Sarasota City Economic Development


Office of Economic Development

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1782 Dr. Martin Luther King, Jr. Way Sarasota, FL 34234


The Office of Economic Development promotes Citywide economic development through projects and initiatives, including those related to the Newtown Community Redevelopment Area, the St. Armand's Business Improvement District, the Downtown Business Improvement District, and the commercial districts of the City including Southside Village, the North Trail Cultural District, and greater Downtown including Burns Square, Rosemary, Towles Court, Fruitville Corridor, and the Payne Park-Government district. 

ST. ARMAND'S BUSINESS IMPROVEMENT DISTRICTDOWNTOWN IMPROVEMENT DISTRICTNEWTOWN COMMUNITY REDEVELOPMENT AREA

DEVELOPMENT REPORTING
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VISIT OUR INTERACTIVE MAP to explore development in the City
ECONOMIC DEVELOPMENT PROJECTS AND PROGRAMS
 PUBLIC/PRIVATE PROJECTSPLACEMAKING and CONNECTIVITY
Marian Anderson Place redevelopmentFruitville Road Redesign
St. Armand's Circle Public RestroomsN. Palm Avenue Improvements
Newtown Banking Facility2nd and 4th Street Bikeways 
Land AssemblageFredd Atkins Park
Janie's Garden Commercial Spaces FOR LEASEMain Street Improvements

Lemon Avenue Improvements
INCENTIVES and INVESTMENTS WORKFORCE DEVELOPMENT
Newtown Business Assistance Grant ProgramCEO (Community Entrepreneur Opportunity) 
Opportunity Zones Newtown Technical Skills Initiative
Miss Susie's Newtown Neighborhood KitchenNewtown Vocational Facility (in development)
EDAVTE (Econ. Dev. Ad Valorem Tax Exemption)HERT: Housing as an Economic Redevelopment Tool
HUB Zone and Enterprise ZoneNewtown Business Org/Marketing (in development)
 SOCIAL, RECREATIONAL, CULTURALPLANNING FOR ECONOMIC SUSTAINABILITY 
Title Repair Program "No Place Like Home"Newtown Community Redevelopment Plans
Historic Newtown: Projects, Programs, & PossibilitiesNorth Tamiami Trail
Newtown Historic Property Renovation ProgramDowntown Master Plan 2020

 CONTACT OUR TEAM
Steven StancelGeneral ManagerSteven.Stancel@SarasotaFL.gov941-316-8412
Onya BatesRedevelopment ManagerOnya.Bates@SarasotaFL.gov941-926-6149 
Susan DoddRedevelopment ManagerSusan.Dodd@SarasotaFL.gov941-926-6134
Rowena Elliott Redevelopment SpecialistRowena.Elliott@SarasotaFL.gov941-926-6003
John MoranOperations Manager, D.I.D. John.Moran@SarasotaFL.gov941-724-5578
Brandy Wiesner Operations Manager, B.I.D. Brandy.Wiesner@SarasotaFL.gov941-266-7599
 Jackie GiovannoneAdministrative Specialist   Jaclyn.Giovannone@SarasotaFL.gov 941-365-2200 




EDC Sarasota County

Economic Development
Corporation of Sarasota County


We’re excited to help you start, grow or relocate your business. If you’re ready to have a conversation, please call +1 941-309-1200.


Enterprise Florida

Changing the landscape of economic development in Florida

Enterprise Florida, Inc. (EFI) is a public-private partnership between Florida’s business and government leaders and is the principal economic development organization for Florida. EFI’s mission is to expand and diversify the state’s economy through job creation. In pursuit of its mission, EFI works closely with a statewide network of economic development partners and is funded both by the State of Florida and by private-sector businesses.
EFI’s activities have championed Florida as the premier location for business expansion and relocation, created a renewed interest both nationally and internationally in Florida as a top state for business, and resulted in a significant number of new jobs and capital investments.
Enterprise Florida recruits new business to the state, and works to retain and expand existing industry and business. EFI focuses its economic development efforts on a wide range of industry sectors, including aviation & aerospacelife sciencesinformation technologydefense & homeland securityclean energyfinancial & professional servicesmanufacturing and beyond.
EFI is the state’s primary entity for trade and export development supporting more than 60,000 Florida exporting businesses. The organization also supports small and minority businesses through its capital programs. Another key aspect of EFI’s responsibilities is the marketing and promotion of Florida as a premier business destination.





Opportunity Zones



"Four improvised areas of the City soon see long-term investment and job creation after being designated as “Qualified Opportunity Zones” under the federal Tax Cuts and Jobs Act of 2017, according to a release from the City of Sarasota."
"The program helps to revitalize low-income communities by providing tax advantages for private individuals and corporations who invest in an Opportunity Zone Fund. It encourages the private sector to reinvest capital gains from other investments into businesses and start-ups located in these Qualified Opportunity Zones, according to the release."
Poverty rates, family income, unemployment and other factors played a role in selecting the four zones in Sarasota.
For more information, visit SarasotaFL.gov or contact General Manager of Economic Development Steve Stancel at 941-316-8412.