Palm Beach County Business | Spring 2022

QUARTERLY ECONOMIC DEVELOPMENT MAGAZINE

SPRING-SUMMER 2022

BDB.ORG

BUSINESS PALM BEACH COUNTY

Gina Melby BDB Life Science Advisory Council Chair

Relocation

Expansion

Investment

3 Economic Development Deals

Moving Forward on Air, Land and Sea A New Esports Hub

Hedrick Brothers Construction: Building for the Future

Richard Bernstein_PBCBQ Spring 2022.qxp_Layout 1 4/15/22 2:16 PM Page 1

8 4

24

14 16

Spring 2022

D E PA R T M E N T S In the Know from the CEO “Supporting Sustainable Business Success” page 2

News & Events page 20

CareerSource: OJT Program Helps Chef Find New Role page 23

CONTENTS

6

F E AT U R E S Advancing the Life Sciences Sector page 4

Land, Air and Sea Expansions page 6

Hedrick Brothers Construction: Building for the Future page 8

Three Economic Development Deals page 12

Claim Your Future Showcase page 14

Leadership in Esports page 16

Out-Of-State Recruitment Efforts page 18

spring 2022 pbc business

|1

CEO

from the

InTheKnow

Supporting Sustainable Business Success In today’s world, business success

often depends on being located in a powerful community that is not just alive but booming. Every day, the Business Development Board works to competitively position Palm Beach County as a global center for business, innovation and talent. Our focus is on recruiting companies from out of state while growing companies in our backyard. Speaking of our backyard, Hedrick Brothers is a classic example of the hundreds of “homegrown” Palm Beach County companies that have succeeded for decades and become a big part of our community.

Another component to building a competitive environment includes the Business Development Board working with CareerSource and academic leaders to ensure that Palm Beach County has a skilled workforce.

Our Academic Leaders Council, Career Showcase, and private school headmasters committee focuses on creating a strong alignment between the skills being taught in the classroom and the jobs being created in our region. Connecting our public and private schools to our industry clusters is critical to developing a strong talent pipeline necessary for the tremendous job growth our county is experiencing.

In addition, this dynamic job growth and massive migration of companies to our county led the Business Development Board to look internally at refreshing how we market the county. Therefore, we recently rolled out a newly designed logo and marketing materials. With our strong board, staff and partnerships, we will remain steadfast in building a sustainable Palm Beach County.

2 | pbc business spring 2022

Gary Hines Senior Vice President – Administration 561.835.1008 Ext. 4111 ghines@bdb.org Lisa Anderson Vice President – Private Funding 561.835.1008 Ext. 4110 landerson@bdb.org Kristen (Boyd) Liberman Vice President – Marketing & Media Relations 561.835.1008 Ext. 4106 kliberman@bdb.org Tim Dougher Vice President – Business Recruitment, Retention and Expansion 561.835.1008 Ext. 4131 tdougher@bdb.org Shawn Rowan Vice President – Business Recruitment, Retention and Expansion 561.835.1008 Ext. 4108 srowan@bdb.org

ON THE COVER

Palm Beach County, Florida is Home to 39 Cities and Towns, Including: Town of Hypoluxo Town of Juno Beach Town of Jupiter Town of Jupiter Inlet Colony Town of Lake Clarke Shores Town of Lake Park City of Lake Worth Beach Town of Lantana Town of Loxahatchee Groves Town of Manalapan Town of Mangonia Park Village of North Palm Beach Town of Ocean Ridge

Kelly Smallridge President & CEO 561.835.1008 Ext. 4121 ksmallridge@bdb.org

Whitney West Vice President – Strategic Initiatives and Events 561.835.1008 Ext. 4101 wwest@bdb.org

Kelly Smallridge President and CEO

City of Atlantis City of Belle Glade City of Boca Raton City of Boynton Beach Town of Briny Breezes Town of Cloud Lake City of Delray Beach Town of Glen Ridge Village of Golf City of Greenacres Town of Gulf Stream Town of Haverhill Town of Highland Beach

Business Development Board of Palm Beach County, Inc. 310 Evernia Street West Palm Beach, FL 33401 561.835.1008 | www.bdb.org

City of Pahokee Town of Palm Beach City of Palm Beach Gardens Town of Palm Beach Shores Village of Palm Springs City of Riviera Beach Village of Royal Palm Beach City of South Bay Town of South Palm Beach Village of Tequesta Village of Wellington City of Westlake City of West Palm Beach

Gina Melby, CEO JFK Medical Center Photo by Capehart Photography PUBLISHED BY

Passport Publications | passport media group 1555 Palm Beach Lakes Blvd., Suite 1550 West Palm Beach, FL 33401 561.472.8778 | www.PassportPublications.com Palm Beach County Business Quarterly is published by Passport Publications & Media Corporation, on behalf of the Business Development Board of Palm Beach County, Inc. All rights reserved. No part of this publication may be reproduced without the expressed written consent of the Business Development Board of Palm Beach County, and the publisher. © 2022 Passport Publications & Media Corporation

PB Marriott Singer Island_PBCB Spring 2022.qxp_Layout 1 4/15/22 1:56 PM Page 1

LIVE ON VACATION

StepStep out and out embrace and embrace the Florida the Florida sunshine sunshine whilewhile the ocean the ocean waves waves roll in. roll in.

You’ve You’ve found found youryour ownown personal personal escape. escape.

Well-appointed Well-appointed suites suites boast boast deluxe deluxe bedding, bedding, fully fully equipped equipped kitchens kitchens and even and even a washer a washer and dryer and dryer to bring to bring all all the comforts the comforts of home of home to the tosea. the sea.

You’re You’re also also surrounded surrounded

by Palm

by Palm Beach’s Beach’s finest finest sights, sights, sounds sounds and flavors. and flavors.

So grab So grab a bite. a bite.

TakeTake a dip.a Check dip. Check out the out the scene. scene.

