September 2024

The Pensacola, FL market is seeing significant job opportunities and economic development resulting from business expansions and new development projects.

 

ST Engineering broke ground on its 167,000 square feet state-of-the-art hangar at the Pensacola International Airport.

What This Means For You: One of the most profitable aerospace engineering groups in the world is expanding its presence in Pensacola. The project is expected to create nearly 2,000 jobs when complete.

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Hard Rock International announced that its Reverb hotel brand will be part of the planned hotel and apartment development at Community Maritime Park.

What This Means For You: The project is expected to create an economic boost to the area and generate 500+ construction and 75+ permanent hospitality employment opportunities with competitive pay.

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Escambia County commissioners are considering selling 25 acres of the OLF 8 property in Beulah for $2.5 million.

What This Means For You: The unnamed business making the offer wants to build a light industrial facility as first project on OLF 8, called “Project Dynamo.” The business would employ 210 people, 170-189 of which would be full time positions with a minimum starting pay of $16.50 an hour plus benefits, according to FloridaWest.

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Breeze Airways begins service at Pensacola International Airport.

What This Means For You: Breeze is offering nonstop flights from Pensacola to Tampa and a one-stop, no-change-of-plane service to Norfolk, Virginia, and may expand their service in Pensacola to more destinations in the future.

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A new development project could bring up to 6 businesses under one roof on West Nine Mile.

What This Means For You: Developers want to create a single-story, 10,400-square-foot building that will hold multiple commercial businesses, along with 38 parking spaces and a single access road leading onto West Nine Mile Road.

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