Pasco County has announced the receipt of a $3 million state grant to support the development of the Overpass Business Park.
The business park is intended to promote economic development in Pasco County.
The county received a grant for $3,088,580 from the Florida Job Growth Grant Fund, according to a news release from the county.
The grant will support the creation of the Overpass Business Park project.
At its completion, the project will be home to 2.2 million square feet of industrial and office development, and will support between 4,000 and 5,000 jobs, the news release says.
“Overpass Business Park represents another realization of Pasco County’s ongoing commitment to strategic, robust economic growth, and we sincerely thank the State for its partnership in moving this critical initiative forward,” Pasco County Economic Growth Manager David Engel said, in the release.
The 100-acre, shovel-ready economic development site overlooks Interstate 75 and is 1.5 miles north of State Road 54. It is just south of the proposed new connection at Overpass Road and I-75.
The project design is in its final stages.
By 2022-2023, the site improvements will be completed and Overpass Business Park will be ready for development, the release says.
The Florida Job Growth Grant Fund was established in 2017 by Gov. Rick Scott and the Florida Legislature. It provides $85 million for improving public infrastructure and enhancing workforce training in Florida, the release says.
For more information about the Pasco County Office of Economic Growth, visit bit.ly/PascoEconomicGrowth.
To stay abreast of the Overpass Business Park Project progress, visit bit.ly/OverpassBusinessPark.
Published January 30, 2019