And And rest rest easyeasy knowing knowing you can you do canitdo all it again all again tomorrow tomorrow at Palm at Palm Beach Beach ® ® Marriott Marriott Singer Singer Island Island Resort Resort & Spa. & Spa.

ALL AO L LWOUWS UTSOTHOOHSO T SYTOYUOBUR IBLRLIILALNI A TN LY T.L Y .

TOTO BOOK, BOOK, CALL CALL 561.340.1700 561.340.1700 OROR VISIT VISIT P ALM PALM BE ACHMARRIOTT.COM BE ACHMARRIOTT.COM

PA LPA M BL EMAC B EHAC MH A RMRAI OT R R ITOT S ITN G S IENRGI E SRL AI SNLDA B NEDAC B EHAC R EHSO R ERSO T &R T S PA & S PA 3 8 0 03 8 N0O0RN TO H ROTCHEO AC N EDARNI VDER, ISVIEN, GSEI N R GI SELRAI N S LDA-NRDI V-I E RR I VAI EBREAAC BH E AC , F LH 33 , F4 L 033 4 404 5 61 . 5361 4 0..17 3 4 0 .17 0 , PA 0 0L, M PA B LE M AC BH E AC M AHRM R IAOT R RTI OT R E STO RE RS T.OCROT.MC O M ©2020 ©2020 Marriott Marriott International, International, Inc. Inc.

PBI SG Ad Pr ofil e M ag 9x1 0. 88 0520.in dd 1

PBISGPBISG Ad Profile Ad Profile Mag 9x10.88 Mag 9x10.88 0520.indd 0520.indd 1 1

5/14/20 11:40 AM

5/14/20 5/14/20 11:40 11 A

Advancing the Life

Gina Melby, longtime supporter and leader of the BDB Life Science Advisory Council

LGM Pharma, based in Boca Raton

IN THE PAST FIVE YEARS, the Business Development Board has recruited nearly 50 life science companies to Palm Beach County, while supporting the growth of new startups and well-established businesses of all sizes.

“Palm Beach County’s life science cluster includes more than 711 companies,” said Gina Melby, chair, BDB Life Science Advisory Council. The council includes stakeholders from industry, education, government, research, medical institutions, and venture capital firms. “The county’s significant investment in the sector has recruited many of those companies, spanning among research and development, manufacturing, biotech, medical devices and hospitals. The county is poised for additional growth with new projects on the horizon zoned for health care and life sciences.”

Melby has led the Life Science Advisory Council for the past seven years assisting with: n The founding of the Council in 2015 n Supporting several life science press conferences n Facilitating 50 BDB relocations and expansions n Helping with the launch of a study in 2016 that outlined the needs to continue growth in the life sciences It started a decade ago with the recruitment of the world’s top two research institutes – the Scripps Research Institute from San Diego and Max Planck Society from Germany. Co-located in Jupiter alongside Florida Atlantic University, it’s not surprising that Palm Beach County is one of the nation’s most attractive locations for investment in the life sciences.

The newest addition to the Jupiter bioscience hub is the University of Florida, which recently announced the acquisition of Scripps’ 30-acre campus on Donald Ross Road, with additional plans for 70 acres nearby in Palm Beach Gardens. The new name will be “UF Scripps Biomedical Research”.

4 | pbc business spring 2022

“The county’s significant investment in the sector has recruited many of those companies, spanning among research and development, manufacturing, biotech, medical devices and hospitals.

The county is poised for additional growth with new projects on the horizon zoned for health care and life sciences.”

— Gina Melby BDB Life Science Advisory Council Chair

Sciences Sector

Precision Esthetics Opens New West Palm Beach Headquarters

Diabetes Research Institute

Two Hidden Gems in the Life Science Sector A powerful success story – LGM Pharma

A Recent Win: Precision Esthetics opens new West Palm Beach Headquarters Precision Esthetics officially opened an 8,000-square-foot headquarters and technology division located at 4912 South Dixie Highway in West Palm Beach. The new location supports recent growth and the addition of 30 new positions. Founded in West Palm Beach 33 years ago, Precision Esthetics is now positioned to be the largest dental laboratory in Florida south of Orlando and will attract doctors from around the world to Palm Beach County. n 30 new positions n New 8,000-square-foot facility in SoSo, West Palm Beach n Located at 4912 South Dixie Highway n Dental products are made in America n More than 100,000 completed dental implant cases

LGM Pharma, based in Boca Raton, acquired the formulation development and drug product contract manufacturing business of Nexgen Pharma, Inc., in 2020.

The acquisition brings Nexgen’s manufacturing and warehouse distribution facilities and employees in California and Texas to LGM Pharma, along with its formulation development, laboratory, and pilot plant manufacturing employees and facilities in Colorado. In all, LGM Pharma is gaining 150 experienced employees and more than 100,000 square feet of fully equipped facilities, along with expertise in all aspects of pharmaceutical finished product development and manufacturing.

Now, LGM Pharma has all the capabilities needed to help pharmaceutical and biotechnology customers accelerate and optimize the new product pathway, from early R&D and clinical development through manufacturing, regulatory submission, commercialization, and distribution.

Searching for a cure – Diabetes Research Institute For the Diabetes Research Institute (DRI), 2021 was a hallmark year for advancements in pioneering islet transplantation, a core part of the institute’s mission for the past 20 years.

The innovative technology involves replacing the insulin-secreting beta cells from human donors to the recipient.

“We are steadfast in our commitment to finding the cure for diabetes,” said Sean Kramer, CEO of the DRI Foundation (DRIF). “As we look to 2022, we are hopeful that we can continue to make inroads in critical areas like islet transplantation and more.”

