text
stringlengths
0
6.44k
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
1 | Page
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,
2 | Page
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