Welcome to Clearwater Florida's NEW downtown - the Cleveland Street District!

Business Owners

It’s the Right Time to Do Business in Downtown Clearwater!

If your business is looking for a new home, you’ll find that downtown Clearwater, including the Cleveland Street District, is much more than a tourist destination. The city has a variety of incentive and credit programs that can help to offset start-up costs, improve existing storefronts, develop mixed-use projects, and even clean up properties for reuse.

A Few Reasons to Do Business Here

There are currently 438 residences, 300 hotel rooms and 44,000 square feet of new retail space under construction in and around the Cleveland Street District.

Affluent communities such as Island Estates, Harbor Oaks, and Sand Key border the Downtown district to the north, south, and west. These communities are home to 13,490 shoppers, whose closest luxury retail destination is International Plaza, up to 38 minutes away. In addition:

  • 253,963 people live in a five-mile radius
  • Median household income is $74,617
  • 1.8 million tourists visit each year
  • Average stay is 8 nights
  • Available space ranges from 1,800 square feet to 10,000 square feet
  • Leases range from $12 per square foot to $30 per square foot

City Incentives

City incentives include a retail and restaurant recruitment grant for build out (business must show it has been in operation for a minimum of one year), facade improvements, and sidewalk furniture. In some cases, there are sales tax rebates available for equipment.

Visit the Economic Development Department website