The Leon County Research and Development Authority (LCRDA) owns buildings in and manages Innovation Park, a research and development park in Tallahassee, Florida that is home to the world’s largest magnet laboratory and global leaders in high-performance materials, aero-propulsion, oil-less compressors, and energy. The LCRDA is governed by a Board of Governors comprised of prominent academic, business, and community leaders who work together to facilitate the growth and development of research into high-tech businesses in Innovation Park.
The mission of the LCRDA is to work in affiliation with Florida State University, Florida A&M University, and Tallahassee Community College to promote scientific research and development activities, and foster economic development and broaden the economic base of Leon County.
The LCRDA is a State Special District Authorized by FS Chapter 159 Part V, and was created by County Ordinance. While the organization is part of county government, all funding comes from lease related revenues. They receive no tax dollars.