Funds will support road infrastructure for direct access from Space Coast Innovation Park to Space Coast Regional Airport
VIDEO ABOVE: Governor DeSantis announces more than $5.8 million for infrastructure improvements at Space Coast Regional Airport.
BREVARD COUNTY • TITUSVILLE, FLORIDA – Governor Ron DeSantis has awarded the Titusville-Cocoa Airport Authority more than $5.8 million from the Florida Job Growth Grant Fund (JGGF).
The funding will support road infrastructure by providing direct access from Space Coast Innovation Park to Space Coast Regional Airport.
The JGGF award will help expand business opportunities at the park and is expected to create more than 900 jobs.
“Florida is the space capital of the country,” said Governor Ron DeSantis.
“Titusville and the surrounding communities will benefit from these high-demand, well-paying jobs that will contribute to a stronger economy for families along the Space Coast.”
“It was great to be in Titusville today to commit $5.8 million to the Titusville-Cocoa Airport Authority. This investment through the Florida Job Growth Grant Fund will create over 900 jobs by providing direct access from the Space Coast Innovation Park to the Space Coast Regional Airport.
“Florida is the space capital of the nation and the entire Space Coast will benefit from these infrastructure improvements. As the Space Coast continues to grow and attract new people, this investment will provide families and residents with greater economic opportunities and improve access to a major regional airport,” added Governor DeSantis.
“Under the Governor’s leadership, Florida continues to invest strategically and purposefully in the aerospace industry across our state,” said Secretary of Commerce J. Alex Kelly. “Today’s award is a great example of how such strategic support helps these industries gain a foothold in communities that have a vision to create a modern, high-wage, high-demand ecosystem.”
The JGGF will fund the construction of a 3,200-foot road to provide direct access from the three-phase Space Coast Innovation Park development project to the Space Coast Regional Airport.
The Space Coast Innovation Park will house up to seven commercial buildings with a total of 1.4 million square meters of industrial space.
The project is expected to have a positive financial impact of over $24.6 million.
The Florida Job Growth Grant Fund is an economic development program designed to support public infrastructure and job training throughout the state.
Proposals will be reviewed by FloridaCommerce and selected by Governor DeSantis to meet workforce or infrastructure needs in communities across the state.
Click here for more information about the Job Growth Grant Fund.
