1. Competitive Sites and Redevelopment Programs
FGCAR Luncheon
July 21, Eric Lindstrom, Competitive Sites Manager Hillsborough County

2. Economic Development Strategic Environment
Protect competitive sites for future job creation
Redevelop declining commercial and industrial areas
Structure mobility fee to incentivize economic objectives
Improve regulatory impediments
Link infrastructure spending to private capital investment
Provide certainty for development industry

3. Competitive Sites Overview
Established nexus between Future Land Use, Transportation and Economic Development
Established nexus between competitive sites, workforce and targeted industry
Analyzed and inventoried sites to determine countywide (including municipalities) potential office and industrial development
Developed GIS database of Competitive Sites that can drive job creation and private investment in the County
Developed incentives to induce property owners to hold for office/industrial development
Next Step is to market Competitive Sites through EDC and private real estate community

4. Competitive Sites Selection Criteria
Location of Site (inside Urban Service boundary)
Size of Site (12 developable acres or >)
Office/Industrial Entitlements 100,000 sf and >
Manageable Transportation Capacity
Manageable Utility Capacity
Manageable Environmental Constraints

6. Competitive Sites Incentives Property Owner Incentives for Maintaining
Financial
Mobility Fee Buydown Incentive Program
Regulatory
Expedited Permitting
Predictable and timely permitting process
EPC/EDD MOU
Early EPC wetlands survey and delineation assistance and prioritization of project

7. Redevelopment Overview
Focus on the distressed areas of our commercial office/ industrial / manufacturing buildings and built environment in need of restoration or revitalization
Defined program strategy that will engage private capital and stabilize/grow tax base
Collaborative synergy with transportation improvements and other infrastructure
Emphasized BOCC message that we are committed to addressing formerly developed areas that are in need of reinvestment

8. Redevelopment Pilot Area Selection Criteria
Defined as any census block group that meets HUD’s low to moderate income criteria and is located inside the Urban Service Area boundary
Focused on office and industrial job creation redevelopment opportunities (not retail/not residential)
Focused on sites in which the land values are at least 50% of the total just value or greater
Primarily requires a private sector partner to engage in the redevelopment activity (not solely a public sector effort)

14. Redevelopment Incentives Permitting Assistance
Expedited Site Development Construction Plan Review Program
Not to exceed 10 working days
Permit / Impact Fee Waiver Program
50% of total fees up to $50,000
Mobility Fee Offset Incentive Program
75% of fees assessed; 100% if targeted industry

15. Redevelopment Incentives Office/Industrial Building Site Assistance
Demolition of Distressed Structures Program
50% of total costs up to $100,000
Infrastructure Assistance Program
50% of construction costs up to $100,000
(Brownfield) Contaminated Site Remediation
Up to $15,000 for Phase II site Assessment
50% of total RAP and clean-up costs up to $50,000

16. Redevelopment Incentives Office/Industrial Building Site Assistance
Exterior Improvement Program
50% of total costs up to $100,000
Interior Improvement Program
50% of total costs up to $80,000

17. Redevelopment Incentives Corporate Industry Attraction and Retention
Catalyst Project Incentive Program
10% of total costs up to $500,000
New Construction
Renovation / Addition

18. Redevelopment Incentives Small Business Development and Expansion
Small Business Facade Program
50% of total costs and fees up to $50,000

19. Marketing Efforts Leveraging Partners
EDD is working with the Tampa Hillsborough EDC to inventory and market sites through national, regional and local entities such as Florida Office of Economic Opportunity, Enterprise Florida, NAIOP, FGCAR, etc.
Dissemination of information will be through web-based map platform which link the visitor to the GIS section where they can search for competitive sites
Develop and distribute a Competitive Sites overview piece that can be used in conversations with site selectors, prospects and other key decision makers
Incorporate Competitive Sites briefs, stories, blurbs, etc. into normal e-news, informational updates, on the website, etc.

20. Real Estate Industry Input and Assistance
Identification of new sites that meet the criteria
Additional information on and development readiness of already identified sites
Usability of incentive programs and impact on decision making