Recent DRI-supported research includes testing of dimethyl fumarate (DMF), a drug that has shown efficacy in keeping the immune system from attacking beta cells that carry necessary insulin within the body, and anti-CD40 ligand (CD40L), which may provide a safe way to limit the body’s immune system’s ability to attack insulin-producing cells. Both of these therapeutics were developed as a course of treatment for various autoimmune diseases. However, in recent years, they have shown promise in treating type 1 diabetes.

spring 2022 pbc business

|5

LAND, AIR AND SEA Expansions Boost TRANSPORTATION INFRASTRUCTURE PALM BEACH COUNTY’S LAND, AIR AND SEA transportation network continues to grow with new projects and services that support the region’s business growth. Here are highlights from the BDB’s Distribution & Logistics Task Force, a group comprised of the leaders shaping the future of the County’s distribution and logistics industries, as well as updated statistics on projects and services.

LAND

PALM BEACH TRANSPORTATION AGENCY More than $1 billion in highway projects are in the works over the next five years, including widening I-95, Florida’s Turnpike and the Beeline Highway, according to Andrew Uhlir, deputy director of program development, Palm Beach Transportation Agency.

The Florida Department of Transportation (FDOT) is continuing with major construction in the county over the next few tears, including widening sections of the turnpike from the West Palm Beach Service Plaza north to Beeline Highway.

Interchange and widening projects are planned for I-95 from Linton Boulevard north to Okeechobee Boulevard. Meanwhile, the Beeline Highway is being widened from Northlake to Blue Heron Boulevard.

“We are considering high-capacity transit and additional mobility options to meet our growing population and jobs,” said Uhlir. “It is costly to continue to widen roadways, and most are already built out. We are currently studying Okeechobee from State Road 7 to West Palm Beach for ways to address the mobility of people and safety, such as bus rapid transit and light rail.”

6 | pbc business spring 2022

Port Statistics Fiscal Year 2021 n Cargo Throughput- $14B n Cargo- 2,559,595 short tons n TEUs- 260,050 Twenty-foot Equivalent Units n Cargo Vessels- 1,244 n Rail Cars- 14,130 n Sugar- 671,700 short tons n Molasses- 88,583 short tons n Cement- 17,162 short tons n Liquid Asphalt- 88,583 short tons n Raw Rum- 1.5 million gallons n Recyclable Steel- 35,490 short tons

SEA

PORT OF PALM BEACH As the state’s fourth busiest container port, supporting more than 3,500 direct jobs, Port of Palm Beach is developing a strategic master plan. “This will provide staff with development options that optimize cargo throughput, expand our megayacht berth facility, and pave the way for the future of the port,” said Blair Ciklin, chairman, Port of Palm Beach District. A new cement terminal now under construction is expected to boost bulk cargo by at least 250,000 tons, and the container yard occupied by Tropical Shipping is set to be repaired this year.

A major infrastructure project expected to begin this year will move rail cargo faster, reducing container dwell time and transportation and inventory carrying costs for cargo shippers, according to Manuel Almira, port executive director. Most of the existing rail system will be upgraded, nearly doubling the port’s rail traffic capacity from 44,000 TEUs to almost 100,000 TEUs. “The project will also reduce truckers’ processing times through the entrance gate, resulting in more efficiency,” Almira said. It will also improve air quality by reducing truck emissions through greater use of rail transport.

AIR

PALM BEACH COUNTY DEPARTMENT OF AIRPORTS

2021 PBI statistics n Total passengers at PBI up 70.5% n Seat capacity up 34.7% n Total operations up 43.7% including general aviation

Palm Beach International Airport (PBI) continues to see increases in capacity and passenger levels above 2020 levels. New air carriers have announced service, while existing carriers have added new markets and/or expanded service to existing markets. For instance, Breeze Airways initiated service to six new destinations in February.

“The Department of Airports is moving forward with infrastructure projects related to the terminal, airside and landside facilities at PBI and our general aviation airports in an effort to provide the best experience and facilities for our customers and tenants,” said Gary Sypek, deputy director, Palm Beach County Department of Airports. Future improvements include the expansion of Concourse B, security checkpoints and a secure connector linking Concourse B and Concourse C. A new Aircraft Rescue and Fire-fighting facility as well as a new GA Customs facility are now in the design phase.

spring 2022 pbc business |

7

HEDRICK BROTHERS CONSTRUCTION: Building For the Future

By Richard Westlund

Dale Hedrick is building a solid foundation for South Florida’s future. As CEO of Hedrick Brothers Construction, he leads an accomplished team of professionals with extensive experience in serving commercial, education, municipal and luxury residential clients.

“We are a full-service, quality-driven construction management and general contracting firm with a long tradition of excellence,” said Hedrick, CEO of the fast-growing West Palm Beachheadquartered firm. “On every project, we take a proactive, transparent approach to customer service so there are no surprises along the way.”

For more than four decades, Hedrick Brothers Construction has been a leader in South Florida’s dynamic commercial and luxury residential markets. With a talented team and leading-edge technology, the company now has more than 45 projects underway that support the region’s business and residential growth. As its pipeline has grown, Hedrick Brothers Construction has scaled up its operations by opening offices in Pompano Beach and Melbourne.

In Palm Beach County, Hedrick Brothers Construction’s long list of projects includes Class A “sea suites” for corporate headquarters, as well as schools, multifamily buildings, hotels, industrial facilities, automotive dealerships and more. On the luxury residential side, the company serves owners of expansive condominiums, world-class residences, and equestrian estates, completing projects with skill and discretion. “Our ability to serve diverse markets truly sets us apart,” added Hedrick. “We are also known for cost control and schedule adherence—two fundamentals that are essential to owners, as well as our own success.”

Hedrick Brothers Construction takes a partnership approach to

every engagement with an open-book policy, so owners can stay informed every step of the way. The company’s full-service approach includes preconstruction, construction management, design-build, general contracting, virtual design and construction, safety, and sustainable construction.

