Brownfield Development

State of Florida - Redevelopment Incentive Program

State of Florida Department of Environmental Protection offers incentives to businesses that locate in designated Brownfield sites, which are underutilized industrial or commercial sites due to actual or perceived environmental contamination. The Brownfield Redevelopment Bonus Refund is available to encourage Brownfield redevelopment and job creation. Approved applicants receive tax refunds of up to $2,500 for each job created and are eligible for multiple financing options through a voluntary clean up program.

The property must go through a brownfield site designation process and the developer may need to enter into a brownfield site rehabilitation program agreement with the Florida Department of Environmental Protection.

This process can be started by understanding Pasco's Brownfield Redevelopment Program Policy.