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Employment Sites Program
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Penny IV Affordable Housing and Economic Development Program Guidelines

Application Checklist

Process for the Program

Locational Criteria Map 


Contact:
Teresa Brydon
Pinellas County Economic Development
13805 58th St, N, Clearwater, FL 33760
Phone: (727) 464-8399
Email:  TBrydon@pinellascounty.org


 

Economic Development Capital Project Funds

Under the Penny IV Economic Development Program, the County will provide funds for strategic investment in economic development capital projects to address identified challenges which prevent or limit economically beneficial real estate (re)development from occurring. The goal of the County is to facilitate a strong and robust local economy that provides growth opportunities for existing businesses and attracts new target industry employers to Pinellas County.

The program anticipates dispersing approximately $83 million in funding over the next ten years.  There is no minimum or maximum assistance size thresholds for the Economic Development program.  Eligible projects include the construction, expansion or rehabilitation of office and industrial buildings, site-readiness projects, and public infrastructure projects. Mixed-use projects are eligible to apply to the Economic Development Program but awarded funding must be utilized only for the office and/or industrial space(s) that meet criteria related to the building/floorplate, geographic location, and other considerations in order to attract target industry tenants.

The first round of funding will focus on new construction, expansion and/or rehabilitation of Office and Industrial buildings. Project expenditures can include all allowed capital expenditures related to development (land acquisition, site preparation, infrastructure development, vertical construction, and others). Applications will be accepted from private, non-profit, and/or public development entities that demonstrate the capacity to successfully develop, market and manage the proposed project in accordance with all local, county, state and federal laws and guidelines.

Applicants will be required to pay a Due Diligence Fee to a third-party project reviewer following the approval of a project by the Board of County Commissioners.

All potential applicants for the Employment Sites Program are required to have a pre-application meeting with Pinellas County Economic Development staff.  Please contact staff to set up an appointment.  

        

Maps

Item Name Posted By Date Posted
Municipalities and Unincorporated Areas PDF (5.07 MB) Administration 6/18/2015
Truck Routes PDF (770.2 KB) Administration 6/18/2015
Rail Lines PDF (654.18 KB) Administration 6/18/2015
Locator Map PDF (205.11 KB) Administration 6/18/2015
Community Redevelopment Areas PDF (3.58 MB) Administration 6/18/2015
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