In addition to property adjacent to the best road, rail, water and utilities infrastructure, and an economic development tax abatement which is not restricted to manufacturing, Glades County also enjoys certain incentives based on its designation as a rural county.

Economic Development Tax Abatement

Glades County also offers a local option economic development tax abatement, which allows companies to apply to the Board of County Commissioners for an abatement of the county portion of projected ad valorem taxes from 10 percent to 100 percent for up to ten years, based on the number of jobs expected to be created, and the salaries associated with those jobs. Glades County’s commission may award the abatement for any new business which locates in the county, at their discretion. For an application, email This email address is being protected from spambots. You need JavaScript enabled to view it..

Foreign Trade Zone Status

Glades County is one of six counties in Florida’s Heartland Economic Region of Opportunity (FHERO)  region. As such, industrial properties in Glades County will enjoy free trade zone status under FTZ 215 as a usage driven FTZ site. Additional incentives including quick response training programs, may be available through the State of Florida.

 

Low overall operating costs

According to a recent economic analysis by Site Selection Group, businesses locating in Glades County will enjoy a 12 percent cost savings in overall operating costs versus the Central or South Florida Markets. For a copy of the report, email This email address is being protected from spambots. You need JavaScript enabled to view it.

 

And that’s not all…

 

     New Market Tax Credit census tract, allows businesses involved in manufacturing or other projects expanding in a rural community to qualify for a 39% federal income tax credit available over a  7-year compliance period.

       Contiguous with EB-5 Regional Center in Palm Beach County, making projects in Glades eligible for EB-5 investment – $500,000 in rural FL versus $1 million urban

       Impact fees have been waived indefinitely

 

US 27 Commercial & Main Street Waterfront Opportunities

  • In CRA redevelopment district with TIF financing available
  • Brownfields overlay
  • Water and sewer lines in place
  • City-owned property available for development
  • CRA plan, zoning and draft town code available

 

When you contact us concerning your company’s expansion or relocation plans, we will provide a custom-made response to your query, outlining the potential benefits to your company to be gained from siting your project in Glades County, subject to adjustment based on real costs going forward.


For a customized analysis of the various state and local incentives which might be available to your company if you consider expanding or relocating to Glades County, contact:

Tracy Whirls, Executive Director
Glades County Economic Development Council, Inc.
P.O. Box 1003
Moore Haven, FL 33471
Phone: (863) 946-0300
Fax: (863) 946-0777
Cell: (863) 227-2438
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.