“Our clients benefit from our team being brought in early to establish budgets and to assist the architect and owner with value enhancements,” Hedrick said. “The sooner we are on board, the better the project turns out. We also take care to identify reliable sources of construction materials to avoid supply chain delays.”

A Construction Family Tradition For Hedrick, construction excellence is a family tradition.

His great-grandfather was a contractor in North Carolina. His grandfather, George, was a contractor and moved the family to Lake Worth after World War II. Dale’s father, Charles Lee Hedrick, ran a construction company until the 1970s. “By the time I graduated from the University of Florida, my father had retired, so my brother Paul and I started Hedrick Brothers Construction on January 11, 1979,” said Hedrick, who bought out his brother in 1983.

Through the years, Hedrick Brothers Construction has grown steadily, thanks in large part to referrals from satisfied customers.

“I have never worked with another company in any capacity that was as professional, skilled and honest as Hedrick Brothers

pbc business businessspring spring2022 2022 8 | pbc

205 Datura Class A Office Building, WPB, FL

Hedrick Brothers Construction

CJ Walker Photography

CJ Walker Photography

Watson Hall, Student Residence at Palm Beach Atlantic University, WPB, FL

Under Construction, Palm Beach Riverstone Class A Apartment Community, WPB, FL

“We pay a great deal of attention to our company’s culture, and strive to provide a workplace where our people feel valued and appreciated.”

– Dale Hedrick Construction,” said James Patterson, author and luxury residential client. “This construction job was large and complicated, and they came in on schedule and very close to the budget estimate.”

In the past two years, the company has continued to deliver commercial and residential projects for its clients without missing a beat, such as Watson Family Hall, a 510-bed student residence building for Palm Beach Atlantic University in downtown West Palm Beach. Hedrick Brothers Construction also works closely with the School District of Palm Beach County, and is building the new Wynnebrook Elementary School in West Palm Beach and conducting a major renovation of Lake Worth High School, where Hedrick’s father once taught. The King’s Academy is another longtime repeat client, and the company is now building a student union and a technology building on the school’s campus.

In the office sector, Hedrick Brothers Construction recently completed the interior and exterior renovation of 205 Datura, creating a Class A five-story office building in downtown West Palm Beach. “I had the pleasure of personally working with the staff, and I have found them to be honest and straightforward in their approach to work and business,” said Douglas W. Brewer, managing director, Morning Calm Management. “I would not hesitate to endorse Hedrick Brothers Construction in consideration of future projects.”

Through the years, Hedrick Brothers Construction has built a loyal clientele in the automotive dealership sector. Braman Motorcars has been a client since 1985, with projects for BMW, Audi, Porsche, Bentley, and Rolls-Royce dealerships, and service centers in West Palm Beach and Miami. The company has also partnered with Schumacher since 2012, constructing Infiniti, Lincoln, Volvo, and Subaru dealerships in Delray Beach and West Palm Beach.

Capehart Photography

spring 2022 pbc business |

9

Back in the 1980s, Hedrick and his team used beepers to stay in touch when managing construction projects on site, and were early adopters of office computers. Now, the company uses advanced technology, including virtual design and

Bridges Marsh and Associates

Key Advantages for Clients

augmented reality (AR) headsets to provide clients and design professionals with clear 3D renderings of their buildings before plans are finalized. “Our virtual design and construction (VDC) platform is a game-changer, solving problems before a shovel hits the ground, so there are no surprises down the road,” said Hedrick. “Our VDC capabilities are also very helpful for organizations seeking to promote their project with donors or other stakeholders.”

Another key advantage Hedrick Brothers Construction brings to the market is its highly talented team. With the the company now has 150 full-time employees.

“We pay a great deal of attention to our company’s culture, and strive to provide a workplace where our people feel valued and appreciated,” said Hedrick. “As a result, we

Private Oceanfront Residence, Palm Beach, FL CJ Walker Photography

addition of 30 new construction professionals in the past year,

have been able to recruit engaged and motivated professionals who appreciate our career opportunities.”

Recognizing the importance of a well-trained construction workforce, Hedrick Brothers Construction has been a statewide leader in supporting the building trades. The company has partnered with area academic institutions to inform and engage young adults about the benefits of the industry.

Hedrick serves on the advisory council for the M.E. Rinker, Sr., School of Construction Management at the University of Florida, and was recently inducted into the school’s Private Equestrian Estate, Wellington, FL

give guest lectures at the school, and have invited UF faculty to come to West Palm Beach to teach about building information modeling and other leading-edge topics.

Hedrick is also a leader in community and business organizations like the Business Development Board of Palm

CJ Walker Photography

“Construction Hall of Fame.” He and other company leaders

Beach County (BDB), serving as a trustee and board member.

“The BDB does an incredible job of promoting our county, and in helping relocating and expanding businesses implement their projects,” Hedrick said.

Meanwhile, Dale and his wife Cathleen are continuing the family tradition with three sons, Burk, Parker and Cheney, each involved in some facet of the development and construction industry. “I’m proud that they are carrying on a fifth-generation legacy,” said Hedrick. “We all enjoy making dreams come true for our clients.”

Braman Porsche, Rolls-Royce, Bentley, and Pre-Owned Showrooms, Parking and Service Garage, West Palm Beach, FL

10 | pbc business spring 2022

HEDRICK BROTHERS CONSTRUCTION: BUILDING FOR THE FUTURE Serving Luxury Residential Clients With Palm Beach County’s steady population growth, Hedrick Brothers Construction caters to the sophisticated desires of luxury residential owners. “We can remodel a kitchen, create a beautiful penthouse condominium, or renovate a multimillion-dollar waterfront estate home,” said Hedrick.

“In any case, we deliver exceptional customer service.”

Gene Parker, Chief Operating Officer, and President, Luxury Residential Division, leads the company’s 50-plus residential team members. “As a premium builder, we respect the confidentiality of our clients,” he said. “However, many of our projects have been featured in publications like Architectural Digest.”

