PINELLAS COUNTY

The Ideal Business Climate in Tampa BaySt. 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

FLORIDA

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GULF OF MEXICO

TAMPABAY

Tarpon Springs

PalmHarbor

Dunedin

Oldsmar

SafetyHarbor

CLEARWATER

BelleairBelleair Shore BelleairBluffsBelleair Beach

Indian Rocks Beach

Indian Shores

Redington ShoresNorth Redington Beach

Redington BeachMadeira Beach ST. PETERSBURG

Gulfport

KennethCity

Treasure Island

St. Pete Beach

SouthPasadena

TO SARASOTA

TO TAMPA

Largo

Seminole

PinellasPark

GATEWAY AREA

Lealman

275

60

92

600

19

19

275

Community Redevelopment Areas (CRA)Opportunity Zones

Unincorporated County

KEY

Gulf of Mexico

AtlanticOcean

N

S

EW

Tampa

Orlando

Clearwater

St. Petersburg

Florida’sHigh TechCorridor

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500

About Pinellas County 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 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 sensible. Its extraordinary quality of life is matched only by Pinellas County’s Ideal Business Climate.

Population980,444

3 Fortune 500 Companies are headquartered in

Pinellas County

Labor Force507,589

Households439,047

Median Household Income

$51,512

COUNTY AT-A-GLANCE $218 billion gross regional product

Expected population growth from 4.1 million to 6 million by 2040

2.1 million labor force

46%

TAMPA BAY REGION

personal stateincome tax

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38CRAFT BREWERIES

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.

Living in Pinellas

588MILES OF

COASTLINE

23MUSEUMS & AQUARIUMS, INCLUDING

THE WORLD-RENOWNED SALVADOR DALI MUSEUM

48MARINAS

34MILE PINELLAS

TRAIL

42GOLF COURSES

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Chart Title

Ideal Business Climate

Florida’s 2nd Largestregional manufacturing

workforce

4,500+ Aerospaceregional manufacturing employees

$1 Billionin DoD contracts in Pinellas

Highest Concentration HQ jobs in Florida

Florida’s Largest regional tech hub

#1 in Floridafor pharmaceutical manufacturing

Manufacturing

Other ServicesInformation

Natural Resources, Mining and Construction

Government

Leisure and Hospitality

Education and Health Services

Financial Activities

Trade, Transportation and Utilities INDUSTRY FACTS

AND FIGURES 40,000 businesses in

Pinellas support a strong and diverse community

3%6%

7%

8%

9%

13%17%

18%

19%

Professional and Business Services

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.

2%

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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.

Tampa Bay Innovation CenterPinellas 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.

Talented Workforce

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%

45%45% of the region’s millennial degree holders specialize in science, engineering or related fields

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HIGHER EDUCATIONUniversity of South FloridaSt. Petersburg CollegeEckerd CollegeStetson University College of LawNova Southeastern UniversityUltimate Medical AcademyGalen College of NursingNational Aviation AcademyPinellas Technical College

Certificates

3,803

Undergraduate Graduate

24,574 4,828

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.

33,205Higher Education

Degrees awarded across the Tampa Bay Region from

2017 to 2018

Nova Southeastern University Tampa Bay Regional Campus in Clearwater

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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.

Planning for Prosperity

Pinellas County citizens have chosen to invest nearly $165 million of Penny for Pinellas sales tax dollars over the next decade to fund affordable housing and economic development. From 1990-2020, the Penny for Pinellas resulted in $3.5 billion in infrastructure investments in our community.

Examples of capital projects:

Roads, Bridges and Trails

Safe, Secure Community

Water Quality, Flood and Sewer Spill Prevention

Preserving Parks and the Environment

Community Vitality

In Effect Since 1990 Renewed for 2020 – 2030

1990 2000 2010 2020 2030

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Commercial Real EstatePinellas 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.

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The Communities of Pinellas

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 a once-in-a-generation chance to create new opportunities for growth, economic development and community enhancement.

ST. PETERSBURG

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.

GATEWAY

AIRCOAirco 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.

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Largo is located in central Pinellas with easy access to major transit corridors and offers thriving industrial and office markets. Investments in its redevelopment areas of West Bay Drive and Clearwater-Largo Road have led to a significant number of residential and commercial developments.

A major mixed-used project along West Bay Drive will bring new office, retail and residential uses downtown. U.S. Highway 19 offers prospects for high-rise office, hotel and residential development. The city is home to plentiful parks and offers extensive recreational activities and family events throughout the year.

Clearwater’s vibrant business community is buoyed by Clearwater Beach, which draws millions of visitors each year.

The City has embarked upon the Imagine Clearwater community vision, which will encourage private redevelopment of the downtown Clearwater waterfront. Downtown offers a wide variety of opportunities, including high-rise office space, mixed-use residential and retail space along the Cleveland Street District. Through its partnership with Clearwater Business SPARK – a network dedicated to small business development, entrepreneurship and innovation – the City provides access to business growth services and financing.

