West Palm Beach April 2026

4 W E S T PA L M B E A C H | A P R I L 2 0 2 6 W all Street South®, an official economic development initiative launched by the Business Development Board, has evolved into a global innovation hub attracting the world’s most advanced technologies. The Palm Beaches are experiencing a new wave of economic growth as companies across technology, defense, finance, and nuclear energy choose the region for growth. The influx of new headquarters and expansions reflects a broader shift in the region’s economic profile—one increasingly defined by innovation, advanced industries, and high-wage job creation. The Business Development Board has directly worked to recruit new investment and facilitate local growth within these sectors. - Submitted by Kelly Smallridge, President and CEO, Business Development Board of Palm Beach County - FOR ADVANCED TECHNOLOGIES Global Companies Select the PalmBeaches BUSINESS PROFILE Together, these companies are expected to create nearly 1,000 high- skilled jobs, further strengthening Palm Beach County’s position as a growing center for industries shaping the future economy. Financial services firm Concorde Investment Services recently relocated its corporate headquarters from Michigan to Boca Raton, bringing 30 new jobs with an average annual salary of $89,095. The company is establishing its new office in a 9,000-square-foot space at 301 Yamato Road, reinforcing Boca Raton’s reputation as a destination for financial and professional services firms. In the defense and advanced technology sector, Blue Ops, the maritime division of Red Cat Holdings (Nasdaq: RCAT), has opened an 11,400-square-foot headquarters in Palm Beach County. Located at 1468 Skees Road, the facility will serve as an innovation center focused on advanced maritime defense systems and uncrewed surface vessels. The company expects to invest millions annually as it develops next-generation technologies supporting national security and maritime operations. Meanwhile, quantitative investment management firm Voloridge continues to deepen its long-term presence in the region. The company recently acquired property at Harbourside Place in Jupiter