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Pinellas County Florida

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Pinellas County Florida PINELLAS COUNTY FLORIDA The Ideal Business Climate in Tampa Bay St. Petersburg | Clearwater | Largo | Pinellas Park | Dunedin | Tarpon Springs Seminole | Safety Harbor | Oldsmar | Gulfport | South Pasadena | Kenneth City Belleair | Belleair Bluffs | The Beaches of Pinellas County Tarpon KEY Springs Community Redevelopment Areas (CRA) Opportunity Zones Palm Harbor Unincorporated County 19 Oldsmar Dunedin Safety Harbor GULF OF MEXICO CLEARWATER 60 Belleair Belleair ShoreBelleair Largo Belleair Beach Bluffs 275 19 Indian Rocks Beach GATEWAY TO TAMPA AREA 600 Pinellas Indian Shores Park Seminole Redington Shores 92 North Redington Beach Kenneth Lealman Redington Beach City Madeira Beach ST. PETERSBURG Atlantic Ocean Treasure Island South Pasadena TAMPA Gulf of Mexico Florida’s Gulfport Orlando High Tech BAY Clearwater Corridor Tampa St. Pete Beach 275 St. Petersburg TO SARASOTA N W E S 2 PCED.org About Pinellas County TAMPA BAY REGION Pinellas County is at the center of the robust Tampa Bay region, anchored by the cities of St. Petersburg and Clearwater. Attracted by the mild, sub-tropical climate and miles of white sand beaches, nearly 1 million people have made Pinellas County their home, and it is the 46% most popular tourist destination on the Gulf of Mexico. Pinellas County is supported by strategic development incentives and easily accessible resources, making expanding and relocating your business simple and Expected population growth sensible. Its extraordinary quality of life is matched only by Pinellas County’s Ideal Business Climate. from 4.1 million to 6 million by 2040 3 Fortune 500 Companies are headquartered in 2.1 million labor force 500Pinellas County COUNTY AT-A-GLANCE $218 billion gross regional product 980,444 507,589 Population Labor Force 439,047 $51,512 Households Median Household Income personal state income tax @PinellasBiz 3 Living in Pinellas Pinellas County offers an exceptional quality of life, from its award-winning beaches to its thriving downtowns. Its diverse communities offer a relatively low cost of living and a wide variety of housing options. Pinellas is home to esteemed colleges and universities, as well as outstanding cultural, recreational; and sports facilities, making Pinellas the ideal place to live, work, learn and play. 588 MILES OF COASTLINE 38 CRAFT BREWERIES 23 MUSEUMS & AQUARIUMS, INCLUDING THE WORLD-RENOWNED SALVADOR DALI MUSEUM 48 MARINAS 34 MILE PINELLAS TRAIL 42 GOLF COURSES 4 PCED.org Ideal Business Climate Fortune 500 corporate headquarters - Tech Data, Jabil and Raymond James – as well as entrepreneurial start- ups, small, medium, and large businesses call Pinellas County home. An extensive network of suppliers, service- providers and business associations support operations across our target industries, and entrepreneurs find numerous opportunities for expansion assistance. Relocating businesses and start-ups can expect immediate growth in Pinellas. Professional and Leisure and Hospitality Business Services 17% 13% Trade, Transportation 9% Government and Utilities 18% INDUSTRY FACTS AND FIGURES 40,000 businesses in Pinellas support a strong 8% and diverse community Manufacturing 7% 19% Financial Activities Education and 6% Health Services 2% 3% Natural Resources, Mining Chart Title Chart and Construction Information Other Services Florida’s 2nd Largest #1 in Florida Highest Concentration regional manufacturing for pharmaceutical manufacturing HQ jobs in Florida workforce $1 Billion Florida’s Largest 4,500+ Aerospace in DoD contracts in Pinellas regional tech hub regional manufacturing employees @PinellasBiz 5 Talented Workforce Pinellas County’s vibrant and diverse workforce provides excellent opportunities for employers seeking highly-trained and motivated employees. A strong educational pipeline supports the business community, advancing young workers directly into professional careers. Within the region, approximately 32% of the population holds a bachelor’s degree or higher and 11% holds a graduate degree. 45% of the region’s millennial degree holders specialize in science, engineering45% or related fields Fields of Degree by Age in Tampa Bay 25-39 years 40-64 years 65+ years Science and Engineering Related Fields 44.7% 42.9% 38.5% Business 23.9% 26.8% 20.3% Education 7.7% 10.7% 22.1% Arts, Humanities & Other 23.6% 19.5% 19.1% Tampa Bay Innovation Center Pinellas County will design and construct a 45,000 square-foot state-of-the-art business incubator in St. Petersburg to catalyze the formation of new technology and advanced manufacturing companies in the Tampa Bay Area. Services will include coaching, mentoring and educational opportunities, as well as access to investment and innovative programs designed for early-stage entrepreneurs. 