West Palm Beach June 2026

W all Street South® is the official economic development initiative of the Business Development Board of the Palm Beaches. The Palm Beaches are no longer an emerging market — they are a force reshaping the future of American business. The latest Q1 2026 Economic Development Intelligence Report from the Business Development Board of the Palm Beaches confirms what CEOs, investors, and innovators already know: momentum here is accelerating at an extraordinary pace. With a staggering $125 billion county GDP and the highest average annual salary in Florida, the Palm Beaches have - Submitted by Kelly Smallridge, President and CEO, Business Development Board of Palm Beach County - Why the PalmBeaches Have Captured Corporate America’s Attention COMMUNITY become a magnet for elite talent, institutional capital, and industry- leading companies. Since 2010, total personal income has surged 162% to nearly $190 billion, while the workforce has expanded to more than 781,000 professionals. Palm Beach County now leads the entire state with a remarkable $4.9 billion net AGI gain — the largest of any Florida county. That economic firepower is fueling a wave of high-profile corporate relocations and expansions. In Q1 alone: • Ampera announced a 100,000-square-foot global headquarters for advanced nuclear energy in Palm Beach Gardens. • Ondas relocated its defense drone headquarters from Boston to West Palm Beach. • Wells Fargo established its wealth management headquarters in West Palm Beach. • Voloridge’s Jupiter expansion added two new properties and hundreds of high-tech jobs. 4 W E S T PA L M B E A C H | J U N E 2 0 2 6

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