HealthPlan Bringing 1,000 New Jobs to Tampa

MIAMI—HealthPlan Services (HPS), a technology, sales, retention and administrative services provider for the insurance and managed care markets, is expanding its offices in Tampa. The project will create more than 1,000 jobs and result in a $34.4 million capital investment in Hillsborough County.

“In our search to determine where HPS would expand, we evaluated several states that had strong attributes,” says Jeff Bak, HPS president and CEO. The new project includes a new state-of-the-art 95,689-square-foot facility.

Chad Rupp, managing director of Jones Lang LaSalle's Central Florida business, represented HPS in the office expansion with JLL's Anne-Marie Woessner-Collins, who structured the tenant's economic incentive package in collaboration with the local and state government. Mercedes Angell and Jeff Lanning of Cushman & Wakefield represented the property's owner, Penn-Florida. Financial terms of the lease were not disclosed.

“We have been working with HealthPlan Services since January to find an adequate space and to structure the incentive package that will bring its newest facility here to Tampa, furthering cementing Tampa's position as a hub for the health care and insurance industries,” says Rupp. “HealthPlan's decision to expand its presence in Tampa will strengthen the local office market, as it represents the demand for additional office space and the creation of hundreds of more jobs.”

Most of the nation's leading financial and professional services companies have established large operations in Florida to take advantage of its global connectivity, experienced workforce and favorable business climate. Nearly 90% of Florida's gross economic output is generated in the service sector. Florida firms in fields such as accounting, architecture, consulting, engineering, legal services and others represent the state's 4th largest industry, with 12.5% of the state GDP.

“Florida's economic turnaround continues and today's announcement is proof that our efforts to make Florida the top state in the nation for business and families are paying off,” says Florida Governor Rick Scott. “From the creation of nearly 370,000 private-sector jobs, to an unemployment rate below the national average and paying down more than $6 billion in debt since December 2010, IT'S WORKING in Florida.”