News & Highlights

Economic Development is a Team Efforts

The Palm Coast Economic Development Team will be led by Senior Planner Beau Falgout who has a wide range of experience in strategic planning, communications, general analysis and government contacts.

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Fiber optic network nears Palm Coast launch

April 17, 2010 Palm Coast residents and businesses soon will have access to broadband Internet when the city's FiberNET system goes active next month. At a City Council workshop Tuesday, Courtney Violette, the city's director of information technology & communications, said the city will begin providing services across the network by May 1. Prospective users already are lined up for the service.

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Fastest growing U.S. counties

Flagler County raked 4th in the nation for fastest growing counties.

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Enterprise Flagler Signs Up New Business

MH Operations -- which makes hoses for commercial, industrial and residential use -- plans on hiring 125 people over the next two years at an average salary of $33,603, according to county documents. The airport facility will be a temporary location for the company, which intends to build a 50,000- to 100,000-square-foot building in Flagler County. The county beat out several other locations in Florida and one in Kentucky for the project.

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Attitude attracted company relocation

It wasn't the beaches or being on "The Quiet Side of Florida" that attracted Margaret Combs to Flagler County. We ended up talking with (Enterprise Flagler executive director) Greg Rawls and made our first visit there, probably in late May, early June."

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News

Fastest growing U.S. counties

June 21, 2010

Flagler County, Fla.
Flagler County, Fla.
This traditional design with 3 beds, 2.5 baths and more than 2,800 square feet in Flagler Beach is listed at $349,000.
Population: 91,622
Growth rate since April 2000: 83.9%
Retirees represent a good portion of Flagler County's demographic: The median age is 50, more than 10 years older than the state median and 13 years older than the U.S.

"The core of our population is retirees," said local real estate agent Matthew Wilson of Coquina Real Estate and Construction. "The retirees bring in their accumulated assets."

Flagler was the nation's fastest growing county for three straight years this decade. But the state's real estate bust has left the county with a big "hangover," said Wilson.

Population growth has continued through the bust but at a slower pace, just 1% for the 12 months ended July 1 2009 after compiling 83% growth for the previous eight years.The residential stock covers a wide range, with million-dollar homes in gated, beachfront communities and more affordable residences inland.

There were 71 bank repossessions in May, according to RealtyTrac, and 229 foreclosure filings.

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