Florida Ten: the Business Opportunity 2 South Florida International Logistics Center 1.8 th largest economy in the western hemisphere and 20 th in the.

Florida Ten: the Business Opportunity

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South Florida International Logistics Center

1. 8th largest economy in the western hemisphere and 20th in the world

2. Annual economic output of three-quarters of a trillion dollars3. 4th in the US for: Population (third), Gross Domestic Product, # of

Business Establishments, Labor Force4. 40% of all US exports to Latin America pass through Florida5. 5th largest producer of exported goods in the US6. Leads the US in farm income7. Number one travel destination in the world8. $57 billion tourism impact on Florida’s economy9. 14 international airports10.14 deep water seaports

South Florida International Logistics Center Florida : Location, Location, Location

“One Billion People (consumers) within the logistics reach of Florida by 2035”

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Florida Regional Populations

Service Area

2010 Medium Population



North 4,217,500 4,847,800 5,483,200

Central 6,735,500 7,782,400 8,846,000

South 7,682,500 8,523,200 9,367,500

Source: Florida Statistical Abstract 2008- Forty Second Edition by the Bureau of Economic and Business Research (BEBR)-Low, Medium, and High

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The REASONS to LOCATE at an integrated logisitics campus of the Americas:

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1. The Market Opportunity

2. Distribution Center Strategy (Savings)

3. Drayage Cost/Service Advantage

4. Excellent Rail Service

5. Opportunity to Capture Additional Freight Flows by Aggregation Efficiencies

6. Plentiful and Affordable Land

1. The Market Opportunity

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• Southern Florida (defined as area SOUTH of a line drawn from Sarasota on the Gulf Coast east to Fort Pierce on the Atlantic Coast) – consumer market size includes both permanent residents and seasonal (tourist influx) and anticipated growth.

• Latin America – emerging and fast-growing middle class markets, increased buying power and demand for U.S. consumer products (Brazil, Chile, Argentina) – potential markets if the politics change (Cuba, Columbia, and Venezuela)

• Asia – widening of Panama canal in 2014 and Port of Miami 50’ depth will open FL to large Asian container ships – opportunity to play a role in the import, export and distribution of containers and commodities that historically have been predominantly a west coast port play.

2. Distribution Center Strategy (Savings)

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• Can capture consumer markets in southern Florida, Latin America, and Asia from one location and one combined facility. One instead of three.

• Consolidation of supply chain resources (mixing centers, warehouses, manufacturing, refrigeration facilities, fumigation facilities, cross docks, trans-load facilities, customs, and associated costs)

• Targeted and “right fit” companies and product types

• Lowering the total cost of freight for shippers to and from FL

3. Drayage Cost/Service Advantage

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• Multi-modal and multiple service provider options = more competitive shipping rates

• Ability to reach 3 seaports (Miami, Everglades, Palm Beach) within 2 hr dray

• Access to Miami Int’l Airport, one of the largest cargo airports in the U.S. and, at 74% market share, the main gateway for airborne perishable imports into the United States

• Lower distance and cost to access large populations will provide ability to negotiate lower long-haul inbound truck rates

• Flexibility and time to market advantage

4. Excellent Rail Service

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• Two Class One railroads o CSX - service down the middle of the stateo FEC from Atlanta and Jacksonville

• Excellent Short Line operator South Central Florida Express connecting both CSX and FEC

5. Opportunity to Capture Additional Freight Flows by Aggregation Efficiencies

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• Ship to ports from the SFILC (export ships) • Return imported (full) containers to SFILC from

the ports for value-added services, aggregation with other products/containers and transport to final destination

6. Plentiful and Affordable Land

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• 4000 - 8000 acres available for the SFILC supply chain logistic facilities

• Plenty of area to stage, sort and store product, equipment or bulk product

• Ability to cluster warehousing, distribution, manufacturing and transportation facilities in one location

• Empty container storage and handling (arbitrage and/or broker)

• Away from congestion of coastal areas and high cost land

• Additional plentiful and affordable land within 45 minutes of the SFILC in Glades, Hendry, Okeechobee, western Palm Beach, northern Collier, and eastern Lee counties.

Plentiful and Affordable Land is the platform to provide a business solution to an old Florida problem the “filling of the empties”

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The Key Benefits

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1. Lowering the distribution cost of goods (import and export)

2. Increase advanced manufacturing within Florida (export)

3. Job creation for Florida and the region

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South Florida International Logistics CenterJob Creation and Economic Impact

The SFILC will have a significant positive impact on the state, regional and local economies over the long-term, as summarized in the tables below…

Low Scenario 2030Total Jobs (Direct, Induced, Indirect) 23,858Total Income (Direct, Induced, Indirect) $ 1,333,628,000

Business Revenue $ 866,301,000

Total Taxes (state and local) $ 122,694,000

Medium Scenario (most likely) 2030Total Jobs (Direct, Induced, Indirect) 64,983Total Income (Direct, Induced, Indirect) $ 3,632,489,000

Business Revenue $ 2,359,601,000


High Scenario 2030Total Jobs (Direct, Induced, Indirect) 99,556Total Income (Direct, Induced, Indirect) $ 5,565,089,000

Business Revenue $ 3,614,984,000


Direct – Construction, trucking, maintenance, warehouse, dispatch, management, parts, rail, heavy equipment operators & security

Indirect – Business opportunities to support shippers, distributors, freight forwarders, manufacturers, restaurants, fueling, retail & vocational training.

Numerous entry level and family wage, full time, year round jobs. Transportation jobs = higher wage jobs.

The Opportunity

The South Florida International Logistics Center will be:

an integrated logistics campus of the Americas, centrally located within the southern half of Florida, with the ability to provide supply chain infrastructure, that will enable the transformation of Florida into a

global hub for advanced manufacturing and distribution.

“New and diverse businesses creating jobs and a sustainable economy.”

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South Florida International Logistics Center Potential Southern Florida Major Logistics Transportation Network

(2 Major Rail Roads, 2 ILCs, 6 Sea & 4 International Airports, 1 of 5 Federally designated relievers for int’l airports

3 Interstate Highways, The Turnpike & 8 US Highways)

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Location, Location, LocationEfficient mobility is a competitive advantage in the Global arena, where value is created by the aggregation of products and the timely and cost-effective movement of goods to market. Florida is ideally located in the center, a hub and a Gateway to the Americas into and out of the United States.

A Plan for the Future(Long Term Capitol Seeks, Predictability From a Long Term Plan and Unified

Commitment)

A comprehensive supply chain infrastructure master plan for domestic and international freight, will position Florida as an economic powerhouse.

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South Florida International Logistics CenterContact : Mark Morton (239) 434-8911 [email protected]

Florida Ten: the Business Opportunity 2 South Florida International Logistics Center 1.8 th largest economy in the western hemisphere and 20 th in the.

Documents

logistics reach of florida

area south

high slide

fec slide

fl slide

old florida problem

florida statistical

affordable land slide