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PASCO COUNTY, FL ---- Pasco County is seeking qualified applicants to propose site or shell building projects as part of a low interest economic development loan program to create improved sites, or build office, industrial, and/or flex-space buildings. The County is undertaking this initiative in an effort to meet the goal of stimulating the creation of over 100,000 jobs over the next 10 years and to create ready sites for a competitive economic development market.
The County wishes to encourage the improvement of property(ies) that are suitable for office and/or industrial uses by lending funds on favorable terms, lowering holding costs and reducing the typical risks associated with such ventures. The program, administered by Pasco County’s Office of Economic Growth, and funded through the Penny for Pasco program, consists of two alternatives: Pasco Accelerated Development Sites (PADS) and The Pasco Occupant-Ready Structure programs (PORS). Interested partners may apply for either program or both programs.