The U.S. 19 Corridor Redevelopment Plan will promote economic growth and jobs along U.S. Highway 19 in Clearwater by encouraging the creation of Class A office space, industrial sites and mixed-use development.

CLEARWATER

LARGO

Pinellas Park is known for its affordable land costs, as well as its excellent transportation access. It is already a major industrial employment center and home to many marine and manufacturing businesses. The U.S. Highway 19 corridor offers prime real estate for commercial, retail and mixed-use redevelopment projects. Pinellas Park also offers a variety of affordable lifestyle options for residents, including areas designated as equestrian communities.

PINELLAS PARK

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DUNEDIN

Famous for its historic sponge docks and Greek heritage, Tarpon Springs’ downtown area is flourishing with art galleries, antique shops, and historic neighborhoods. This working waterfront community offers strong advantages for the marine industry. Opportunities within this area include prime acreage for recreational and hotel development, as well as light industrial, marine, and mixed-use projects.

Seminole is a predominately residential community with robust commercial development. The city’s proximity to the beaches and major travel routes makes the area attractive for retailers and residents. Bay Pines Veterans Administration, a 330-acre campus directly adjacent to the city, serves nearly 100,000 patients annually, and the new Seminole City Center features a theater, shopping and dining options. Major thoroughfares like Park and Seminole Boulevards offer prime retail and mixed-use sites.

SEMINOLE

Dunedin is known for its quaint, artistic and active downtown. It provides a pedestrian-friendly environment for its residents, small boutique businesses, and visitors. The city boasts four miles of waterfront and a municipal marina. Dunedin is also home to the Toronto Blue Jays’ recently redeveloped spring training facility. Mixed-use developments in downtown Dunedin will bring to the area new office and retail space, condominiums, and restaurants.

TARPON SPRINGS

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Oldsmar’s strategic location supports hundreds of office and industrial businesses. Successful industry sectors in the city include information technology, manufacturing and aerospace. Bounded by the 8,500-acre Brooker Creek Preserve, 11 miles of trails connect 10 different parks. Oldsmar’s Town Center is a mixed-use project that is expected to include retail opportunities, hotels, a brewery, restaurants, green space and residences.

With tree-lined streets, Safety Harbor offers a walkable downtown, neighborhood shopping centers, and compact industrial zones. The downtown is anchored by the historic Safety Harbor Resort and Spa. Industries thriving within this area include healthcare and professional services. Safety Harbor’s Main Street offers a traditional setting for many small and mid-sized local businesses. The area provides opportunities for mixed-use projects, including specialty retail and restaurants.

SAFETY HARBOR

OLDSMAR

Gulfport’s waterfront community features a 13-acre beachfront park, unique restaurants, and an eclectic art scene. The city has invested heavily in its waterfront, as well as streetscape improvements in the 49th Street area. Gulfport’s proximity to I-275 offers convenient access for regional travel. Opportunities exist in the waterfront areas for mixed-use developments including retail, professional office space, and commercial uses.

GULFPORT

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LEALMANLealman offers significant opportunities for investment due to its established neighborhoods, connections to major roadways, and options for housing and commercial redevelopment. Joe’s Creek Industrial Park in Lealman provides space for manufacturing, distribution, machining and fabrication. The area is in close proximity to downtown St. Petersburg and home-grown entrepreneurial successes, such as Kahwa Coffee and Mother Kombucha, have found space for their growing operations in Lealman.

Historic Downtown Palm Harbor is a walkable community recognized for its ongoing revitalization efforts, convenient shopping and services. The area offers recreational pursuits, such as hiking, cycling and fishing. Infill redevelopment and mixed-use projects are encouraged with opportunities available downtown and along U.S. Highway 19.

Pinellas County ’s beaches are Florida’s premier tourism destination. The Gulf Boulevard corridor comprises eleven barrier island communities that boast a combined 35 miles of white sand beaches. With a mixture of recreational activities and tourism as industry anchors, there are opportunities for commercial and mixed-use development featuring retail, hotels, restaurants and residences.

From Clearwater Beach to Tierra Verde, ongoing redevelopment plans provide opportunities for

new hotels while preserving traditional lodging. The Madeira Beach Town Center, John’s Pass Village & Boardwalk and Treasure Island offer significant opportunities to invest in retail shops, restaurants, hotels, residences and marinas. In St. Pete Beach, the Corey Avenue District Plan will revitalize the historic main street and foster a more pedestrian-friendly downtown environment.

THE BEACHES

PALM HARBOR

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PCED.org | 727-464-7332 | @PinellasBiz The EpiCenter, 13805 58th Street North, Suite 1-200

Clearwater, Florida 33760

Pinellas County Economic Development (PCED) works with existing businesses to encourage expansion and seeks to attract new companies to Central Florida’s Gulf Coast. Through investment tools, professional courses and business counseling sessions, trade missions to open new markets, as well as local, regional and statewide partnerships, PCED fosters a pro-business climate in Pinellas County, Florida.

ECONOMIC DEVELOPMENT

WWW.PCED.ORG