Palm Beach County
| By Rockwell, Lilly | |
| Proquest LLC |
Regional Strengths
* Central County
Home to the county seat of
Founded in 1913, the
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From the
The area is long portrayed as the home of Morty and Helen, Jerry's retired parents in the sitcom "Seinfeld," but county leaders say the stereotype of an aging demographic is dated.
The area's tech heritage dates to
A new mayor in
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The 230 square miles of the northern county exemplify the growth the county has seen since Scripps Research Institute Florida arrived in 2004 and was subsequently joined by
Developers and investors, including
* Western County
While
Economically, the western reaches of
The agricultural area that encompasses
Demographics
* Population
* Among the larger communities:
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> Greenacres, 38,172
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* Demographics
> White, non-Hispanic, 58.7%
> Black, 18.2%
> Hispanic, 20.1%
> Over 65, 22.1% (vs. 18.2% statewide)
> Under 18, 20.1% (vs. 20.7% statewide)
> Population Growth, 2000-10: 16.7%
* Education
> High School graduate or higher among those 25 and older: 87.2% (85.8% statewide)
> Bachelor's degree or higher: 32.9% (26.2% statewide)
* Income
> Per capita:
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> Median household:
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* Retail Sales
> Per capita:
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* Notable
> With some 2,500 square miles, it is the largest county southeast of the
> The county has two "coasts," the
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* Economic Trends
The county gained 12,000 non-agricultural jobs over the past year, making it among the top five regions in the state for job growth. The strongest growth was in trade, transportation and utilities, at a combined 4.6% over the past year. Also rising were education and health services, as well as professional and business services, government, leisure and hospitality and financial services. For six consecutive months, the county was among the top five of all 22 metro areas in Florida job growth, gaining 13,200 jobs over the year.
* Politics
The county is generally regarded as a
Economic Backbone
* Agribusiness
While sugarcane may be the best known crop in a county where almost 460,000 acres - more than a third of the county's land mass - are dedicated to agriculture, others includes fruits and vegetables, nurseries, livestock, forestry and hunting and fishing. Industry wages topped
* Aviation / Aerospace / Engineering
Located largely in the western county, this cluster includes more than 600 businesses employing some 20,000 people who design, manufacture and assemble commercial, private and military aircraft. Companies include
* IT / Telecommunications
Since the arrival of
* Corporate Headquarters
More than 40 companies have their headquarters in
* Distribution Hub
* Health Care
Some 1,500 health care-related businesses, including hospitals, biotech firms and ancillary firms, employ more than 50,000 countywide.
Growth is a common theme for the 14 hospitals across
In the western part of the county,
In addition to traditional practice areas,
* Biotech/Life Sciences
* Film & Culture
* Tourism
Tourism in
Sports tourism plays a big role. Last year, the
The county has 47 miles of Atlantic beaches. Yachters power into marinas for stopovers to and from the Northeast, the
Convention and meeting planners will find 16,000 rooms in more than 200 hotels and more than 1 million square feet of meeting space from The Breakers in
"Tourism is one of the main clusters of economic impact here in the county," says
The county has seen growth among international travelers, especially those flying into
*
The marine industry - including about 40,000 boats registered here - accounts for some
* Banking / Financial / Professional Services
While business is strong from
A recent addition to the industries targeted by county leaders is money managers, ranging from hedge funds to private equity to investment managers.
* Real Estate
Two projects promise to infuse hundreds of millions of dollars into the
Planners from Viking Developers, the city and the
In a related move, Rybovich - a 95-year-old marine institution purchased in 2004 by
* A Secure Home
One niche cluster in
Business Assets
* Downtowns Come Alive
Resurgent urbanism has fueled regrowth in downtowns across the county. In
Farther north, in
* Commuting
The
* Airports
Four county-run airports, from
Three general aviation airports include the
The airports and seaports are linked by
* Port and Rail
Some 341,000 passengers sail from the
Along those tracks roll 2 million tons of cargo a year, including containerized, refrigerated, bulk, and roll-on/roll-off and heavy lift loads. Some 80% of the loads are for export. In fact, 60% of the cargo delivered to the
*
The park also is the
Employment at the park is just under 1,000, with an average salary of
* Natural Areas
Local destinations include the 79-acre
* Equestrians
What started as a small event with
* Sports
Besides the four minor league teams and two
> Football: The
> Golf:
> Fishing: Water sports enthusiasts can dive, sail, paddleboard or surf along the Atlantic and fish both in the ocean and in
* Economic Development Agencies
Over the past five years, the
Among recent successes:
> The retention of tech firm TouchSuite, an Inc. 500 fast-growing company with 47 jobs that and plans to add another 50
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> Contact center and technology company
* Workforce Training
CareerSource Palm Beach County works with economic development agencies, planners, governments and employers to help match trends and needs to workforce abilities. In 2013, the organization - formerly
Across the county, 26 adult education centers and community schools provide vocational and occupational training to more than 300,000 each year. Career and vocational training is available within five miles of every county resident.
* Targeted Marketing
In
Apparently, she touched a nerve. Smallridge, a county native, fielded calls from money managers - and a host of media.
