Studies and Reports 2022
Treasure Coast Housing Market by Hunter Housing Economics
September 16, 2022
Housing economist Brad Hunter of Hunter Housing Economics presented updated his findings on the Treasure Coast Housing Market for the Treasure Coast Builders Association on September 2022.
2022 EDC Mid-Year Report
July 1, 2022
After many years of investment, planning, and hard work, the efforts of the EDC and our partners to bring quality jobs to St. Lucie County and diversify the local economy have borne tremendous fruit. A recent study indicated that EDC projects announced over the previous five years will result in more than 10,000 jobs and $1.8+ billion in economic gain. Continuing the trend, during the first half of this year the EDC has worked on 11 new projects representing a capital investment of $201.4 million, 2.8 million square feet of space and 1,709 projected jobs. Our 2022 Mid-Year Report details these projects and many other EDC activities and initiatives.
Hunter Housing Economics Presentation 6-7-22
June 7, 2022
Brad Hunter is a housing market economist with 37 years' experience analyzing builder projects, master-planned communities, rental developments, and mixed-use projects nationwide. His June 7 presentation to EDC investors offers an analysis of St. Lucie County housing permits, inventories, local trends and more.
Summary of Employment, Demographics, and Commuting Patterns for St. Lucie County
June 1, 2022
A labor shed analysis is defined as where workers work and where workers live relative to a user-defined selection area. This analysis helps to determine where a labor market draws its commuting workers. Labor shed studies can draw comparisons between various geographies including state, Congressional District, Metropolitan Statistical Area (MSA), county, Workforce Investment Area (WIA), Zip Code, and Census tract. By indicating how many of the selection area workers work outside the area, labor sheds can help identify potential pools of workers who would be available for work in the user-defined area.
Labor shed studies provide economic developers and existing or prospective employers a tool to understand the local labor market and make informed expansion and site selection decisions. In addition, labor shed studies can help indicate potential impacts from environmental, social, or economic incidents.
EDC’s 2021 Annual Report
January 11, 2022
2021 has truly been the EDC’s finest year to date – a year like no other in the organization’s history. Just some of the extraordinary advances for economic development in St. Lucie County this past year included the groundbreakings for Legacy Park at Tradition, the Amazon fulfillment center at Midway Business Park, SL Industrial Partners’ Interstate Crossroads Business Center, Maverick Boat Group’s Phase 2 expansion, and Accel International. We also had the opening of the $44 million FedEx Ground facility, the erection of the world’s largest boat lift by Derecktor Ft. Pierce, the retrofit of Indian River Packers facility for Contender Boats, along with multiple significant project announcements.