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【World Property Journal】Central Florida's Fast Growing High Tech Corridor Attracting Millennials Nationwide, Driving Local Office Market

【World Property Journal】Central Florida's Fast Growing High Tech Corridor Attracting Millennials Nationwide, Driving Local Office Market

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According to new research by global real estate consultant JLL, across Central Florida's Interstate-4 Corridor, high tech firms' pursuit of talent has touched off a wave of inbound millennial migration from across the U.S. that shows no signs of slowing soon.

JLL reports the I-4 Corridor's job market is the tightest it's been in over a decade. Last year it was home to about 22,935 technology establishments hosting 265,304 technology jobs, with the average salary of $89,945, according to the Florida High Tech Corridor Council.

For companies seeking to attract and retain talent, or optimize business location strategy, understanding the millennial appeal of the Corridor is key to planning for the future. Largely, it comes down to how work, lifestyle and community are being realized in the Space Coast, Orlando and Tampa Bay.

JLL's research analyst Benjamin Landes tells The World Property Journal, "The Corridor promises to provide an on-going pipeline of high-quality talent as its universities continue to pump out graduates and new residents continue to move to the region. This trend is catching the eyes of major employers looking to grow their operations in an increasingly tight job market, driving up demand for office space and encouraging investment in new product."

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