Melbourne, Florida – Aerospace Hub
Centered on Florida’s thriving Space Coast, just south of the Kennedy Space Center, the city of Melbourne, population 82,011, is the location of more than a dozen aerospace and defense contractors, among them branches of Northrop Grumman, Rockwell Collins, Raytheon, Boeing, and United Launch Alliance. These are major, world-class employers, continually creating well-paying technology jobs for the local economy.
The largest of the aerospace employers in the area is Harris Corporation, a company with sales of $6.2 billion that has 17,500 employees worldwide. 6,600 of them are in Florida’s Brevard County, where Harris makes its headquarters in Melbourne. The company’s website describes the range of its capabilities, which are indicative of the skills held by the region’s workers: “From ocean to orbit and everywhere in between, Harris provides mission-critical solutions to connect, inform and protect the world. Harris is a proven leader in tactical communications, electronic warfare, avionics, air traffic management, space and intelligence, and weather solutions.”
7,900 of Harris’s people are scientists and engineers. An impressive example of their value is the fact that Harris has provided navigation technology on every U.S. GPS satellite, resulting in the equivalent of 800 years of failure-free in-orbit operations.
Such facts add substance to the talk that the Space Coast is the next Silicon Valley. The prospect becomes more probable when one factors in the cost-of-living difference. What scientist or engineer wouldn’t rather pay the median price of $184,300 for a home in Melbourne than try to afford one in Palo Alto where the median is $2.3 million? They can settle themselves in surroundings that have the amenities of California – the year ‘round golf and tennis and beach walks – without being hostage to the bank.
Other companies with operations on the Space Coast include General Electric, Lockheed Martin, SpaceX, Satcom Direct, BAE Systems and many others, space related and otherwise.
The otherwise, of course, includes tourism. The Kennedy Space Center is a major draw, one of the most compelling in America. Over 100,000 people converged there on February 6, 2018, to watch the launch of the SpaceX Falcon Heavy, which carried a Tesla Roadster belonging to SpaceX founder Elon Musk as a test payload. It stands to reason that with all those watchers the local hospitality businesses did a brisk trade. Not that the area, with its boating and fishing and balmy days, doesn’t keep folks coming all the time.
It’s because of all of this that Live in America EB-5 is excited about its investment in the planned Hotel Melby, a Tapestry Collection by Hilton in amiable Melbourne. We would be pleased to share with EB-5 investors who are looking to relocate to the United States what we found especially appealing about the project and Melbourne itself. An EB-5 investment in a qualified project like Hotel Melby can initiate a process that will quickly and efficiently result in green cards for the foreign-born investor and his or her family.
If you have questions about how to proceed with the EB-5 process, or would like more information about Melbourne and the business opportunities and amenable lifestyle to be found there, send us an email at: