Economic Incentives

economicincent_thumbBelow is a list of the incentives and tools available to assist in structuring the capital requirements, mitigating the operating risk and enhancing the investment return of the development projects with the Riverfront Redevelopment. For more information, please visit the Fort Myers Economic Development Office website.

  • Public/Private partnerships
  • Publicly owned and maintained public spaces including parking
  • Property tax reduction or abatement
  • Tax increment finance district (TIF)
  • Federal and State New Market Tax Credits (NMTC)
  • Tax exempt Build America “facility” Bonds
  • Subordinated land leases

Other State incentives providing State corporate tax credits:

  • Enterprise Zone designation – facilitating employment tax credits and impact fee waiver
  • Brownfield designation – facilitating additional employment tax credits

Fort Myers Regional Partnership

From Bonita Springs to Cape Coral, Sanibel Island to The Beaches, ours is a county so committed to the growth and expansion of business that, in the past few years, we have been nationally recognized as:

  • Top mid-sized economic development hot spot (Expansion Management, 2008)
  • Fourth best business climate in the United States (Inc. Magazine, 2007)
  • One of the fastest growing metros (U.S. Census Bureau, 2005-2006)*

Along with our world-class beaches and year-round warm weather, affordable housing, experienced workforce and low corporate taxes, we've created a performance-based, $25-million business incentive program that may be available to you.

Lee County is focused on the future. Together, we mean business. For more information, please visit the Fort Myers Economic Development Office website.