Jacksonville Region Reaches All-Time High In Capital Investment

The Jacksonville region is ending 2023 in record fashion. Fueled by 18 projects announced and 2,500 jobs created, Northeast Florida has received $2.1 billion in capital investment during the year — this more than quadruples the private capital investments from 2022.

“The world continues to invest in the Jacksonville region,” said Aundra Wallace, president of JAXUSA Partnership. “These achievements underscore the region’s appeal as one of the most desirable business destinations globally.”

Jacksonville saw growth across a variety of industries in virtually every county of the region. Highlights from the year include:

These project wins are amplified by the announcement of the University of Florida’s new graduate campus in downtown Jacksonville — the campus will offer programs in medicine, business and engineering that will directly support the talent needs of companies in Northeast Florida.

“As much as we’re proud of what was accomplished in 2023, we’re even more excited about 2024 and beyond,” added Wallace. “The Jacksonville region has as much momentum as any place in the country in terms of business growth and investment. We continue to attract interest from all over the world because of our unique combination of infrastructure, business climate, talent and quality of life.  We have accomplished a lot, but we still have a long way to go to fully achieve our vision for the region.”