Economic development projects bring new jobs and $1.7 million investment to Kissimmee

 Mach1 Aviation LLC will invest $1.7 million to construct a new 30,000 square foot hangar at Kissimmee Gateway Airport that will offer maintenance and repair overhaul (MOR) service.

Two Qualified Target Industry (QTI) projects that will create high wage jobs in the area were announced during the City Commission meeting held on Oct. 15 – a new aerospace company that will invest  $1.7 million at the Kissimmee Gateway Airport and a medical practice that will expand its services within the Medical Arts District.

 Mach1 Aviation LLC will invest $1.7 million to construct a new 30,000 square foot hangar that will offer maintenance and repair overhaul (MOR) service. The location will also be home to a new helicopter dealership. The company is expecting to create 10 new jobs over the next three years that will result in an average company wage of more than $52,000 – which is 146 percent higher than Osceola County’s current median wage.

Additionally, this project also marks another milestone for the city of Kissimmee as Mach1 Aviation LLC will construct the first facility in the Kissimmee Gateway Airport’s Business Airpark.

 The City Commission also celebrated the expansion of VIP Family Practice, which will double its office space and create six additional medical jobs. This will bring the company’s average wage to nearly $60,000 – which is 167 percent higher than Osceola County’s current median wage.

“Traditionally, when medical practices expand, they tend to open up new offices in other areas; however, this expansion will not only grow much-needed service lines but these new medical jobs in our city,” said Belinda Kirkegard, Economic Development director.

VIP Family Practice is expanding within the Kissimmee Medical Arts District, which was designed to leverage the immense growth and create a hub of healthcare-related companies within the city.

For more information about the city of Kissimmee, visit www.kissimmee.org.