On Palm Beach alone, Hedrick Brothers Construction has built, remodeled, or renovated more than 125 oceanside and lakefront residences and condominiums, along with many other projects in Wellington, Jupiter Island and beyond. Currently, Parker and his team have more than 15 home and condominium projects on the island, as well as luxury commercial projects such as a private club, and the renovations of the Palm House hotel and the Fire Rescue Station for the Town of Palm Beach.

Delivering High-Profile Commercial Projects

Harvard Jolly Architecture

From historic landmarks to modern energy-efficient sustainable buildings, Hedrick Brothers Construction’s Commercial Division delivers high-profile projects on time and on budget. Today, the company’s projects include corporate offices, multifamily, senior living, auto dealerships, clubhouses, hotels, schools, industrial complexes, and municipal facilities, from Miami-Dade north to the Space Coast and beyond.

Led by Brett Strassel, President, Commercial Division, the company has completed multiple projects for Pratt & Whitney, received the “Contractor Excellence Award” for its NA2 Test Engine Center and continues this partnership today.

Current Palm Beach County projects include the Palm Beach Riverstone Class A apartment community in West Palm Beach, Sunscape Senior Living facility in Boca Raton, and multiple municipal renovation projects for Palm Beach County. The company recently completed an administrative and maintenance complex for Seacoast Utility Authority in Palm Beach Gardens and a new community recreation center for the Village of Tequesta.

Hedrick Brothers Construction is currently in preconstruction for the expansion and renovation of the Cox Science Center and Aquarium in West Palm Beach, a new Class A private family office building in Tequesta, and a new world-class aquatic facility on Keiser University’s flagship campus in West Palm Beach.

Recently, the company was selected for the mixed-use Nora project, which involves renovating 120,000 square feet of obsolete warehouse space just north of downtown West Palm Beach. “We have laser-scanned the older buildings to mitigate any issues, and are moving ahead with new concepts,” said Strassel. “Our goal with this vital project—as well as our many other commercial engagements—is to deliver the highest possible quality on time and within budget.”

For additional information, visit HedrickBrothers.com or call 561.689.8880 Cox Science Center and Aquarium, external rendering of the building, West Palm Beach, FL

spring 2022 pbc business |

11

3

Economic Development Deals

Whether it’s a home-grown success story or an out-of-state relocation, the Business Development Board is positioned to be the one stop shop for business growth and resources. Learn about three recent corporate relocations and expansions.

ELECTRIQ POWER

Energy Storage Company Relocates from California Electriq Power, Inc., a leading provider of intelligent and integrated home energy storage, management, and monitoring solutions, will open a new 7,500-square-foot corporate headquarters in West Palm Beach at 625 North Flagler Drive with plans to grow to 40 employees in Palm Beach County over the next few years. Originally based in California, Electriq brings smarter home energy storage to more homes and offices, making sure more families and employers have access to a reliable backup in the face of widespread outages. For example, the “PowerPod 2” product is the smart home battery backup system designed to save on electricity costs and protect against blackouts.

12 | pbc business spring 2022

BDB SERVICES 40 Years of Complimentary Services Supporting Corporate Relocations and Expansions:

ESSENTIAL CANDY Local Entrepreneur with a Healthy Purpose

Cushman & Wakefield

Essential Candy, a manufacturer of healthy candy infused with essential oils and other plant botanicals, has opened a new 2,900-square-foot facility in Wellington. It will house new manufacturing equipment and employ 12 people over the next year, as well as position Essential Candy for expansions into new countries. With the expansion, the Ernsts have purchased new manufacturing equipment and are starting the company’s domestic and international expansion into Australia and Canada. Essential Candy was founded in 2018 by wife and husband Tracy and Dean Ernst to help a friend battling cancer. Tracy developed a solution to ease nausea and the various side effects of chemotherapy treatments, creating a hard candy using essential oils that has no artificial colors, flavors, preservatives, or sweeteners.

VETIO ANIMAL HEALTH Specializing in Complex Drug Formulations

Vetio Animal Health, the largest contract development and manufacturing organization dedicated to animal health in North America, is expanding operations in the Palm Beach Park of Commerce. Vetio is building a 35,000-square-foot manufacturing facility and will add about 40 employees by the end of 2022, primarily in manufacturing, R&D, quality control and project management. That’s a significant expansion for Vetio, which now operates a 40,000-square-foot development and manufacturing facility with more than 100 employees in the Palm Beach Park of Commerce. Vetio specializes in complex drug product formulation and manufacturing of veterinary pharmaceutical products.

n Site inventory on available industrial buildings, land and office space are provided through our state-of-the-art computerized tracking system. n Site tours personally conducted by our Business Relocation and Expansion Staff. n Information on grants, assistance, and financial incentives available through the State of Florida, Palm Beach County, and local municipalities. n Introductions to the CareerSource Palm Beach County employee-training programs. n Introductions to public and private educational institutions. n Introductions to elected officials and local business leaders. n Review of available housing and cost of living. n Government zoning and permitting information. n Local buyer and supplier information. n Demographics and labor market information. n Available services and rates for utilities, communication, and transportation. n Introductions to banks, law firms, employment agencies, accounting firms, and all other appropriate suppliers. n Technical presentations tailored to company’s specific location requirements. n Overview of Palm Beach County’s lifestyle, including recreational and cultural amenities. n Research services.

During the past five years, the BDB has assisted companies that have created more than: n 12,822 direct jobs with average salaries greater than $69,062 n More than $777 million in capital investment to Palm Beach County n An economic impact that exceeds $6.87 billion

Interested in relocating to or expanding in Palm Beach County?

Contact us at info@bdb.org.

spring 2022 pbc business

| 13

Countywide “CLAIM YOUR FUTURE”

Event Inspires Local High School Students

THE BUSINESS DEVELOPMENT BOARD and the School District of Palm Beach County hosted the 2022 Claim Your Future Showcase, an annual event that shows local high school students the diverse career paths available to them in Palm Beach County.

