| WHY HALLANDALE BEACH?
CENTRAL LOCATION:
Near major transshipment and logistics hubs
- Nestled between Miami and Fort Lauderdale
- Minutes away from two international airports, seaports, professional
sports arenas and more
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BUSINESS COMMUNITY ANALYSIS
Hallandale Beach has a total of 2400 businesses. The leading industries in Hallandale Beach are: Arts, Sports, Entertainment and Recreation, Retail, Accommodation and Food Services, Healthcare and Social Services.
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SOCIAL LIFE
Home to 2 major casinos and Race Track
- Gulfstream Park Racing and Casino - Big Easy Casino
GROWTH
- One of the fastest growing cities in the State of Florida
- This growth has spurred more than $1 billion of development that is underway - Nine incentive and grant programs opportunities
- Funding opportunities in restaurant development, retail, hospitality, healthcare, technology, fashion and art
HOUSING VACANCY
- 37.8% Vacant Housing units
- 28, 406 Total Housing units
- 42.23% Renters
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TOP INDUSTRIES BY JOB
- Arts, Sports, Entertainment and Recreation – These industries
account for 2492 jobs, with a total of 40 establishments
- Retail – 2425 jobs with a total of 280 establishments
TRADE AREA
Current market rates in the City:
OFFICE
- Average Rents $33.99/sf - Vacancy Rate 10.4%
RETAIL
- Average Retail Rents 28.39/sf - Vacancy Rate 3.1%
- 57.77% Home Owners
- Average income is $40,883
- 25.39% of households earn more than the national average each year |