Governor Ron DeSantis has awarded over $5.8 million to the Titusville-Cocoa Airport Authority through the Florida Job Growth Grant Fund (JGGF). The funding aims to enhance roadway infrastructure by creating direct access from the Space Coast Innovation Park to the Space Coast Regional Airport. This award is expected to facilitate business expansion in the park and create more than 900 jobs.
"Florida is the space capital of the country," said Governor Ron DeSantis. "Titusville and the surrounding communities will benefit from these high-demand, high-wage jobs that will contribute to a stronger economy for families along the Space Coast."
"Under the Governor’s leadership, Florida continues to make strategic, targeted investments in aerospace and aviation sectors across our state," said Secretary of Commerce J. Alex Kelly. "Today’s award is a great example of how such strategic support helps those sectors get a foothold in communities that have a vision for creating a modern, high-wage, high-demand ecosystem."
The JGGF will finance the construction of a 3,200-foot roadway providing direct access from Space Coast Innovation Park's three-phase development project to Space Coast Regional Airport. The park will accommodate up to seven commercial buildings with a total of 1.4 million square feet of industrial space. The project is projected to generate a positive fiscal impact exceeding $24.6 million.
The Florida Job Growth Grant Fund is an economic development program designed to promote public infrastructure and workforce training statewide. Proposals are reviewed by FloridaCommerce and selected by Governor DeSantis based on community needs for workforce training or infrastructure.
For more information on the Job Growth Grant Fund, click here.
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