Housing

• NO corporate income tax on limited partnerships

• NO state personal income tax

• NO state-level property tax assessed

Driven by expanding demand in the residential market, Florida construction is booming. Yet inventory continues to lag, and that is creating compelling opportunities now and in the long term. In 2022 Florida reported a population growth rate of 1.9%, the highest in the nation, with more increases projected for the future.

Attractive to businesses. Irresistible to people.

While it’s still considered a haven for retirees, Florida is now ranked as the nation’s #2 state for business, as operations across multiple sectors migrate to the state seeking lower costs, lower taxes and a pro-business climate. And as more and more professionals also seek out Florida for a better work-life balance, the opportunities for residential construction are especially enticing in North Florida: Substantially lower costs in land bring down construction costs, while lower costs and higher quality of life bring in residents eager for new housing.

Abundant land. Business-friendly communities.

North Florida has the available acreage to scale and customize to your needs in business-friendly communities ready for new housing, and ready to support your project by cutting red tape, fast-tracking permits and moving your project from blueprint to completion as rapidly as possible.

Skills to build your team

In North Florida’s K-12 schools and community colleges, high standards and a superior work ethic, along with certification programs like AutoCAD, are producing work-ready graduates prepared for hands-on challenges.

High quality of life

Every successful construction project rests on a strong foundation: Build in a region with excellent schools, refreshing outdoor recreation and friendly communities rich in history and charm. You can take pride in your residential development here. The people who live in it will, too.