Titusville: Infrastructure Drives Economic Growth & Expansion

Titusville is attracting businesses and encouraging economic development by highlighting its prime location and infrastructure. The city connects directly to Interstate 95, Port Canaveral, Orlando International Airport and Kennedy Space Center, offering access to regional and national transportation networks.

The city provides business-class infrastructure and ready-to-develop sites. A civilian labor force of over 290,000 individuals is available in the region, according to the U.S. Bureau of Labor statistics from February 2025. The cost of living in Titusville is approximately 4% below the national average, according to Areavibes.com.

Titusville's economy includes aerospace, advanced manufacturing, headquarters operations and technology. The city promotes its strengths in these sectors, emphasizing its proximity to NASA and SpaceX. Emerging industries like drone logistics, renewable energy and next-generation composites are also developing, supported by scalable infrastructure and streamlined permitting.

Several major development projects are underway. Lockheed Martin will expand its operations with a new 225,000-square-foot facility, anticipating the creation of 300 jobs. A $240 million project will redevelop the former Sears site into apartments and retail spaces. The Space Coast Regional Airport will receive $5.8 million in state funding for infrastructure improvements, including a new access road to Space Coast Innovation Park, which is projected to support more than 900 jobs.