While Miami Lakes is attractive for nearly all types of economic development, six targeted industry sectors have been identified that match the region’s strengths, goals, and assets, providing for a diversified and sustainable regional economy.
These targeted sectors were chosen based upon the opportunity for growth, creation of quality jobs above the average wage, role in regional development, and their connections to other industries.
Tech companies thrive in Miami Lakes with access to a diverse, skilled talent pool and competitive operating costs.
Proximity to major medical centers and research institutions creates synergies for healthcare businesses.
From finance to consulting, professional service firms benefit from the strategic South Florida location.
Strategic access to international airports, seaports, and major highways makes Miami Lakes ideal for distribution.
A gateway to South Florida's attractions with excellent amenities for visitors and residents alike.
No state income tax and business-friendly policies attract financial institutions and investors.
A community designed for success — where business meets quality of life.
Our highly accessible community is situated near the intersection of major roadways such as the Palmetto Expressway, I-75, and the Florida Turnpike, and just a short drive away from international airports to the north and south.
One of the safest communities in Florida with great schools and gorgeous parks — more per 1,000 residents than any other municipality in Florida! Easy commutes and a wide range of housing options.
Competitive lease rates, one of the lowest business tax rates in South Florida, and among the lowest flood insurance rates. Plus, no personal income tax — businesses and employees both thrive here.
Business Resources
There are a multitude of resources available to businesses in Miami Lakes designed to foster the expansion of existing companies and attract new businesses.
Government and economic development leaders work together to ensure that the business climate remains favorable to companies of all sizes, including some of the nation's leading corporations.
Cost-efficient alternatives to other competitive high-tech states. Land, labor, and capital are more affordable here than in California or New York. Additional financial incentives available for targeted industries.
Business dollars go a lot farther given the tax advantages, tax exemptions and no state personal income tax. Businesses thrive in this low-tax environment and employees enjoy the benefit of no personal income tax.
We understand that businesses need certainty, predictability and efficiency in government regulations. Both local and state regulatory agencies provide quicker, less costly and more predictable permitting processes.
The Town’s economic development goal is to reinforce, strengthen and promote the livability and sustainability of our neighborhoods, commercial, and industrial areas in the face of the current economic climate and changing needs of the population.
Occupying a land area of approximately 6.6 square miles and conveniently located just 10 miles from Miami International Airport, the Town is home to approximately 30,000 residents and over 1,700 businesses.
Since incorporation in 2000, the Town has experienced significant growth — population increased from 22,676 in 2000 to 29,361 in 2010, representing an increase of 29.48%.
The Town of Miami Lakes is in excellent financial condition, as recognized by Moody’s and Fitch with an AA+ rating for the Town’s bond issue and maintains one of the lowest tax rates in Miami-Dade County.
