The St. Lucie Board of County Commissioners believe that addressing the needs of new businesses and encouraging and assisting in the expansion of existing businesses fosters positive economic growth and produces healthy competition, creativity and innovation; which leads to healthy self-sustaining economies that thrive in recessions and withstand depressions. St. Lucie County continues to create economic development opportunities that yield long-term sustainability outcomes by implementing a variety of incentives for businesses that encompass one or more of the Targeted Industry categories and that produce above average employment opportunities and lead to the improvement in the quality of life for County residents.
Ad Valorem Tax Exemption Program
- Up to One Hundred Percent (100%) Exemption of the Assessed Value on Tangible and Personal Property, Including Added Value
The Economic Development Ad Valorem Tax Exemption Program is a local tax incentive option designed to assist economic development by exempting certain property taxes for new or expanding businesses who will have positive impacts on the County’s economy. This incentive is granted at the sole discretion of the Board of County Commissioners to “Qualified Targeted Industry” Businesses.
Impact Fee Mitigation
- One Hundred Percent (100%) Impact Fee Mitigation
The Impact Fee Mitigation Program is a local incentive program designed to mitigate any real or perceived disadvantages occurring from the imposition of impact fees. This incentive is granted at the sole discretion of the Board of County Commissioners to “Qualified Targeted Industry” Businesses.
Job Growth Investment Grant (JGIG)
- Grant (including bonuses) up to $1,500,000.00
The Job Growth Investment Grant (JGIG) is a local incentive program designed to either encourage existing businesses to expand or new businesses to enter St. Lucie County in order to create new high quality employment opportunities for the residents of St. Lucie County. This incentive is granted by the Board of County Commissioners to “Qualified Targeted Industry” Businesses.
Peter Jones, AICP, Business Navigator
2300 Virginia Ave
Fort Pierce, FL 34982