With no big-budget marketing campaign, Smallridge filled her calendar with meetings and has lured a host of hedge funds and money managers.
"With higher taxes elsewhere," she says, "the odds are they'll start looking here."
* Travel and Dining
The county's movers and shakers network and negotiate at restaurants including Taboo,
Other favorite haunts include The River House in
* Servin' the Fare
He's a general partner in Titou Management, a holding company for several well-regarded
Quickly, his places have become favorites for locals, leaders and tourists alike.
"You can have the
*
Later,
Many shop nearby on
Even the
"Palm Beachers are some of the most giving people in the world," she says. "Behind all of the glitz and glamour of the society events are hardworking individuals whose mission is to help others."
The human infrastructure of wealth eventually brought with it a host of cultural and philanthropic activity.
"The cultural industry grew by 20% over the last five years, a remarkable fact given the nation's economic state," says
As
Residents' generosity extends beyond cultural events. In the first nine months of its fiscal year,
FAU's medical school is named for the Schmidt family, longtime residents and significant donors to more than 60 local causes.
The grand dame of local giving, though, could be Henrietta, Countess de Hoernle. The
Donations of dollars and devotion have made a difference throughout the county, says
"It doesn't matter what you support," says Kaye, who educates local businesses and clients on the benefits of "give-get" relationships and teaches philanthropy at the Young Entrepreneur's Academy. "Just get in that habit because the next generation needs a model."
* Cultural Institutions: A Short List
Looking for outings or causes in
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> Art in Public Places
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> Palm Beach Photographic Centre
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> SunFest waterfront music and arts festival in downtown
* K-12
The
For the 2012 academic year, 10,000 seniors graduated, for a 79.8% graduation rate - the second highest in the state and eighth-best in the nation, according to Education Week. Nine in 10 graduates said they intended to attend college. Of those who attended college, 5,087 received scholarships totaling
The county also has 137 private and parochial schools, from kindergarten to senior high, with an enrollment of 26,868 students, notes Private School Review.
The county school district has 1,200 partnerships with businesses in banking, industry and biotech, generating
* Higher Education
The county is home to the following colleges and universities:
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In the northern part of the county, where
Among the top degrees earned by
> Health professions, 4,032
> Liberal arts, general studies and humanities, 3,861
> Business, management, marketing 3,344
> Education, 948
> Personal and culinary services, 894
> Homeland security, law enforcement, firefighting, 750
> Social sciences, 575
> Psychology, 539
> Biological and biomedical technologies/technicians, 423
> Sciences, 400
Source: CareerSource of
Lights ...Camera ... High School
But its electives include classes such as "Playwriting" "Acting for the Camera," "Film" and "3D Animation." Among its classrooms is a well-equipped screening room. The entire campus, in fact, functions as a working movie studio where students produce a feature-length movie each year.
On a golf-cart tour of the school, the school's founder, CEO and CFO
The warehouse sits across the street from a cavernous,
The soundstage is also a business that Hauptner uses to help fund the school. So far,
Hauptner, 67, is a former hair stylist and salon owner who has lived in
Success in the salon business and his association with film actors led him to a venture in financing movies. But he failed to generate a blockbuster. He sold his salons after getting divorced and started a TV production-training program in
"I didn't even know what a charter school was," Hauptner says. He took a three-hour course on charter schools offered by the county and submitted an application with a business plan. He found available space at a vacant
The school opened in 2003 with 150 students and 10 faculty and staff members. Since then, it has grown to 1,100 students, 105 faculty and staff and a waiting list of up to 2,000 kids each year. The school gets "students applying from all over the world," Hauptner says. "From
Hauptner says he keeps the school afloat in part by maintaining a lean staff - he has two administrative assistants and employs six administrative personnel and 13 support staff. His wife, Dawn, whom he met and married after she moved to
Revenue remains a challenge, however. Hauptner says that the soundstage generates only slightly more than it costs to run. He hopes to raise at least
Meanwhile, the state's cut in per-pupil funding in 2011 forced Hauptner to deplete a rainy-day fund he had built up, he says, and hurt the school's bond rating. A 2013 Standard & Poor's report criticized the school for "weak financial policies and reporting" and also raised the question of succession planning for Hauptner, whom it called the school's "dynamic leader."
Hauptner says he has trained the school's principal,
> Rated "A" by the state
> Graduates 94% of its students within four years
> 423 students are on free or reduced lunch, about 38% of the student body versus 55% for the district.
> 69% of 12th-grade students took the SAT test in 2012, averaging a combined score of 1485, slightly higher than the district average of 1424.
> 267 students took an AP test in 2012. Of those, 220 received a grade of "3" or higher on a five-point scale.
Leadership
*
Palm Beach County President /
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Managing Partner, Co-founder / Daszkal Bolton CPAs
*
Managing Partner /
Born at
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Managing Shareholder / Gunster
A county resident since he was 16,
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Owner, President /
In 1983,
* Must Know Contacts
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> John Kelly: President,
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> Kevin M. Ross: President,
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| Copyright: | (c) 2014 Trend Magazine, Inc. |
| Wordcount: | 8766 |



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