Economic Development

BIZARROW

Are you searching for the perfect location to open or move your business?  Downtown Boynton Beach is quickly becoming one of the hottest destinations in Palm Beach county for many reasons:

LOCATION!  Three major exits off of I-95

• LOCATION! Federal Highway is an 1/8 of a mile east from I-95, the closest in Palm Beach County

• LOCATION!  Conveniently located between Fort Lauderdale/ Hollywood International and Palm Beach International airports

• Numerous Financial Incentives

• Affordable land prices

• Favorable Land Use and Zoning Codes

• Speedy Site Plan and Building Permit approvals  

• Future Commuter Rail Stop planned for downtown area

• 4,000 Residential Units were added since 2005.  More residents = more customers!

 

GRANTS & INCENTIVE PROGRAMS

There are so many benefits to owning or opening a business in downtown Boynton Beach.  Let the CRA assist you with finding a new location and funding those much needed improvements through our economic development programs.   It’s time to “Breeze into Boynton,” and set up shop!

1. Commercial Construction Project Incentive Program: assists existing and/or new businesses with reimbursement of permitting costs associated with renovation of a commercial property or construction of a new commercial project.  Download the Commercial Construction Project Incentive Application HERE.

2. Commercial Rent Reimbursement Program: assists new and existing businesses during 
the first year of operation.  Download Rent Reimbursement Application HERE.

3. Commercial Façade Grant Program :
assists in exterior improvements. 
Download Commercial Facade Application HEREDownload Design Guidelines HERE.

4.Interior Build-Out Program: subsidizes the initial costs related to construction and interior finishings.  Download Interior Build-Out Application HERE.

5. Brownfield Redevelopment Bonus Program: available for commercial projects located on Federal Highway, Boynton Beach Boulevard, Martin Luther King Boulevard and the Industrial area and is based on job creation (up to $2,500 per job created in four years). Download Brownfield Redevelopment Bonus Program information HERE.

6. Special Events Grant Application - assists existing businesses and organizations in generating positive regional publicity for downtown Boynton Beach.  Download the application HERE.

FPL - Florida Power & Light wants to help your business succeed. Learn how to become their business partner and received discounted electric here. Gain a broad understanding of the labor force statistics, consumer spending, geography, demography and other important data in Boynton Beach.  www.poweringflorida.com

Florida Green Energy WorksPACE (Property Assessed Clean Energy) Financing Program facilitates funding for energy saving improvements for commercial properties.  Repayment is through the property tax bill over terms up to 20 years.  www.floridagreenenergyworks.com/finance-program

See What’s new in Boynton Beach’s Downtown Business Community:  Business Newsletter, Issue 1

For more information on CRA Grants and Incentive Programs, contact Tracy Smith-Coffey,
Business Development Specialist, at (561) 737-3256 x219. 
 

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