6 PCED.org HIGHER EDUCATION University of South Florida St. Petersburg College Eckerd College Stetson University College of Law Nova Southeastern University Ultimate Medical Academy Galen College of Nursing National Aviation Academy Pinellas Technical College Nova Southeastern University Tampa Bay Regional Campus in Clearwater The new 27-acre Nova Southeastern University Tampa Bay Regional Campus in Clearwater houses the Dr. Kiran C. Patel College of Osteopathic Medicine and Dr. Pallavi Patel College of Health Care Sciences. The $200 million development was partially financed through a Pinellas County Industrial Revenue Bond (IRB). The campus will accommodate 2,000 students enrolled in programs that include occupational and physical therapy, clinical mental health counseling, nursing and psychology, as well as 150 students enrolled in the Doctor of Osteopathic Medicine program. Certificates Undergraduate Graduate 3,803 24,574 4,828 33,205 Higher Education Degrees awarded across the Tampa Bay Region from 2017 to 2018 @PinellasBiz 7 Planning for Prosperity As an established community, Pinellas County’s significant infrastructure is already in place, ready to support new and existing business growth. Regional transportation access is afforded by Interstate-275, two international airports and the largest port in Florida. The Penny for Pinellas sales tax funds the county’s long-term capital projects. Progressive planning for the future will foster high-quality redevelopment while enhancing the county’s quality of life. 1990 2000 2010 2020 2030 In Effect Since 1990 Renewed for 2020 – 2030 Examples of capital projects: Pinellas County citizens have chosen to invest nearly $165 million of Penny for Pinellas Safe, Secure Community Roads, Bridges sales tax dollars over the next Community Vitality and Trails decade to fund affordable housing and economic development. From 1990- 2020, the Penny for Pinellas Preserving Parks and Water Quality, Flood and resulted in $3.5 billion in the Environment Sewer Spill Prevention infrastructure investments in our community. 8 PCED.org Commercial Real Estate Pinellas is one of the more affordable Class-A office and industrial real estate markets in the country. From suburban business parks to downtown historic and infill projects, investors will find an impressive investment environment for mixed-use, office, industrial, tourism and retail/entertainment development. Whether you are seeking to open a small office or a large-scale industrial facility, the diversity of options within the county can meet the needs of your business. @PinellasBiz 9 The Communities of Pinellas GATEWAY With its central county location and excellent regional access, the Gateway area serves as the County’s premier employment center. The area is highly accessible to regional transportation assets including two international airports. The $500 million Gateway Expressway will create two 4-lane, elevated controlled- access roadways that will expedite travel between U.S. Highway 19 and Interstate 275. The most significant development prospects exist in the Gateway area, which is home to more than 114,000 employees and 7,700 businesses. Over the next 25 years, the Gateway Master Plan will implement an action- oriented redevelopment strategy to consider how transportation and land use can combine to support residents’ quality of life, create jobs, enable multi-modal connectivity and attract future investment throughout the region. AIRCO Airco is a nearly 131-acre planned redevelopment area within the St. Petersburg-Clearwater International Airport (PIE). The project will permit a future mix of aviation, commercial office and light manufacturing uses, with portions of the property allowing direct airside access. The southernmost 10 acres of the site will provide space for commercial uses, such as restaurant and hotel development. ST. PETERSBURG St. Petersburg is one of the top high- tech employment centers in the nation, fueled by a young, skilled workforce. The area features a unique mix of emerging sectors, like marine and life sciences, data analytics, financial services, and specialty manufacturing. A signature feature of downtown St. Petersburg, the St. Pete Pier includes the Pier Marketplace that showcases local products and services, in addition to an educational center, restaurants and designated recreation areas. The city’s land development regulations are designed to increase development intensity downtown, promote mixed- uses, and create multimodal transportation opportunities while preserving a high quality of place. Downtown offers prime sites for high-rise hotel, office, and residential projects. Midtown offers affordable industrial, residential, and commercial sites and is a priority for redevelopment. Tropicana Field offers
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