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2010-252A (05)
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2010-252A (05)
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Last modified
7/9/2020 4:34:36 PM
Creation date
10/5/2015 10:01:22 AM
Metadata
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Template:
Official Documents
Official Document Type
Report
Approved Date
10/12/2010
Control Number
2010-252A (5)
Agenda Item Number
10.A.3
Entity Name
Comprehensive Plan
Subject
EAR based Amendments 2030 Comprehensive Plan
Chapter 5 Economic Development Element
Supplemental fields
SmeadsoftID
13456
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Comprehensive Plan Economic Development Element <br />to obtain financing for new homes and made it difficult for people to sell their existing homes if they <br />desire to relocate. While the increase in housing affordability is an economic development potential <br />for the county, the financing issue constitutes a constraint. <br />Market Relationships/Access to Markets <br />One of the county's economic development constraints is its distance from large, economically <br />diverse metropolitan areas. Because of larger consumer markets and economic linkages, major <br />metropolitan areas provide economic development benefits for adjacent non -metropolitan counties. <br />Compared to other communities, such as Martin County, that are located adjacent to highly <br />populated urban markets, Indian River County is at a competitive disadvantage. Also, Indian River <br />County is not located near resources and supplies that might be utilized within various types of <br />industries (manufacturing, electronics, automotive, etc.) and does not have well established industry <br />clusters. <br />Transportation <br />In terms of transportation, Indian River County has various advantages. With its location at the <br />intersection of two major transportation routes, SR 60 and I-95, the county has good roadway <br />linkages both north/south and east/west. This is an economic potential for the county. <br />Within the county, the current road system operates at or above established levels of service. This is <br />important because highway accessibility has been ranked as an important site location factor by the <br />American Planning Association. <br />While public rail freight service is available in Indian River County, AMTRAK passenger service is <br />not available in the county. Although this is not likely to be a major factor in the short term, the lack <br />of passenger service may be a more important constraint in the long term. <br />In terms of aviation, Indian River County has challenges. While the City of Vero Beach has an <br />excellent airport, the lack of scheduled commercial air service at the Vero Beach Airport is an <br />economic development constraint. Consequently, the closest scheduled commercial air service for <br />county residents and businesses is the Melbourne International Airport, approximately 38 miles to <br />the north. <br />Through Indian River Transit's GoLine, the county provides limited mass transit services within the <br />county. This mass transit service is growing and providing more service each year; however, it does <br />not have headways as low as mass transit services in large metropolitan areas. This can be seen as a <br />constraint in that workers have to own a car or otherwise rely on someone with a car to get to work. <br />The intercoastal waterway provides Indian River County with a navigable waterway. <br />Community Development Department Indian River County 34 <br />
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