Development Incentive Program
$200,000
Grant
Description:
This program offers support of up to a maximum for constructing new commercial buildings, and support constructing new mixed-use developments.
Comments on Funding:
This program offers support of up to a maximum of $100,000 for constructing new commercial buildings, and support of up to a maximum of $200,000 for constructing new mixed-use developments.
At he moment his program is no longer accepting applications.
Eligibility:
To be eligible to apply for the New Commercial or Mixed-Use Development grants, a proposed
project must:
❏ Construction work has not started
❏ Be located within a Business Improvement Area or other Council-approved Target Area,
excluding Exhibition Lands
❏ Be located on a redevelopment site of less than one hectare
❏ Include ground-floor commercial units
❏ Be street-oriented or designed with an emphasis on the sidewalk and pedestrian access
to the building, rather than vehicle access and parking areas. Buildings are generally
sited close to the lot line bordering the street. Parking areas should not be emphasized
by the design of the site
❏ Meet the design principles (see page 8 fo r more information)
❏ Building will have clear, unobscured street-level windows once construction is complete
and for the 10 year maintenance period
❏ Window tints, vinyl wraps, tinted or frosted glass, large window decals, and
window perforations that obscure views in and out of the building are not
permitted
❏ No security bars or rolling shutters are permitted over windows or doors once
construction is complete and for the 10 year maintenance period. We encourage
the use of shatterproof clear glass or security films on windows instead
Application Steps:
The property owner or someone approved by the property owner to act on their behalf may
apply for the New Commercial Development Grant or the Mixed-use Development Grant.
How to apply
1. Contact the Program Manager to confirm eligibility and discuss the program. The
Program Manager will visit your site to discuss your plans and help you plan for a
successful application.
2. Complete an application package:
a. Application form
b. Drawings/elevations/site plan showing the property line/renderings clearly
showing what the completed project will be
3. Submit a completed application to the Program Manager during an application period.
Documentation Needed:
Application package
Other Things to Note:
At he moment his program is no longer accepting applications.
About the author
Maurice