Thanks to the grand sponsor Wells Fargo, the event included an exhibitor hall and a grand presentation with various speakers. n Superintendent Mike Burke of the School District gave opening remarks. n Lisa Park of Wells Fargo provided a “Financial Literacy” presentation. n Travis Suit of Pipers Angels Foundation motivated the crowd with a personal story.

THANK YOU TO OUR GRAND SPONSOR

n Eugene Spann of CareerSource Palm Beach County showcased “Soft Skills.” n Students experienced an exhibitor hall with nearly 50 diverse companies within sectors such as distribution/logistics, manufacturing, engineering, health care, government, hospitality, and so much more.

For the first time in the event’s history, the “Claim Your Future” was livestreamed to all high schools in Palm Beach County, while also welcoming a busload of students from each school for the in-person experience.

Robert Weinroth, Mayor of Palm Beach County, said, “This is a terrific event for high school students to meet with representatives from local businesses to explore career opportunities in Palm Beach County. The county employs more than 6,000 people with lots of opportunities in departments such as parks, libraries, social services, fire rescue and information system services.”

THANK YOU TO THE FOLLOWING COMPANIES Supertindent Mike Burke, Grand Sponsor Erick Strati of Wells Fargo, PBC Mayor Robert Weinroth

14 | pbc business spring 2022

BDB Takes the “Claim Your Future Showcase” to the Glades Region

The Business Development Board took the “Claim Your Future Showcase” to the Glades Region, hosted at Pahokee Middle-Senior High School and Glades Central Community High School. Thank you to School Board Member Marcia Andrews for moderating. Students received a “Soft Skills” presentation by CareerSource Palm Beach County, and heard from the following panelists: n CSI: Palm Beach n Florida Crystals n FINFROCK n Palm Beach State College n U.S. Army n Junior Achievement of the Palm Beaches & Treasure Coast n Clerk of the Circuit Court & Comptroller of PBC

FOR SUPPORTING EDUCATION IN PALM BEACH COUNTY:

spring 2022 pbc business |

15

Leadership in ESPORTS

— Ben Spoont Founder and CEO Misfits Gaming

MISFITS GAMING Transforming Boca Raton into an Esports Hub Welcome to Misfits Gaming, an 18,000-square-foot corporate headquarters in Boca Raton with a staff of 50 people who don’t look a day over 25 years old. “Gaming to me in esports really is the intersection between sports, media, technology, and entertainment,” said Ben Spoont, Founder and CEO of Misfits Gaming.

Misfits Gaming Group relocated from California to Boca Raton a couple of years ago and has since pioneered the new esports hub that Boca Raton has become.

Known as a global esports and entertainment company, it consolidated operations from Los Angeles, California, and Berlin, Germany to Palm Beach County, now being near its two teams—Florida Mutineers, the “Call of Duty” team, and Florida Mayhem, the “Overwatch” team. It also employs a stable of content creators who play games like “Minecraft,” "Fortnite", "Roblox", and more.

When asked why Palm Beach County over Los Angeles or Berlin, there were many reasons, but the top

16 | pbc business spring 2022

three were quality of life, cost of living and the desire to be in the same region as the teams’ fans and community.

“It also doesn’t hurt that the beaches here in Florida are pretty amazing,” said Spoont.

As you walk through the halls of Misfits Gaming’s headquarters, most walls are covered by murals completed by South Florida artists. The building includes customized, state-of-the-art game rooms where players can practice and compete, professionalized streaming rooms with stream labs and microphones, a full social media lab, and a creative studio where the company shoots videos and photos in house.

“We started Misfits Gaming because I really wanted to apply a passion for video games,” said Spoont. “I really thought about how esports and gaming truly is the next frontier of how today’s youth of Gen Z and Millennials are consuming their time.”

FAU Opens Esports Center on Boca Raton Campus Recognizing the growing demand for gaming experiences, Florida Atlantic University has opened a new Esports Arena in the student union of the Boca Raton campus. The high-tech environment features 40 gaming PCs with high-end hardware, more than 40 of today’s most popular games, and wall monitors for spectators to follow the action. Each station is furnished with a full-desk mouse pad and comfortable gaming chair.

“The Esports Arena offers the university community more student jobs, which leads to real-time business management learning experiences and increased student programming opportunities,” said Michael Cooper, director of the Boca Raton student union. “The arena also gives students access to tournament play (PC and console gaming, table tennis and billiards), building a new foundation for students to network and engage. It is a comfortable place that the students call home while being a part of the community here at FAU.”

Students may purchase rental access to the arena’s PC gaming computers, Nintendo Switch consoles, or Xbox One. Other console stations, ping-pong tables, pool tables, and board games are free. “Our Esports Arena is where you can play games to your heart's content,” added Cooper. “We offer a friendly space for both casual and competitive gaming.”

Along with the arena, FAU now has official esports teams for “Super Smash Bros. Ultimate,” “Overwatch,” and “Rocket League.” There is also an FAU Esports Gaming Club not directly affiliated with the arena.

spring 2022 pbc business |

17

Out-of-State

RECRUITMENT EFFORTS: Site Consultants and Brokers Tour Palm Beach County A group comprised of site consultants from across the nation and brokers who are facilitating big deals in recent months convened at the Pelican Club in Jupiter for an overview of Palm Beach County’s business climate. Thank you to sponsors Florida Power & Light, Discover The Palm Beaches, and the Chamber of Commerce of the Palm Beaches.

Attendees also heard from Doug Cifu of Virtu Financial and Eric Becker of Cresset Wealth Management, two corporate relocations in the Wall Street South movement. The program concluded at the Honda Classic.

