In a recent joint workshop between the Marion County Board of County Commissioners and the City of Ocala, discussions centered on the potential development of convention centers and the broader economic impact of such projects. The meeting, held on March 13, 2025, highlighted the concept of "catalytic developments," which are designed to spur economic growth through strategic investments in key assets.

One of the primary topics was the "halo effect," a term used to describe how a central development, or "hero asset," can drive additional economic activity in surrounding areas. Officials noted that while these hero assets may not always be feasible for private developers to undertake alone, community support and public-private partnerships can facilitate their realization. Funding mechanisms such as tax increment financing and Community Redevelopment Agency (CRA) dollars were discussed as potential avenues to support these initiatives.

The workshop also emphasized the importance of creating a solid business case for proposed developments. This involves identifying specific projects that could catalyze further investment and growth in the region. The tourism plan was referenced as a foundational document that outlines a long-term vision for enhancing the area's appeal and economic viability.

Councilman Mansfield contributed to the discussion by expressing a desire for more vibrant activities in downtown Ocala, suggesting that smaller concert venues could attract visitors and utilize underused spaces. He emphasized the need for a focused approach to identify what types of venues would be financially viable and beneficial for the community.

Overall, the meeting underscored a commitment to fostering economic development through strategic planning and collaboration between public and private sectors. As the discussions progress, stakeholders will need to refine their proposals and present a compelling case to both public and private partners to ensure the successful implementation of these initiatives.