FY 2026 Adopted Budget - Flipbook - Page 53
Eustis Market, and Chris’ Place.
¾
Over the past several years, new commercial development has occurred along US Hwy 441,
N SR 19, and other areas of the City; plans for retail centers on US 441 have been submitted;
interest in Eustis for the new development has increased.
¾ Development Services will continue to work with the Economic Development Division to
become more economic development-focused and business-friendly, including economic
development and new construction incentive programs.
5. Expand post-secondary educational opportunities within the City.
¾ Coordinate and partner with Lake Technical College/Center for Advanced Manufacturing:
x
Lake Technical College opened the Center for Advanced Manufacturing.
x
The UCF/Eustis Business Incubator opened in August of 2023 to provide programs and
services to startup businesses. It is housed in the MEGA Workplace building, which offers
low-cost office space and business amenities, e.g. conference room availability.
x
The City donated land to Lake Sumter State College for the establishment of a new CDL
Utility Line Worker Training Facility. A preliminary Site Plan has been developed.
6. Develop eco-tourism.
¾ Develop partnerships with local businesses to provide goods and services at City events.
¾ Partner with Trout Lake Nature Center.
¾ Connect to a more extensive area trail system.
¾ Add guided kayak tours of local waters.
¾ Extend the watercraft rentals franchise agreement.
¾ Provide Planning/Feasibility Study trails application to MPO.
¾ The City Commission approved an interlocal agreement with Lake County, Tavares, and
Umatilla to work cooperatively on the North Lake Trail. In addition, the City has tentatively
budgeted $50,000 in FY 2024/25 for the City’s portion of a feasibility study.
7. Support economic development throughout the entire City, as opposed to creating area
specific incentives.
¾ Development Services will work with the Economic Development Division to become more
development focused and business friendly, including economic development and new
construction incentive programs.
9. Support education initiatives that promote job growth.
¾ Support local K-12 school programs.
¾ Support Lake Technical College.
¾ Partner with Lake County’s Office of Economic Development and Workforce Development.
¾ The City has members on the EHS Construction Academy Advisors Board.
¾ The City is working with Lake Technical College to expand job training opportunities.
¾ Lake Sumter State college CDL and line worker training facility.
Actions
1. Develop criteria for identifying critical existing businesses and continue meeting regularly
with those businesses to determine how the City can support their growth and expansion.
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