Economic Development Overview City of Ocala, Revitalization Strategies Department Lake County Commission Tavares, Florida ...
Introduction: <ul><ul><li>Economic Development within Ocala-Marion County is provided in partnership between the City of O...
Our Goal: Economic Sustainability Page     How is Economic Sustainability Approached? Sustainable Strategies <ul><li>Busi...
Our Goal: Economic Sustainability Page     Marion County City of Ocala Private Sector Our Partners How is Economic Sustai...
Community Redevelopment Page     Where’s Ocala’s CRA?
Current Projects <ul><ul><li>Beck Phase 1 Feasibility Analysis Study  </li></ul></ul><ul><ul><li>Four level, 400 spaces </...
Current Projects Page     Parking Garage Continued:
Current Projects <ul><ul><li>White-Challis agreement  2-1-11 </li></ul></ul><ul><ul><li>Two blocks, four phases </li></ul>...
Current Projects Page     Redevelopment Continued:
Page     ? Placeholder, enter your own text here Do You Have  Any Questions? ? ?
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Ocala economic development overview

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Ocala economic development overview

  1. 1. Economic Development Overview City of Ocala, Revitalization Strategies Department Lake County Commission Tavares, Florida February 28, 2012
  2. 2. Introduction: <ul><ul><li>Economic Development within Ocala-Marion County is provided in partnership between the City of Ocala, the EDC, and the County. </li></ul></ul><ul><ul><li>The Department is responsible for coordinating the City’s participation in the partnership. </li></ul></ul><ul><ul><li>The Department coordinates citywide economic development activities in accord with the City’s Economic Development Plan and facilitates investment decisions through the Economic Investment Program. . </li></ul></ul><ul><ul><li>The Department also facilitates airport non-aviation development, the enterprise zone, community redevelopment area(s), and downtown redevelopment. </li></ul></ul>Page  Revitalization Strategies Department:
  3. 3. Our Goal: Economic Sustainability Page  How is Economic Sustainability Approached? Sustainable Strategies <ul><li>Business Diversification </li></ul><ul><li>Infrastructure Investment </li></ul><ul><li>Education and Training </li></ul><ul><li>Competitive Utility - Tax Rates </li></ul><ul><li>Other </li></ul>Strategic Locations <ul><li>Community Redevelopment Area </li></ul><ul><li>Brownsfield Area </li></ul><ul><li>Enterprise Zone </li></ul><ul><li>Business Park Development </li></ul><ul><li>Other </li></ul><ul><li>Manufacturing </li></ul><ul><li>Distribution </li></ul><ul><li>Wholesale - Commercial </li></ul><ul><li>Professional Office </li></ul>Target Industries <ul><li>EIP </li></ul><ul><li>Façade Grants </li></ul><ul><li>Electric Tax Exemption </li></ul><ul><li>Expedited Permitting </li></ul><ul><li>Other </li></ul>Action Plan Toolbox <ul><li>Immediate, Intermediate, and Long-Term Projects </li></ul>Adopted City Plan and County Element supporting: 1 3 2 4 5 Step 1 Step 2 Step 3 Step 4 Step 5
  4. 4. Our Goal: Economic Sustainability Page  Marion County City of Ocala Private Sector Our Partners How is Economic Sustainability Achieved? Step 6 Partnership <ul><li>Ocala-Marion EDC </li></ul><ul><li>Chamber of Commerce </li></ul><ul><li>Heart of Florida </li></ul><ul><li>Enterprise Florida </li></ul><ul><li>Office of Tourism, Trade, and Economic Development </li></ul><ul><li>CLM Workforce Connection </li></ul><ul><li>Developers </li></ul><ul><li>Businesses </li></ul><ul><li>Property Owners </li></ul><ul><li>Financial Institutions </li></ul><ul><li>Consultants/Brokers </li></ul>Jobs <ul><li>Citizens </li></ul><ul><li>City Council </li></ul><ul><li>City Management </li></ul><ul><li>Revitalization Strategies </li></ul><ul><li>Citizens </li></ul><ul><li>County Commission </li></ul><ul><li>County Administration </li></ul><ul><li>Office of Economic and Small Business Development </li></ul>
  5. 5. Community Redevelopment Page  Where’s Ocala’s CRA?
  6. 6. Current Projects <ul><ul><li>Beck Phase 1 Feasibility Analysis Study </li></ul></ul><ul><ul><li>Four level, 400 spaces </li></ul></ul><ul><ul><li>Approximate Cost: </li></ul></ul><ul><ul><li>Phase 1 $130,000 </li></ul></ul><ul><ul><li>Phase 2 $500,000 </li></ul></ul><ul><ul><li>Phase 3 $7,500,000 </li></ul></ul>Page  Downtown Parking Garage:
  7. 7. Current Projects Page  Parking Garage Continued:
  8. 8. Current Projects <ul><ul><li>White-Challis agreement 2-1-11 </li></ul></ul><ul><ul><li>Two blocks, four phases </li></ul></ul><ul><ul><li>Approximate Cost: </li></ul></ul><ul><ul><li>Wright $2,024,000 </li></ul></ul><ul><ul><li>Millworks $1,760,000 </li></ul></ul><ul><ul><li>H&L Co. $3,040,000 </li></ul></ul><ul><ul><li>F&B $3,336,000 </li></ul></ul>Page  Downtown Redevelopment:
  9. 9. Current Projects Page  Redevelopment Continued:
  10. 10. Page  ? Placeholder, enter your own text here Do You Have Any Questions? ? ?

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