Tampa Bay’s waterfront economy is not a new branding campaign. It is a working sector already employing tens of thousands of people in ports, shipping, defense, manufacturing, and related industries. Economic development officials now want to grow it further. The useful question is what actually produces the jobs.
Hillsborough, Pinellas, and Manatee counties already host about 4,200 businesses classified in the so-called blue economy. Those firms employ roughly 92,000 people, carry a combined payroll of about $3 billion, and generate more than $6 billion in GDP, according to figures cited by the Tampa Bay Economic Development Council. That is not a pilot program. It is an existing industrial base built around Port Tampa Bay, military installations, and companies that need water access, skilled labor, and reliable infrastructure.
One newer example is Seagate Space, a Tampa Bay company developing an offshore vessel that can both recover and launch rockets. Co-founder and CEO Michael Anderson said the firm is a little more than a year old and still in the prototype stage. The first section of a full-sized prototype is being built at Port Tampa. The company’s aim is to support orbital missions from the water — the first liquid-fueled, orbital-capable sea launch from U.S. shores since the early 2000s, Anderson said.
If the work scales, he said the company could need as many as 600 skilled manufacturing jobs in the area. That kind of number matters more than the label attached to it. Welders, machinists, marine technicians, and shipyard workers do not appear because a council adopts a strategic plan. They appear when a company has a product, a berth, and a reason to hire.
Craig Richard, president and CEO of the Tampa Bay Economic Development Council, noted the obvious historical point: cities have grown around ports for as long as there has been trade. Tampa is no exception. He listed the region’s real assets — the port, nearby military bases, and the university and college system — and said the council’s newest plan emphasizes a talent pipeline. “If we build the type of talent pipeline that the blue economy needs, companies will come,” Richard said. “That’s today’s economic development mantra. If we build it, they will come.”
The second half of that sentence is the part worth testing. Companies come when the labor, permitting, energy, and logistics work. Florida’s lack of a state income tax, its defense footprint, and a port that already handles cargo, fuel, vehicles, and cruise traffic are concrete advantages. A “blue economy” label does not replace them.
Other local groups are lining up behind the same sector. Tampa Bay Wave, a startup accelerator, is bringing in Blue Tech companies. St. Petersburg College recently highlighted programs tied to water-based industries. Those efforts can help if they train people for jobs that already exist or are about to exist — marine systems, manufacturing, logistics, and skilled trades — rather than treating the ocean as a theme for another round of grants and workshops.
The region already has the water, the port, the bases, and tens of thousands of people on payroll. The next increment of jobs will come from firms that can hire welders and technicians without waiting for a new slogan to catch on.
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Owen has also contributed to The Houston Chronicle, San Francisco Gate, AOL, BAM Magazine, Boss Magazine, and Tampa Bay Business Insider.
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