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In the South Miami-Dade |
Economic Development Strategy |
2020 it was acknowledged that |
agriculture is a traditional |
industry for South MiamiDade County and that it |
remained important to |
maintain the present levels of |
employment. |
The EDA funded strategy also identified significant agriculture assets, |
including Atlantic Sapphire Salmon Farm, Brooks Tropicals, LLC., |
Costa Farms, R.F. Orchids, Gulf Stream Tomato Packers, Dade County |
Farm Bureau, and UF Tropical Research and Education Center. |
Four targeted strategies for maintaining and growing the agriculture |
industry were listed, as follows: |
• Advocate for additional housing for graduate students working |
the UF Tropical Research and Education Center. Research |
performed by graduate students allows new crops to be placed |
in the hands of farmers more quickly. |
• Help the farm community strengthen the supply chain to |
produce new products resulting from new agricultural crops, |
i.e., the production of vanilla by supporting the development of |
plants and packing houses. |
• Work with the farm bureau to expand knowledge of innovation |
efforts in agriculture through transfer of knowledge from other |
areas of the United States and world. |
• Encourage changes to rules which will allow the continued |
evolution of farms to provide the facilities to support |
agritourism in the region. |
74 | Page |
Commercial Fisheries |
– The Florida Keys |
Home to the Florida Keys National Marine Sanctuary, commercial |
fishing is one of the key export industries in Monroe County/Florida |
Keys. Commercial fishing panels have been monitored since 1998 for |
catch, spatial distribution of catch, and financial performance. The |
socioeconomic impacts of marine zoning, including the impacts of |
Sanctuary Preservation Areas (SPAs) and Ecological Reserves (ERs), |
which are no |
-take areas are a primary focus of monitoring.83 |
According to data from the Florida Fish and Wildlife Conservation |
Commission, Monroe County has harvested 4,543,452 pounds of |
seafood with an estimated value of $27,125,752; approximately 15% of |
total pounds of Florida seafood and 21% of the statewide estimated |
value from January 2022 |
– August 2022. This compares to 436,045 |
pounds of seafood from Miami |
-Dade with an estimated value of |
$1,657,162, and 189,663 pounds of seafood from Broward County with |
an estimated value of $1,081,654.84 |
Recreational Fishing |
The National Oceanic and Atmospheric Administration provides a |
2021 Economic Analysis of Recreational Fishing on Florida’s Reefs85 as of |
2021. Trip based expenditures on reef |
-related recreational fishing in |
Southeast Florida support approximately 3,787 jobs and generate |
economic output of $384 million. The economic impacts of reef |
-related |
recreational fishing were highest for Monroe County, with $173 million |
generated in output and 1,677 jobs supported, followed by Palm Beach |
($80 million output, 803 jobs). Broward ($44 million output, 442 jobs), |
and Miami Dade ($44 million output, 440 jobs) were nearly identical, |
and Martin had the lowest impacts ($28 million output, 286 jobs). |
75 | Page |
Aviation, Aerospace, & Defense |
The aerospace industry focuses on the designing and constructing of |
aircrafts, rockets, and missiles as well as devices or vehicles operated |
in outer space, whereas the aviation industry focuses on the practice of |
flying aircraft. Given that aerospace focuses on the designing and |
construction of aircraft there can be significant interplay between these |
two industries. The aviation industry also plays an important role in |
the hospitality and tourism cluster. |
The Fort Lauderdale-Hollywood Airport and the Miami International |
Airport are the largest airports serving the Miami Metropolitan Area. |
Both airports welcome millions of international visitors per year. MIA |
alone receives 70% of all international passengers in Florida and is |
America’s third-busiest airport for international passengers. The |
airport offers more flights to Latin America and the Caribbean than any |
other U.S. airport. In 2019, MIA had nearly 46 million passengers and |
was the top U.S. airport for international freight. |
It is projected that by 2040, MIA will serve 77 million travelers and |
more than 4 million tons of freight. To accommodate the airport’s |
continued anticipated growth, the Miami-Dade County Commission |
adopted a new capital improvement program at MIA that will fund up |
to $5 billion in airport-wide modernization projects. It is anticipated |
that the slate of projects over the course of the next 15 years.86 |
Additionally, the Miami area has three smaller general aviation and |
executive airports. MIA and the county’s general aviation airport’s |
annual economic impact is $31.9 billion, contributing 275,708 jobs |
directly and indirectly to the local economy.87 Fort LauderdaleHollywood International Airport (FLL) is the fastest growing large hub |
airport in the United States for domestic travel. There are five airports |
in Broward County including four general aviation airports in addition |
to Fort Lauderdale-Hollywood International Airport. There are two |
international airports in Monroe County located in the cities of |
Marathon and Key West. |
Sintavia LLC, Hollywood, Florida |
Leading the Way in Aviation, Aerospace, & Defense Innovation |
Sintavia, LLC, a designer and additive manufacturer (AM) of advanced |
propulsion and thermodynamic systems for the Aerospace, Defense, & Space |
industry, announced in May 2022 that it had been chosen to represent the AM |
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