As part of the broader effort to revitalize Downtown Sarasota’s northern bayfront, the Sarasota Performing Arts Foundation has been working with the City of Sarasota to build a new state of the art performing arts center in the heart of The Bay Sarasota, a highly successful waterfront park whose first phase opened in 2022. In support of the Foundation’s efforts and beginning while a Principal at HR&A Advisors, Alex led a study of potential funding approaches for the new facility, including detailed analysis of the potential for a tax increment financing district to support bond funding for the facility, and also analyzed the potential economic and fiscal impacts of the new facility for the City of Sarasota, Sarasota County, and the State of Florida. More information about the project and its potential economic and fiscal benefits can be found here.