Development Incentive Program – New Commercial Development Grant
$100,000
Grant
Description:
The Development Incentive Program supports the evolution of attractive, pedestrian-friendly
main streets, one new commercial or mixed-use building at a time. The program provides
matching reimbursement grants to cover a portion of eligible costs. Sites must be located
within Business Improvement Areas or other Council-approved Target Areas.
Comments on Funding:
A grant of up to 10% of the total construction value to a maximum of $100,000 may be available
for new buildings that meet the following:
❏ Be a new commercial building that has a minimum construction value of $250,000
❏ Is a minimum of two storeys in height, and
❏ Has a commercial unit(s) on the ground floor
This 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:
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.
Documentation Needed:
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.
Other Things to Note:
This program is no longer accepting applications.
About the author
Maurice
