In a move to encourage smart business growth in Pasco County, the Pasco Board of County Commissioners (BCC) voted unanimously to remove the light-industrial and target industry cap for businesses in the Central Pasco Employment Village area (CPEV) – opening the door for bigger businesses to set up shop in Pasco.
Removing these caps allows for more high-paying job creation opportunities in the CPEV and expands the potential amount of revenue flowing into Pasco’s General Fund, which supports public services and county projects.
“The removal of the cap on businesses will undoubtedly attract more businesses and more high-paying jobs to Pasco,” said BCC Chair Kathryn Starkey. “We’re all for smart growth involving businesses, and these new rules allow us to better plan for the future.”
CPEV was originally created to be a development driver for business growth, including supporting residential and retail land uses. Now, there is no limit on the size of businesses hoping to open – allowing that area of the county to fully achieve this policy objective.
“I’m thrilled we were able to change this policy to bring more outstanding jobs to the people of Pasco County,” said Commissioner Mike Moore. “If someone wants to bring high-paying jobs to our community in the Central Pasco Employment Village, they can, without worrying about entitlement caps. Working closer to home and spending more time with the family provides better quality of life. I appreciate everyone’s hard work in making this change happen.”
“We applaud the Pasco Board of County Commissioners for creating a culture that invites more industry and jobs,” said Pasco EDC President and CEO Bill Cronin. “We can truly say our local leaders provide a pro-business environment for the community and those looking to locate here in the future.”
To learn more about business resources in Pasco County, visit: bit.ly/PascoEconomicGrowth
Original source can be found here.
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