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cultural arts environment to CEOs considering business expansion and |
headquarter relocation to South Florida. |
Source: https://www.browardcenter.org/about |
84 | Page |
Global Logistics |
Port Everglades and PortMiami are some of the busiest ports in the |
country. In fact, Port Miami was recently ranked the 10th busiest port |
in the U.S.103 Port Everglades sees similar volumes of cargo as |
PortMiami, with even slightly higher volumes of Twenty-foot |
Equivalent Units (TEU) in 2016, 2017 and 2018. In 2019, Port |
Everglades was named the 12th busiest port in the country.104 |
Both ports are able to accommodate large ships with deep water berths |
and offer a nexus of intermodal options once containers arrive by ship. |
PortMiami and Port Everglades are able to reach 70% of the U.S. |
population within 4 days via the Florida East Coast on dock intermodal |
rail.105 Port Everglades in Broward County serves 100% of the |
petroleum product needs of Miami-Dade, Broward, Palm Beach, and |
Martin counties with a distribution area that incorporates eight |
additional counties.106 |
Miami International Airport (MIA) and Fort Lauderdale-Hollywood |
International Airport (FLL) are major assets for the global logistics |
industry. MIA sees millions of tons of cargo pass through its grounds |
annually. While FLL sees significantly less air cargo than MIA, FLL has |
seen sizeable growth with a 19.5% increase in the volume of air freight |
from 2020 to 2021. MIA also saw tremendous growth from 2020 to 2021 |
with an approximately 18% increase. |
With major facilities to support logistics, Port Everglades and FLL |
Airport located in Broward County and Port Miami and MIA Airport |
located in Miami-Dade County, the jobs associated with logistics are |
dominant in these counties. There are few jobs related to logistics in |
Monroe County. Many of the jobs within the global logistics industry |
pay well with average annual wages of more than $45,000. |
Warehousing and storage jobs have seen tremendous growth with an |
increase of 9.8% in Broward County and nearly new 2,000 jobs and an |
increase of 37.8% in Miami-Dade County and nearly 11,000 new jobs in |
the region. There is a significant difference in the average annual ages |
recorded between the two counties. |
With major facilities to support logistics, Port Everglades and FLL |
Airport located in Broward County and Port Miami and MIA Airport |
located in Miami-Dade County, the jobs associated with logistics are |
dominant in these counties. There are few jobs related to logistics in |
Monroe County. Many of the jobs within the global logistics industry |
pay well with average annual wages of more than $45,000. |
Warehousing and storage jobs have seen tremendous growth with an |
increase of 9.8% in Broward County and nearly new 2,000 jobs and an |
increase of 37.8% in Miami-Dade County and nearly 11,000 new jobs in |
this area. Total cargo volume at Port Everglades was 24.3 million tons |
and 11.1 million tons at the Port of Miami in 2021. |
Courtesy of Port Everglades |
85 | Page |
86 | Page |
Life Sciences & Healthcare |
Life Sciences |
The life sciences industry includes organizations that perform research, |
development and manufacturing of pharmaceuticals, biotechnologybased food and medicines, medical devices, biomedical technologies, |
nutraceuticals, cosmeceuticals, food processing as well as other |
products that improve health. South Florida is home to approximately |
1,500 bioscience businesses and institutions that generate over $4 |
billion in sales, employing nearly 13,000 life sciences workers in South |
Florida.107 The region possesses five universities that offer life science |
master’s degrees and four universities that offer life science doctorates. |
Sciences South Florida is a collaborative of the region’s academic |
institutions, research parks and economic development organizations |
with the goal of both public and private investment opportunities. |
Additionally, the collaborative aids with the sharing of specialized |
equipment and provides a forum for guiding biotech workforce |
development. The region also benefits from membership in BioFlorida, |
the voice of Florida’s life sciences industry as well as the Florida |
Institute for the Commercialization of Public Research, which |
cultivates technology transfer at Florida’s public universities. |
The region possesses several other biotech incubators, including the |
Center for Collaborative Research at Nova Southeastern University at |
Davie which features wet and dry laboratory space as well as access to |
specialized core facilities related to genomics, flow cytometry, cell |
therapy and imaging. Converge Miami, a partnership between |
Wexford Science and Technology and the University of Miami offers |
an urban research campus with lab space, office and coworking space |
in the heart of the Miami Health District. The facilities are important |
infrastructure for supporting the growth and development of life |
science-based companies. |
The Life Sciences industry has seen both high rates of growth as well |
as areas of job loss. The loss of 1,091 jobs in electromedical and |
electrotherapeutic apparatus manufacturing in Miami-Dade County is |
significant. However, many other areas of manufacturing have seen |
sizeable increases. There has been a nearly 72% increase in in-vitro |
diagnostic substance manufacturing in Broward County as well as a |
nearly 30% increase in the jobs pertaining to R&D in Nanotechnology |
in Miami-Dade County. |
Courtesy of Life Sciences South Florida |
87 | Page |
Manufacturing jobs within the life sciences represent advanced |
manufacturing employment opportunities requiring highly |
specialized skills and higher rates of pay than traditional |
manufacturing. |
Healthcare |
Broward County's healthcare industry cluster is comprised of both the |
healthcare and the biosciences industries. Careers in this industry |
sector include pharmaceutical preparation manufacturing, surgical |
and medical instrument manufacturing, physicians, dentists, |
outpatient care centers operations, home health aides and more. |
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