Worlds Largest Satellite Manufacturing Site Coming to the Space Coast

By
Real Estate Broker/Owner with Waves Realty BK3246853

Terran Orbital is building the worlds largest satellite manufacturing facility here on the Florida Space Coast! The company announced it chose the Space Coast because of the amazing "ready to work" talent that will allow the company to ramp up quickly. The 660,000 square foot factory will be capable of producing “thousands of different types of space vehicles per year,” including 1000 complete satellites and over 1 million satellite components per year, the company said in a statement.

The new facility will create about 2100 new jobs with the facility anchored in Merritt Island near the Kennedy Space Center. Below is a rendering of the facility plans:

This is another incredible coup for our great Governor Ron DeSantis! Terran Orbital will be investing over 300 million dollars into facility build out. The estimated annual salary of the 2100 jobs is about $85,000 per the Space Coast EDC.

For the longest time, the Space Coast was a place to shoot off rockets, today with the Blue Origin manufacturing facility, Embraer, and now Terran Orbital, the Space Coast is also turning into a manufacturing hub!

(photos: Terran Orbital)

If you have any questions about the Space Coast, Space Coast real estate or relocation do not hesitate to contact me at 321.223.6253 or Jeff@WavesRealtyFL.com 

 

Posted by

 

Jeffrey DiMuria

Waves Realty
Broker/Owner
2018 Melbourne Ct, suite 206
Melbourne, FL 32901

Phone: 321.223.6253         

e-mail:  Jeff@WavesRealtyFL.com 

Comments (10)

Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jeff, sure looks like you could be busy with more buyers house-hunting in your area!  

Oct 15, 2021 10:55 AM
Jeffrey DiMuria 321.223.6253 Waves Realty

I expect so Joan. Already crazy around these parts

Oct 15, 2021 11:54 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Jeff,

This is a wonderful for you in terms of selling real estate.  Where there are jobs people will flock.  Have a great weekend. A

Oct 15, 2021 12:22 PM
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is great news for the area economy. I hope you will have enough homes for all of the new employees.

Oct 15, 2021 12:59 PM
Jeffrey DiMuria 321.223.6253 Waves Realty

Roy, we do not have enough homes for the ones moving here now. Great point...yikes.

Oct 16, 2021 07:39 AM
Kathy Streib
Room Service Home Staging - Delray Beach, FL
Home Stager - Palm Beach County,FL -561-914-6224

HI Jeffrey- kudos to Governor DeSantis and the Space Coast!!!!!  Great weather and a great state to move a business to. 

Oct 15, 2021 08:36 PM
Jeffrey DiMuria 321.223.6253 Waves Realty

We truly have the best Governor in the USA. Forget what news media tells you, he puts Florida first!

Oct 16, 2021 07:40 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Hi Jeff... what a wonderful addition to the Space Coast! Not only will this bring jobs to the area, I'd bet they will be really good paying jobs... all of which will trickle down into the community.

Oct 16, 2021 04:24 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Jeffrey - this is good news for the Space Coast area of Florida.  Businesses like this should bring more attention, additional jobs and of course more people to the area. 

Oct 16, 2021 06:12 AM
Jeffrey DiMuria 321.223.6253 Waves Realty

Michael Jacobs ....now, if we could only figure out how to get them homes to live in...ugh...lol

Oct 16, 2021 07:41 AM
James Dray
Fathom Realty - Bentonville, AR
Exceptional Agents, Outstanding Results

Morning Jeffery,

2100 jobs means a possibility of new talent coming in, in turn it means they will be looking for housing.  I know you'll get your share.

Oct 17, 2021 01:11 AM
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Condo and Home Specialists

This looks like a terrific opportunity for you and your business. Should bring lots of new home buyers to the area.

Oct 19, 2021 01:37 PM
Laura Cerrano
Feng Shui Manhattan Long Island - Locust Valley, NY
Certified Feng Shui Expert, Speaker & Researcher

I always like to think about what satellite makers started out designing before they started on satellites. Satellites are such an important step tha I sometimes wonder what the first step was in the career of a satellite maker.

Oct 19, 2021 09:52 PM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Jeff, sure sounds like there will be no sleep for those who work hard for your clients!  

Oct 20, 2021 08:38 AM