

VACANT LAND Hoerbiger 38.41 AC

2

Capitol Supply 1.50 AC

3

Biggie Investments 400,000 SF

4

Decoral Properties 5.06 AC

5

Pam American Sites 6.22 AC

6

George Zima 2.2 AC

7

441/595 Inc. Trustee 5.40 AC

A

BUILDINGS FOR SALE/LEASE Exeter Sawgrass Land LLC 38,000-215,000 SF

B

Sawgrass Centre 5,100 SF

C

Mardale Specialists 5,000 SF

D

Solutionex 18,261 SF

E

Frameless Shower Door 9,915 SF

F

3500 Buildings Commercial Condo 80,750 SF

G

Sawgrass Place North & South 7.03 AC & 3.9 AC

H

VLO Investments 34,596 SF

I

D&M Warehouse 43,398 SF

J

Frankel Properties 23,798 SF

K

35th Street Condo Association 15,000 SF

L

Flora Fine Foods 31,824 SF

IC

CITY

PARTNERS CONDO

KHOSROVANI

GU

MC NAMARA

1800 0171

WILES RD. CENTER

CORAL SPRINGS CORPORATE CENTER

BONADIO

IC

NORDIS DIRECT

AIRCRAFT TECHNICAL SUPPORT

A

PERFORANCE+/ PRO-BOWL/ BUB LLC

FPL

SANTO EXPEDITO REAL ESTATE INC.

B

CMD GROUP

WILES RD. CENTER

ABB POWER

ARRIVA MEDICAL

GARNETT

SAWGRASS CENTER

SAWGRASS COMMONS

HOERBIGER

J.S. PALUCH

EXETER SAWGRASS LAND LLC

1

SENTECH MEDICAL

IRD

U GREEN THUMB

SEIBOLD COMPANY

PUBLIC SAFETY TRAINING & TECH CENTER A

IRD

2

STEVE LAPAWSKY

C

1813 0040

D SOLUTIONEX

CITY WESTSIDE

COMPLEX CF-G

SPEED SOURCE, INC.

MARDALE SPECIALITIES

HISTORY & HERALDY USA

SU

BAP

MDR MARDEN FABRICATORS BURRCO

BLUE WATER

CITY

G

H

SAWGRASS PLACE NORTH

INTL MISSION

FIRST DATA CORP.

FIRST DATA CORP.

UNIPOWER/ WORLD TRADE

KB ELECTRONIC

CS TECHNICAL

BIGGIE INVESTMENTS

HORIZON CENTER

HORIZON CENTER

TMT PROPERTY

MILLENIUM CORP. CENTER

BAKER HILL

IRD

6

CS COMMERCIAL

BETACOM INCORP RYAUS/ EXCLUSIVE SPORTS

BOCA PHARMACAL

7

ORBE

4 DECORAL PROPERTIES LLC 1801 0010

3

IRD

HILIINE

RAYMAR

SAWGRASS ONE BB & GG

TITLECO II

F ARROW COMM.

B&J

SAWGRASS PLACE

ENTERPRISES

I D&M WAREHOUSE

STATION No. 71 CAGLE 1805 0010 FIRE STATION BYR

TRANS ABC ROOFING AMERICAN MUSCLE

HEAVY IRON

VLO INVEST.

1802 0010

GIACOBA

MOODY

E

IT HOLDING

JVAD MGMT. INC.

BOAZ

BARNEYS JDJ HOLDINGS PUMP

SCIENCE CARE

G

3 GUY AIR AROUND CLOCK

1805 0050

KB SOUTH

ABB OPTICAL

JELD-WEN

FIRST DATA CORP.

EXTRA SPACE

AFTC

J MICKA CORP.

GEORGE ZIMA

WEROCK LLC

ADVANCED CABLE

ALPHA BUSINESS CENTER

C.S. BUSINESS WAREHOUSE

C.S. MINI STORAGE

DENCOR

FRANKEL PROPERTIES

INDUSTRIAL SHADEPORTS

TROUT WAREHOUSE CS APPLIANCE

K

1802 0070

441/595 INC. TRUSTEE

1802 0080

SAMAHAB LLC

SELF STORAGE

PAN AMERICAN SITES

5

1802 0130

PUBLIC SELF STORAGE

FLORA FINE FOODS

L

CORAL VUTEC PROPERTIES

CORPORATE PARK

The Corporate Park of Coral Springs currently has 69.12 acres of undeveloped land. This 442-acre Corporate Park is conveniently located with direct access to major highways like the Sawgrass Expressway, Florida Turnpike, I-95, and only a short drive from all major seaports and airports.

The Park is ideal for advanced manufacturing, corporate HQs, life sciences, pharmaceuticals, logistics, life sciences, and emerging technologies.

US GOVT.

PEDRO BETHRAN ROJAS INC.

MORE OPTIONS

BOCA RATON

COCONUT CREEK

CORAL SPRINGS MAP

PARKLAND

MARGATE Legend Low Residential Moderate

LAND USE & Legend ZONING

Medium High Residential Commercial Industrial Employment Center

Low Residential

Recreation and Open Space

Moderate

Community Facilities

Medium High Residential Commercial

Water Roadways

Industrial Employment Center Recreation and Open Space Community Facilities Water Roadways

SUNRISE

TAMARAC

One Charter Place

CORALSPRINGSEDO.COM Economic Development Office • 954-346-6996 Community Redevelopment Agency • 954-344-1121 9500 West Sample Road • Coral Springs, Florida CoralSpringsEdo

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