Florida Institute of Technology
High Tech with a Human Touch
Research Park Tenant Incentives
| Site Incentives | |
|---|---|
| Construction Phase | No charge, up to 18 months |
| Option/Right of First Refusal | No charge for any expansion |
| Transportation Impact Fee | Waived by the City of Melbourne |
| Transportation Access Improvements | State of Florida and/or DOT Grants (if needed) |
| Real Estate Tax | Waived for the City of Melbourne and Brevard County (available) |
| Brownfield Program | Eligible with $2500 per new employee |
| State Tax Waivers | Florida State Tax waivers available |
| Training | Employee training funds available from the Workforce Board |
| Expedited Permits | City of Melbourne |
| Environmental Approvals | Phase one completed |
| Stormwater Management | Permits in place |
| Zoning Classification | Compatible with either light (M-1) or heavy manufacturing (M-2) |
| Florida Tech Research Park | |
|---|---|
| Dynamic Location | On more than 100 acres on Florida’s Space Coast, in partnership with Melbourne International Airport (MLB) Aviation Commerce Park, Melbourne, Florida |
| High Tech Companies | 70+ companies utilizing over 1,000,000 square feet of space employing over 7,000 people |
| Employment Base | Highly skilled, technology diverse employment base |
| High Tech Interactive Cluster | Research and Development, Light Manufacturing, Manufacturing Support, Services and Suppliers |
| Broad Base of Support Services | High Visitor Convenience, with Hotels (5), Restaurants (15), Financial institutions, Medical facilities (5), Award winning schools all located within three mile radius |
| Florida Tech Research Park Office | Convenient location with High visibility at Melbourne International Airport (MLB) Terminal |
|
Incubator Facility on site (State and Federal Supported) |
Technology Research and Development Authority (TRDA) works with early-stage technology companies and entrepreneurs to accelerate their business |
| Employee Satisfaction | Proximity to highly rated residential, medical, commercial, educational and recreational facilities |
| Corporate Visibility and Visitor Appeal | Prestigious location, commercial credibility, established financial standing |
| Melbourne International Airport Amenities | |
|---|---|
| Airline Service |
Destinations are Domestic and International (Delta, US Air, Baer Air) Direct Air (seasonal) |
| U.S. Customs | Full-time on Site |
| International Business Development | #136 Foreign Trade Zone which enables qualified businesses to defer or eliminate U.S. Customs' duties on imported goods |
| Fire Station | On site |
| Police Station | On site |
| Control Tower | FAA approved |
| Weather Station | NOAA Regional Office |
| Airport Terminal | Rated for up to a category 3 hurricaine (125 mph winds) |
| Hospital | Kindred Hospital (Less than a mile away) |
| Access | Unrestricted access to the general public |
| Container Inspection Site | U.S. Customs approved site |
| Air Carrier Availabilities | Commercial, General Aviation, Military and Cargo |
| Aircaft Type | Fixed and rotary wing craft |
| Runways | Three all-weather runways. Main runway 10,181 ft. long |
| Industry Cluster | Aviation Commerce Park on site |
| Intermodal Transportation | |
|---|---|
| Aviation | Commercial passenger, commercial freight, military and general aviation availabilities |
| Rail | Florida East Coast Railway mainline and Airport Rail spur |
| Truck | Commercial truck lines |
| Bus | Long distance transport buses via Greyhound as well as local service by Space Coast Area Transit and Melbourne Airport Shuttle service. |
| Public Transit Onsite Stops | Space Coast Area Transit (SCAT) |
| Vehicle | Taxi, Shuttle, and Rental Car |
| Transportation and Shipping | Hub Facility on site |
| Port Canaveral, located 25 miles north | Offering cruise lines, cargo lines and shippers, businesses and vacationers advanced capabilities of a first-class deepwater port |
| Infrastructure | |
|---|---|
| Roadway | Finished roads to all Research Park sites including four lane access to Interstate 95 |
| Storm Water Management | Permits and structures already in place |
| Traffic Lights | Signalization in place |
| Utilities at Lease Line | Water, electricity, natural gas and reclaimed water systems and services running at each lease line |
| Waste Treatment Plant | Primary, secondary and tertiary treatment facilities adjacent to MLB |
| Florida Lambda Rail |
High speed optical network |
| Florida Institute of Technology | |
|---|---|
|
Founded at the dawn of the Space Race in 1958 |
Accredited , independent, coeducational, research technological university in the Southeast offering undergraduate, master’s and doctoral programs |
| Standings | Rated a Tier One Best National University in U.S. News & World Report; named a Barron's Guide “Best Buy” in College Education; one of just nine schools in Florida lauded by the 2012 Fiske Guide to Colleges |
| Fields of Study | Science, Engineering, Aeronautics, Business, Humanities, Mathematics, Psychology, Communication, Education, High-tech fields and related disciplines |
| Cooperative Education (Co-op) programs | The College of Engineering and College of Aeronautics Co-op program enables students to gain academic credit for their work experiences. |
| Internships | Career Management Services provides assistance to students seeking major-related work experiences |
| Continuing Education and Training | Offers a variety of professional development programs and certificates (On-line and On-site) |
| Joint Applied Research Initiatives | Opportunities to seek funding and grants for collaborative research |
| Accessability | Florida Tech Research Park is 5 minutes from campus, close to many technological and research facilities |
| Transportation Support | Florida Tech Student Shuttle runs every 30 minutes between the main campus, MLB terminal, and the Emil Buehler Center for Aviation Training and Research |
Download this entire incentives package in detail here.