Business Opportunities & Investment Tools
One of the principal goals of redevelopment is to build long-term economic
vitality for the Pinellas community. To encourage business expansion and
high wage job growth, the Economic Development and Redevelopment Plan has
proposed a variety of investment tools and business incentives that complement
Competitive business incentives for companies creating high wage jobs act
as a catalyst for economic development efforts, facilitate a pro-business
climate and ensure a trained and diversified workforce. Pinellas County
has identified Brownfields Programs and Enterprise Zones as important components
of these efforts.
As the cost of construction rises, redevelopment of these existing commercial
sites using performance-based job creation incentives can benefit the environment
and encourage business expansion. The Brownfields Program is an essential
investment tool that allows Pinellas County to offer incentives to aid
businesses interested in joining Pinellas County's redevelopment efforts.
Enterprise Zones are geographic areas targeted for economic revitalization.
This program encourages environmental improvement and business reinvestment
to recreate economically and environmentally sound workplaces with significant
cost savings for employers. The Enterprise Zone program allows Pinellas
County companies to receive tax credits and financial incentives while
improving the quality of life for the county's citizens and business community.
High wage job creation, and recruiting companies with careers that pay
above average salaries in targeted industries, is a key component of economic
development and redevelopment. Targeted industry growth fuels research
projects, fosters high-tech industry growth and contributes to the county's
Pinellas County's redevelopment plan is essential to improving quality
of life and economic vitality. Creating high wage jobs, identifying areas
poised for economic reinvestment, and collaboration between businesses,
municipal partners, and citizens will ensure a sound redevelopment strategy.
For additional business incentive programs available to businesses interested
in locating or expanding in Pinellas County, please visit www.PCED.org.
For more information about Pinellas County's redevelopment efforts, visit: