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sustainability problems unique to this very low-lying region with impending Sea Level Rise. We discuss Regionalization, Resiliency Preparedness, |
and how to reduce current income inequality. In short, the CEDS Blueprint analyzes the current economy, paves the path for the region’s future |
improved economy, and suggests how to achieve it. Included as Appendices to the CEDS are specific projects that we hope to see funded which we |
hope will better the quality of life in this area. The CEDS can be referred to for information on specific points or can be read as a document in its |
entirety. If you read the entire CEDS, you will have a much better understanding of this area than you do now. |
In closing, on behalf the Council and its staff, I would like to thank the individuals, institutions, and organizations that comprise the CEDS Strategy |
Committee and CEDS Workgroups, the University of Florida’s Shimberg Center for Housing Studies, the Florida Chamber Foundation, and |
consultant Kara Mattini for their many contributions and guidance. |
We also thank the East Central Florida Regional Planning Council and Emerald Coast Regional Council for data, GIS mapping, and other support, |
and the U.S. Department of Commerce and Economic Development Administration for their financial support which, in part, made preparation of |
this CEDS for South Florida possible. We look forward to our continued work with the CEDS Strategy Committee, CEDS Work Groups, and other |
regional stakeholders as we build a better future for South Florida residents. |
Sincerely, |
Steve Geller |
Broward County Commissioner, District 5 |
Former Florida Senator, District 31 |
Chair, SFRPC & CEDS Committee |
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INTRODUCTION |
Economic Development District |
The South Florida Regional Planning Council (SFRPC) is one of |
Florida’s ten regional planning councils whose missions include |
coordinating intergovernmental and multi-sector regional |
collaboration to effectively address challenges and opportunities of |
regional importance. The Florida Legislature has recognized that |
regional planning councils are the only multipurpose regional entity in |
position to plan for intergovernmental solutions to growth related |
problems and meet other needs of communities in each region. |
The SFRPC serves Monroe, Miami-Dade, and Broward counties; 70 |
municipalities; and 4.8 million residents. By 2045, the region is |
expected to grow to an estimated population of more than 5.7 million1 |
residents. The SFRPC supports regional and community economic |
development efforts through its economic planning activities, technical |
assistance and project development support in coordination with the |
region’s local governments and economic development organizations, |
regional convenings and planning, and the operation of multiple |
revolving loan funds supporting entrepreneurs, creating affordable |
housing, and furthering the remediation and redevelopment of |
brownfields. |
Since 1994 the SFRPC has served as the Economic Development District |
(EDD) for South Florida and as the Economic Development |
Administration’s (EDA) regional point of contact. In this role, the |
SFRPC works closely with regional stakeholders and the EDA to |
identify, secure, and deploy funding and technical assistance programs |
in South Florida. As the EDD, the SFRPC is responsible for developing, |
maintaining, and updating South Florida’s Comprehensive Economic |
Development Strategy (CEDS) every five years working in partnership |
with the region’s leaders and community stakeholders. |
The EDA directs each designated Economic Development District to |
develop and maintain a Comprehensive Economic Development |
Strategy (CEDS) with the assistance of public involvement. A CEDS is |
the result of a regionally managed planning process designed to build |
capacity and guide the economic prosperity and resiliency of an area |
or region. |
Comprehensive Economic Development Strategy (CEDS) |
In preparation for the 2022-2027 CEDS, SFRPC staff reviewed past |
CEDS, the Seven50 Regional Prosperity Plan, Census Data, JobsEQ for |
Workforce (a software tool that provides timely data on local workforce |
and employers, including demographics, occupations, wages, |
certifications, and more), United Way ALICE Reports, Economic |
Mobility Project Studies (an initiative of The Pew Charitable Trusts), |
and strategic economic development plans prepared by the Beacon |
Council, Greater Fort Lauderdale Alliance, the Florida Chamber |
Foundation. SFRPC staff also reviewed documents and statistical |
modeling prepared by the Southeast Florida Regional Climate Change |
Compact and other public sources of information. In reviewing these |
and other materials, particularly past CEDS developed in 2007, 2012, |
and 2017, it is noteworthy that many of the challenges identified in the |
past continue to be challenges today, in some instances with greater |
complexity. |
How to use this Report |
The CEDS Strategy Committee consists of the region’s top public, |
private, and nonprofit CEOs representing educational institutions, |
economic development organizations, chambers of commerce, |
employers, transit agencies, workforce training, local governments, |
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resilience officers, and senior level staff among others. This report |
reflects the Committee’s work and conclusions on regional goals and |
key strategies to leverage regional assets and opportunities, diminish |
barriers, and create a vibrant and competitive economic environment |
that is diversified and resilient. The CEDS serves as a guiding |
document for economic development activities that regional leaders |
have agreed are important to advance. |
For applicants seeking funding from the federal government, |
particularly the U.S. Economic Development Administration (EDA), a |
finding by the SFRPC of a grant proposal’s consistency with the CEDS |
is a key step toward securing funding from the EDA. The Council |
believes that "consistency” is also a critical step toward securing |
funding from other federal agencies. Grant proposals that advance the |
priority goals, activities, and investments contained in the CEDS are |
deemed to be “consistent” with the CEDS. |
Alignment with the regional CEDS effectively bolsters local efforts as |
communities and businesses build strategic partnerships and search |
for federal and state funding for investments and local economic |
development and recovery efforts. The CEDS is a “living document” |
which will be updated periodically to reflect changes in data, regional |
conditions, and tends. |
Defining the Region |
In 2021 the South Florida Region had a resident population of 4.7 |
million, which is a population larger than that of 27 states. South |
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