Sarasota, FL (PRWEB) July 03, 2011
Mark Huey, the new president and CEO of the Economic Development Corporation of Sarasota County (EDC), began serving in the position today. Formerly the economic and urban development administrator for the City of Tampa, Huey assumes the EDC executive post following Kathy Baylis’ retirement.
The EDC of Sarasota County is the private, not-for-profit corporation leading the community’s economic development strategy to add high-wage jobs and diversify the local economy. The EDC provides business assistance to companies in Sarasota County and helps forge solutions to community challenges that affect quality of life. The EDC works in partnership with chambers of commerce, local governments and other organizations throughout the county and the region.
“We’re all aware of the economic challenges facing communities, and the highly competitive atmosphere for recruiting and growing businesses and jobs,” Huey said. “I believe Sarasota County is well-positioned to gain economic momentum. We will build on the excellent work the EDC and its many partners, investors and volunteers have already devoted to creating a more diverse economy. Through creativity, diligence and collaboration, we can accelerate results from those efforts.”
In his previous post, Huey was primarily responsible for Tampa’s community redevelopment and job recruitment and retention. At various times he also provided oversight for the convention center, affordable housing, land use and zoning, permitting, real estate, historic preservation, small business/minority business development, and the arts. Huey led all major relocation and expansion incentive agreements relating to jobs and capital investment including Depository Trust and Clearing Corporation, M2GEN (Moffitt Cancer Center/ Merck Pharmaceutical joint venture), IKEA, and University of South Florida Project CAMLS (robotic surgery and healthcare professional training center). Huey was lead negotiator for public-private partnerships, including The Heights, a planned $500-million mixed-use redevelopment, and Encore, a $500-million mixed-use redevelopment under construction.
He led the city’s efforts to bring residential to the urban downtown, resulting in more than 3,200 residential units exceeding $1 billion in private investment. He also coordinated seven community redevelopment areas -- more than any other municipality in Florida -- including Downtown, Channel District, Ybor City, East Tampa, Central Park, The Heights and Drew Park. Peak total annual tax increment financing budgets totaled $31 million with 18 staff. Huey represented the city in creating the Tampa/Hillsborough Economic Development Corporation and led the city’s economic development strategic planning efforts with that organization and the Tampa Bay Partnership. Huey also developed diverse redevelopment programs including incentives, infrastructure improvements, public park development, clean teams, code enforcement, adult use enforcement, facade improvement programs, historic preservation initiatives, marketing and more.
In the international trade arena, Huey participated in a trade mission to Mexico, led planning for two missions to Panama and Canada, is a founding member of the Tampa/ Hillsborough International Protocol Office, and serves on the mayor’s Global Business Development Committee. Previously, Huey was chief operating officer at Metropolitan Ministries and chief financial officer at the Tampa Housing Authority. He helped guide both organizations through significant expansion. His prior experience was in commercial real estate development with The Wilson Co. of Tampa and as an assistant production manager at General Mills in Minneapolis. Huey has an MBA from the Wharton School of Business and a BA in accounting from the University of Florida. He is a Certified Public Accountant. Huey is 53 years old, married and has four children.
For more information about the EDC, visit http://www.edcsarasotacounty.com.