Downtown Incentives Program

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In attempt to revitalize the City of Grande Prairie Downtown Core, two projects were launched. The Downtown Incentives Program & Policy were developed to encourage business and property owners within the Downtown, an incentive program to invest in higher density residential development, building and facade improvements. The Down town Rehabilitation and Street Scaping Project was a multi-phase project designed to revitalize the down town through infrastructure upgrades and an updated streetscape design.

The Downtown Incentives Program was successful in offering financial incentives/subsidies to property owners under three different categories; Urban Residential Development, Facade Improvement and Patio Grant. The Urban Residential Grant offered 4 options ranging from $15,000 for mixed use apartments with ground floor commercial use, $10,000 for 24+ units residential, matching grant for water and wastewater connections, and option to defer the General Municipal Tax Portion of the Incremental Assessed Value for a max of 3 years. Facade Improvements were a matching grant of $750 per Front Foot or $50,000 for improvements of aesthetic appeal, pedestrian …show more content…

Above ground upgrades included roadway improvements, intersections, curbs and gutters, sidewalks, benches lights and trees. In 2016, the City was allocated $20,000,000.00 in Municipal Sustainability Initiative for Phase 1 & 2 of this project and additional funding through Aquaterra for water and sanitary infrastructure replacement. Phase one was scheduled to take two months (weather pending) to complete. Council recognized that the infrastructure improvement/repairs were imperative to service delivery, council was very split on the beautification element. The beatification project was won by one council vote and was a contentious issue from the

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