Additional Out-Of-State Missions YTD: KANSAS CITY, MISSOURI: IAMC and EFI Conference October 3 – October 5

SAN FRANCISCO, CALIFORNIA: Site Selection/Prospect Event with Enterprise Florida March 14

PHOENIX, ARIZONA: Economix Consultant Connect December 5 – December 8

TAMPA, FLORIDA: Florida Supply Chain Summit March 21 – March 23

DAYTONA BEACH, FLORIDA RALEIGH-DURHAM, NORTH CAROLINA: FPL Illuminations Consultant & Partner Event Area Development Site Selection February 7 – February 8 March 28 – March 30

18 | pbc business spring 2022

Discover The Palm Beaches: Meetings and Conventions by the Numbers From iconic resorts and sprawling outdoor spaces to world-class dining, shopping and entertainment options, The Palm Beaches is known for providing a one-of-a-kind, unrivaled meetings experience. Here, you’ll discover a vibrant South Florida destination that’s a hub of bustling industries, including agribusiness, life sciences, finance and technology, where meeting spaces of every size and boasting the latest technology share the stage with vibrant communities and breathtaking natural beauty. The Palm Beaches have the amenities and offerings to elevate event experiences, create engaging moments and bring successful meetings to a whole new level, Between-the-Sessions.

Did you know that The Palm Beaches offer: n Two Downtown Meetings Districts, each with more than 1,000 walkable hotel rooms n 350,000 sq. ft. of flexible meeting space at the Palm Beach County Convention Center, with connected 400-room hotel n More than 1 million square feet of meeting space throughout the destination n 18,000+ total guest rooms at more than 200 hotels

n Easy accessibility to the destination from three international airports, with 2,000 daily flights, via high-speed rail or car n Three miles from Palm Beach International Airport to the Palm Beach County Convention Center n 3,200+ restaurants n 200+ cultural institutions

BDB National Ad Campaign: CEOs in New York City and Boston will see the following message when browsing the news on outlets such as New York Times, Wall Street Journal, Bloomberg, Boston Globe, and so much more.

Heey Sunshine,

The Future of Business is Bright in Palm a Beach Coounty

BDB.ORGG spring 2022 pbc business

| 19

Congratulations

JAKE GELEERD,

NEWS

the March Business of the Month!

In collaboration with ESPN West Palm Beach, the BDB partners on a “Business of the Month” program. Congratulations to our March 2022 Business of the Month, Jake Geleerd, President & CEO of Tortoise Properties!

BDB Chairs Women Build 2022 Program Built Two Homes in Belle Glade Women Build is an annual, worldwide event engaging women to support affordable, quality housing. Habitat for Humanity of Palm Beach County’s Women Build 2022 built homes in Belle Glade for two women-led families, the Lane and Volmard families. BDB President and CEO Kelly Smallridge served as Honorary Chair of the local nonprofit’s Women Build 2022.

BDB App

Events and Announcements at Your Fingertips Search “BDB of Palm Beach County” in the app store on any smartphone to download the BDB app. It’s an easy way to search upcoming events and stay updated on the latest news.

Member Engagement Opportunities: 10 Meetings This Past Quarter 1. BDB Real Estate Roundtable at Tricera Capital 2. BDB Economic Development Stakeholders Roundtable 3. BDB Upper Level Breakfast with Mukang Cho, Founder/CEO of Morning Calm Management 4. BDB Luncheon with Kenneth Himmel, CEO of Related Urban 5. BDB Breakfast with an economic outlook by PNC

1

20 | pbc business spring 2022

2

6. Claim Your Future Showcase 7. Private School Task Force 8. Life Science Advisory Council 9. Distinguished Leadership and Alumni Awards 10. National Engineers Week Honors & Awards Banquet

3

4

5

West Palm Beach

CENTER FOR ARTS & TECHNOLOGY

Established in 2018, the West Palm Beach Center for Arts and Technology (WestPalmCAT) offers arts education to historically underserved high school youth and targeted job training, support, and employment services to prepare unemployed and underemployed adults to obtain and retain living-wage local jobs.

The WestPalmCAT plans to build a state-of-the-art facility in the Northwest District of West Palm Beach. To bring the vision to reality, it’s launching a capital campaign to raise $10 million to fund two phases of development. West Palm Beach’s Community Redevelopment Agency has already committed $5 million toward the project.

The project will eventually include arts and career training programs in an existing rented space and the construction of a new building and greenhouse.

For information on how you can support the WestPalmCAT, please contact 561-312-0539 or email info@wpbcat.org.

Aerojet Rocketdyne

EVENTS

UF and IBM Team Up

to Be the Leading “AI University” in the Nation

The University of Florida recently announced a new collaboration with tech giant IBM to launch a comprehensive skills program designed to extend UF’s vision to be an international leader in artificial intelligence, data science, fintech, and other related technologies that can help solve society’s biggest challenges. The collaboration will extend to West Palm Beach, where UF is exploring an opportunity to co-create academic programming at a new campus that will serve the needs of the region’s rapid influx of companies across sectors, including finance and technology.

Manufactures Engines that Will Propel First Woman and Person of Color to the Moon Aerojet Rocketdyne’s Jupiter facility manufactures engines that will be located in the upper stage of the Artemis rocket, the 21st century’s equivalent of the Saturn V that last took Americans to the moon in the early 1970s. The Artemis blast-off will occur this spring and will be an unmanned test run that will leave Earth, orbit the moon and then return. “This rocket is a game-changing launch vehicle for the world and for our country,” said Jim Maus, vice president and general manager at Aerojet Rocketdyne in Jupiter as he shared with the Palm Beach Post.

