Development Incentive Program
Program Details
This is a grant funding program designed for revitalizing and reinvesting in Edmonton’s main street commercial areas that need added support.
Financial incentives may be provided to property owners in Enterprise Areas of the Business Revitalization Zones (BRZ) who invest in new development, redevelopment, and/or conversion of their properties for Mixed-use, Multi-unit Residential, and/or eligible Retail and Commercial Use Storefront occupancy.
Property owners must meet the program guidelines to qualify for funding.
New application forms
There are new application forms, program guidelines and application requirements in the Related Documents on the right hand side of the page. These apply to the:
- Development Incentive Program Guidelines
- Development Incentive Program Application Requirements
- New Retail & Commercial Business Interior Improvement Application
- Multi-unit Residential Development Grant Program Application Form
- Retail and Commercial Development Grant Program Application Form
Enterprise area maps
Detailed Enterprise Area maps are linked below. The Zoning and Overlays maps below the main maps show the land use zoning and overlays applicable to the Enterprise Areas. The Land Use Zones Summary web page has more information about zoning.
Enterprise Areas are located in portions of the following BRZs:
Alberta Avenue Zoning and Overlays
Chinatown & Little Italy Zoning and Overlays
North Edge Zoning and Overlays
Available Financial Incentives
The following Development Incentive Program financial incentives may be available to property owners in Enterprise Areas:
Multi-Unit Residential Development
- A reimbursement grant of $12,000 per new dwelling for a mixed-use, market housing* project, to a maximum of 36 new dwellings, that creates new dwellings located above eligible ground floor (or both ground and above ground floor) retail and commercial use occupancy.
- A reimbursement grant of $7,000 per new dwelling for a multi-unit market housing* project, to a maximum of 36 new dwellings, that creates a minimum of 10 new dwellings.
(*Market housing is all housing that is produced through no direct capital and/or operating subsidies from any order of government. Market housing is inclusive of Market Affordable Housing, defined as Market housing that is produced for occupancy by moderate-income households that can be achieved through flexibilities in municipal land use regulation (e.g., reduced parking, increased density) but through no direct capital and/or operating subsidies from any order of government.)
Retail and Commercial Business Interior Improvements
A reimbursement grant up to 50% of construction costs for building interior improvements to a maximum amount of $15,000 per retail and commercial use building that has had a ground floor vacant retail and commercial use storefront(s) for at least 12 months immediately prior to application to the program and is occupied by an eligible new retail and commercial business.
New Retail and Commercial Building Development
A reimbursement grant equal to the amount of 5% of the total construction value to a maximum amount of $40,000 per new retail and commercial use building that has a minimum construction value of $250,000, is a minimum of two storeys, and has eligible ground and above ground floor retail and commercial use occupancy.
Eligibility Details
Edmonton City Council approved the program to apply to Enterprise Areas in the city. A detailed policy explains what type of properties and uses are available for this program. The policy is available in the Related Documents on the right side of this page.
To determine if your property qualifies, contact the Program Manager listed below.
How the Development Incentive Program Works
Development Fund proposals will be:
- Reviewed on a case-by-case basis
- Subject to approval by a Project Review Committee
- Subject to a legal agreement between the property owner and the city
- Issued a cheque upon project completion and final inspection by the city
The City works with the applicant in developing the best application possible. The application is presented to a Project Review Committee for approval with conditions, or refusal.
Successful projects will strive to make a positive contribution to the business area in terms of urban design and improving the pedestrian environment.
Program Design Guidelines
Program Design Guidelines are provided to applicants, since projects are required to reflect principles of good design. Applicants should address the criteria outlined in the Program Desgin Guidelines as this will assist in securing the approval of the Project Review Committee. To obtain a copy of the Program Design Guidelines, contact the program manager listed below.
Key Program Design Guidelines
- Enhances the pedestrian environment
- Human scale building frontage
- Active building frontage
- Quality architectural details
- Crime Prevention Through Environmental Design (CPTED) principles
- Landscape features
Development Permits are Needed
Development, Building and Sign permits are required where applicable.
For more information:
Manager, Development Incentive Program
City of Edmonton
Sustainable Development
5th Floor, 10250 101 St. NW
Edmonton, Alberta
T5J 3P4
| Telephone | 780-495-0977 |
|---|---|
| Fax | 780-495-9916 |
| development.incentive@edmonton.ca |
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