Economic Development Division
101 NE 3rd Avenue, Suite 2100
Fort Lauderdale, FL 33301
EconomicDevelopment@fortlauderdale.gov
954-828-6350
Welcome to the City of Fort Lauderdale Economic Development Division. The Division is your essential partner for growth, innovation, and success in "The Venice of America."
We are dedicated to fostering a resilient and competitive business environment by offering direct support and strategic guidance. Whether you are an entrepreneur launching a startup or a global corporation looking to relocate, we are here to help you:
Fort Lauderdale, the largest city in Broward County, Florida , is recognized as a world-class international business center and an ideal investment destination. As a vibrant city with a population over 192,600, it is known for its dynamic growth, innovation, and strong international connectivity. Fort Lauderdale is strategically located, acting as a gateway to North, Central, and South America, with efficient road, rail, and air infrastructure supporting global trade and logistics. This connectivity is anchored by its proximity to major hubs like Port Everglades and the Fort Lauderdale-Hollywood International Airport.
The City’s economy is robust and diverse, driven by key sectors including marine, tourism, technology, finance, manufacturing, aerospace, and creative industries. Businesses benefit from a lower cost of doing business compared to Miami and a highly attractive business-friendly environment that features low corporate taxes and pro-business policies. Furthermore, the local government provides active support through streamlined permitting and licensing processes. Companies looking for global reach can also utilize the FXE Foreign-Trade Zone (FTZ), which offers significant advantages such as lower operating costs, duty savings (paying duty only when goods leave the FTZ), and cash flow benefits. The FTZ can also reduce cargo insurance costs by up to 40% due to enhanced security.
Fort Lauderdale is supported by a strong and growing workforce, with a diverse, highly skilled, and multilingual talent pool nourished by local universities and colleges. The city is also a leader in innovation and future growth, boasting a rapidly growing tech startup scene, innovation hubs , and major investments in infrastructure and walkable neighborhoods. Investment opportunities are booming, particularly in the vibrant commercial and residential real estate market, which has high demand fueled by population and job growth, with over 4,000 new multifamily units slated for delivery in 2025. Beyond business, Fort Lauderdale is a Tourism & Hospitality Powerhouse , offering an exceptional quality of life with over 3,000 hours of sunshine annually, a semi-tropical climate, and renowned cultural, arts, and recreational amenities. The city is a premier location to live, work, play, and invest.
A step-by-step guide to opening your business in the City of Fort Lauderdale.