6

7

8

9

spring 2022 pbc business |

10

21

Sympatico Property Management-full_PBCBQ Spring 2022.qxp_Layout 1 4/18/22 10:47 AM Page 1

ELEVATING

COMMERCIAL REAL ESTATE Here are just a few in our portfolio of properties:

Commerce Pointe Silver West Palm Beach

CenterPoint Plaza Lake Worth

501 N A1A 501 North A1A, Jupiter

Northpointe Professional Centre North Palm Beach

The Concourse West Palm Beach

900 East Jupiter

Paco Gil 561.309.2308

Grant Solomon Siegel 561.777.9838

222 Lakeview Ave., PH 5 | West Palm Beach, FL 33401 1926 10th Ave. N., Suite 304 | Lake Worth Beach, FL 33461 561.681.0221 | pacogil@sympaticorealestate.com www.sympaticorealestate.com

Lorena Blanc 772.529.3464

BUSINESS SOLUTIONS

CareerSource OJT Program Helps Chef Find New Role After six years

as a chef, Marisol Rivera was ready for a new career. “I love working with my hands and wanted to enter the trades,” she said. “Construction is a field full of opportunities with great stability and benefits.”

Drawing on her prior experience, Rivera applied for an electrician trainee position and was hired by Carpenter Electric in West Palm Beach. “Marisol had the right traits and drive and a desire to learn the trade,” said Yelena Belousov,

Carpenter

Electric’s

office

manager/HR specialist. In business since 1982, Carpenter Electric has participated in CareerSource Palm Beach County’s OJT program since 2016 with more than 25 workers going through the program.

In August 2021, Rivera started at Carpenter Electric with

November and recently began her four-year apprenticeship through the IEC Florida East Coast Chapter.

“I really enjoy my work, putting panels and modules

support from CareerSource Palm Beach County’s On-the-Job

together,” said Rivera. “I’m also learning new things every day,

Training (OJT) program. As one of the few women working on

like how to install landscape lighting. I think CareerSource has

construction job sites, Rivera appreciated her supervisor’s

a great OJT program with personalized feedback at every step

mentoring and support. She completed the program in

of the way.”

spring 2022 pbc business |

23

BUSINESS SOLUTIONS

CareerSource Opens the Door for Marine Corps Veteran After serving eight years in the U.S.

Marine Corps, Max R. Jacques was ready for a new career in the private sector. “As a 30-year-old veteran, I wanted to put my skills to good use in logistics and operations,” said Jacques, who reached out to Stacy Bart, who coordinates the Disabled Veterans’ Outreach Program (DVOP) at CareerSource in West Palm Beach.

“Stacy helped me redo my resume, provided coaching and helped me prepare for interviews,” said Jacques. “It was unbelievable how much work she put into getting me a job that could provide an entry to a new career.”

That coordinated effort paid off, as Jacques was hired by DH Pace, as dispatch manager in the door company’s new branch in Palm City. “I’m learning the system and have a great boss,” Jacques said. “It’s a great working environment here.”

As dispatch manager, Jacques manages three field technicians who install commercial and residential doors, conduct fire inspections and perform other services for DH Pace, whose operations range from Lake Worth Beach to Sebastian. “I would advise any job-seeker to contact CareerSource Palm Beach County,” he said. “Their attention to detail and understanding of the job market is unmatchable. They will help you achieve the position of your dreams.”

CareerSource Palm Beach County’s full-service centers are staffed with career coaches and consultants who are dedicated to serving first-time, experienced and professional job seekers.

The services include career consulting, computers for job searches, internet access to our statewide jobs database Employ Florida, job search and placement services, workshops, training opportunities, work assessments and more. To learn more, go to careersourcepbc.com.

Central Career Center 3400 Belvedere Road West Palm Beach, FL 33406 561.340.1060

West Career Center 1085 S. Main St. Belle Glade, FL 33430 561.829.2040

Connecting business with talent | www.careersourcepbc.com

24 | pbc business spring 2022

BHSF Baptist Health-full_PBCBQ Spring 2022.qxp_Layout 1 4/15/22 3:03 PM Page 1

Dad! I broke my own running record!

That’s great, buddy!

I think I also broke my ankle.

That’s not so great!

WWhhaatteevveerr iitt iis, we’ll taakkee ccaarreeooffiti.t.

Becausewh wh enyou youneed need ca ca are, e, tther here’s ng Because en ar e’s no no ttime imefor forguessi guessi nggames. games. enc y Car EmEemrgeergnc y Car ee

rgeenntt C Caarre eE UUrg Exxpprres esss

Bet2h8es da Hospital East 15 South Seacrest Blvd.

2815 South Seacrest Blvd.

W elliington 10520 Forest Hill Blvd.

10520 Forest Hill Blvd.

9655 West Boynton Beach Blvd.

20665 L Lyyons Rd.

Bethesda Hospital East

Bethesda Hospital West Bet9h65 es5daWH esotsBpoita ynltW ones Bteach Blvd.

Boca Raton Regional Hospital Boc8a00RaMto ndRoewgsioRnda. l Hospital ea

800 Meadows Rd.

BaptistHealth.net/GetCareNow

BaptistHealth.net/GetCareNow

Welliington

West Boca We BoL 20s 6t65 Lyc yoans Rd.

VV iritruta ee ulaCar l Car

Baptist Health Care On Demand App Baptist Health Care On Demand App Available 24/7

Available 24/7

SBA_2022Ad full_PBCBQ Spring 2022.qxp_Layout 1 4/15/22 10:03 AM Page 1

IN OUR BUSINNESS, ITT IS ALL ABOUT THE SIGGNAL. Our clients depen nd on SBA S to provide the wirelesss infrastructure that allows them to t transm mit the omers. As A their signal to their custo

infrastructure solu utions, we w are continuously settin ng the sta andard for

customer

sa atisfactio on

by

Building Better Wireless s®.

TOWER OWNERSHIP | LEASING NG | SITE MANAGEMENT | SITE DEVELOPMENT | CONSTRUCTION | TECHHNICAL SEERVICES

800.487.SITE | sbasite.com © 2022 SBA A Communications Corporation. All Rights Reserved.