contentsLeesburg FL Chamberads

Economic Development

The City of Leesburg enjoys a vibrant economic environment. We have been able to maintain the charm of a small town in our downtown area and still grow to provide the opportunities our residents want and deserve. Leesburg and Lake County's increasingly diversified economic bases position us well in terms of our long-range strength, relative to our neighbors and histories.

Leesburg’s workforce is stable and well diversified. Lake County’s Technical Center helps prepare students for employment in diverse fields, and provides specialized training geared to new and expanding businesses and industries on short notice. A total of five colleges have classes available nearby. In addition, city staff will coordinate with the local educational institutions to develop effective training programs for businesses that require this service.

The Leesburg area boasts flexible and efficient multi-modal transportation, making it easily accessible by air, sea and land. The designated Golden Seal Leesburg International Airport provides excellent services to business and leisure fliers, and hotels, restaurants and entertainment are conveniently located nearby.

Leesburg is Lake County’s most full-service city, providing staff to work with new and expanding businesses with needed incentives and financing opportunities. Lake County and the City of Leesburg both provide a Job Growth Investment Fund program that awards qualified businesses with financial assistance for each new job that pays above the county’s average annual wage. The city also offers impact-fee financing, deferral plan, ad valorem tax abatement and makes additional incentives available to significant projects on a case-by-case basis.

With the completion of Highway 441 on the east side of town and the booming residential area on Highway 27 on our south side of town, it makes for a pretty gateway into our city. The community has experienced an increase in residential development for seniors, condominiums, market-rate apartments and upscale housing.

The Leesburg area is located at a crossroads of geographic expansion as the retirement market continues to push from the north, while family households sustain the dominant market segment to the south. The factors that will influence future growth in this area are not dissimilar to the factors that are currently influencing growth in east central Florida.

This area has embraced both market segments, and as a result, has become one of the emerging economic submarkets in all of Central Florida. Recognizing these factors, and tempering them with the reality that Leesburg faces a geographic challenge when compared to other adjacent areas in attracting employees, it is projected that the Leesburg submarket will capture the following shares of county growth to 2025:

Population and Housing — 1/3 of county growth
Agriculture — 10%
Mining — 43%
Construction — 31%
Manufacturing — 44%
Transportation and Commuting — 39%
Wholesale Trade — 30%
Retail Trade — 30%
Finance, Insurance, etc. — 39%
Services — 45%
Government Wholesale Trade — 12%
Total — 36% of county growth

The city provides incentives, which are competitive with regional jurisdictions to encourage economic development. Leesburg demonstrates a business-friendly environment by financing water and wastewater impact fees for businesses that desire to build or expand their facilities. In addition to financing impact fees, the City of Leesburg offers ad valorem tax exemptions for new businesses and existing businesses that expand. Business Services

Leesburg’s workforce is stable and well diversified. Lake County’s Technical Center helps prepare students for employment in diverse fields and provides specialized training geared to new and expanding businesses and industries on short notice. A total of five colleges have classes available nearby. In addition, city staff will coordinate with the local educational institutions to develop effective training programs for businesses that require this service.The Leesburg area boasts flexible and efficient multi-modal transportation, making it easily accessible by air, sea and land. The designated Golden Seal Leesburg International Airport provides excellent services to business and leisure fliers, and hotels, restaurants and entertainment are conveniently located nearby.

Leesburg is Lake County’s most full-service city, providing staff to work with new and expanding businesses with needed incentives and financing opportunities. Lake County and the City of Leesburg both provide a Job Growth Investment Fund program that awards qualified businesses with financial assistance for each new job that pays above the county’s average annual wage. The city also offers impact-fee financing, deferral plan, ad valorem tax abatement and makes additional incentives available to significant projects on a case-by-case basis.

The Office of Economic Development maintains an inventory of commercial and industrial land and existing buildings. The database includes information on zoning, land and building costs, and availability of utilities. The City of Leesburg provides residents and businesses with a one-stop customer service department for all utilities (water, wastewater, gas, electric, solid waste and fiber optics). Leesburg Business and Technology Center created an incubator, it will eventually grow to help start up eight new companies. Please contact them through Economic Development and Housing.

If you are planning to relocate, desire site tours or need a liaison to help facilitate your new business development or expansion, please call the Leesburg Area Chamber of Commerce at (352) 787-2131, Fax: (352) 787-3985, e-mail: admin@leesburgchamber.com, website: www.leesburgchamber.com.

previous topic
next topic
Town Square Publications