| Palm Coast is situated in the eastern portion of Flagler county,
which is located on the Atlantic Ocean, in the heart of
Northeast Florida, equidistant between the cities of
Jacksonville and Orlando. As of April 2002 the City of Palm
Coast had a population of 38,348 residents and covers an area of
approximately 50 square miles.
Developed by ITT Corporation, in 1969, the original
development plan encompasses 48,000 home sites on approximately
42,000 acres ( 65.62 square miles ) of the 68,000 acres owned by
ITT. Paved street and central water and sewer serve all lots
developed within the plan. An extensive water management system
was designed to replenish the area's water table, which includes
46 miles of freshwater canals and 23 miles of saltwater canals.
Industrial parks within the City currently house more than 30
mid to large size businesses with the largest corporation, Palm
Coast Data, employing close to 1,000 people. Flagler County has
had one of the highest rates of population growth in the United
States since 1990, according to the U.S. Bureau of the Census.
Further, the University of Florida's Bureau of Economic and
Business Research predicts Flagler County will experience one of
the highest job growth rates in Florida between 1995 and 2010. |